How 1 Airbnb Outperforms 40 Rentals (Beginners Guide)

Want to learn how to set up your first $2,500/mo cashflow Airbnb? Go here:

If you're new here, I'm Preston Seo. At 28, I became financially free, and now I own real estate worth over $12,000,000 across 4 states. But it wasn't always like this...

My story…

- I grew up in an immigrant family. We had enough to get by, but there wasn't much extra.
- At 19, not sure what to do with my life, I served a church mission in South Korea for 2 years.
- At 22, still unsure about my career, I eventually ended up as a door-to-door salesman selling pest control.
- At 24, I got a corporate sales job and got married. Every day was the same: work, eat, sleep, repeat.
- My wife Bridget had it worse. She worked a stressful job as a respiratory therapist, where one mistake could mean life or death.
- I didn't like the future I saw for us. That's what pushed me to learn about real estate.
- We couldn't even afford our own house and had to live in my parents' basement. (Let's just say Bridget wasn't exactly thrilled about our living situation)
- At 26, we started our real estate journey by househacking. We bought a 4-unit property with a loan, lived in one unit, and rented out the rest.
- Over the next few years, I tried all kinds of real estate strategies like BRRRR, assisted living facilities, wholesaling, and fix-and-flip.
- But after investing over $X million, I was only making $6,000/mo from 40+ long-term rental units. Since I have a 50/50 partnership, my cut was just half of that.
- When Covid hit, Bridget had to work while pregnant with our first son. That was the final straw…
- I started looking for ways to make more money from real estate so we could replace the income from our jobs.
- Came across Airbnb Arbitrage and decided to give it a shot…
- From September 2018 to December 2021, it took me over 3 years and $1,400,000 to build a cash flow of $6,000/month...
- With Airbnbs, from January 2022 to July 2022, I went from $0 to $18K per month.
- I 4X-ed my THIRTY-NINE months of real estate success in just 7 months. That’s when I shifted my focus to Airbnbs.

Fast forward to today...

- At 32, my Airbnb portfolio makes me over $35,000/mo in cashflow
- We're out of that basement. We have no jobs holding us back, and are now stay-at-home parents to our 2 sons :)
- Recently, we even bought an X-acre piece of land with mountain views to build our dream house from the ground up!

These things are priceless. And I believe every person should be able to experience this in their life as early as possible…

Through this channel, I’m trying to do my part in sharing what I’ve learned.

[MarkSwi]

Sharing those interview questions screens is pure credibility. Kudos!

[mikeflynn]

Absolutely fantastic. You post so much information on YouTube that should be paid for. God bless 🙏

[cak]

I’ve been sharing these with my son! He is 17!

[snacorda]

Thanks for breaking it down for us! Your real life experiences and examples are what we need. 🙏🏽

[marissacydya]

This was great! Thank you for sharing. I'm currently in the acquisition phase for my first STR and will definitely check out your other classes and videos.

[cmr]

❤️ Bro Your Points on Key to Negotiation.
Trust me are the best.

It really does help. And are on point practical.

Thanks for this wonderful video of today.
I dont regret subscribing you. 💪
Keep it up.

[antoniomoreno]

Just bought the roadmap hopefully everything you've taught helps in a big way, appreciate it

[FeverStreetMedia]

Love it. Thank you for the BCS insights and launch process!

[malakfinancialcoach]

This was really eye-opening! Excited to start my own Airbnb business soon

[KreativMusic]

Quite interesting, you have gotten me into looking at the Airbnb business, I’ve been getting your emails for awhile and they are quite informative

[darkokomnenovic]

I watched some live stream you did last year and I need to say that you got me very interested. When I finish my studies I’m definitely going to give this a shot 💯

[dongosselin]

Love that you share your successful strategies with others

[stevedaniel]

Looking forward to learning more from you. Love these videos. They have been so informative.

[yaelfuerst]

Always so informative, love your content!

[SuiteDreaming]

Great info. I need to expand my business!

[jeanettebrown]

Very interested in learning more about this opportunity

[mxba-killas]

Looking forward to learn more about the project 🙏 God Blessed

[casandrawheeler-bdsp]

I would actually love if you shared incidents that have happened and you were able to take care of virtually. Was there a time your virtual assistants weren't reliable? Did a bed break when a guest checked in? A toilet flooded? I would love a peek into this because it all sounds too good to be true!!

[EquineMotorcoach]

The more I see of what you do the more I am wanting to be involved...commenting via work channel...Ben

[jessieflores]

Thank you for the knowledge. Looking forward to putting this to work