Welcome back to another episode of The Richer Geek Podcast. Today, we are joined by Daanish Azim, who built a $60K/month Airbnb business without owning a single property. He lost everything in 2022, took a chance on one rental unit, and turned it into a small empire. Now he teaches others how to do the same through Airbnb arbitrage.
In this episode, we chat about…
What Airbnb arbitrage is and how it works
Why getting property owners' permission matters
How to check city rules and avoid issues with regulations
Funding the business using 0% business credit cards
What today's Airbnb market requires: staging, photos, pricing, and systems
Why some people need coaching and others don't
You don't need to own real estate to start an Airbnb business
Local rules matter, always check city regulations and HOAs
Most units need proper staging and pro-level photos to stand out
You can fund furniture using 0% business credit cards instead of cash
Owners want three things: rent on time, low stress, and legal use
Many beginners fail not from lack of information but lack of guidance
Focusing on one business for at least a year builds real results
Resources from Daanish
Resources from Mike and Nichole
Check out our latest project here: Barcelona Hotel Fund
LinkedIn | Gateway Private Equity Group | Nic's guide
