You might be wondering, "Is Your First BNB a scam?" Well, you have come to the right place.
In this Your First BNB Review, I will tell you all about how it works. Furthermore, we will discover if it is a legit opportunity or all snake oil.
Real estate is a very big and competitive market. So, not everyone can just enter this business and profit with it easily. However, Your First BNB claims to help you enter this market by giving you a shortcut.
Your First BNB deals with how to make money with real estate using Airbnb. However, the hook is that you won't have to buy or sell real estate properties to earn!
So, how does this work? Well, continue reading and we shall learn more about Your First BNB.
Is Your First BNB a Scam: Quick Summary
Name: Your First BNB
Founder: Brian Page
Best for: Real Estate Enthusiast
What is Your First BNB?
Your First BNB is a coaching program on real estate. Furthermore, it promises to show you how to make money without selling or buying any real estate property.
There are a lot of testimonials in Your First BNB's introduction video where people said that they have earned a lot with this strategy. However, there is no way to verify if the testimonials are true or not. So, take those with a grain of salt.
Now, this might sound bizarre but it actually uses a strategy called Airbnb arbitrage. With this, you are not required to own any property to start earning money.
Brian Page said that he stumbled upon this strategy and realized that he can earn a lot of money with it. Furthermore, he even said that he earned over $300,000 in his first year alone.
Is Your First BNB a Scam: The Founder
The founder of the "Your First BNB" is Brian Page. He is a successful entrepreneur, passive income pioneer, and an online educator.
However, this is not what he originally does for a living. He used to be a real estate agent and was a millionaire in his 20's. However, all of this changed when the housing market crash of 2008 happened.
He went from millionaire to broke because of this event. This is until he stumble upon a way to earn money using Airbnb without owning any real estate.
First, he leased an apartment from his neighbor and signed an agreement to allow him to host short-term guest through Airbnb. After that, he discovered that it is actually a really good way to earn money.
So, he then created Your First BNB as a coaching program for those who want to do the same because according to him a lot of his family and friends keep asking how.
Furthermore, he has been featured in many news outlets like the Forbes, MSNBC, and more.
What is Airbnb Arbitrage?
Airbnb arbitrage is the strategy that Brian Page used to earn money in Airbnb without buying any property. Basically, you can lease a property from an real estate owner, like apartment, condo, or house units, for long term. Then, you can list those properties in Airbnb to host short-term guests.
So, how is this profitable one might ask. Well, the fact that long-term leases are usually much cheaper than short-term leases is how people like Brian Page made money with it.
To summarize, Airbnb arbitrage is renting a property cheaply for long-term, then renting it to short-term guest in a higher price.
However, if you do not have the money to rent a property then you can read this article on how to make money online!
How does Your First BNB work?
Basically, this is a coaching program that Brian Page created which according to him, "Removes all illusions and pitfalls" with working in this field. So, this is just a shortcut so you don't have to go through all the hoops and the discovery phase.
The coaching program is broken into simple video presentations that teaches you how to make money hosting BNBs. Furthermore, the program is composed of other materials that might answer any questions you might have.
For example, he has a section where he tells you how to start without having a lot of money. Plus, he also offers his BNB Property Profits Calculator to help you decide.
However, it can be broken down into 6 major parts which is:
- Your First BNB Kickstart
- Embrace the BNB Opportunity
- Choose Your Target Market
- Find Your Ideal Property
- The Property Owner "Easy Pitch"
- Cross the Finish Line
So, this program promises to give you everything you need to know to profit in the short-term rental market.
How Much Does it Cost?
You can avail the Your First BNB coaching program for only $97. In addition, you will also receive other materials like:
- Landlord Pitch Script - This is a script which you can use to entice landlords to let you rent their property so you can use it for Airbnb.
- Partner & List Addendum - This is the paperwork you will need to secure property via the "Lo Money Method" (No Capital). Furthermore, Low Money Method is when you partner with an owner to Airbnb the property then split the earnings.
- Lease & List Addendum - Paperwork needed to secure property via the "Mo Money Method"(With Startup Capital). Furthermore, this is where you rent the property from the owner directly then keep all the profits from Airbnb for yourself.
- Executive Summaries Manual - A summary of the entire 6 module course.
- Property Profits Calculator - A tool you can use to estimate any potential profit from a BNB property.
- 24 First Listing stories - Behind the scenes of 24 inspirational stories of BNB cashflow people with no prior experience.
Furthermore, they also offer a 30-day money back guarantee. This means that if you do not like the program then you can easily get your money back. All you have to do is send them an email.
Is Your First BNB a Scam: Customer Support
You can contact them via their phone number ((877) 224-0445) or by emailing them at firstname.lastname@example.org. Furthermore, they promise to reply to you within 2-3 hours during normal business hours from Monday to Friday.
Is Your First BNB a Scam: Customer Reviews
There are a lot of positive testimonies about Your First BNB in their websites from their "Students". However, I advise you take these reviews with a grain of salt as there is no way to verify these testimonies. Furthermore, they might also be the few who got lucky in this business.
There are also not a lot of customer reviews and ratings from independent review sites about Your First BNB.
Is Your First BNB a Scam: Pros and Cons
- Cheap for what it offers.
- Founded by a legit person that knows what he is doing.
- 30-day money back guarantee.
- Based on a working system (Airbnb Arbitrage).
- No independent reviews and rating from external review websites like Trustpilot.
- Starting out requires a lot of leg work and networking
- Depends highly on the type of properties near you if you do not have a starting capital.
Is Your First BNB a Scam?
To summarize, Your First BNB is not a scam. It is a coaching program which aims to give you the tools to start earning with BNB rentals without having any real estate property. Furthermore, it is founded by someone who has experience in the field.
However, earning by following the program is not as easy as it sounds. You have to do a lot of legwork by knowing the properties around you. Furthermore, you have to convince the owners to allow you to Airbnb arbitrage their properties. Plus, this does not include the chance that the owner might just Airbnb the properties themselves after you explain the process to them.
So, if you are someone who does not mind doing this, then this program might be for you.
However, there are other ways to earn money while being in your home online!
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