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Justin Fontenelle’s MFRE Impact Review — Can You Really Make Money With Airbnb Without Owning The Property?

March 15, 2024

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The MFRE Impact is an Airbnb coaching program by Justin Fontenelle. The program teaches you how to earn money through Airbnb without the need to own any properties. Justin is an owner of multiple self-running real estate companies and a successful 7-figure Airbnb host.

Airbnb presents a great opportunity for earning money. In 2022, it generated a whopping $8 billion in revenue, showing a significant 50.97% increase from the previous year. But remember that being successful on Airbnb requires active participation. You need to actively handle the listings and respond to guest inquiries. Can Justin Fontenelle's MFRE Impact help you make money with Airbnb without owning the property?

Local lead generation offers distinct advantages over Airbnb, particularly its passive nature. It is a type of digital real estate where you create websites targeting local keywords and rank them highly in search results. Once the websites are ranked, you can rent out the leads they generate to local businesses. This approach allows for a more hands-off income as there is no need for active management or daily tasks like with Airbnb.

MFRE Impact Pros And Cons

Pros

Justin Fontenelle is the owner of multiple self-running real estate companies and is a 7 figure Airbnb host.

You can really make money with Airbnb.

Justin is not only the mentor in the MFRE Impact.

Cons

The price of the coaching program is not disclosed.

Limited information about the program.

No available reviews and testimonials outside the website.

Price

You need to book a call with Justin to discuss the cost of the coaching program.

Refund Policy

There is no information about the refund policy.

Origin

MFRE Impact coaching program started in 2022.

Reputation

Justin Fontenelle has an excellent reputation in the real estate industry. He has over 500 flip houses, 50 Airbnb listings, 350+ properties under management, and 60+ rentals.

What You Will Learn From MFRE Impact?

With MFRE Impact, you will learn different expertise in:

Becoming Corporate: MFRE Impact teaches you how to structure your business legally by incorporating your LLC.. It covers getting an EIN number and setting up a business bank account.
Building Business Credit: Justin provided strategies to improve your business credit. Also helps you to access funding opportunities, and enhance the credibility of your business.
Market Study: This coaching program helps you to understand how to analyze real estate markets. Also to identify profitable locations and stay ahead of market trends.
Pitching Skills: You will learn to master the art of delivering persuasive pitches to attract investors and clients. It will increase your chances of success.
Space Setup: Receives guidance on creating appealing and functional spaces for your Airbnb business.
Automation: You will learn here the benefits of automation in real estate. MFRE Impact teaches you to leverage technology to streamline operations and achieve scalability.

Who Is The Creator Of MFRE Impact?

Justin Fontenelle is the creator of MFRE Impact. He is a successful entrepreneur who started in Belgium and established his own company in Detroit. With a solid foundation in real estate, Justin has expanded his portfolio. Currently, he owns over 20 Airbnbs and over 30 rental properties in Michigan, Arizona, and Florida. He is also involved in other industries to diversify his income.

Justin is also the CEO of Just Invest Now. He and his team are experts in real estate investments. They offer personalized services to find the best properties in the market. With a track record of 7 years and operations in five states, Justin has achieved a turnover of $12 million in 2021. Also, he worked with 400 investors, with an average investment of $75,000

Justin Fontenelle has a good social media presence with 2K followers on Facebook, 16.9K followers on Instagram, 22.8K followers on TikTok, and 3.73K subscribers on YouTube.

Who Is MFRE Impact For?

MFRE Impact is for individuals who aspire to start their own real estate business. This coaching program caters to anyone in the industry seeking expert guidance from a seasoned realtor to achieve outcomes. It is open to everyone interested in generating income through Airbnb without the need to own any properties.

Is MFRE Impact Worth It?

MFRE Impact can be worth it considering Justin Fontanelle's track record in the real estate industry is great. Yet, it is important to know that there is limited information available about the program itself, which introduces some risks. The lack of transparency regarding the program's price, refund policy, and overall details makes it challenging to check its value accurately.

Justin Fontanelle is the host of the Money On My Mind podcast. It allows you to gain insights from accomplished real estate investors and entrepreneurs nationwide. Their stories and strategies can provide lessons for beginners and those looking to expand their real estate ventures. If you want to start your real estate business with Justin, you can schedule a call for more detailed information. MFRE Impact coaching program can be a good start, but there are other top Airbnb courses to maximize your profit.

Justin Fontanelle's 5 Tips How To Jumpstart Your Real Estate Business

1. Know Yourself and Your Passion: To jumpstart a real estate business, it is important to know oneself and identify your true passion. By understanding personal skills and interests, you can find a niche within the real estate industry that aligns with your expertise.
2. Identify the Target Audience: Once you have your niche, it is crucial to identify your target audience or ideal customer. You can do this by researching competitors within the same niche and analyzing their audience. Social media platforms and hashtags help you to find the target audience.
3. Analyze the Competition: To stand out within the chosen niche, it is necessary to analyze the competition. This involves studying competitors' products, pricing, branding, and marketing strategies. You need to differentiate yourself and offer something unique to your target audience.
4. Focus on Branding and Staying Up with Trends: Building a strong brand image is important for attracting and keeping customers. This includes creating a memorable logo, defining a mission statement, and establishing core values that reflect the business. Also, staying updated with current trends and incorporating them into marketing efforts helps you engage with your target audience.
5. Become the Customer for a Day: It is important to put yourself in the customer's shoes and check the branding, videos, marketing messages, and overall customer experience. This tip helps you to ensure that the approach is appealing and aligned with the target audience's needs and preferences.

Can You Really Make Money With Airbnb Without Owning The Property?

Yes, you can really make money with Airbnb without owning the property. There are several legitimate methods that allow you to generate income from short-term rentals on Airbnb without the burden of property ownership. These methods include Airbnb subletting, master leasing, co-hosting, and vacation rental management. Each method involves different approaches to renting or managing properties to earn a profit from the price difference between what you pay and what you charge guests.

Airbnb Arbitrage: This method involves renting a property from a landlord and then listing it on Airbnb to generate income. For example, you might lease an apartment for $1,000 per month from the owner and then rent it out on Airbnb for $100 per night. By effectively managing bookings and occupancy, you can earn more from the Airbnb guests than what you pay in rent to the landlord, thus making a profit.
Master Leasing: With master leasing, you sign a long-term lease with a property owner or landlord and then sublease the property on Airbnb for shorter stays. For instance, you might lease a house for $2,000 per month, and if you rent it out on Airbnb, for $150 per night. From that, you can generate more revenue from short-term rentals than what you pay in monthly rent.
Co-Hosting: Co-hosting involves partnering with an existing Airbnb host who owns the property. As a co-host, you assist with managing guest bookings, communication, and check-ins. And in return, you receive a percentage of the rental income. For example, you might collaborate with a host who owns a vacation home and offer your services for 20% of the rental revenue.
Vacation Rental Management: In this method, you manage other people's vacation rentals on platforms like Airbnb. Property owners hire you to handle various aspects. It includes listing creation, pricing, guest communication, cleaning, and maintenance. As compensation, you typically receive a percentage of the rental revenue. For instance, you might manage multiple properties and earn 15% of the total rental income for your management services.

MFRE Impact Alternatives

Airbnb Accelerator - Airbnb Accelerator is a real estate program by Humza Zafar. Humza also teaches how to earn extra money through Airbnb without owning property through Airbnb arbitrage. It involves renting properties and subletting them on Airbnb for a profit.
Airbnb Empire Academy - Airbnb Empire Academy is a course by Derek Cheung that teaches step-by-step training on how to build, scale, and automate your own 7-figure Airbnb business owning no properties.
Short Term Rental Secrets - Short Term Rental Secrets is an online course by Michael Sjogren that focuses on real estate investing in Airbnb by automating pricing, access/security, guest communications, and turnover management.
BNB Profits - is an online course that offers a fast-track method of learning the Airbnb business model. The course breaks down the process so it’s easy to understand for beginners. Blake offers a free live webinar if you want to check his coaching style before enrolling.
Top Airbnb Coaching Services - This is a list of the best Airbnb coaching programs if you're looking for a specific mentorship style.

Conclusion: Is Airbnb Not Profitable?

No, Airbnb is profitable. In 2022, Airbnb generated $8.4 billion in revenue and $1.9 billion in profits. Also, running an Airbnb can be a passive income stream while working full-time in 2024. However, running an Airbnb requires active work and daily tasks. You need to manage your listings, communicate with guests, and handle bookings and payments. Also, you need to coordinate check-ins and check-outs, clean and maintain the property, and address any issues or concerns that may arise.

If you want a business model that doesn't require much work, you can try local lead generation using the rank and rent model. You build websites that rank high in search engines for specific local services or industries. These websites generate leads for businesses, and then you rent out the websites to those businesses. It's a way to generate passive income without having to do a lot of daily tasks or active work. It can generate as much as $2,000 a month per site and you can scale as much as you want.

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