Building a Profitable Airbnb Empire with Adam Hager
In this episode of the Real Estate Investor Growth Network, hostess Jen Josey welcomes guest Adam Hager, co-founder of Airpreneur. Adam shares his journey from software sales to building a successful Airbnb business with zero property ownership. He delves into the details of his pioneering zero property rental arbitrage strategy. Adam discusses the importance of developing the right mindset, scripting for landlords, and leveraging business credit to grow quickly. With practical insights into managing properties, finding reliable teams, and achieving true time and financial freedom, this episode provides invaluable advice for aspiring real estate investors.
00:00 Introduction to REIGN and Host Jen Josey
01:02 Today's Topic: Importance of Cash Reserves
03:33 Guest Introduction: Adam Hager
05:09 Adam Hager's Background and Transition to Real Estate
08:26 Airbnb Arbitrage Explained
10:40 Finding and Setting Up Arbitrage Properties
17:02 Scaling the Airbnb Business
21:54 Evaluating and Managing Airbnb Properties
29:13 Finding Reliable Cleaning Teams and Handymen
29:26 Effective Strategies for Hiring Handymen
30:13 Building Relationships with Cleaning Companies
30:51 Questions to Ask Potential Cleaning Companies
32:41 Handling Issues with Cleaning Services
34:22 Introducing Air Preneur Mentorship
35:12 The Difference Between Mentorship and Courses
38:05 Funding Your Airbnb Business with Business Credit
41:38 Success Stories from Air Preneur Students
42:57 Advice for Aspiring Airbnb Entrepreneurs
44:29 Conclusion and Contact Information
46:19 Personal Insights and Final Thoughts
