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Special Report

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“...Ninety percent of all millionaires become so
through real estate. More money has been made
in real estate than in all industrial investments
combined...”

Andrew Carnegie
Billionaire industrialist

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“...Real estate is not only the best way, the
quickest way, the safest way, but the only way to
become wealthy...”

Marshall Field
Entrepreneur

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“...Real estate cannot be lost or stolen, nor can it be
carried away. It is about the safest investment in the
world...”

Franklin D. Roosevelt
32nd U.S. President

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“...Real estate investing, even on a very small scale,
remains a tried and true means of building an
individual’s cash flow and wealth...”

Robert Kiyosaki
Author of Rich Dad Poor Dad

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Introduction
It’s common knowledge that owning real estate has been a path
to wealth for many.

Just a quick look at the Forbes list of the richest people in

America will reveal real estate has been a big part of their
strategy.

But what if you didn’t have to OWN real estate to become

wealthy?

Have you noticed the shift in the new economy?

Many of the worlds largest companies don’t own anything.

For example…

FACEBOOK
Creates no content, but is worth $475 billion
UBER
Owns no taxis, but is worth $72 billion
AMAZON
Makes no products, but is worth $1 trillion

And the newcomer that’s disrupting the real estate market as we

know it is called…

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They don’t own properties but are currently worth $30 billion
(and growing fast).

Welcome to the sharing economy.

Buckle up.

What you’re about to discover has the potential to make you

financially independent in months (not years).

Brian Page
Creator of The BNB Formula
2019

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What You Will Learn
I’m going to show you a proven system
that allows you to rent properties
list them on Airbnb
automate nearly everything so you can
earn six figures (or more) working part-time

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“Airbnb is an economic revolution that is
quietly turning millions of people into part-time
entrepreneurs”

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How I Earned $301,683 My
First Year on Airbnb
This is where it all started...

In my spare bedroom.

I was renting a little two bedroom apartment and my roommate

unexpectedly moved out leaving me responsible for the entire rent
payment (which I couldn’t afford).

And as you can see, this room is nothing fancy.

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I put a little fridge in there and made it look like a hotel room.

My goal was to simply make up for the portion of rent my ex-

roommate left me with.

That’s not what happened.

I ended up making enough on this little spare bedroom to pay my

entire rent and all utilities!

I basically was living for free.

All the money I’d made in my job, was being deposited in my

savings account.

It was an amazing experience.

And as I sat there each night, all this money coming in from
Airbnb, I was thinking, “what can I do to expand?”

I can’t exactly give up my own bedroom.

So I decided to go look for a rental unit.

I walked my neighborhood hoping to find something close by.

A few blocks away I found a little one bedroom apartment.

It was located in the back of a lady’s house complete with separate

entrance.

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She had a little sign in her front yard.

So I approached her as she was raking leaves in her lawn.

I said, “Hey, I want to rent your place, but I don’t want to live in
it. I’d like to have guests come to stay here short term. Are you
okay with that?”

She said, “I’ll think about it.”

She got back to me the following day.

She said, “Let’s go for it Brian. I’ll do this with you.”

So I signed a lease for $1,800 a month.

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Now that might be considered a lot where you live.

Don’t be fixed on how much a rental is. This can work for a $800
unit or a $10,000 unit.

This one was $1,800 and my utilities were on average $300 a

month.

So $2,100 is what it cost for this little apartment.

You can see this screenshot from my Airbnb account that I had no
transactions in October.

It’s because I didn’t have it listed on Airbnb until November.

In November I brought in $3,716 in the month.

Here’s another screenshot from my Airbnb account below...

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Every green transaction is money going into my bank account and
a black transaction is where I gave a discount or a refund.

So you can see my total revenue for the month of November was
$3,716.

Remember my total expenses for this property were $2,100.

So that first month I made $1,616 profit.

(I added my expenses and profit in the screenshot above)

In addition, I was still making money from my little spare

bedroom.

Isn’t that awesome?

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The next month I brought in $3,851, which means I made $1,751
in December.

The following year, from January to December, that little one

bedroom close to my apartment brought in $45,755.00.

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My expenses totaled $25,200 for rent, utilities and everything else.

I made $20,555 profit.

Think about that for a minute. I made over $20,000 on a little

one bedroom a couple blocks from where I lived.

How would your life change just by having one listing (that you
don’t own) on Airbnb?

Especially when you don’t need to put down a 20% deposit to

purchase it.

That deal changed everything for me.

So I did what any red-blooded American entrepreneur would do.

I went out and found another rental.

This one was a little studio apartment.

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I approached the owner. She had been trying to rent it for
months.

She was asking $2,000 a month.

The only thing that wasn’t included was Netflix.

But it was furnished!

The owner was thrilled with the idea of renting it to me because

she couldn’t get anyone to rent it.

A $2,000 studio is expensive.

But I knew it would be worth a lot more on Airbnb.

So I signed a lease and listed it on Airbnb.

The first month, wasn’t super awesome.

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I made just $86 profit in January.

But look what happened the next month in February…

This property earned $4,524. My expenses were $2,011 which

means I made $2,513 in profit.

And get this, it was all done with one reservation.

I gave my guest a discount for booking the entire month.

Now, why would someone pay that kind of money to stay for an
entire month in a property?

Because this guest was looking to move to town and the cost of
staying in a hotel would have been even more.

She wanted to “live in the neighborhood,” get to know the area

before she moved and didn’t want to pay hotel prices.

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I gave her a $2,000 discount and still made $2,513.00 hosting one
guest during my second month of having this listing.

I was happy.

So check out the next month in March...

I made $2,810 profit in March.

Then in April…

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I made $4,546.

Think about that for a second.

Four and a half thousand dollars profit on a unit that I didn’t

own, and was already furnished.

I listed the property on Airbnb (with permission) before I even

had keys to the property.

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So I was able to start booking immediately which allowed me to
be profitable before my first rent payment was due.

Key point: I started getting bookings before I had the keys to the property.

For the year I brought in $55,950 on this rental.

My total expenses were about $24,000, so I made $31,818 for the

year on this one little unit.

So I just kept going!

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Next, I leased this one bedroom guest house for $1,900 a month...

Expenses were $2,200 and I made $685 the first month.

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The next month I brought in $1,899 in profit.

The following month I made $2,069.

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So I went out and leased my first two-bedroom rental.
It was a big step for me.

I had the track record of leasing a one-bedrooms, but would it

work with a two-bedroom?

There were no two-bedroom rentals in my neighborhood so I

hopped in my car to start looking.

I found a two-bedroom rental in a marginal side of town. You can

see the basic commercial grade carpet, very cheap cabinets, ugly
wallpaper.

It just was old. Nothing fancy about this apartment.

But it was cheap.

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The owner was asking $1,300 a month for this two-bedroom with
a sleeper sofa.

So I could sleep up to six people in this unit.

Utilities were $300 so total expenses on this unit were $1,600.

Now, this unit was not 100% furnished, but I didn’t care.

I had already created a large cash flow from listing one-bedroom

furnished units on Airbnb so I was ready for a new challenge.

I knew I could furnish it on the cheap using CraigsList.

The first month was not so awesome because I went negative

-$245.

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That’s okay. I was just looking to break even.

Look what happened the next month in May...

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$2,356 in profit.

So I had all of the money back in my pocket from furnishing the

unit.

Everything from here on out was profit for me.

So now I’m truly profitable in June.

That unit made me $1,482. So I just kept going!

I went looking for another rental.

I found another one-bedroom. Only this was a condo. A nice little

place.

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The owner was only asking $1,200 a month.

The first month it brought in $2,479.00

I made $1,004 in profit.

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Then in June
I brought in $3,730 profit.

Then in July...

I brought in $3,298.

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I just kept going and going!

I don’t want to bore you to tears with more screenshots from my

Airbnb account, but you get the idea, right?

During my first six months doing this I earned a total of

$117,864.00

You can see proof here...

And for the entire year I earned $242,418.00

But remember, I told you I made $301,683 my first year, right?

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Don’t forget I had my original spare bedroom that started this
whole Airbnb thing using my original Airbnb account.

I eventually moved out and listed the entire apartment on Airbnb.

I earned $59,265.00 from that rental that year.

A screenshot of my first Airbnb account is on the next page.

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So in summary, I earned $301,683 my first year listing rentals I
didn’t own on Airbnb. ($242,418 + $59,265)

I quit my job after the fourth Airbnb listing because I was making
more from Airbnb than my job...and it was so much more fun.

Plus I didn’t have to wear a suit and tie.

I average between $1,230 and $3,100 profit per month on each

property.

And I work less than two hours a day managing everything.

I know this sounds crazy, but it’s true. It’s exactly what happened.

And remember, I did this with bad credit, very little cash,
foreclosures on my credit reports, and I never had to buy property.

So are you ready to get your first listing on Airbnb yet?

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The Airbnb Difference
Airbnb is now the largest provider of accommodations in the
world.

Airbnb has become bigger than any hotel chain.

Just look at these impressive stats...

• Airbnb operates at 191 countries

• Over 5 million listings worldwide
• Listings in 81,000 cities
• Over 400 million guest arrivals to date
• Over 2 million staying in an Airbnb every night

To say Airbnb is a phenomenon would be an understatement.

And it’s growth is showing no signs of slowing down.

Airbnb has 1.4 million new customers signing up every week

to use their service.

The best kept secret

But the best thing about Airbnb is never mentioned in the media.

It cannot be found on Airbnb’s website or on their blog.

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And it’s never really mentioned by Airbnb hosts.

Here’s the secret…

Airbnb doesn’t care who owns the property.

Which means you can become a financially independent real

estate investor without owning any real estate.

You can simply rent property, list it on Airbnb, and experience a

stream of cash flow.

Or as one of my successful students in New Jersey says,

“Experience a flood of cash flow…”

Let that sink in for a moment.

This means it’s entirely feasible to become an Airbnb millionaire.

In fact, there are 75 people that have already done it according to

Forbes magazine…

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36
How Does Airbnb Help
Me Make Money?
Airbnb allows anybody to host paying guests in a spare bedroom
or entire property for a nightly rate, just like a hotel, regardless of
who owns that property.

• Airbnb handles your customer credit card payments

• ID verification
• Scheduling
• They even insure your property up to $1,000,000 in the rare
event of guest damages.

All that for just 3% of the rental fee. You keep 97% of the money.

• They pay you every single day after a guest checks in

• You don’t have to take credit cards or cash

• You don’t have to screen guests

• You don’t have to find guests

• You don’t even need to advertise

All of that is done for you by Airbnb.

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What Makes This
Opportunity So Powerful?
I’m going to break this Airbnb business down for you in detail.

Let’s take a typical rental you would see in any city in the United
States. In this example, I’m using Atlanta, Georgia.

In the United States, the median rent for a one bedroom

apartment is currently $1,234.*

This rental is $1,200 a month and this is owned by Mr. Owner.

He’s looking for a long-term tenant to live in it 30 days a month.
Well, really he’s looking for somebody to live in it for 365 days a
year.
But that breaks down into roughly 30-day chunks. Follow me so far?
So he’s charging $1,200 a month or $40 a day.
* Source: Huffingtonpost.com

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Rent)
30 days
Mortgage)
x $40 a day
Utilities)

$1,200

$1,200
A month Rent
A month Profit
or $14,400 per year)
We don’t normally think of renting in terms of how much do we
pay per day...but it’s good to use this for comparison.

nal You’ll see in just a minute.

al BNB
So it costs a long-term tenant costs $40 a day to live there.

Let’s assume his mortgage payment is $900 which includes taxes

0 Vs $1,200
and insurance.

He’s going to make $300 in profit every month if he gets a tenant.

MonthlyPretty
Profit straightforward, right?

$2,600(Rent)
Traditional$1,200(Rent)
Breakeven $300 - $1,200(Mortg
-$ 900(Mortgage)
Monthly - $200(Utilitie
,000 purchase Profit

$40,000
Equals
133 months
$40,000 = (or 11 years) $
down $300
to breakeven
Cashflow A mon
39 (or $14
20 days
x $130 a day
That’s how a traditional real estate investor makes money
with rentals.

Purchase a property. Fix it up. Lease it to one tenant. Make a

little profit each month.

Now, what if instead of one tenant long-term, he rented that place

to somebody like me, someone who understands the power of
Airbnb?

I get permission to lease his property and instead of living in it

myself, I list it on Airbnb.

I’m going to turn it into a listing and I’m going to charge $130$2,600(Rent)
a
$1,200(Rent)
night.
-$ 900(Mortgage)
$300 - $1,200(Mortga
Monthly - $200(Utilities
Why $130 a night? Profit

Because the cost of an average daily hotel room rate in the United
States is $133.*
$1
Let’s say I only book guests 20 days each month. $130 x 20 days a
month equals $2,600 a month. A mont
(or $14,4
20 days
x $130 a day

Traditional
$2,600 Rental

$300
A month from Airbnb
* Source: statista.com.

Mon
40

T
 So what is my profit on this deal?

We take away the $1,200 in rent that I pay the owner. And $200
in utilities.

We take both of those away and we have $1,200 profit in our

pocket each month or $14,400 a year.

But someone must clean the property, right?

$2,600(Rent)
30 days
e)
$300 - $1,200(Mortgage)
x $40 a day
Monthly - $200(Utilities)
Profit
$1,200

$1,200
A month Rent
A month Profit
(or $14,400 per year)

Yes, but the cleaning fee is an additional fee that is charged to

the guest at theTraditional
time of booking. It’s not an expense out of your
,600 pocket. Rental BNB

And that is the difference between the old way versus the new
way. $300 Vs $1,200
from Airbnb
The old way in this example is renting out to one tenant and
make $300 a month. Monthly Profit

Traditional Breakeven
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$200,000 purchase
 A month Profit
(or $14,400 per year) $1,20

A month P
(or $14,400
Traditional
20 days
Rental
x $130 a day BNB
Traditional
$2,600 Rental
$300 Vs $1,200
Airbnb
$300 Vs
AMonthly Profit
month from Airbnb

Monthly
Traditional Breakeven
The new way is turning this unit into a BNB and make $1,200 a
month.
$200,000 purchase Trad

%
$200,000 purc
$40,000
Equals

400%
133 months
$40,000 =
ble down $300 (or 11 years)
20% to breakeven $
More Profitable Cashflow
20%

That’s 400% more profitable.

eakdown
BNB
And this is a very conservative Breakdown
example. You could book more
than 20 days a month. And you could test increasing your price.
,200 (Deposit) 1 Month$0 down
= $1,200 (Deposit)
I personally
1,200 (Profit) averaged
$0
between $1,230 = per 1 Month
and $3,100 net profit
month on each of my Airbnb listings. $1,200 (Profit)

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$3,600
a month
 So you can actually make more. A lot more.
$2,600(Rent)
30 days
300 - $1,200(Mortgage)
So how quickly would a traditional
x $40 a estate
real day investor reach
Monthly $200(Utilities)
- breakeven?
rofit
$1,200
I always like to know how quickly I get my money back.

do,2a00
So I’m going to$1 quick break-even comparison between the old
way versus the new way. A month Rent
A month Profit
(or $14,400 per year)
Let’s assume Mr. Owner already purchased this property for
$200,000.

Traditional
If you’re not living in the property it’s considered an investment
Rental
property by mortgage lenders soBNByou have to come up with 20% to
30% down depending on the area.
$300 Vs
nb 20% down is considered normal for an 0area not labeled a high-
$1,20

cost area.
Monthly Profit
So he came up with $40,000 cash to get into this property.

Traditional Breakeven
$200,000 purchase

$40,000
Equals
133 months
$40,000 = (or 11 years)
20% down $300
to breakeven
Cashflow

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down
 Traditional
$2,600 Rental B

That doesn’t include any closing costs or home improvements.

$300 Vs
A month from Airbnb
It will take Mr. Owner 133 months (11 years) to get his money
back or reach break-even.
Monthly Profit
Using the new way of investing in real estate I’m not
purchasing the property. Traditional
I don’t need a $40,000 down payment. $200,000 purchase

400%
I do have to come up with a deposit...but that is usually just the
first month’s rent. Equals
$40,000
More Profitable down
I’ll get my deposit back in 30 days. 20%

So it only takes me 30 days to break even (assuming it’s

furnished).

BNB Breakdown

$0 down $1,200 (Deposit) 1 Month

$0 =
$1,200 (Profit)

If the rental isn’t furnished you can easily furnish it on the cheap
using CraigsList. Or if you prefer, use a credit card to purchase
items at a furniture store.
$
am
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400% $1,200
more a month
profitable
Regardless, you still should break-even in 30 to 60 days.

The new way to invest in real estate is 400 times more profitable
and 133 times faster to breakeven.

400% $
more a
profitable
133x Faster
to breakeven

Some owners may ask for a deposit and first month’s rent.
So in this example you’ll need $2,400 to get into the property.
Since we’re earning $2,600 you still cashflow your first month.
Then every month thereafter, you put $1,200 in your pocket.

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 Monthly Profit

THE KEY TO AIRBNB

Traditional Breakeven

SUCCESS IS…
$200,000 purchase

$40,000
Equals
133 months
$40,000
M20%
ULTIP Ldown
E L T I N=Gto(or
I S$300 11 years)
Sbreakeven
Cashflow
Now imagine your first listing makes $1,200 a month.

Why would you do just one property?

own Remember that Forbes article, talking about multiple listings?

Deposit) So go get another listing!

= 1 Month
(Profit)
Now you’re making $2,400 a month.

$3,600
a month

$2,400
a month

$1,200
a month
Faster
eakeven

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Then a couple months later get another one.

Now you’re bringing $3,600 a month.

And you keep adding listings until you have 7 listings.

Why 7 listings?

Seven listings equal $8,400 a month or $100,800 per year.

x =

$8,400 a month 12 Months $100,800 a year

(7 rentals)

And you’re just getting started.

This is the exact method that I used to earn $$301,318 my first

year at Airbnb ($117,000 in the first six months alone).

And just to be clear. I earned six figures with just 5 listings.

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But Will Airbnb Work In
My City?
By far the most asked question I hear every week is “will
Airbnb work in my city?”

The question usually comes from older people who grew up in the
Holiday Inn era. They’ve been trained that when you’re out of town
and need to stay overnight...you book a hotel room.

The truth is if you have a hotel in your area you can have a profitable Airbnb.

One of my students said it best…

“...We live in a small town of 100,000 people. You just gotta take
one hotel room away from one of those hotels, and you’ve got a
profitable Airbnb…”

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Do You Need To Be Located
In A Tourist Area?
Many people think that to have a successful Airbnb you must be
located in a tourist area.

That’s just not true.

As you just learned, if you have a hotel in your city you have
people needing to stay overnight. And many of those people are
now looking for an Airbnb.

Airbnb itself started by offering rooms located near convention

centers that were priced cheaper than hotels.

There are at least 48 different types of profitable Airbnb locations.

Airbnb listings near convention centers and hotels are just two of
them.

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 8 Big Takeaways
1. If you have ever rented an apartment you already
know over half of what’s required to make this
work for you

2. You don’t need to own property to earn six figures...

you can rent!

3. You earn a lot more with Airbnb than leasing to a

single long-term tenant.

4. You can break even (or more likely become

profitable) during the first 30 to 60 days compared
to waiting years using the traditional method.

5. You can get started with as little as a deposit and

one month’s rent.

6. You can be profitable before your first rent payment

is due.

7. With multiple listings, you can quickly become an

Airbnb millionaire.

8. You can do this with low credit scores, little cash,

and even foreclosures on your credit reports.

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YOU’RE INVITED TO…

Attend A Free Presentation

and Discover More Details
on How To Earn Six Figures
on Airbnb
There is an art and a science to building an Airbnb empire.

Learning what does not work is just as valuable as learning what

does.

There’s a formula for success that’s worked not just for me, but for
my nearly 6,000 students around the world.

So my questions to you are...

What if you could create your own Airbnb business without having to own any
property?

And you could start right now no matter what your level of experience?

How confident would you be if I walked you through every single step of the
process?

If you’re interested I’m going to show you how to build your

Airbnb business from start to finish and when we’re done you’re
going to have your very first profitable listing on Airbnb.

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So if you’re…

Tired of relying on income from a j.o.b.

Want your first listing fast with a lot less effort

Want to learn the skill of creating semi-passive cash flow from

multiple Airbnb listings without the need to own a single
property…

You’re invited to attend my free 90-minute presentation to learn

all the details. Go here to register…

Register Here!

www.theMentorPodcast.com/BNBWebinar

52
AUTHOR BIO
Brian Page rode the real estate bubble up
in the early 2000’s. And like most real
estate investors who owned property in
2008 when the real estate market crashed...
Brian crashed.

He found himself broke, his credit ruined,

and all his properties in foreclosure.

He was determined to rebuild a business in

real estate. But he no longer wanted to assume the risk.

And even if he wanted to purchase property again, his credit was

ruined, and it would be 7 years before lenders would give him a
second chance after so many foreclosures.

So he decided since he was starting over he might as well start his

dream business. Which was to…

• Avoid loans, mortgages or debt of any kind

• No employees, office, or huge start-up costs
• Must have consistent daily cash flow
• Didn’t require trading time for money
• Must be fully mobile

He had no idea what this business would be at the time.

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But he knew what he wanted.

Soon after his epiphany, his roommate left their shared apartment
without notice.

Leaving Brian responsible for paying the entire rent on his own
(which he couldn’t afford).

That’s when he decided to list his spare bedroom on Airbnb.

His original thought was to just earn enough to cover his ex-
roommates portion of the rent.

But that’s not what happened.

Instead, Airbnb took his financial misfortune and turned it into

a multiple six figure a year business working part-time without
owning any property.

Brian now teaches nearly 6,000 students in 32 countries around

the world how to replicate his success.

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WHAT YOU LEARNED
You’ve been shown a proven system
that uses rented properties
lists them on Airbnb
then automates nearly everything
so you can earn six figures working part-time

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56
Copyright 2019 Thought Axis, Inc.

All rights reserved. This book or any portion thereof may not be reproduced or used in
any manner whatsoever without the express written permission of the publisher except
for the use of brief quotations in a book review.

Printed in the United States of America

First Printing, January 2019

ISBN 0-9000000-0-0

www.bnbformula.com

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