Rob Abasolo (Robuilt) is known for his tiny houses. Not the house he lives in, but the houses he rents out on Airbnb. But how did he build a shortterm rental empire, so quickly with no prior construction, hospitality, or real estate experience?

Rob and his wife moved from Kansas City to Los Angeles, trading a $1,100 mortgage on a house for a $1,800 rent bill on a small apartment. Around this time, Rob started hearing about Airbnb and shortterm rental hosting. So, he decided to buy a house, keep his apartment, and try his hand at some Airbnb arbitrage. It worked, and thus the shortterm rental revenue model was proven!

Rob then started to Airbnb out the apartment attached to his new home. He was pulling in some solid income, anywhere from $2,000 to $3,000 a month. So what did he do next? He built a “tiny house” in his backyard for around $72,000 and began renting it out for up to $4,000 a month on Airbnb. That’s when Rob thought “what if I built ten of these?”

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Check Out Rob’s “Harebnb” in Joshua Tree:
https://www.airbnb.com/h/harebnb
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Rental Arbitrage: The Secret to Making a Fortune on Airbnb Without Owning Property:
https://www.biggerpockets.com/blog/ai...
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Episode 492

Show notes at: https://www.biggerpockets.com/show492

0:00 Intro
2:00 Quick Tip
3:12 Accidently Robuilding a Business Model
7:46 The Cashflow Model of Airbnb Arbitrage
13:14 Building and Renting a Backyard Tiny House
19:45 ShortTerm Rental Regulations
26:07 Rob's Joshua Tree "Harebnb"
33:16 Deal Deep Dive
39:47 A Glamping House Hack
51:50 Rob's Current Portfolio (and Future Plans)
53:05 Famous Four