2020 is the right time to make the most out of your residential property. Not everyone can afford to pay the increasingly demeaning price of a hotel room when they are in a new city or town. Airbnb has made it possible for both homeowners and short-term renters to conduct their business in a safe, efficient and profitable manner.
Airbnb is not a waste of time. “82 percent of people think Airbnb-ing their home is a good money-making strategy,” says a report by CNBC. If you are in LA and wish to meet others who already have started Airbnbing their home, make sure you join the following meetups.
Here Are the 5 Airbnb Meetups You Should Attend in Los Angeles
As the name suggests, Airbnb Hosting for Beginners is a meetup group meant for newbie real estate investors who wish to try their hands on Airbnb and other short-term renting options. The events are conducted by the organizer name Casey in locations like Mansfield Ave, and Hampton Inn & Suites Los Angeles, Sherman Oaks, LA.
This meetup group is run by Anthony, a real estate investor based in LA. The meetups are conducted in Remax 2000 Realty, Hacienda Blvd, Hacienda. Anthony teaches three business models to make anywhere between $1000-$10,000 per month with Airbnb and short-term rentals. The events are free to attend–you don’t need to be an expert in real estate investing.
Saturday with TIM is organized by Tim Ryan, a business owner, active investor and an Airbnb expert based in Arcadia, CA. By joining this mastermind group, you get access to people who make passive income flipping houses and managing properties. Joining such a specialized group would otherwise cost you a lot of money. Most such groups are not even open for beginners.
4) San Gabriel Valley – Airbnb Hosts Meetup Group
If you live near San Gabriel Valley, South Pasadena, CA, and wish to start your own business of short-term rentals, this might be the right time to join this group. This group is organized by Cindy Kang who herself is an Airbnb host. She now teaches other people how to make a fortune renting out their apartments. Share ideas, make friends, learn for free by joining this group.
Not everyone can attend outdoor meetups. Job, school, college, and other obligations can keep a person so busy that they might pass on an opportunity to earn more than $1000 per month. I am talking about the passive income-with minimal effort from your part. Once you join this group on Meetup, you will receive links to free webinars help every Thursday evening. The organizer picks some really interesting topics for the webinars.
It is estimated that more than two million people stay in Airbnb’s every night. Do not pass on this opportunity to earn some extra income by renting out one of the rooms in your home for a night or two.