Robert Iacob – STR ACCELERATOR: The Ultimate Guide to Running a Profitable Airbnb Business

I am currently 23 years old, with a vision to leave a legacy behind for generations to come. I enjoy taking risks, in doing so, I have acquired a wealth of knowledge which I would now like to pass on to my students. (I day trade stocks, invest regularly, host properties on home sharing websites such as Airbnb and Vrbo). Lastly, I work on my YouTube channel with a very long term outlook on what I can achieve if I stay consistent.

• 1. Why Airbnb ed (4:25)

• 2. Issue With Past STR Rentals & How Airbnb Solved That (Payments, Deposits & Liability, Damage) (4:14)

• 3. What Most People Refer to as Short Term Rentals (4:01)

• 4. Why it is The Perfect Time to Hosting an Airbnb (9:45)

• 5. Statistics About Airbnb, HomeAway, etc. & Hospitality Business as a Whole (4:15)

• 6. City Bans and Why That Shouldn’t Be a Worry (7:45)

• 7. Why Airbnb is Gaining so Much Attention & Why People Happily Choose Homeowners Over Corporate Hotel Chains (4:51)

• 8. How to Get Permits for Your City + How to Check Local Restrictions (4:02)

• 9. Hospitality 101 – Customer Service is The Name of The Game + Importance of Reviews. (4:31)

• 1. Free Research With Airbnb Host Estimate Tool (3:07)

• 2. Scouting Locations & What to Look For (6:04)

• 3. Price Points & Location Size (6:05)

• 4. Single Family Homes vs Multi Family Homes vs Apartments (12:16)

• 5. Setting an Appointment with a Landlord (2:34)

• 6. Pricing: How to Calculate an Average Nightly Rate for Your Airbnb (3:34)

• 7. Occupancy: How to Calculate an Average Monthly Occupancy Rate for Your Airbnb (1:44)

• Other Tools to Use (1:37)

• How to Pitch a Landlord for Airbnb (1:34)

• Key Point #1: Professional Cleaning Multiple Times Per Week (1:52)

• Key Point #2: Professional Property Management Company to Manage Your Property (2:29)

• Key Point #3: Less Occupancy = Less Wear & Tear + Psychology of “Guests” (1:49)

• Key Point #4: Noise Level Monitors, Front Door Cameras, Extra Accessories for Protection (0:45)

• Key Point #5: Rental Insurance + Airbnb $1 million Dollar Damage Protection (1:20)

• Counteroffers & Objections Handling (2:08)

Business online course

Information about business:

Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services).
[need quotation to verify] Simply put, it is “any activity or enterprise entered into for profit.
It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors.”

Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business.
If the business acquires debts, the creditors can go after the owner’s personal possessions.
A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.