Jorge Contreras, a Real Estate Investor & Coach is passionate about helping people create time, financial, and location freedom with Airbnb and Real Estate Investing. He retired at age 29, became a millionaire by 30, and now earns multiple 6 Figures with his Airbnb Business.
Highlights of the Episode:
Could you share a little bit about your Airbnb process? (22:00)
o Most real estate strategies require trading time for money.
o The only way to create time freedom is to create money while you’re sleeping.
o Nothing has been able to achieve this better than his Airbnb strategy.
o The most popular Airbnb strategy is the Sub-Leasing Model. The process of leasing, getting approval from a property owner, and putting the property on Airbnb.
o Most of his students use this strategy or use the Co-Hosting Model where they manage the Airbnb and get a percentage of the revenue.
What did facing such explosive growth of your business teach you?
o No one had ever run a mile under 4 minutes until Roger Bannister did it, now it has been broken by over 1,400 athletes.
o It was the same concept for Jorge. When he saw people in his coaching growing their business explosively, he believed it was possible.
o Changing his friend group was an important step.
o He was spending $3,000 per month in advertising and was generating $50,000-$60,000 a year in revenue. He realized this was a bottleneck and increased it to $10,000 per month. Then $50,000. To now $150,000 to $170,000 per month. It was all a mindset transformation.
o He also hired an operations manager which allowed him to work on the business and not in the business.
https://www.youtube.com/c/JorgeContrerasyoutube
"Airbnb: Generating Passive Income to Create Time, Financial, and Location Freedom"
https://www.jorgecontrerastraining.com/airbnb-ebook
Public figures mentioned:
Tai Lopez (Film producer)
Michael E. Gerber (American author)
https://www.instagram.com/thejorgecontreras/
- “It’s not just about financial freedom, it’s about intergenerational wealth.”
- “There’s no such thing as problems, just situations.”
- “If you can’t change your friends, change your friends.”
- “The one thing I know for sure, is that I don’t know everything.”
- “Hire for attitude, train for skill.”
- “You can’t fix an internal problem with an external solution.”
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