The rise of Airbnb and short-term rental platforms has opened up a world of opportunities for property owners and investors. One program promising to help you maximize these opportunities is the 10xBNB course, a training platform that claims to teach you how to build a lucrative Airbnb business even if you don’t own any properties.
But is the program worth it? Let’s dive into this in-depth review to determine if 10xBNB is legit, real, or just another overhyped program.
What Is 10xBNB?
The 10xBNB course was created by Sean Rakidzich and his team, who are experienced Airbnb entrepreneurs. The program’s central strategy is co-listing, where you collaborate with property owners to list their properties on Airbnb. Instead of renting the property yourself, you manage the property, optimize the Airbnb listing, and handle bookings. In return, you share a percentage of the revenue with the property owner.
This model eliminates the financial risks of leasing properties and allows you to start a short-term rental business with minimal upfront costs. The training includes detailed modules that guide participants through every step of the process, from finding property owners to convincing them to partner with you, optimizing listings, and managing guest relations.
What’s Included in 10xBNB?
The 10xBNB training is structured into several modules that cover key aspects of running an Airbnb business through co-listing:
- Finding Property Owners: Learn how to identify and approach property owners who would benefit from co-listing their properties on Airbnb.
- Negotiating Partnerships: Get scripts and strategies for presenting the co-listing business model to property owners and securing agreements.
- Listing Optimization: Techniques for creating Airbnb listings that rank higher and attract more bookings.
- Automation and Scaling: Strategies to streamline operations using tools and outsourcing to grow your portfolio of co-listed properties.
- Legal and Compliance: Insights into navigating short-term rental regulations and ensuring agreements with property owners are legally sound.
The course also includes live coaching sessions, case studies from successful students, and access to a private community of 10xBNB participants.
Key Features of the Course
- Low-Risk Co-Listing Model: Unlike arbitrage, you don’t need to lease or furnish properties, which reduces financial risk.
- Beginner-Friendly Approach: The course is designed for individuals with no prior experience in real estate or Airbnb.
- Automation Tools: Emphasis on leveraging automation to save time and scale your business effectively.
- Community Support: Access to a community of like-minded entrepreneurs and mentors who provide ongoing guidance.
Pros of 10xBNB
- No Upfront Leasing Costs: The co-listing model eliminates the need to rent or furnish properties, making it more accessible for beginners.
- Comprehensive Training: The course provides detailed guidance on finding properties, negotiating partnerships, and managing listings.
- Scalable Business Model: You can partner with multiple property owners and scale your business without significant additional costs.
- Supportive Community: The private community offers networking opportunities and insights from experienced participants.
Cons of 10xBNB
- High Price Point: The 10xBNB course is relatively expensive, making it a significant investment for those just starting out.
- Time Commitment: Setting up and managing multiple Airbnb properties requires time and effort, especially in the early stages.
- Risk of Landlord Resistance: Convincing landlords to allow Airbnb rentals can be challenging, especially in areas where short-term rentals are heavily regulated.
- Market Saturation: In some cities, the Airbnb market is highly competitive, which could limit earning potential.
Is 10xBNB Legit?
One of the most common questions about this program is whether 10xBNB is legit. Based on the testimonials and case studies shared by the creators, the program appears to deliver on its promise of teaching participants how to build an Airbnb business through co-listing.
However, success largely depends on the individual’s ability to implement the strategies and navigate challenges like convincing property owners and managing competitive markets.
The 10xBNB course reviews online are a mix of positive and critical feedback. Many participants praise the program for its actionable insights and supportive community, while others point out the challenges of finding cooperative property owners and managing operational complexities.
10xBNB: Real or Fake?
The 10xBNB training is real, and the strategies taught in the course have been used successfully by others in the short-term rental space. However, it’s essential to approach the program with realistic expectations. While the training provides valuable tools and insights, it’s not a guaranteed shortcut to success. Like any business, building a profitable Airbnb portfolio requires effort, persistence, and adaptability.
Who Is 10xBNB For?
The 10xBNB course is best suited for:
- Aspiring entrepreneurs who are interested in the Airbnb business model but lack the capital to invest in real estate.
- Individuals who are willing to put in the time and effort to build and scale a short-term rental business.
- Those who are comfortable taking on challenges such as landlord negotiations and managing operational complexities.
If you’re someone looking for a passive, hands-off income opportunity, this program might not be the best fit.
Conclusion
The 10xBNB course offers a unique opportunity to enter the Airbnb business through arbitrage. With its comprehensive training, automation strategies, and active community, it’s an appealing option for those who want to build a short-term rental business without owning property.
However, the high costs and challenges, such as securing properties and navigating competitive markets, may make this program less suitable for everyone.
If you’re concerned about the financial and logistical risks of starting an Airbnb business, there are other online business models worth exploring. For example, Wealthy Affiliate provides a proven, beginner-friendly path to earning income online through affiliate marketing.
The 10xBNB course offers a unique approach to starting an Airbnb business through co-listing. Its comprehensive training, automation strategies, and supportive community make it a viable option for those who want to build a short-term rental business without the financial risks of property ownership or arbitrage.
However, the high cost and challenges of securing property owner partnerships mean it’s not a one-size-fits-all solution.
If you’re concerned about the financial and logistical risks of co-listing or want to explore a different business model, Wealthy Affiliate is a proven alternative.
Wealthy Affiliate teaches you how to build a sustainable online business by promoting products and services through affiliate marketing. It offers step-by-step training, tools, and community support, all at a more affordable price point.
Whether you choose 10xBNB or Wealthy Affiliate, the key to success lies in your commitment to learning, applying strategies, and staying persistent in achieving your goals. Choose the path that best aligns with your resources, interests, and long-term vision.
