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Airbnb Empire Academy Review (Updated 2024): Is Derek Cheung Legit?

By: JosiahSep 29, 2023Real Estate
Airbnb Empire Academy Review (Updated [year]): Is Derek Cheung Legit?

Airbnb Empire Academy is a game-changing program that aims to revolutionize the world of Airbnb hosting. Led by Chung-fu "Derek" Cheung, this academy offers a comprehensive masterclass designed to help individuals build, scale, and automate their own highly successful 7-figure Airbnb businesses.

In this review, I will explore the key features and benefits of Airbnb Empire Academy. I will uncover how this program equips aspiring and experienced hosts with the knowledge and tools needed to thrive in the short-term rental industry.

Together, let's discover the secrets behind Derek Cheung's remarkable success and the unique offerings that set this program apart. Whether you're a novice looking to start your Airbnb journey or an experienced host seeking to overcome scaling challenges, this review will help you make an informed decision.

Let's get started.

DISCLAIMER:

This Airbnb Empire Academy review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

PROS
  • Personalized coaching guarantee
  • Done-for-you documents and resources
  • Expert guidance from a successful Airbnb entrepreneur
CONS
  • Contains expensive upsells
  • Price might be a limiting factor for some
  • Success depends on personal dedication & effort

Why Listen To Us

My name is Josiah, and this is my Dad, Joel.why listen us

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

why listen us gif

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online

  2. Straightforward-ness of the system to do it

  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

Airbnb Empire Academy is a real estate investing program.

Like most Airbnb investing training courses, you’ll likely be exposed to the “Big 3” investing types:

  • Events
  • Work Trips
  • Long-term buy-and-hold

Regardless of which path you go down, there is a lot of potential with AirBnB.

After all, it’s the world’s oldest wealth-builder.

However, before you leave this Airbnb Empire Academy review and go sign up, you might want to ask yourself:

“Is now the right time for me to get into real estate investing?”

Because, no matter which way you slice it, real estate investing is extremely capital intensive, labor intensive, or both.

So if you’ve only got an hour or two a day, or your savings account is a few zeroes lighter than you’re comfortable with, this might not be the best time for you to jump into real estate investing.

But that doesn’t mean you’re out of luck. It just means you need a system to free up more time and give yourself a stronger financial cushion.

A good way to get yourself there is with Digital Leasing.

Digital Leasing takes all the best parts of real estate investing, while eliminating most of the headaches:

  • Bad Customers
  • Interest payments
  • Mortgages
  • High overhead
  • Expensive repairs and maintenance

And the best part?

Digital Leasing allows you to build a passive income stream that’s actually passive!

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day analyzing deals, cold-calling homeowners, or dealing with contractors.

TESTIMONIAL - Still Getting Paid

If that sounds like something you’d be interested in, check out Digital Leasing.

This is the perfect first step to build recurring income that you can then use to start investing in real estate down the line.

However, if you’d still like to know more about Airbnb Empire Academy, keep reading.

What Is Airbnb Empire Academy?

what is airbnb academy

Airbnb Empire Academy is a comprehensive Airbnb arbitrage course created by Derek Cheung. This step-by-step training program is designed to guide you in establishing, expanding, and automating your very own 7-figure Airbnb business, all without the need to own any properties.

With various packages available, tailored to meet your specific requirements, you can choose from options ranging from the course-only package to the mastermind mentorship program.

Discover the potential of engaging in Airbnb without property ownership through a business model known as Airbnb arbitrage. This innovative approach involves renting out a property and subletting it on the Airbnb platform for short-term rentals.

However, navigating this process successfully is no small feat. Airbnb arbitrage poses unique risks for both hosts and landlords alike, making it crucial to understand how to effectively persuade property owners to allow subletting for short-term rentals.

Who Is Derek Cheung?

derek cheung who is he

Chung-fu "Derek" Cheung is a dynamic Airbnb host, entrepreneur, and visionary behind Airbnb Empire Academy. Hailing from Frisco, Texas, Derek embarked on his journey into the realm of Airbnb arbitrage in 2019.

Prior to that, he dabbled in day trading and eCommerce, exploring various entrepreneurial avenues.

Over the course of three years, Derek's dedication and expertise propelled his Airbnb ventures to remarkable heights. His diverse portfolio of Airbnb listings now generates an astounding annual revenue of over $3 million.

With an impressive network of 187 units spread across five cities, Derek's success speaks volumes about his prowess in the industry.

Recognized for his achievements, Derek has been featured in esteemed publications, including Business Insider.

Additionally, his remarkable journey has amassed a dedicated following of over 146,000 individuals on Instagram, where he continues to inspire and share his insights with aspiring entrepreneurs.

What's Inside Airbnb Empire Academy?

Enroll in Airbnb Empire Academy, and gain access to a comprehensive masterclass that spans ten modules, consisting of 50 lessons, with a total duration of 6 hours.

This step-by-step course is meticulously designed to equip you with the strategies and knowledge and strategies needed to build, scale, and automate your own 7-figure Airbnb business.

When you join, you'll unlock a treasure trove of valuable resources to enhance your journey to a fully automated Airbnb business. These include call and email scripts, automated messaging templates, virtual property manager presentations, and an array of done-for-you documents.

These resources will streamline your operations and save you time and effort. They will help you get one or two months of free rent to instantly boost margins.

Moreover, they offer a unique guarantee to their students. If you haven't secured your first unit within six months, Derek will provide personalized 1-on-1 coaching until you succeed on rental arbitrage, improve cash flow, and achieve financial freedom. There are several positive reviews on their personalized packages.

Who Is Airbnb Empire Academy For?

who is airbnb academy for

Whether you're a novice venturing into the world of short term rental business or an experienced Airbnb host with fewer than ten listings, Airbnb Empire Academy offers comprehensive guidance tailored to your needs.

This program is designed to provide the A-Zs of creating and successfully operating an Airbnb business empire.

For newcomers, the course offers a step-by-step approach that teaches all aspects of starting and running a successful Airbnb business. From setting up your listings to navigating guest interactions, they ensure you gain a solid foundation in the intricacies of the industry.

Experienced hosts seeking to overcome scaling challenges will find valuable insights and strategies to expand their operations effectively. Their expert mentors will guide you through advanced techniques and solutions to maximize your growth potential. They will help you get your market share from the huge volume of the Airbnb industry.

How Much Does It Cost To Join Airbnb Empire Academy?

how much does airbnb empire academy cost

To join Airbnb Empire Academy, there are three different packages available, each with its own pricing:

  1. The Freedom Blueprint: This package is priced at $5,000.
  2. The Freedom Accelerator: This package is priced at $9,000.
  3. Elite Mentorship: The highest-tier package, offering personalized mentorship, is priced at $25,000.

It's essential to evaluate your budget and the value you expect to gain from the program before making a decision on which package to choose. Consider your specific goals, needs, and resources to determine the best fit for your Airbnb business aspirations.

Is Airbnb Empire Academy A Scam?

Scam or Legit

So, is Airbnb Empire Academy a scam? Not technically.

You can make money with this program, but it’s definitely not as easy as Derek Cheung makes it sound.

There’s a ton of work to be done upfront, no real guarantee of success, and - most importantly - the actual profit margins on real estate investments are pretty small.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months - looking at deals, sending out offers, negotiating with the seller and lender to buy a rental property - and then your reward is like $100 a month in profits, it’s not really worth it.

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Leasing.

And, unlike traditional real estate, you can legitimately do this from anywhere. It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

TESTIMONIAL - Saying Goodbye To Our Jobs

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.

Are There Alternatives To Airbnb Empire Academy?

alternatives

Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:

  • Local Lead Generation
  • Digital Leasing
  • SEO
  • Real Estate
  • Website Building

What Is My Top Recommendation For Making Money Online In 2024?

Digital Leasing

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.
Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.

TESTIMONIAL - JUMP ALL IN

2) You Own & Control EVERYTHING: Yes, in AirBnB you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.

A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins.

With Digital Leasing, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.

TESTIMONIAL - Feeling Blessed

3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket...even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

TESTIMONIAL - Scott Lead Gen

4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH. Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim.

Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).

With Digital Leasing, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.

TESTIMONIAL - Done Deal

5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

TESTIMONIAL - Lance Lead Gen

6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either...a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

BOSS OF MY FUTURE

Now, the choice is yours. You could continue browsing, looking at opportunities like Airbnb Empire Academy which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

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