How we made £8 Million on Airbnb (At 23 Years-old)

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On this episode we went to visit Aiden and Michael from Trapasso properties. They've managed to generate £8 Million turnover from their Air bnb property business at just 23 years old.

Rent to rent has been a trending business model for property entrepreneurs for quite a few years but we have never seen a portfolio to this size. In this episode they reveal the unique strategies they use to get ahead of the market.

We find out:

How to start air an Airbnb or Rent to Rent business - How to start a business with no money and the secret success tips to scaling your business.

Timestamps:
00:00 Intro
00:28 Meet 23 year olds with a million pound Airbnb business
01:24 Background and childhood
04:16 How they launched their property business
05:09 How they started their business with no money
07:14 How the business model works and how much money they make
10:11 How they find a location and software they use
12:05 The key feature they look for when choosing a property
14:23 Arrival property and how they secured it
16:05 How to get your first property deal and sales tactic the use
20:48 Property tour and how much they make on this property
24:05 Typical costs in the business and how they automate
31:06 Rooftop tour and how they outsource the whole business
33:45 The secret sauce to their success.
37:50 Outro


There are some real gems in this one, it's a must watch!!

All monetary numbers in the video are turnover and do not represent actual profits of the businesses involved.

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