10XBNB Review

The real estate industry is always lucrative and the Airbnb opens even more avenues for making money in this industry. Lots of property owners already make good money from Airbnb and it only seems to benefit only people who have properties.

But what if you can make lots of money using other people’s properties? This is what 10xBnB is all about. The company has a strategy called bed flipping and they teach you how to use this strategy to make money. 

But… before you read what I have to say about 10XBNB, imagine if you could rent out DIGITAL properties. I’m talking about renting out properties that exist ONLINE only (not in the physical world). You may not know this, but properties like this can get you much higher rent, and there are, no property taxes, no repair costs, no homeowners insurance, and the profits can be MUCH greater: Digital Real Estate Video Here.

Here’s a video of my daughter’s business using this :

Click Here to Get The Course My Daughter Used.

The course my daughter used above is much better than the 10XBNB course. But since you are here to learn about 10XBNB, lets get back to our review of that:

They claim they can help you break into the Airbnb business in 3 steps. If you are one of the people who is intrigued by this claim and is interested in knowing if this claim is true? This article is for you. In the subsequent paragraphs, we will explore the content of this program and see if the strategies work.

Who are the Creators Behind 10XBNB?

The company was founded by 2 people; Ari Rahmanian and Shaun Ghavami. These men have with experience in Airbnb hosting, starting businesses, and investing in real estate. The two have a combined real estate portfolio of over 100 million. 

They got the idea to start the business after Shaun listed his spare room on Airbnb and realized how easy it was to make some passive income. They decided to start a business but they had one problem; there was no capital. 

This is what prompted them to start with an idea called the ‘co-listing’ system. This helped them to break into the Airbnb market with no money at no risk. 

They later founded a company called Iconic Retreats to manage short-term rentals for premium real estate properties. The location became one of the popular movie sets in Canada and was even dubbed “Hollywood of the North”. 

After serving over 3000 guests, earning the title of superhosts, and making over $5 million in revenue, Ari and Shaun decided that it was time to share their knowledge with the rest of the world. This birthed the 10XBNB program. 

What is 10XBNB?

This is a Mastermind designed to help you break into the Airbnb market through 3 steps. The three steps have been explained below. 

Co-listing

This process is not entirely new but 10XBNB has put a spin on it to make it work for you and they claim they will teach you how to do it in the program. With this process, you will find other people’s properties and list them for 20% to 30% commission from the booking fee. 

According to the creators, they will teach you how to attract landlords who will want you to list properties for them. 

Rental Arbitrage

This process involves you renting a property and listing it on Airbnb. This may sound risky but the creators vow that they have strategies to help you make your initial investment and some profit. 

Property Acquisition

This step brings in the most money but it is also accompanied but great risk. This is for people who want to purchase properties for Airbnb purposes. The program makes use of Shaun’s past experience as a successful Wall Street finance guy to help you predict how much a particular property can generate. 

The Mastermind will teach you how to get approval for loans to finance the purchase of the property. 

How Does The Mastermind Work?

When you register for the program, you will get access to step-by-step guides to help you generate passive income. The modules are self-paced so you can learn in your free time. You will also get access to coaching calls and a private Facebook page. 

You will get support on getting the right mindset for the business and setting up business requirements such as bank accounts, credit cards, professional emails, Google listings, and business insurance. 

You will also get the framework for carving out a niche for your business, dealing with competition, dealing with seasonality, and scaling your business. You will also receive support on how to price your products. 

The Mastermind also guides you to automate your business so that you don’t spend all your time working on it. You will also learn how to bring your listings to the first page on the Airbnb platform and generally provide a good experience for your guests.

Access to resources will depend on the package you choose.  There are three packages; Basic, Diamond, and VIP. 

The basic package is for people who already have experience as Airbnb hosts and want to learn more. This is a Do-it-Yourself option where they give you all the modules, tickets to live events, and access to their private Facebook group. 

The VIP Package is a Done-with-You option that gives you access to everything in the Basic package along with experts’ support. Thus, these experts are always ready to answer questions and guide you to ensure a smooth process. 

The last package is the Diamond package and it is completely Done-for-You. This is perfect for someone who does not want to get their hands dirty with all the processes of setting up the business. You will get access to everything in the VIP package along with mentorship from certified Airbnb coaches and a Virtual Assistant. 

What is the Cost of the Mastermind?

It’s difficult to state the actual price of the packages due to the numerous upsells. The pricing, however, starts at $500. The standard Basic package costs $7000, the VIP package costs, the VIP costs $15,000, and the Diamond package costs $30,000. But as mentioned earlier, it all depends on the level of support you need. The prices however, are one-time payments. 

Refund Policy

The company does not offer refunds. Thus, all purchases are final once the payment is completed. 

Should You Invest in 10XBNB?

The creators have the experience and there is a lot to know in the program. But the price is steep and you should only consider it if you are ready to work hard.  There are lots of positive reviews on TrustPilot, and even a negative review on Reddit admitted that people made money after joining the program. 

So the bottom line is, you must be willing to work to make your investment count. 

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