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Episode 37: Kem & Anne make $8k/month and bought their dream home using Airbnb!
Description
Kem and Anne turned their Indianapolis duplex into $7,500-$8,000 monthly cash flow in five months through Airbnb - enough to buy a 5,000-square-foot dream home. They started in May, converting one side of a $750/month rental to a $149/night Airbnb, then scaled to five units by using family furniture, consignment shops, and painting themselves. Their largest property sleeps 30, they stock everything from baby products to breakfast items for under $10 per visit, and they attribute success to greeting guests in person and obsessing over reviews.
The hosts walk through their unit-by-unit pricing strategy, why they finally moved out to maximize revenue, and how smart pricing works for them. They discuss Booking.com's instant-book pitfalls, the value of corporate rentals over constant turnover, and why they'd rather acquire properties than manage others' Airbnbs for 20%. Anne explains the $8.99 Menards sheets that guests ask to buy, and Kem pitches her next move: a 20-unit downtown Indianapolis hotel to Airbnb.
Work with us. Interested in professional management or consulting?
Myka — Sharebnb: www.sharebnb.com
Steve — Argest Rentals: www.ArgestRentals.com
Sign up for PadSplit with Steve's link and get a free 1-on-1 PadSplit strategy call with Stevie Stacks: padsplit.com/hosts
Myka's other podcast, Entrepremarriage — building wealth without losing the marriage: youtube.com/@Entrepremarriage
All our links: linktr.ee/liveletthrive
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