Welcome back to another episode of The Richer Geek Podcast. Today, we are joined by Daanish Azim, who built a $60K/month Airbnb business without owning a single property. He lost everything in 2022, took a chance on one rental unit, and turned it into a small empire. Now he teaches others how to do the same through Airbnb arbitrage.

In this episode, we chat about…

• What Airbnb arbitrage is and how it works

• Why getting property owners' permission matters

• How to check city rules and avoid issues with regulations

• Funding the business using 0% business credit cards

• What today's Airbnb market requires: staging, photos, pricing, and systems

• Why some people need coaching and others don't

Key Takeaways:

1. You don't need to own real estate to start an Airbnb business

2. Local rules matter, always check city regulations and HOAs

3. Most units need proper staging and pro-level photos to stand out

4. You can fund furniture using 0% business credit cards instead of cash

5. Owners want three things: rent on time, low stress, and legal use

6. Many beginners fail not from lack of information but lack of guidance

7. Focusing on one business for at least a year builds real results

Resources from Daanish

Instagram | BNB Cashflow

Resources from Mike and Nichole

Check out our latest project here: Barcelona Hotel Fund

LinkedIn | Gateway Private Equity Group | Nic's guide