STR Shortcut is a course that teaches people how to make money with short term rental properties on Airbnb in as fast as 30 days. David shows students how to become profitable by using automation tools to help you have more time to continue growing your business.
Renting properties on Airbnb is expensive to get started and time-consuming. You've got to buy every piece of furniture so your images look presentable and find a team of cleaners that are willing to always be ready to clean your property. After you get everything in order to be rented in the short term, you are then forced to be on call 24/7 in case there are any issues. This is the case even if you do implement automation tools.
Before jumping into the Airbnb rental industry, you need to learn all the strategies and tips to help you run the business as efficient as possible. Is David's course the right one to learn everything you need to make a passive income?
If you want to make money with real estate without having to find physical properties, invest thousands of dollars, and deal with guests, check out the local lead generation business model that offers a passive income with digital real estate.
Pros
David has made over 6-figures with short term rental properties.
David reveals how to find creative ways to get funding for your rental properties.
You learn how to automate your Airbnb business.
Cons
You won't see your initial investment back for months or years with an STR business.
Your upfront costs are high when starting an Airbnb business.
Guests can be very demanding even if you automate your business.
Price
STR Shortcut costs $47.
Refund Policy
100% money-back guarantee.
Training
Video training.
Group
No private Facebook group.
2 Reasons Airbnb Arbitrage Isn't Passive
1. On-Call 24/7
When you start an Airbnb arbitrage business, you have to be on-call 24/7 in case your guests have questions, complaints or concerns. If there are any maintenance issues or emergencies late at night, your prompt response is vital if you're going to provide top-notch customer service. If you don't hire someone to be on-call overnight, you will eventually get a phone call or message from your guests late at night. This is a frustrating part of this business model.
2. Damage to Your STR Property
When guests stay at your property, it's probable that at some point someone damages your property. This will put you in a position where you need to find a reliable contractor or handyperson that at a moment's notice will be ready to do repairs. You will have to shell out a few hundred or thousand dollars in repairs depending on the gravity of the damage. Having to fix property damages will only cut into your profit margin, which is one hassle of this arbitrage model.
What's Inside STR Shortcut?
In this training, David breaks down how you can get started with short-term rentals without having to risk your own capital.
Here, you learn what you can do to get as many Airbnb properties as quickly as possible.
This training dives into how you can build your Airbnb business so that you are profitable even when the economy isn't doing so well.
The last section of the course is training on how to automate your Airbnb business with the help of several tools that were created to make running your business easy.
STR Shortcut Review: Is it legit?
STR Shortcut System is legit because David dives into all the necessary skills and strategies that you need to know if you're going to run a legit business. He covers each aspect step by step so you know exactly what to do and how. The automation training is enlightening because you can then have more time for yourself or to work on scaling with more short term rental properties. Automation allows you to deal with less hassle no matter how many bookings you get.
What are the benefits of following a short term rental course?
The benefits of following a short term rental course are that you get to see step by step how to start and run your business. Depending on the course, you may get live weekly coaching, 1-on-1 mentoring sessions, access to the newest automation tools and updated content. Learning from someone who has had massive success is highly beneficial, especially if they are determined to teach you everything they know without holding anything back, as many course creators tend to do.
STR Shortcut Successful Students
There are a few students that have given a testimonial for David's course. Dan shared how he earns over $180,000 per year in profit thanks to David's training and guidance.
Next is Jessica. She is making over $5,000 per month with her short term rental properties and is on her way to scaling to 10 Airbnb units where she will multiply her monthly income.
STR Shortcut Alternatives
Airbnb Freedom Fast Track by Jonathan Farber is an Airbnb training program that teaches you how to get your first Airbnb property within 90 days. Jonathan also shows you all the ways you can automate this business so you don't work in your business like an employee. There are 10 training modules, along with spreadsheets, checklists and tools you can use. On Monday evenings, Jonathan hosts live Zoom calls to provide more guidance and support. He also reveals the best credit cards to use for your Airbnb business.
Price: The cost of Airbnb Freedom Fast Track is revealed to you over the phone.
More Info: Airbnb Freedom Fast Track Review
Airbnb Arbitrage Roadmap by Preston Seo is designed for aspiring entrepreneurs looking to venture into the short-term rental business. The course provides a step-by-step guide on how to build a profitable Airbnb business through rental arbitrage. While the primary focus is on Airbnb, the course also covers managing short-term rentals on other platforms like Vrbo, Homestay, and Booking, offering a well-rounded approach to the short-term rental industry.
Price: $2,500
More Info: Airbnb Arbitrage Roadmap Review
Short Term Rental Secrets by Michael Sjogren is another online course that focuses on automation in 4 key areas. Those 4 areas are pricing, access/security, guest communications, and turnover management. Michael's program lasts 12 months, and he coaches you personally, so you are always taking the right steps toward profitability and a somewhat passive income. There are weekly coaching calls each week and you are allowed into Michael's private Facebook group for support.
Price: The cost of Short Term Rental Secrets is given to you after your call.
More Info: Short Term Rental Secrets Review
Read my article on the top Airbnb courses for a list of alternate courses.
Are Short Term Rentals profitable in 2024?
Short term rentals are profitable in 2024 because there are over 2.2 billion travelers in the United States. Clearly, there is a demand of places for people to stay while on vacation and many don't want to stay at regular hotels. This business model is a good way to enter the real estate market.
The downside of starting an Airbnb short term rental business is that you have high overhead and you've got to attend to not only your guests but also your cleaning and maintenance team. You will be on call 24/7 even if you have your business automated. If there ever are any issues such as the air conditioning or heat not working, you still need to be readily available to answer questions or concerns and provide timely solution, so keep your guests happy. After all, unhappy guests most times equate to negative reviews online, which will hurt your revenue.
Another issue with short term rentals on Airbnb is that no matter what you do to make your business recession-proof, if a recession or pandemic happens again and tourism is halted, you will not make money.
You can make money with Airbnb, but it doesn't offer you the benefits that local lead generation does.
Digital Real Estate with Local Lead Generation is more Passive than Physical Short-Term Rental Properties
Local lead generation lets you use your digital properties to make you money each month. You don't need to worry about paying thousands of dollars to purchase and furnish a short term rental property or be on call 24/7 for your guests. All you do is build your digital assets, rank them on Google, and send the leads they generate to local business owners that can handle more work each month.
A local lead generation business is more passive than having to deal with all the hassle renting out Airbnb properties comes with.
My tree care site in Grand Rapids is an example of how profitable digital real can be. It has paid me $2,000 every month ever since I set it up over 8 years ago.
You can do the same as long as you get into an in-demand niche and your sites rank at the top of the search results on Google.
To learn how to make money without going through the troubles short term rentals come with, check out the local lead generation business model.
