Co Founder
I went from being a 7-figure investment banker to building a 7-figure short-term rental business.
It's been a crazy journey, but my wife and I have been able to:
💰 Build a highly profitable 7-figure rental arbitrage portfolio
🏠 $7M+ in real estate
👔 Quit 9-5 jobs
👨👩👧 Be present everyday with our daughter
🤝 Financially support our parents
This is our journey:
After a decade in finance, I realized I didn’t want to end up becoming my boss. He never had time for family since he worked all the time and traveled constantly.
I wanted to be a present husband. I wanted to be a present father. This wasn’t the path for me.
Luck is a combination of good timing and hard work. This is how I started with Airbnb…
My wife and I were both working but wanted to build a side business. A small New York apartment at $2,200 a month was our first arbitrage unit.
We were shocked how much 💰 we were making with just 1 apartment and expanded quickly. Liz quit to focus on the Airbnb business. Everything was going great until…
COVID hit in March 2020. By March 21st, every single reservation we had canceled. We were in big trouble. The world was on lockdown and we didn’t know when travel would come back, if ever…
We looked at the data and made the very painful decision to exit our New York and New Jersey properties.
We kept our Philadelphia portfolio since it was recovering the fastest. We doubled down on growing the arbitrage business and started buying vacation rental properties in Tennessee.
Today, we have 20 rental arbitrage apartments and own 6 Airbnb properties. We will continue to grow our arbitrage portfolio in order to buy more Airbnbs in 2023.