BNB Formula Review (Updated) by Brian Page
In this BNB Formula Review we pull back the curtains on BNB arbitrage and whether or not Brian Page and this business model is legit.
REAL ESTATE
Course Name: BNB Formula
Instructor: Brian Page
Price: $10,000
Overview
BNB Formula is an online course created by Brian Page, designed to teach individuals how to build and scale a business using short-term rental platforms like Airbnb. The program aims to provide comprehensive training on acquiring, managing, and profiting from rental properties without owning them.
Content and Structure
The BNB Formula course offers a detailed curriculum covering various aspects of building a successful short-term rental business, including:
Market Research: Techniques for identifying profitable markets and analyzing demand for short-term rentals.
Property Acquisition: Strategies for acquiring rental properties through leasing or co-hosting agreements.
Listing Optimization: Guidance on creating high-converting property listings to attract guests and maximize occupancy rates.
Guest Management: Best practices for managing guest communications, check-ins, and overall guest experience.
Pricing Strategies: Methods for setting competitive prices and using dynamic pricing tools to maximize revenue.
Automation and Scaling: Tips for automating daily operations and scaling the business to manage multiple properties efficiently.
Legal and Regulatory Considerations: Information on navigating legal and regulatory issues related to short-term rentals.
The course includes video lessons, live coaching sessions, and access to a private community for support and networking.
Instructor
Brian Page is an experienced entrepreneur with a successful track record in the short-term rental industry. He brings his practical knowledge and insights to the course, aiming to help students navigate the complexities of the BNB market and achieve success.
Price
The course is priced at $10,000, which includes access to all training materials, live sessions, and community support. This investment aims to provide a comprehensive education and support system for building a profitable short-term rental business.
Pros
Comprehensive Curriculum: Covers all critical aspects of starting and scaling a short-term rental business.
Experienced Instructor: Brian Page offers practical insights and strategies based on his successful BNB experience.
Supportive Community: Access to a network of peers and mentors for ongoing support and collaboration.
Actionable Strategies: Emphasis on practical, real-world applications and strategies for short-term rental success.
Cons
High Initial Cost: The upfront cost of $10,000 may be prohibitive for some individuals.
Market Challenges: The BNB market has not returned to its pre-COVID state, making it challenging to achieve the same level of success as before.
Complexity: Managing and scaling a short-term rental business can be complex and time-consuming.
Regulatory Risks: Short-term rentals are subject to changing regulations and legal requirements, which can impact the business.
Steep Learning Curve: Requires a significant investment of time and effort to master the techniques and achieve results.
What’s My Solution?
I think BNB Formula teaches a decent business model in theory. However, “theories” often don’t pan out.
For example, with the Rental Arbitrage business model you’ll find yourself struggling with...
Increasing Rules and Regulations
Bad Guests
Shrinking Profit Margings To Compete
Yeah, those are just a few of the things that gurus like Brian Page don’t really tell you about the business.
Which I totally understand, if you knew those things... you’d probably reconsider buying from them right?
Unfortunately, they know that too... which is why they don’t say anything.
See, they’re mainly just concerned with you handing over your money (I’m talking gurus at large here) and wishing you luck.
When their system doesn’t work... it’s not their fault... or their systems... it’s your fault.
It’s something you did.
That’s the reason you’re not making full time passive income...
Ugh.
I hate that they deal with people that way. Too much psychological manipulation and once you see it... you can’t unsee it. It makes you sick.
At least it makes me sick...
See I’ve tried a lot of things throughout the years myself. But I’ve also had family members try real estate from their favorite guru, they’ve tried Amazon FBA, drop shipping, running an agency, even credit card programs.
It has never ended well.
You see, I learned that it is almost impossible to do any one of these “side hustles” full time unless you have a lot of money or have come from a rich family.
Gurus will tell you otherwise, but we all know why that is...
So in my online journey I was going to make sure that whatever it was I did was 1: viable and 2: only takes an hour or two after work to work on.
I didn’t want to get stuck in the constant hustle and burn my life away trying to chase after the guru version of the hamster wheel.
Screw that!
I want to be able to work hard, have a job (which isn’t as bad as gurus say), and have some side income.
I’m not greedy.
I’m not looking to get super rich.
Just something honest and simple.
I found that to be something called Local Lead Generation.
No ads, No crazy tech skills, and no real sales skills either.
All you do is build a little website like this:
Rank it to the top of Google like this:
And call up a guy/gal in town who can do the work.
After they’ve made some money, you just ask for a finders fee (super common in the contracting space) and boom... you’ve created a nice dependable side income.
Have I known people who do this full time with hundreds of these sites?
Sure... but they’re pretty stressed out!
People with 5-10 of these though?
Super relaxed from what I’ve experienced myself and seen from others.
And we’re after the least amount of stress possible right?
That’s what I’m thinking...
Full time secure job, 401k or IRA retirement account, and side hustle income leads to a pretty cushy life.
Gurus won’t tell you that because they want to pull on your greed strings.
I’m sick of the industry though, and just want to be straight with you.
There will be some hard work involved. Not everything will be peachy from the onset. But it will be worth while.
So, if you’d like to learn more about how this works, click the Private Invite button below...