SPEAKER_01 0:00

Hey yo y'all Live Led Thrivers. This is Steve here. And real quick, uh this is episode ninety-three with David Flippet Wiens. And um it has a great story, and I know you're gonna really love it. The thing is we had a lot of technical difficulties with the show. So if you bear with it, I know you're gonna get a lot out of it, and um, we really hope you enjoy the show. He makes um over a hundred thousand a year on two rentals, so yeah, mind blowing. So check it out. Sorry about the technical difficulties, and keep living, letting and thriving, y'all. Peace.

SPEAKER_00 0:35

I started in 16 and I had one unit. I think I did around 24,000. Then by July of 17, I had the downstairs of the duplex ready to go. And I did 44 and 17 from the whole year with the upper apartment, and then just from July on with the lower apartment. And then in 18, I finished up construction on the house next door, which is the four-unit suite. And uh that year I did 120.

SPEAKER_05 1:04

Welcome to Live Let Thrive, a podcast about the Airbnb life, the share economy, and everything in between. Here are your hosts, Micah and Steve.

SPEAKER_02 1:15

Hello, hello, hello, and welcome back to another exciting episode of Lid.

SPEAKER_01 1:22

Let Thrive Stevie Stacks Micah Man, what's happening?

SPEAKER_02 1:29

Chilling, man, chilling, chilling. It's another day. Episode 93. 93, moving light along, and we got a special guest on. We have our boy David Flippit Weams on.

SPEAKER_01 1:46

What's going on, guys? What's up? We call you the DFW, DFW. That's what we're out. We're in the DFW area right here, so that's cool. DFW, David Flippit Weams.

SPEAKER_02 2:03

Yeah, yeah.

SPEAKER_00 2:04

It works for me.

SPEAKER_02 2:06

Man, man. So like I I I kind of give everybody a background story. How I found you. You were you had posted your uh videos in the little Airbnb group. You know, people hated on you, you know how that goes.

SPEAKER_00 2:17

Those are the best videos.

SPEAKER_02 2:18

Yeah, there you go. But man, uh you said you're making six figures on two houses. Tell the people how that's possible.

SPEAKER_00 2:27

So uh it's pretty simple. I got the one house is a duplex, so I have two apartments there, and then next door, I decided to take a little bit of a risk. And the house had been abandoned for like 15 years, and I'm looking at it, and I was like, okay, maybe I could switch this one into a duplex too. So I go down to the uh zoning and permits office, and they say that we're grandfathered in a single family. They're not letting us do any more duplexes in my area. So I was like, man, I already bought this house. It was like $38,000 for the show, and uh I couldn't do my original plan. So then I started getting a little creative, and I'm like, okay, if I can put suites in here, then I could probably still make the money. So it has four suites. Each one has a bedroom, a bathroom, and a living room. So then I had to check the regulations on, you know, like how many people could be inside of a single family house. It turns out that where I'm at, there's no regulations on guests. There's regulations on people who are living there full time. Like let's say I had a traditional lease, then I couldn't do, I could only do three people who aren't related in one house. But being I do Airbnb and I don't let anyone stay for more than 30 days, I'm not regulated in that sense. So that's how the money comes in. Um the suites go for about $40 during the week and $65 on the weekend plus a $15 cleaning fee. And this month I'm at a little bit over $10,000, about $10.5.

unknown 3:56

Wow.

SPEAKER_00 3:57

That's it.

SPEAKER_01 4:00

And and so that's kind of funny because it it's like the opposite of how it's been working lately, how like we if you you get all kinds of advantages if you're a long-term renter, but if you're a short-term under 30 days, you don't get any advantages and you get shut down. But you over there where you're at, it's flipped it on its head. You get advantages because it's a short-term rental. That's kind of that blows my mind, man.

SPEAKER_00 4:23

Yeah, so explain that. What do you what do you mean? You get disadvantages for short-term rentals where you're at.

SPEAKER_01 4:31

Over here, they're ban they're they're banning short-term rentals everywhere.

SPEAKER_00 4:35

And you're in Texas.

SPEAKER_01 4:36

In North Texas, yeah. Yeah, you think it would be like some kind of um liberal state doing some stuff like that for rent control reasons and stuff, but Texas is going crazy over here, man.

SPEAKER_00 4:48

It's probably because of the hotel industry. They got lobbyists.

SPEAKER_01 4:52

That's a big that's what we think it is, too.

SPEAKER_02 4:54

Yeah, hotel industry, also cities, and you can tell when it's gonna happen. The easiest way to tell is if the city's not gonna partner with Airbnb on paying taxes. There's only one city in the state of Texas that partnered with Airbnb and it's Plano.

SPEAKER_00 5:08

What's that? Oh, Plano. I assume it would be Austin.

SPEAKER_02 5:11

Oh no, Austin. They hate Airbnb down there. Really? Yeah, it's one of the most strict places down there. Yeah, Austin.

SPEAKER_00 5:18

Oh. I would have never thought that Texas, of all the places, would want more regulation. That's crazy. Where are you based out of? Pennsylvania, Pittsburgh.

SPEAKER_02 5:30

Oh, you in Pittsburgh. Oh man, I'm in Pittsburgh. So the so I know those Stiller games bring in that money, right?

SPEAKER_00 5:36

Oh, the Stillers games, we stay packed. I mean, it's every every one of my six units goes every time there's a Stillard's game. But they're actually getting ready to put the country's first man-made lagoon in about two miles away from the properties. So I'm looking forward to that. I mean, in the summers I do pretty well anyway, but you know, that's that's uh that's gonna be a game changer for us.

SPEAKER_02 6:00

Oh, yeah, you market that right. You in there. How long have you been doing the Airbnb game? How long have you been in it?

SPEAKER_00 6:07

I started in 16, and I had one unit. I think I did around 24,000. Then by July of 17, I had the downstairs of the duplex ready to go. And I did 44 and 17 from the whole year with the upper apartment, and then just from July on with the lower apartment. And then in 18, I finished up construction on the house next door, which is the four-unit suite. And uh that year I did 120. So 120, and then I rented. Well, I'm not even going to go into that, but I I did 130 in rentals. You know, I I did have, I can't, it's I had one tenant who was there for like most of the year, but there was only one permanent tenant there, so I was still under that three threshold, you know.

SPEAKER_02 6:55

Nice. So you got you got into this game because you were originally, what were you originally doing? Flipping?

SPEAKER_00 7:01

Yeah, I started out real estate flipping, and uh it was just man, you know, I do a lot of the work myself. So after spending all this time and you know, your knees and your back is sore and everything, and I'm like, man, I sell the house, yeah, I make like 50 grand or something, then I have to reinvest it all. I can't even buy a car out of it because I don't want to pay capital gains tax. And, you know, I just didn't like the whole scenario. So I'm like, you know what? Let me start buying houses to hold. And I ended up in stumbling into Airbnb through construction. One of my contractors, they saw that uh they like my floor plans. I do all the floor plans and everything too. So this one guy over on the south side, he had a house and he wanted to switch it from a one unit to a two unit. So he wanted to pay me for a floor plant plant. Then we get over there and start talking. He was like, Yeah, I'm doing it for Airbnb. I'm like, what is Airbnb? You know, I always stay like the Hilton or something. I'm like, what is Airbnb? He started explaining it to me. I went home and started doing my Googles, and uh I said, Whoa, you can make money like that. So I just ended up in, I had just bought the duplex at that point, and I ended up in just renovating it for Airbnb. Ooh, man, yeah, that's a beautiful thing. Yeah, it was great. It was like a crazy risk, but it actually ended up in working out, you know, looking back on it. And really, if it wasn't for Airbnb, I wouldn't even be able to get into the group home thing. So, you know, you just want to diversify your income a little bit in case regulations or anything else happens, you know. Definitely, definitely.

SPEAKER_02 8:30

So you've been doing it, you said two years. So three years, I'm sorry. Yeah, it's been like a little over three now. So like three years, you know, and I always ask people, I like to ask people like, how are you on automations? Like, are you still hands-on, or is it most of it takes care of itself?

SPEAKER_00 8:45

I'm I'm hands-on. I do all my cleaning. I mean, I'm you know, I'm cheap. I I want I want all the money. So yeah, I do my cleaning, I do my messages back and forth, I do everything. But you know, I've been doing this for so long that it's just you know, I just send out a message, no problem.

SPEAKER_02 9:02

Yeah.

SPEAKER_00 9:02

You like speaking about automations?

SPEAKER_02 9:04

Do it itself.

SPEAKER_00 9:08

Is that what you meant by automations?

SPEAKER_02 9:09

Yeah, yeah, yeah. Like how automated are you? You still hands-on?

SPEAKER_00 9:13

Yeah, very hands-on. What about y'all? Do you are y'all hands-on with it?

SPEAKER_01 9:20

I am. I'm I'm kind of hands-on with it. Uh, Micah gives me shit about it. But see, my when I when I had an Airbnb up and running, my wife was doing the turnovers. So every time, you know, if I if I wasn't working overtime, I'd get off early and I'd go help her finish turnover. And one time he'd be calling and he's saying, Hey man, what's up? I was like, uh, you know, I'm here trying to scrub in these toilets right quick. He's like, What the hell you doing that shit for? So he makes fun of me, but hey man, I was just helping my wife. You gotta pay someone for that.

SPEAKER_02 9:48

You gotta out of out of me. Nah, but I'm uh I'm I'm very hands-off. Like I've been I started two years ago, 2017, February. Okay. I just it was too too much for me, so I had to be hands-off. It was too much. So okay. Yeah, I've been hands-off for a while now. It it it helps, you know. Um, the thing is when I tell people to be hands-off, I I'm rather create your own systems and go off that because property management companies with Airbnb, I'm not with I'm not about to pay nobody 20%. I'm like, that's crazy.

SPEAKER_00 10:21

That's that's what I was getting quoted for. I'm like, man, I can't do that. Yeah, it's a lifestyle. Like, I you know, no, no, I need that money. Yeah, yeah. At first I was looking to hire. I was just trying to hire a cleaner and you know, pay like $10, $15 an hour for them to come in and turn it over. And I realized the problem with that is uh most cleaners want or most employees want a guaranteed schedule. And with Airbnb, I don't necessarily know if someone's gonna book four of the apartments for three days and then only two of them are turning over on those couple days, you know. So you know where I'm starting to go?

SPEAKER_02 10:57

Well, do you if you do turnover BB, you can get peep cleaners like that on the turnover BB app. Now, what you really want to do though, if you go, I'm gonna give you this advice before you get on there. Charge people by the hour. Be like, hey, I pay $12 an hour, then your cleaning fee, you can take most of it home with you. Oh, okay. Yeah, that's perfect. That's perfect. That's how your hands are. Yeah, yeah, yeah. Yeah, I use like turnover BB, price labs, I'll pretty much any system I can find that makes it so I don't have to talk, yes, or anything like that. I I try to use.

SPEAKER_00 11:30

And then what do you end up in uh what percentage do you end up in paying out to be hands?

SPEAKER_02 11:35

I'll pay them like right now, I have a fixed rate. I'm paying my cleaner here, I think I'm paying her like $75 to cleaning. Okay. Now I know in the future I'm only charging them, I'm paying them by the hour. So I say, see if you can charge them ten to twelve dollars an hour.

SPEAKER_01 11:50

Oh, that's perfect.

SPEAKER_02 11:51

Yeah, if you're charging fifty dollars to clean, they done it four twelve times four, what, forty-eight dollars? Hopefully they get done in three. You take a little bit at home with you.

SPEAKER_00 12:01

Oh, yeah, that's perfect. That's perfect.

SPEAKER_02 12:03

Yeah, yeah.

SPEAKER_01 12:05

Hey, um, so you started with the duplex, and then you bought the one next to you, which was abandoned. I'm sure you had to do a whole remodel on that thing, right?

SPEAKER_00 12:13

Yeah, that was crazy. They had there was homeless people went in. I mean the raccoons, the rats, like there was so much. The people who had the house before, they had, hey, how you doing? They had uh um dogs that they left in the house for I'm guessing a couple years, and they would just come over to let the dogs out like every couple days. So the subfloors, everything was just filled with piss. It was a disgusting project. It was crazy. I used to get done working over there, and uh at the time I was living in the basement of the duplex. I built like another apartment down there just so I could, you know, like put all my money into building out the new spot, didn't want to pay any rent at that time, or you know, a mortgage on a personal place. And uh I would get done working and come back over to my apartment, and you could smell the ammonia on your clothes from just being inside that area. It was disgusting.

unknown 13:10

Jeez.

SPEAKER_02 13:11

That's good that you got to get out, you know. I'm saying you got to get, you know, you got your equity, you got your sweat equity out of it.

SPEAKER_00 13:18

So oh yeah, the best part about it was I spent about I spent 38 on the house, another hundred thousand to rehab it, and uh it appraised for 260. So I was I was pretty happy with it. Did you pull the money out? Oh yeah, I'm I feel a mortgage one for 150, so I could do I have another project about four blocks away, and it's it's uh uh it's gonna be a three-suite house. It has all the drywall up, everything that uh all the mechanicals are in. I just need to put the kitchens and bathrooms in.

SPEAKER_02 13:47

So uh on your suites, uh because I want to really know how that business model works, on your suites, they don't have a kitchen, or how how does the kitchen work?

SPEAKER_00 13:56

The kitchen, I kind of liken it to like a uh to a hotel lobby. So the kitchen's a shared space and you know anybody can hang out there. There's like a it's like a kitchen dining room, you know, combination.

SPEAKER_03 14:09

Okay. So it's a com it's a common area. Okay. Yeah, common area. And I like that suite idea.

SPEAKER_01 14:14

And how many suites are in there? Four. Four suites. So it actually, I mean, it kind of worked out better for you than uh doing a duplex, right?

SPEAKER_00 14:25

I charge about half for the suites. Oh, okay. So, I mean, you well, you know what? It definitely works out to be better because I have the cleaning fees on it too. So yeah, it definitely does work out to be better. Uh I don't really keep track of like what each unit's worth making. I just of course look at you know like how much I'm pulling in on Airbnb. And uh the I don't want the signal to get messed up from the window. But uh yeah, so I don't I don't even know exactly how much that house is pulling in. But I'd say that they're it seems like each suite's probably about 2400 usually is what I pull in from each one. I mean from each each each unit, each unit, should I say. And the suites poke out a lot faster or a lot my um occupancy percentage is a lot better with the suites. And when people want to go for long-term stays, they usually get the suites. The suites have a queen size bed, and that's it. So there's a full-size couch inside the living room of two of them. The other two upstairs, they have love seats. And uh I think uh I advertise for three on the bottom level and two up top, but usually it's just two people inside of each suite.

SPEAKER_03 15:46

That's taking it to another level.

SPEAKER_00 15:48

Yeah, I like doing different things as far as like, you know, building different concepts as far as like floor plans and things of that nature. So it worked out perfect, you know, to build it for Airbnb because you can actually get paid for it as opposed to if you're flipping, then you know, who's gonna buy that? You know, they want a standard layout, they want something familiar.

SPEAKER_01 16:08

That's cool. That's cool though, because you bought um this thing's doing weird stuff. Um because you were able to uh buy one right next to you, you kind of raised the the value of of even the one you had before, right?

SPEAKER_00 16:23

Yeah, yeah. I already put the mortgage on the one before. That one went on at 220. And as y'all know, duplexes, multifamilies in general, they're not you don't get as much money for those as you do single family. Because usually only investors buy it, so the people who are buying them is a lot smaller. But uh yeah, I mean, you know, the single family came back at 260, the duplex was at 220. And uh that's why I'm what'd you say?

SPEAKER_02 16:51

Oh no, go ahead, go ahead.

SPEAKER_00 16:54

Oh, okay. So that's the reason why I buy in the same area because every year, whenever I'm doing one, I know that I have a comp, you know, in that same area, and I I can always pretty much be sure of how much that house is going to come back at, you know.

SPEAKER_01 17:08

So are you so you looking for more abandoned houses to buy?

SPEAKER_00 17:12

Yeah, the one that I bought over on Falk, that one, it was funny because I was playing around with wholesale real estate last summer, and uh I was telling my neighbor, because I actually got some uh some banners made for my for my truck. Let's say, like, you know, like we buy houses type thing. And uh my neighbor was like, hey, what's all that about? I had been talking to him about it for a second. He's like, you know, I got a house a few blocks over. I've been waiting to sell it. So that house was another deal, like the one that I bought, 3548, the abandoned house. So uh 1613, which is the new one, it was abandoned for like 12 years. And it was the same deal. I had to gut everything, all new everything, all new HVAC, plumbing, electrical, you know, floor plans, drywall, like just everything. Only thing that that house had was good windows. But everything else we had to tear out. So yeah, I like I like doing it that way because I plan on holding the houses for a long time. And I just want to know that everything's good with it. I won't have any headaches. It has all new pecs going through it, the stacks are PVC, the uh furnaces, I use high-efficiency furnaces, I get the wall spray foam. So my utilities on the house, they're pretty low too. I think I'm running that whole four-person house for a hundred and uh thirty-five thousand for a hundred and thirty-five dollars is what I spend on heat for it. So, I mean, it's in the winter in Pennsylvania, it really makes sense to get all new everything, you know.

SPEAKER_01 18:39

Nice. I was gonna say. So who is your um target renter? Who who is the people that you uh you like you like to rent to, or what kind of people come through?

SPEAKER_00 18:51

Um, it's it's wild, it's all different types. I I'll tell you my least favorite are local renters. But um I mean, usually, you know, it's like I've ran into a lot of issues as far as like parties, um just you know, just different issues with local people, but I like uh I'd say I probably like the hospital employees the best. But I don't necessarily market to anybody. I just throw it up on the Airbnb and let it do what it does.

SPEAKER_02 19:21

Okay. So which unit are they usually partying in?

SPEAKER_00 19:25

The first floor of the duplex. It's a it has a big kitchen and you know, it's like a it's a nice looking unit, and people see that, and I guess, you know, and it has a big deck too. So it's it's yeah, that one I have to like really watch closely. I just changed my welcome message to like reiterate the house rules before they show up and all kinds of stuff. But it's usually that luxury premium apartment.

SPEAKER_01 19:52

The um shower, what's it called? The rain shower?

SPEAKER_00 19:56

Oh yeah, they all have the rain heads, but uh all six of them have rainheads. But the luxury is I'm gonna try to pull up a picture real fast.

SPEAKER_01 20:08

Cause yeah, that rainhead thing was cool, man. I would I'd like to install something like that. That'd be taking it to the next level.

SPEAKER_00 20:15

You know what? I get so many good reviews about that.

SPEAKER_01 20:22

Yeah, it looks awesome.

SPEAKER_02 20:24

Yeah, I was I was saying, yeah, I like those rainheads as well. Those are dope. Uh I appreciate it.

SPEAKER_00 20:29

You know, they're really cheap on Amazon. Oh, that's where you get them? Yeah, I order them right off of Amazon. I think they're like uh they're under $60.

SPEAKER_01 20:38

Oh dang. They're easy to install.

SPEAKER_00 20:42

Well, yeah, they're easy for me to install because I have the plumbers run the water lines up, so it's just screwed it in like a normal shower. But uh, if you don't have that, I was at the Omni, no, it was the W, the W hotel in uh Buckhead, Georgia, like right in Atlanta. And they had some rain heads that came out of the wall, out of their regular shower head feature, but it was like an elongated uh neck that kind of held it out over you, up and over you. And it was a little eight-inch shower head, but it it gave you the same kind of feel because they have all the little small pressurized water just to come out and hit you. So it was still real relaxing when you were in there. That's the way you could do it if you don't want to, you know, like get into tearing the ceiling out and running, you know, your water lines up and everything.

SPEAKER_02 21:29

So, question for you how many Airbnbs do you plan on getting?

SPEAKER_00 21:34

Uh well, there's I've I've been working on this ODP business, so it's like you know, you get paid through Medicare. I'm always worried about a recession. Like if a recession hits, will people still travel the same way? Like, will I have to lower my prices more? I don't like that Airbnbs constantly add in more hosts. And that kind of like they're trying to try to force you to put your prices down. And I've been doing pretty well with it. But uh, you know, I just having one business makes me a little nervous. So I'm not sure exactly how many Airbnbs I'm gonna end up with. But I mean, as long as it's working, I'll keep on doing it. But uh, you know, right now I'm working on another business where I can do some more, but you know, you're like you're I have a friend, she literally has two houses. She turned over 800,000 last year from having four uh four residents inside of the house. So you uh okay, so if in Pennsylvania, or really everywhere, because Medicare is a nationwide thing, but people who have intellectual disabilities, they did a lot of studies and they found out that whenever you take them out of a big facility and take them into like a smaller facility, one, you get to integrate them with the community. And then secondly, they're I guess they're I can't think of the right word right now, but they're able to function on a higher level. They assess them on like a numerical scale. And whenever they're inside of a smaller environment with only like two or three people inside the house, they actually do better. So the state and the government, they pay out a lot of money to make sure that you can provide a service for them where they can live as close to possible as an everyday life. And they basically pay you to you know create a program and you have to have a CEO, a CFO, um, you go through a whole bunch of inspections and clearances, and you have to build a whole business around it, supporting staff, RNs, all kinds of stuff. But once you get up and running, each she I think it's $500 a day per resident that she has, and she has four. So it's $2,000 a day. It was a little bit over $800,000, is what it worked out to be. You're paid through Medicare. Medicare's never missed a payment since its inception in the 60s. So that's something that I was like, okay, if I open up this business, then I can keep on investing. Another thing that I run into problems with Airbnb is I have to always have a house that's free and clear because the bank won't give me loans to build Airbnbs. I have to build a house, then put a mortgage on it, and then I can use that money to do my new Airbnb. So it's been like kind of tough for me to get money to fund it. So I was looking for businesses where I could make a lot more and I can just self-finance, you know? Yeah. Well, Fargo for Airbnb? Yeah. Huh. Yeah. That might have been like the one bank that I didn't call. I talked to last year when I was putting the mortgage on, I wanted to just put the mortgage straight on the new project and leave my last one, you know, free and clear. But I was talking to PC and um all kinds of different dollar bank, uh, first um key bank, or a bunch of them. And they were all like, no, that's they don't count Airbnb money as rental income.

SPEAKER_02 25:01

Are you running your Airbnb business through an LLC or through your personal name? I'm running it through my personal name. Uh man, switch it to an LLC. So your 1099 is coming in through your LLC, and if you get two years of that, you take that to Wells Fargo, they'll give you a loan.

SPEAKER_00 25:18

Hmm.

SPEAKER_02 25:19

Yeah, they gave me a loan.

SPEAKER_00 25:21

Okay. I'm taking notes right now.

SPEAKER_02 25:24

Yeah, yeah.

SPEAKER_00 25:26

Turnover B and Wells Fargo.

SPEAKER_02 25:29

So yeah, so you get the the medical field thing, you said you have to get approved. It's pretty much assisted living, right? Exactly. Man, you know it's funny. I've been talking about assisted living for a long time. I've been trying to find somebody who knows that market. And what you said is perfect. You said the healthcare industry has never missed a beat. I talked to uh one of our past guests named Adam. He told me if you ever want to truly be recession proof, you have to get in the medical care field. It has to be in the medical field.

SPEAKER_00 26:02

Yeah, that's the reason why I was getting. And then you know what the funny thing is about it? I've never been involved with an industry where you get paid to be compassionate. I mean, it's like just since since I've been shadowing and going through all the trains, we did do 40 hours of dual diagnosis. I had to do face-to-face trains with ODP and ISP, which is like basically how they communicate what that individual's needs are. And the bottom line is you're just there to support them. You're, you know, you're just trying to help them be able to live a better life, and you know, you're doing their meal plans and all kinds of stuff, but you make enough money that you can hire a full staff to run that business and you can finally be hands-off. Where with Airbnb, I mean, maybe if my lifestyle wasn't as expensive, then I could, you know, I could do that. But for where I'm at, I need to be able to make you know a lot of money in order to be hands-off where I can just pay people to do all that work, you know? So, yeah, I mean it's it's crazy. I couldn't believe telling me. One.

SPEAKER_01 27:06

Okay, I was gonna ask also, David, um, like I and the and seeing the videos you make in, those are pretty cool. Those are pretty dope. Um, do you have uh like the furniture is it seems kind of cool. Where do you where do you end up getting the furniture at? And do you do your do your own decorating?

SPEAKER_00 27:21

Yeah, I do all of it. I do the decorating, the color schemes, all of it. Um I've been getting a lot from IKEA, uh suites, the one with the gray carpet. All that stuff came from IKEA. Um, and over at the duplex, that furniture came from American Freight. I don't know if you guys have that down there.

unknown 27:42

No.

SPEAKER_00 27:42

That's like a discount, that's like a discount furniture store. So I noticed that the furniture doesn't really matter as much as the uh color schemes throughout the house.

SPEAKER_01 27:52

Huh. That's interesting. That's interesting.

SPEAKER_00 27:55

But and you gotta keep in mind, I'm I'm at a lower market. Like I'm guessing that you guys probably might do higher end or you know, something like that. But like mine's are, you know, I have the the suites are $40 a night during the week, you know. So it's my apartments, I think the the luxury premium goes for like $120, you know. So it's these are lower end units, you know.

SPEAKER_02 28:16

Like I have some that are in like high rises downtown. I also have some that are in uh because I remember I remember on one of your videos you said, my my Airbnbs are in the hood. Well I have one that's kind of by the hood by the hood. So and and also I was thinking, like, if you really, really want to make money with Airbnbs, you have to get them at a certain price point. Like, even if a recession hits, I think you also have to look at like me and you, you're we're buying, so like all three of us are buying, we have to make sure the long-term numbers work just in case we have to fall back. And we have to get it at a right price point. That's what I've been noticing with Airbnb. If you don't get it at that, where your your mortgage is five hundred, eight hundred dollars a month, you know, it starts to cut into profits.

SPEAKER_00 29:00

Yeah, it starts to get a little hairy, especially in uh January, February, or March. You're like, oh no.

SPEAKER_01 29:10

So that that's I was gonna ask. I mean, because the furniture it looks cool, the the whole scheme you did. And it's like uh it's very minimalist. And so I was thinking, well, I mean budget. Yeah, that's what I that's what I put, like in one of my and furnished places, I put like that. And we took a very minimalistic approach, you know. It just means I don't have money to buy a bunch of furniture. But um, but it works out good because people it it I've heard it put like this before. Because people that go and stay at hotels or stay at like you know nicely done places, their own their houses themselves that they have is full of clutter everywhere. They got stuff all over the place. They want to go to a place that doesn't have a lot of clutter, that they can just breathe and relax and then you know clear their mind, you know what I'm saying? And that that's what that's what yours looks like, yeah. It looks very minimalistic. So no knickknacks. Yeah, yeah. And so you you take a girl there, you know, you can hang out and have a good time.

SPEAKER_00 30:06

Exactly. I didn't say that. Hey, person being single, I can make those kind of jokes.

SPEAKER_02 30:24

As our wives in the other room. Yeah, I know, right?

SPEAKER_01 30:28

They know this.

SPEAKER_02 30:29

Yeah. Well, agree. So so like you said, you because I like your strategy, you're going 100% buy-in. Do you actually ever plan on like arbitraging a place in the future?

SPEAKER_00 30:42

You know what? Because I actually leased the facility I'm getting ready to do for the intellectual disabilities, and uh, it's a townhouse inside of like an apartment complex. I never knew that you could just do a corporate lease and you can sublease to whoever you want to. So I never knew that that was even an option. But um no, I probably wouldn't. Because the only reason why I wouldn't is because uh one, the rental values, especially in such a nice apartment complexes, they're pretty expensive here. I mean, we got a lot going on with like Google and Duolingo and just like a bunch of big companies that came into Pittsburgh, and man, they shot those rental prices up. So I would I have to make sure that if I'm renting somewhere, I want it to be a business that's making money hand over fist. And with Airbnb, I'd be a little bit worried about the margins, but I've never done any research on it, so I'm sure you know there's ways to make money with it, but you know, I just don't know anything about that side of things. Now, neither one of you guys do it that way, though, right?

SPEAKER_02 31:43

Yeah, um yeah, I I do it. Oh, you do it through arbitrage too? Yeah, I try to kind of keep it balanced. Like I do arbitrage, I have a handful of arbitrage, and then I have places that I own. So I do it both. Um the arbitrage is more for short term, and it's just pretty much it's a cash play. It just gives you reserves while the what you own, it gives you the cash and it gives you the equity, of course. You know.

SPEAKER_00 32:09

That's that's really smart. I like it. I never even thought about doing that because yeah, you're guaranteed. So, what how long are you signing your leases for?

SPEAKER_02 32:16

Well, arbitrage and residential anyways, I'm getting a year lease. Um, I we've had Kim and Ann on, and they're doing it through commercial buildings, and I like it a little bit better because they're getting a 10-year lease on a commercial building, then they break the units up to whatever they want. But that's the issue with being an arbitrage after a year, you either gotta get up and get out, but the good thing about a corporate lease is they will keep your rent the same. Oh, okay. Wow.

SPEAKER_00 32:45

So I gotta do a little research into that.

unknown 32:48

Oh, yeah.

SPEAKER_01 32:49

So so David, do they um have they been like any murmuring, any talks about um putting regulations on Airbnb in your area?

SPEAKER_00 32:59

Not that I'm aware of. So whenever I was talking to my lawyer, uh, this is probably about two years ago, whenever I was like, okay, you know, I'm really gonna hit the gas on this Airbnb thing. The first thing he said when I said Airbnb was, oh my god, don't do it. So I was like, whoa, what's going on? What's happening out there? And he said that he had a guy that was in Forced Hills, which is a little borough uh outside of Pittsburgh, and he actually got kicked out of the borough. They went back and changed their laws so that you couldn't lease out of space for under 30 days, I think it was. And whenever I told him that mines were actually in the city of Pittsburgh, he was like, okay, I think you're a lot more safe because you know they make a lot of money in Pittsburgh. They charge us a 15% sales tax here in Allegheny County. So, you know, like there's they worked out some kind of structure enough to say that, okay, you guys can do it, but we want paid more. So, you know, I I don't think that that's going to be an issue anytime soon, but you know how that goes, you know. Um somebody just got shot at a uh there's an Airbnb downtown, like a little bit, probably like two, three minutes outside of downtown. They had a house party there, and someone got shot and killed at the party. That made the news went around the news. So if there was a lot of stuff that happened like that, who knows? Regulations could come pretty fast. But that's the first time I've heard of anything wild happening in Pittsburgh with Airbnb.

SPEAKER_02 34:33

A website to see if your county connects collects taxes, if Airbnb collects the taxes for you. It looks like Allegheny County County, it does. So I think we're in a safe zone. Yeah, but when stuff like that happens, that bad press is also another one, man. Because yeah, that bad press is hard.

SPEAKER_00 34:49

It can kill you, especially when they're lobbyists, like, we told you it's been happening, you know. It's like that's one thing that I understand. I'm I think it's against the T of the terms of service in order to say anything necessarily bad, but that's one thing I don't understand about Airbnb, is why the parties are even like I'm I'm sure there's some way to control that. Like they uh from what I understand, if you catch someone getting ready to throw a party at your at your unit and you tell Airbnb, best case scenario, they'll move them out of yours, but try to find them somewhere else to go on the platform. And it's like I think the parties are what's really getting a lot of bad press, because other than that, there's not too much you can say. Well, property values and all that kind of stuff, too. That's their argument, anyway.

SPEAKER_02 35:38

And that is a problem. Them, okay, if they're throwing a party over here, they come back and they they try to put them in another Airbnb, still have the same problem. So yeah, and I I don't really know how they're gonna control it, because I don't know. That's a that's a to that's a good one. I don't know how they're controlling. That's because that is the main press. Well, people are throwing parties. That's like the main bad press about it.

SPEAKER_00 36:01

Yeah. It was funny because right before I came. Oh, go ahead.

SPEAKER_01 36:06

Oh, sorry, you go ahead.

SPEAKER_00 36:09

Right before I came over to do the pod, I walked out from the from the facility, and the owner she was like, Oh, my daughter just got an Airbnb. I said, Oh, okay, that's cool. She said, Yeah, they were busting kids out there. They had a big party. I said, Well, I'm glad you didn't get mine. She said, We saw yours on there, but we didn't get yours. I'm like, wow. They were busting kids out to this party. I said, Oh my god, that's crazy. But it didn't make the news, so there's that.

SPEAKER_02 36:41

Jeez, that's insane.

unknown 36:43

Yeah.

SPEAKER_00 36:47

Oh, I assumed that was a hotel. I saw the video whenever he was walking in there when 50 Cent was walking into the room. I just assumed it was a hotel room. That was a conda?

SPEAKER_02 36:56

Yeah, no, it was a uh one of them was an Airbnb and it made the news. Oh, that's crazy. So, hey, if somebody, and I had a question for you. Just to, you know, if someone wanted to get started in Airbnb today, like what would your advice to them be?

SPEAKER_00 37:19

My advice would be to be easy going. Like, don't let, you know, guests who come in and do things that are against your rules, don't focus on the bad. You know, focus on the nice guests. Like you're gonna have people who are annoying or people who message you every couple seconds about stupid stuff. But you know, at the end of the day, uh it I think it has a lot to do with your personality and how you're treating the guests. And I would say that if you're super nice on the message, that's all it really takes. Like you're gonna get a five-star review most of the time, as long as you can build a rapport with them over through the message. I mean, I've had guests that had problems, but I've stayed 4.9 star superhost the whole time I've been on the platform. And I kind of use the uh, you know, if you go out of the country to a resort, the way they treat you? Like how they're, you know, they're you can't do any wrong. They're like, oh yes, Mr. Wims, we will do whatever for you, like whatever you need, you know, it's just that out-of-the-country type of treatment, and that's kind of what I give them, but it's really just through the messages. I mean, I don't really do anything special when they get here. I don't give them any gifts or hold up little fancy towels for them or anything like that. But um, you know, it's like they they seem to really like it.

SPEAKER_04 38:37

It's great customer service.

SPEAKER_00 38:40

There you go. In three words.

SPEAKER_01 38:46

And and um it's funny because Micah automates his whole customer service.

SPEAKER_00 38:51

So no matter what the well, you have an AI?

SPEAKER_02 38:55

Uh yeah, a little bit of AI and a VA. Oh, okay. Yeah, so like I tie messages and then um the AI takes a little while to figure out because it has to react off certain keywords. So like if somebody asks about the Wi-Fi, the AI has to catch it and then it'll send a response. I use um smart BNB. And it it pretty much you have to like set up little keywords like location, you know, to send them the address. Um if it's Wi-Fi, you know, send the Wi-Fi password. So yeah, it's like little automations like that.

SPEAKER_00 39:28

That's amazing. And it and it really works flawlessly. Like your guests like it.

unknown 39:33

Yeah, yeah.

SPEAKER_02 39:33

Like sometimes most of the time I don't even talk. I haven't talked to guests. I think I talked to a guest today because he had an issue with uh one of his reservations down in Marble Falls. That's about it. Most of the time I'll talk to him.

SPEAKER_00 39:46

That's a way better way to do it. That's a way better way to do it. Everything that I gave as far as advice for first-time people, you wouldn't have to worry about any of that if you just, you know, if you're hands off.

SPEAKER_02 39:58

Yeah. It takes a good way. But yeah, once you're hands off, it really helps. You know, you can you can because like, man, the reason why I learned real quick I had to be hands-off because the first time me and my wife went on a trip, man, I was getting hit up. Me and my wife were trying to couldn't enjoy ourselves down in Cosmo, Mexico. I was like, ah, the next time we just got back from the Bahamas, it was a breeze.

SPEAKER_00 40:22

Oh, wow. Yeah, that's amazing. And yeah, that's that's the way that you want your business to be. I mean, that's that's perfect. I'm sure you guys are familiar with Rich Dad, Poor Dad. Oh, of course, of course. Man, yeah, I feel like that's like any entrepreneur. Like, that's the first book you read. Like, but yeah, every time I'm over there cleaning, I'm like, man, Robert T. Akiosaki wouldn't approve.

SPEAKER_02 40:53

Yeah, that's cool. So how many units do you have? Me? I have about right now, I have two houses. Well, I have how many houses? This house. So I cut I cut off a lot of units. I got I have total of it, I have 470 listed on Airbnb in total. But you're killing it. Yeah, they're not all active because I I do like a I I found a way to arbitrage without getting leases, so I I have a bunch of timeshares I just ran out across the nation, and I just take the cut out of that, and then I also have a condo, but it's a corporate lease now. But I've been trying to turn the corporate lease condo that's mine into a assisted living facility. I've been trying to do that for the longest time. But I have about yeah, it's about 400 plus listings on Airbnb.

SPEAKER_04 41:45

Yeah, that's how long have you been doing it?

SPEAKER_02 41:48

Um I started February 2017.

SPEAKER_00 41:54

Two years. Oh man, you get in and kill. Wow. Yeah, exponential growth. That's amazing.

SPEAKER_02 42:03

Yeah, but I'm trying to I'm I'm investing like most of my money in like to the technology around Airbnb. Because I see that's where a lot of the people are making their money now. It's like off these little apps, you know, like the turnover BB and the smart, the price labs and stuff like that. That's what like people are making, like Steve always calls it the picks and shovels.

SPEAKER_00 42:25

Yeah, that's a way that's a good so what you're paying for development and like working on a new one or something?

SPEAKER_02 42:30

Well, not even a new Airbnb, just like a new development to automate some of my systems that I have a VA do. If I can eliminate the need for a VA and more or less have technology be the main put basis, then I can I can save on a lot of costs and increase my revenue.

SPEAKER_00 42:47

Oh man.

SPEAKER_02 42:48

Yeah, so it's it's just a matter of you know finding what works.

SPEAKER_01 42:53

So the um Live Let Thrive app coming soon, right?

SPEAKER_00 42:59

Hey, I'll definitely be checking for it. You've definitely done your research. I could tell that just from a few minutes on the you know, on the on the on the voice call with you.

SPEAKER_02 43:07

Yeah, so where where else do you advertise? Do you advertise anywhere else besides Airbnb?

SPEAKER_00 43:11

Mm-mm. Just on the platform.

SPEAKER_02 43:13

Platform? Yeah, see. See, you you probably in yeah, in Allegheny County where you're in Pittsburgh. Yeah, I noticed like VRBO, it's more or less a lot of rural, out of out of their places, but you will get more money on VRBO though.

SPEAKER_00 43:27

Like I do uh booking, booking.com too. Yeah, yeah. How did now how what do you think? I don't like it. I don't like bookings.com at all.

SPEAKER_02 43:38

Yeah, I I I've put one of my places back up there on booking because um I was down in Miami with some old friends of ours and they told me, get on booking.com because they automated it, which the automations are pretty good that they have now, but I haven't I got I have one reservation through there at my new place that I listed, but they canceled.

SPEAKER_00 43:57

So Yeah, that's what I get a lot. People that cancel. And whenever they cancel, it doesn't take it off of my Airbnb calendar. So that day will show still blocked on my Airbnb calendar. So I mean, I guess I could have probably called somebody about it, but you know, I don't I don't get that many listings through it. So whenever you know the email comes through or that you know the notification pops on the phone, I just go into the app and manually unblock it.

SPEAKER_02 44:23

Yeah, you should you should definitely check out home away and VRBO, only because it's like baby boomers are on there and they're willing to pay double of what they pay on Airbnb. Like I rented a room out a private room upstairs that I usually rent between 30 to 50 a night for like 80 a night.

SPEAKER_00 44:41

Just for an older couple. And home away is VRBO, right? Yeah, correct.

SPEAKER_02 44:48

Okay. Yeah, man. But yeah, man, you're you're killing it. All you need is just you keep growing, man. It's gonna shoot through the roof for you, man. I was like, I was like, two hours, on it, jeez. I like I like that model of how you set up those suites.

SPEAKER_00 45:03

Yeah, the suites turned out to be a really good thing. And you know what the wild thing is about the suites? The whole thing I've had it open since 2018, January of 18. And right now, in August, Rossini's about to move. But the first year I had James there, who was uh uh he was working for the power company. For some reason, they were like working up here. I run out the suite for $1,200 a month. And you got four of them in it. And I have four of them in it. So I mean, you know, even off of Airbnb, it still makes sense because the mortgage on that house, I think, is like a thousand dollars. It's a little bit over a thousand dollars. So, you know, I could put I could put, you know, just even if I wanted to keep it legal, I could do three suites that were rented out for twelve hundred a month, and we have traveling nurses, all kinds of stuff that comes into Pittsburgh. So, you know, like that it works off the site as well, you know.

SPEAKER_02 46:02

Man, that's the killer right there. If you get those travel nurses $1,200 a month for three, four man, mortgages a thousand. Oh, yeah, you're in there.

SPEAKER_01 46:10

You in the Airbnb, I'd be doing that. Just rent all four like that.

SPEAKER_00 46:16

You know what? The reason why I don't is just because uh the inspector, whenever he came over, like, you know, when I was closing out the building permits and all of that, he walked through and was like, there's four suites in here. Well, you know, you know, if we catch you renting to four people long term, there's like six-figure fines. Like, I don't know. You know how sometimes cops and inspectors make it sound like it's worse than what it actually is. So I don't know if he was, you know, exaggerating. I imagine he was, but he said enough to scare me out of it. I said, you know what, I'll just keep these on the Airbnb until I do some research into it, you know.

SPEAKER_02 46:50

Yeah. Dang. So if you go over 30 days, they can it breaks the code.

SPEAKER_00 46:56

Right. I mean, but if somebody tells them, but thankfully my houses are in the hood, so who's telling?

SPEAKER_01 47:06

So tell us about your um how you how you're putting these videos out there, because that's a really cool concept, and that's starting to spread, you know, spread the word on what you're doing. I mean, how how is that working for you? How'd you get into that?

SPEAKER_00 47:20

Well, you know what? Whenever uh what in November, last November, I started a construction company. So I was doing, you know, construction, like the first few videos, I'm like just kind of like on my own project working on it, stuff like that. And it was really so I could get extra money to get the uh assisted living house up and running. Well, once I got that up and running, I realized that working for other people is annoying. So I'm like, you know what, let's shut down the construction. So I the whole point of the YouTube channel was originally just a business card for the construction, just so people could see what was going on. And most of my jobs I got through either YouTube or Facebook videos. And, you know, it worked out pretty well. But now that I don't do that anymore, I just kind of put it on there for information. Like, you know, if somebody can get some value out of it, then you know I'd share it. And I like talking about this kind of stuff. So, you know, it's like a hobby for me as well.

SPEAKER_04 48:15

So that's I mean that's pretty much it.

SPEAKER_01 48:20

Is he using any of the outlet outlets like Instagram or Facebook to promote? Oh, the videos? Yeah.

SPEAKER_00 48:27

Yeah, yeah. Whenever I uh usually whenever I drop a video, I put it on Facebook, uh, Facebook groups and Instagram. But you know, I don't have much of a following on Instagram. I think my biggest account has like 500 people. So, you know, there's not a lot of people that see it, but it's it's funny because whenever I'm out around Pittsburgh, a lot of people know me. Oh, I have like a big F-250, like a lifted 2019. It gets a bunch of attention, you know, it's a platinum. And uh I have my logos for the YouTube channel on there. So like a lot of people that see me around Pittsburgh, you know, like we stop and talk real estate. I meet realtors. It's just really good for networking, having the YouTube channel, even if you're not making money off of it. And you create a community where you can talk about topics that you want to talk about, you know.

SPEAKER_02 49:13

Man, hold on. You're promoting on like your cars and stuff, right?

SPEAKER_00 49:18

Yeah, yeah, the truck. As a matter of fact, the the video that I just posted like two days ago, I uh showed a YouTube thing on the side of the truck. Whenever I'm like doing a little intro into the video. I was talking about how if you're buying a house, you should get a sewer camera. Because uh that sewer line, you're responsible for it to where it catches the main. So if it catches the main across the street and through the neighbor's yard, that's what you're responsible to for. So $150 for a sewer camera can save you thousands, tens of thousands, depending on where that main's at, it can save you so much money. But in that video, I like show part of the truck, you know, while I was going through it.

SPEAKER_02 49:59

So where are you getting your shirts made at with your YouTube and all that on it?

SPEAKER_00 50:03

Oh, uh artistic graphics, little local place in here. Here, let me turn this on so I can get some light.

SPEAKER_02 50:10

Oh man, we gotta start doing that on the truck. I like that idea, man. That's smart, man.

SPEAKER_00 50:16

All right, yeah. And you know what? Just uh here, let me wait for it to stop beeping. Oh, the doors open, that's why. Okay. So yeah, just uh I I used to uh I remember I was doing a job over in homestead, and I leave out from my uh from my townhouse, and I noticed this blue Impala just following behind me. And I was like, Huh, that's weird, you know. Went to the job site, get to the job site, leave out around like 10 o'clock to run over to the Airbnb's, turn them over real quick. The same blue impala is behind me again. So I'm like, why is there a car following me? So then I get back to the job site, now there's an explorer sitting outside the job site, right? And sometimes whenever you're younger, instead of an $80,000 truck and they see the Corvette and all that, they assume things about you. So having that built for builds on there, you if you have any questions, you can go right on my YouTube and see exactly what I'm doing and how I'm making my money. And uh, so uh you know, it actually works out pretty well in on that regard, too, because man, people are funny out here. Like wow.

SPEAKER_02 51:27

Yeah, you gotta face that scrutiny. I know what you mean. So I mean, you know, it's a blessing.

SPEAKER_01 51:34

But so also, so you're advertising on your truck. So you your whole truck is uh is a financial write-off, right? Because it's a bit a billboard.

SPEAKER_00 51:44

Oh yeah, that's that's the reason why I bought it, yeah, for sure. Oh, I wouldn't have spent 80 on a truck if it wasn't. I'll tell you that much right now. So it's a business expense. It's a business expense with massage seats, you know.

unknown 52:01

Massage seats.

SPEAKER_01 52:03

Thank you, Uncle Sam. Thank you for that.

SPEAKER_00 52:06

And you know, um, I can't remember what it's called, but uh, what was it? What was it? My accountant was telling me about it. And basically the concept is you can buy something and like like the truck. I could buy it and write off the whole value of the truck the first year. So if you know you're gonna have a heavy tax liability that that year, that's why you'll see a lot of big trucks for construction companies. Because they're buying them and trading them in every year, and if you buy a diesel, it doesn't depreciate that much. So you can literally get that whole tax break and then trade the truck in, and you really didn't spend that much money to hold it for a year. So there was that too.

SPEAKER_01 52:47

Yeah, it's something like advanced depreciation or something like that.

SPEAKER_00 52:51

Yeah, I think she called her like section, it was like some kind of section, like section 209, or I can't remember exactly what it was called. I'll have to ask her.

SPEAKER_01 53:00

You do that too, Micah? Your vehicles' business expenses.

SPEAKER_02 53:04

Yeah, my my truck is. I you I definitely use my truck as a business expense. And I'm about to definitely about to put some more uh expenses on it when I put the the Live Let Thrive logo up there. For sure. Good idea, man. We've learned a lot tonight.

SPEAKER_01 53:22

Oh man, this is awesome.

SPEAKER_00 53:24

Hey, so did I, man. You guys are it's I've I've never sat down and talked to other hosts before, so it's cool talking to y'all.

SPEAKER_01 53:31

Oh, thanks, man. Um so so what would be, I always ask this question. One uh from doing Airbnb from and um you you got your own experiences and stuff, your own, you know, the way you do things. And what is one thing that you've like one tip that that's a David, a DFW tip that you can give our listeners, that one thing that you haven't really heard anywhere before be like, oh, this is this is legit, this is what I I I want to tell people.

SPEAKER_00 54:00

DFW says jet tubs and rainheads. Seriously, if you look through my reviews on um, I think it's Dave's play, Spitzburg, and like you'll see everyone mentions that bathtub. And whenever I have guests that come back, as a matter of fact, Suite Three, the one that I run out on a long-term basis, it doesn't have a jet tub. And no one misses it because you know there's no jet tub. That's that's uh has a lot to do with the allure. So if you're in an area where there's no attractions within walking distance or no other reason for them to come to your listing, you need something. You either need like a nice floor plan or even uh nice decorating that could pull people in because Airbnb is all based off of pictures. So if you can show them something unique, you'll get listings. Uh bookings, bookings, hopefully.

SPEAKER_03 54:56

Okay, tubs and rainheads.

SPEAKER_01 55:01

That's it. I like that. Sounds like a song or something. Yeah, well, this has been a great interview, man. You should. It'll be your intro to your um to your YouTube videos. That'd be awesome.

SPEAKER_00 55:16

Yeah, you catch it on YouTube. Jet Tubs and Rainheads.

SPEAKER_04 55:20

Jet Tubs and Rainheads. And uh always boom, boom, boom.

SPEAKER_01 55:31

Where the where the girls go, the guys follow, right? No doubt. Well, cool, man. This has been a great interview. Uh what so where can people find you?

SPEAKER_00 55:42

YouTube at BuiltForBuilds. It's built number four builds. All one word.

SPEAKER_02 55:49

Yeah, I'll definitely be advertising that and your Instagram, all that, man. Man, it was good talking to you. Keep up with those videos. I like those videos.

SPEAKER_00 55:58

Uh I appreciate it, bro. Definitely. Yeah, I'm uh um, you know, y'all know I'm just getting started with it. So the only downside to starting a YouTube is when people are like, oh, how many subscribers do you have? I'm like, 91. I think it's 93 now, but whatever. So yeah, you know, I just like building stuff, so you know, I'll be happy once you know I finally hit that thousand mark, you know. Definitely.

SPEAKER_01 56:22

Sweet. It's great talking to you, man. We hope to interview you again in the future. And uh good luck on your on your journey. All right, cool. Appreciate it, guys. Definitely. Peace. Later.

SPEAKER_05 56:36

Thank you for tuning in to this week's episode of Live Let Thrive. Be sure to tune in next week for all the latest in the world of Airbnb and all that entails. Bye-bye.