Co-Founder Dave helps dozens of LuxHomePro Entrepreneurs, but he also uses his system to build his own profits and portfolio…
He picked up a fully furnished property for $6,000 per month back in October 2017.
But he was making money long before the settlement date.
He signed the paperwork and provided the deposit on August 15th, 2017, and immediately built the listings for both the VRBO and AirBNB sites.
Within 6 hours, he had his first booking. By the time he took possession of the home, he had over $20,000 in bookings and 4 different groups booked to stay in October.
By the end of his first month leasing the home, he generated over $50,000 in bookings.
After Month 2, he had over $100,000 in bookings.
By Month 3, he was just short of $150,000.
The expected profit from this ONE property in the first year will be between $150,000 – $225,000. Daves expenses with this home are approximately $90,000 for the year. He has already generated a little of $185K in revenue in the first 5 months. If you were to subtract his years worth of expenses Dave has already profited just about 100K, anything he books for the next 7 months is 100% pure profit. This is exactly what you will be taught at the live event.
Next year, based on reviews, how he stages the Luxury Home, price increase, and the extra amenities he will add, he’s shooting for $400,000 in revenue with this one property. That would equate to just over 300K in profit with only 1 home.