Passive Real Estate Investment | Casmon Capital Group | United States

Quit Your Job, Rent Your Place And Travel The World with Jasper Ribbers, Episode 6

Passive Multifamily Investing

Curious about using AirBnB for your home or a rental? Today’s guest wrote the book on how to get paid for your pad, literally. Jasper Ribbers is the co-author of the Amazon Best Selling book, Get Paid For Your Pad – How To Maximize Income From Your AirBnB Listing. He also hosts the podcast of the same name. Jasper shares how he quit his job to move to Brazil and made $60,000 using AirBnB. He gives his tips and advice to help you maximize your income no matter where your property is located. Jasper also discusses why he sold his place in Amsterdam to invest in Columbia and the Philippines due to changing government regulations. No matter where you live or where you invest, if you are even remotely interested in AirBnB, you need to listen to today’s episode of Target Market Insights.

Listen Now!

iTunesStitcherGoogle Play

Key Market Insights:

  • How Jasper quit his job and discovered AirBnB: Moved from long-term rentals to AirBnB and tripled his income

  • How to get started on AirBnB: Free to create a listing, Do research before you start, Check out Jasper’s blog, New hosts get a temporary bump in platform visibility, Create a great listing to get momentum quickly

  • Mistakes new AirBnB hosts make: Listing without understanding what guests want, no prior experience being an AirBnB guest, poor photo quality and choices

  • AirBnB will send out a photographer for free to take high quality images of your place

  • How to create a top-notch guidebook: Details on the neighborhood; Your personal suggestions on coffee shops, art galleries, and other local attractions

  • Changes in regulations that affect AirBnB businesses: Larger cities with housing shortages are cracking down including Amsterdam, London, Paris, New York, San Francisco, and Chicago

  • Factors when considering locations for AirBnB properties: Doesn’t have to be a tourist destination, Create a high-end experience in regions that have fewer of those options

  • Jasper purchased apartments in Carabao Island, Philippines anticipating increased travel demand from China; and Calí, Columbia to provide a luxury experience for US and European travelers.

  • How to find a property manager: Start with your personal network, Find relevant Facebook groups to post your requests, Short-term property management companies, Connect with other AirBnB hosts within your region

  • Is your spot a good fit for AirBnB? Ask yourself if there are hotels nearby, Search AirDNA for reports about your area, Use sites like Expedia and Priceline for research, Consider multiple travel trends of the area (outside of tourists)

  • How to stay on top of AirBnB trends? Listen to Jasper’s podcast, Use Google Alerts, Join Facebook Groups

Tweet This:

“If the pictures aren’t great, people just won’t book.” — @GetPaidForUrPad #AirBNB “It’s not just the big cities doing well on AirBnB, it’s business travelers and people visiting families” – @GetPaidForUrPad “People choose AirBnB to have a local experience; the host is the perfect person to help deliver this experience” – @GetPaidForUrPad

Resources and Links Mentioned

AirBnB AirDNA Expedia Priceline

Favorite Destination: Brazil

Favorite Place to Eat: Thailand, a dish called Phat si-io (Pad See Ew)

http://www.thaitable.com/thai/recipe/pad-see-ew

Connect with Jasper

Website: www.getpaidforyourpad.com

Podcast: https://getpaidforyourpad.com/podcast-2/

Twitter: GetPaidForUrPad Facebook: www.facebook.com/getpaidforyourpad Email: jasper@getpaidforyourpad.com

Recent Posts

Leave a Comment

APARTMENT INVESTING MASTERMIND

Whether you’re a savvy investor or just starting out, our Mastermind Membership provides you with the platform to connect with potential investors and raise capital for your deals.