"I Made $10,000,000 with Airbnb Arbitrage" - Humza Zafar

Wealth Busters

14-06-2024 • 54 mins

Humza Zafar is the latest guest on the Wealth Busters Podcast

Humza has a an incredible story from being unemployed to running an 8 figure Airbnb Arbitrage business in a couple of years

I today's episdoe Hamza explains the strategies and mindsets he used to get where he is today as well as advice for investors in the Canadian Real Estate market


Timestamps
0:00 - Introduction and Revenue Insights
0:56 - Welcome to Wealthbusters Podcast
1:30 - Guest Introduction and Background
2:30 - Journey from Canada to the U.S.
3:10 - Scaling the Airbnb Business
5:33 - Insights on Airbnb Industry and Competitors
7:57 - Financial Strategies and Managing Overheads
10:18 - Importance of Profitability and Business Growth
12:40 - Case Study: Moving Furniture and Restructuring Portfolio
15:00 - Class A vs. Class B/C Properties
17:18 - Challenges and Opportunities in Airbnb Arbitrage
19:40 - Utilizing Fast Income for Long-term Investments
22:07 - Case Study: Buying Property in Dallas
24:21 - Alternative Rental Models like PadSplit
26:40 - Strategy for High-End Airbnb Clients
28:46 - Canadian vs. U.S. Middle Class
31:01 - No-Party Policy in Airbnb Business
32:43 - Quitting the 9-to-5 Job
35:08 - Traveling and Living in Dubai
37:33 - Insights on Airbnb Business in Dubai
39:52 - Focus and Expansion in New York
42:20 - Starting Airbnb Arbitrage in 2024
44:45 - Selecting Profitable Cities and Locations
47:09 - Business Credit Card Recommendations
49:32 - Interior Design and Furnishing Tips
51:53 - Overview of New Coaching Program
54:20 - Conclusion and Future Plans