The Airbnb Breakdown Academy is a rental arbitrage course by Bryson Blocker and Inayah McMillan. It teaches you how to use the Airbnb system by learning how to research properties, and automation tools like PriceLabs, and Nest Doorbells that make your business run itself.
The course provides a blueprint to earn over $100,000 in less than 12 months using Airbnb.
Airbnb is on the rise. As of November 2022, 52.9% of all reservations were from Airbnb. This is a rise from 43.5% in 2020 and 51.2% in 2021. But, these numbers do not necessarily mean that rental arbitrage is a ticket to passive income. It requires ongoing property maintenance, tenant management, and the risk of vacant properties. Is the Airbnb Breakdown Academy the best way to succeed in rental arbitrage?
Local lead generation through the rank and rent model can be a better option than rental arbitrage for generating passive income. While rental arbitrage involves managing physical properties, local lead generation requires owning a digital real estate, like a website that generates leads for local businesses. With rank and rent, you can lease your website to businesses for a monthly fee. This means you don't have to deal with the maintenance and upkeep of physical property, reducing risk and expenses.
Airbnb Breakdown Academy Pros And Cons
Pros
Bryson Blocker and Inayah McMillan claim to make millions monthly at 20.
Airbnb Breakdown Academy's Instagram account has nearly 250K followers, which shows its popularity.
It offers a free 90-minute Airbnb course.
The course already has already over 1,500 members, according to Airbnb Academy's private community.
Cons
The course has no coaching, just a community to ask questions.
Airbnb Breakdown Academy is still new.
The costs of the course can be high for beginners.
It has some bad feedback, saying that Bryson and Inayah are scams.
Price
Airbnb Breakdown Academy costs $1,497.
Refund Policy
Bryson Blocker and Inayah McMillan offer a 30-day money-back guarantee.
Origin
Airbnb Breakdown Academy started in 2022.
Reputation
Bryson and Inayah generate seven figures in sales in a month and feature in Yahoo! and Insider. They also have a vast online presence with over 50K subscribers on YouTube and over 100K followers on Instagram.
5 Things Rental Arbitrage Gurus Don’t Want You to Know
1. High competition
Because of the popularity of short-term rentals there is high competition in the market. This makes it difficult to find consistent bookings for your property. According to AirDNA, the average occupancy rate for Airbnb rentals in major US cities is only 47%- 50%. So, beginners may need help to keep their property booked year-round.
2. Hidden costs
To run a short-term rental property well, you must spend money on furniture, utilities, and upkeep. These costs can be more than what new Airbnb hosts anticipate. Some mentors who teach rental arbitrage may not explain these expenses, leading beginners to underestimate them.
3. Legal complexities
You must know that short-term rentals might go against local zoning laws or homeowner association rules. This can be risky. Some cities even forbid or restrict short-term rentals, so it's important to research if Airbnb arbitrage is legal in your area. Rental arbitrage mentors ignore these legal complications, it makes their clients prone to legal issues.
4. Unpredictable cash flow
You can make a lot of money in the short term, but the income can be unpredictable because of changes in seasons, local events, and market fluctuations. Some rental arbitrage mentors may exaggerate how much money you can make, leading beginners to have false hopes.
5. Operational challenges
Running a rental arbitrage property can be tough and stressful. It includes taking care of guests, cleaning, maintenance, and handling unexpected issues. Most rental arbitrage mentors must reveal how much active work involves in this business mode. That makes beginners unprepared for the daily challenges of managing a short-term rental property.
What Do I Get In Airbnb Breakdown Academy?
With Airbnb Breakdown Academy, you will get access to the entire course of video training, scripts, and templates. You will also gain access to the private community and receive addendums, expense sheets, and some bonuses.
This section teaches you how to create a Limited Liability Company (LLC) to establish a legal business. To get started, you need to follow a step-by-step process for setting up your LLC. This process includes choosing a business name, registering your business with the state, and getting necessary licenses and permits.
This guidebook will provide clear instructions and guidelines on how to use and maintain your rental property.
This section will guide you in creating a standout listing. It involves taking high-quality photos, writing engaging descriptions, and providing accurate information about your property's amenities and location.
To establish a solid online presence for your business, you must create your booking website. Begin by using a ready-made booking website template as a base and personalize it with your branding and content. This way, you can design a website that showcases your distinct personality and style.
This part helps you to furnish your home in a simple and affordable way, follow these steps: set a budget, prioritize important items, and select stylish and practical pieces.
This template covers important topics, such as noise, smoking, drugs, and restrictions. Customize it to fit your needs. It will help guests understand the rules and create a positive rental experience for everyone.
Create a lease addendum specifically for short-term rentals. Includes clear rules on how the property can be used, like the maximum number of guests and noise restrictions.
These pre-made scripts helps you answer common questions, negotiate rental terms, and secure the property you want. These scripts include topics like rental history, income verification, and lease terms.
You can use these message templates to send clear and helpful messages during their stay. These templates include topics like check-in instructions, house rules, and local attractions.
Using automation can simplify your rental business. You can use automation tools to streamline tasks and improve efficiency. These tools include automated messaging systems, online booking platforms, and property management software.
Finding profitable locations is key to building a successful rental business. This guide guides you to find and secure properties in specific areas. This guide provides information on market research, identifying popular destinations, and analyzing local rental demand.
This budget expense sheet helps you track and handle all the costs involved in owning and running a rental property. It includes details about fixed and variable expenses like mortgage payments, property taxes, utilities, and maintenance costs.
Who Are The Founders Of Airbnb Breakdown Academy?
Bryson Blockers and Inayah McMillan are the founders of Airbnb Breakdown Academy. They tried various business models such as ecommerce, forex, dropshipping, nannying, and cosmetology before discovering how to make money with Airbnb without owning property. In May 2021, they bought their first Airbnb property, a two-bed, two-bath apartment in downtown St. Louis, investing $8,000. Within this first year, their property earned over $50,000 in profit. That made Bryson and Inayah successful entrepreneurs, even though they were under 20.
Bryson Blocker is from St. Louis neighborhood with his dad in jail and his mom struggling financially. He achieved remarkable financial success at 20. In six months, he earned $3 million. Bryson finds his success after losing $100,000 in options trading and breaking even with dropshipping
Inayah McMillan, a successful young entrepreneur, achieved over $3 million in revenue in just six months at 20. She is a co-founder of Alluring Stays and I&B Coaching, providing coaching services for short-term rentals, mindset, and finances. Inayah manages 11 Airbnb listings in St. Louis, Missouri, earning over $375,000 in revenue, owning no properties. She highlights the importance of getting an LLC and shares automation tools that helped her expand her business. Inayah, a self-taught professional, has been featured in many business articles.
Is Airbnb Breakdown Academy Worth It?
The Airbnb Breakdown Academy can be worth it if Bryson and Inayah's success stories are true. They claim to teach you how to earn a seven-figure income in just six months through Airbnb rental arbitrage. However, keep in mind that the course costs $1,497 and doesn't include personal coaching or mentorship, which is important for this challenging business model. Additionally, some people on YouTube accuse the course of being a scam, so do thorough research before enrolling. You can also try their free 90-minute course on Sundays to help you decide if Airbnb Breakdown Academy is right for you. If this course doesn't sound right for you, you can check out Million Dollar Renter, Airbnb Pricing Workshop and other top Airbnb courses to maximize your profits.
Airbnb Breakdown Academy's Free Airbnb Course
Airbnb Breakdown Academy offers a free Airbnb course that teaches students how to set up their business in as little as a week. The course covers securing funding without personal funds and provides strategies for negotiating with landlords to get their first Airbnb property.
Airbnb Breakdown Academy's 5 Steps To Get Your First Yes
What Is Airbnb Rental Arbitrage?
Airbnb rental arbitrage is a type of real estate investing where you lease a property from a landlord and then rent it out to short-term guests on Airbnb for a profit. It's a popular business model because you don't need to own the property.
How Much Is The Startup Cost In Rental Arbitrage?
The startup cost for rental arbitrage is typically $5,000 to $10,000, but it can vary based on factors like location, property size, and market demand. These upfront costs include a security deposit, first month's rent, furnishing and decorating the property, as well as expenses for utilities, cleaning fees, and insurance.
It's important to have some extra money on hand to handle unexpected costs or expenses when starting and running your rental arbitrage business. Before you begin, evaluate your finances and make a thorough budget plan to ensure you have enough funds to cover all expenses. This will increase your chances of success in Airbnb rental arbitrage.
Why Local Lead Generation Is Better Than Rental Arbitrage?
Local lead generation is a better option than rental arbitrage because it lets you earn passive income without the hassle of physical real estate or dealing with tenants. Rental arbitrage involves finding a property, furnishing it, and managing bookings and guests, which can be time-consuming and risky. With local lead generation, you can build and rank websites that generate leads for local businesses. These businesses pay you a monthly fee for the leads you provide. It's a low-risk, low-investment model that offers a steady stream of passive income.
