The REI Diamonds Show-Real Estate Investment Podcast

REI Diamonds Show with Russell Walker on $45K/Month Positive Cash Flow with Airbnb

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August 24, 2018 10:36am

50m

Russell & I Discuss



  • Going from $35,000/Month negative to $45,000 Positive Cash Flow

  • Airbnb + Fix & Flip Deals=Way More Profit

  • Variable Pricing Resource for Airbnb like Hotel Software

  • How to Select Airbnb Properties that Work Long Term


 


$45,000 Per Month Positive Cash flow in Less than 12 Months


Russell Walker has been in the real estate business since 2008 and has built a high-volume wholesaling, fix & flip, and rental operation.  Then he found a way to get his fix & flip deals (more than 20 at the time “for sale”) to produce cash flow while awaiting a buyer by using Airbnb.  Suddenly, he found himself collecting $45,000 per month AFTER expenses on a portfolio of fix & flip homes that were previously COSTING $35,000 per month.  Additionally, he no longer lowers prices on flips-he’s making so much money while they’re on the market that he doesn’t care if they ever sell!! Ready to check out the details?


 


Relevant Episodes: (There are 113 Content Packed Interviews in Total)



 


Resources Mentioned in the Episode:


www.BestChicagoWholesaleDeals.com


www.BestChicagoREIMeetup.com


www.FundingforRehabs.com