TLDR – What’s The Verdict On The Brian Page AirBnB Formula?
Okay, let’s talk about BnB Formula. At this point, you’re probably wondering is it’s a good program to join. Well, it’s not as easy as that. I have my own thoughts, which I’ll share later.
Let me start by saying that Brian Page, the creator of BnB Formula, is a good person with no intentions of scamming anyone. You can actually make some good money if you listen to what he says.
But here’s the situation – the program is a little pricey. When you think about what you’re getting for that price, it might not be the best deal. This is especially true if you want to be a real estate investor with lots of passive income one day.
Let’s say, as an investor, you’re able to control many different types of properties, from single-family bread and butter homes to multi-family apartment complexes to even huge commercial skyscrapers that you see downtown, and you’re making money hand over fist.
Now let’s imagine that you lost control of all those properties almost overnight. Where would that leave you? That’s right, no money coming in.
It’s like you’re a chef who runs multiple food trucks, each selling a different type of cuisine. Each truck is a way to make money. The next day, all your trucks break down at the same time. Now, you’ve got no way to cook or sell food.
That’s what it’s like with this AirBnB arbitrage.
If you want to make money by managing these AirBnB properties, then BnB Formula might be right for you. Just keep in mind that if something catastrophic happens, like a flood or tornado, or something as simple as the property owner getting an uneasy feeling about your tenants, then you’re out of business
I think you’d be better off with a program that teaches you lots of different ways to own properties.
Why? Because then your assets and income are secure.
The big takeaway here is that BnB Formula isn’t for everyone. You really have to think about what you want from it.
My recommendation is to look for an opportunity that is similar to traditional real estate investing in theory, but allows you to avoid the mess that comes with that (dealing with tenants, tight profit margins, inconsistent cash flow, etc). And that program is Digital Leasing.
Area | Score | Description |
---|---|---|
Time Investment | 4/5 | The program lasts 8 weeks, which means you can potentially start making money in less than 90 days. However, I can be time-consuming to look for properties to get under contract |
Level of Control | 2.5/5 | This can be a “catch 22”. You don’t need to own any property at all, giving you flexibility. However, the homeowner could stop hosting at any time. |
Ease of Implementation | 3/5 | The program provides step-by-step instructions, making it easier for beginners. Renting and managing the properties can be difficult, especially in the last couple of years due to the pandemic. |
Profit Potential | 3.8/5 | You can potentially build a passive income stream, but the actual profit margins on real estate investments can be relatively low. |
Who Should Consider BnB Formula And Who Should Look Somewhere Else?
OK, let’s get right to it. BnB Formula teaches you how to make money by managing other people’s vacation and get-away homes. So, you could look into this program if you relate to the following:
- If you’re new to AirBnB Arbitrage, have a small side hustle and want to learn how to become a real estate investor with little upfront risks.
- If you have tried your hand at real estate investing and want to branch out into different areas of real estate.
- If you’re already renting out AirBnb properties and would like to start doing it on a larger scale.
If, however, the idea of being responsible for other people’s property, or if any of the following sound like you, maybe you should look for something else:
- This Reddit user says he’s interested in Brian Page’s BNB Formula, which is about renting a place and then listing it on Airbnb. He’s talked to landlords who are okay with it, but he’s worried because some cities, like Anaheim, are making short-term rentals illegal. He fears getting shut down by the city, even if he has a lease.
- This BBB user said that he saw an ad featuring a trusted business figure and thought it was a good way to make money with rental properties. He talked to Frank and Mike, who convinced him to take a $10,000 loan, saying it would be an easy side hustle. After getting the loan, he couldn’t reach them, and the training was worthless. Worst of all, he found out he’d have to break rental laws, something he wasn’t told when he signed up. He now believes the program is a scam.
- Another Reddit user said that the program costs nearly $2,000 upfront with no guarantee of making it back. The daily tips they offer are very basic. He also sees that they have ties to other get-rich-quick plans. Finding rentals for short-term subletting is tough in today’s market. He works in real estate and has seen many people lose money on similar courses. He thinks the promise of making $100,000 a year for a $2,000 investment is a stretch.
Brian Page And BnB Formula: A 1,000 Ft View
The specific type of BnB business that Brian Page is teaching you is known in wider real estate investment circles and AirBnB arbitrage.
It fits into the broader category of “Real Estate Investing”, and is sometimes thought of as an easy way of investing without much of the down-side risks
Whichever way you choose to slice it, Brian Page is teaching you a way to start making money in real estate.
The main criticism that I have with this type of real estate investing is just not as secure as what is taught in this Pace Morby course, or in this Jerry Norton real estate program.
It’s important because you’re dealing directly with homes that people own and even love, so you don’t want to get involved into something that could end up becoming a liability.
The Brian Page AirBnb (Rental Arbitrage) Business Model
The Airbnb Arbitrage business model is all about renting properties long-term and then subleasing them on short-term rental platforms like Airbnb. In simple terms, you rent a place from a landlord and then rent it out to travelers for short stays.
Managing multiple properties is made easier with specific software, which helps you keep track of bookings, payments, and other details for all your rental units. This means you can grow your business quickly.
Also, you don’t have to worry about many of the expenses that property owners have, like mortgage payments or maintenance costs. You pay a flat monthly rent to the landlord, and that’s it.
Just keep in mind that you still have to pay rent to the landlord every month, whether you have bookings or not. If a guest damages the property, you’re responsible for repairs.
You also need to make sure you’re following all local laws and regulations, which can sometimes be strict about short-term rentals
So, while Airbnb Arbitrage can be a lucrative business model, it’s essential to do your homework and understand both the benefits and the risks involved.
How Do You Make Money With The AirBnB Arbitrage Business?
You make money by charging the short-term renters more than what you pay in long-term rent. This model is pretty straightforward and has gained a lot of popularity in the Airbnb community.
The idea is like buying a product at a lower price and selling it at a higher price, except here the ‘product’ is rental space.
You don’t need a huge upfront investment because you’re not buying the property. You just pay the first month’s rent, a damage deposit, and maybe some money for furniture and other amenities to make the place ready for your guests.
Who Is Brian Page?
Brian Page is well-known in the real estate world, especially when it comes to Airbnb. He’s from Charleston, South Carolina, and started his journey in 2001 by flipping houses. In 2008, however, during the financial crisis, he lost it all. Brian bounced back, though, by jumping into the Airbnb business.
Source | Link | Quote |
---|---|---|
“#1 Best Selling Author “Don’t Start A Side Hustle” | ||
“Brian Page is an entrepreneur, online educator, and passive income pioneer” | ||
Youtube | Youtube | “To make money in real estate, sometimes you need to think outside the box.” |
In 2016, he founded Thought Axis, Inc. and launched the BNB Formula course. This course teaches people how to make money by listing other people’s properties on Airbnb. The company now makes over $5 million, and the course has more than 25,000 students from 47 different countries.
He co-founded The Medici Society in 2020, a club for wealthy people who want to help solve big world problems. He even started The Page Fund in 2021, a real estate fund that helps investors grow their wealth.
Some people question why Brian makes more money from his course than from Airbnb itself. Plus, there have been scams that hurt the reputation of his BNB Formula course. Despite the controversies, Brian Page is a man who turned setbacks into comebacks and now helps others do the same.
How Much Does The BnB Formula Cost?
The BNB Formula is broken down into eight modules, each lasting a week. It covers everything from preparing and listing your property to automating the business.
It starts at $997 and could go as high as $2,000. There might even be some upsells. Plus, you’ll have other costs like property repairs and rental fees. There is a 30-day money-back guarantee, although the conditions for that aren’t very clear.
Is BnB Formula Legit Or A Scam?
So, you’ve probably been searching online to see if BNB Formula is a scam. The short answer is NO. But it’s also not as easy as Brian Page says it is. You can make money, but you’ve got to work hard at the start. And the money you make might not be a lot.
Let’s say you put your head down for three months – You’re looking for good deals, talking to homeowners, and setting up an Airbnb. After all that, you might only make about $100 a month. Doesn’t sound like a lot, right?
But what if you could work just as hard and make way more money? Like, $500 to $2,000 every month? And what if you didn’t have to wait three months to start making money? What if you could start today and get your first payment in just a week?
Sounds like a good deal, right?
That’s what Digital Leasing is all about. You can do it from anywhere. All you need is a laptop and internet. Some people who are really good at this run their whole business from cool places.
Imagine working from:
- a camper in the mountains
- a beach chair in Cancun
- or even a small house in Northern Italy!
The best part? You get to live your life the way they want. You travel, make memories, and have awesome experiences. Money isn’t your main worry. Even if you take a break and stop working for a while, the money keeps coming in.
You don’t have to stress about paying for your next adventure or asking for time off work.
So, if you’re looking for a way to make money and live the life you’ve always dreamed of, maybe it’s time to learn more about Digital Leasing. It could be the key to unlocking the life you’ve always wanted.
How Is BnB Formula Different From Other Similar Programs?
Let’s take a look at how BnB Formula stacks to other similar programs.
Beyond BnB
Beyond BnB is more about scaling your Airbnb business. It’s not just for beginners but also for those who already have some experience. BnB Formula focuses on teaching you how to build a profitable Airbnb essentially from scratch and offers a step-by-step guide and mentorship. On the other hand, Beyond BnB offers advanced strategies like automating your business, but it lacks the personal mentorship that BnB Formula provides.
Real Estate Robinsons
Real Estate Robinsons isn’t solely focused on Airbnb, it also covers other areas of real estate investing. While BnB Formula is specialized on mastering Airbnb, Real Estate Robinsons is broader and may not offer the same detailed information for Airbnb arbitrage. If you’re looking for a program that’s laser-focused on Airbnb, BnB Formula is the way to go.
Million Dollar Renter
Million Dollar Renter is more capital and labor-intensive, making it less suitable for those who have limited time or financial resources. The goal of BnB Formula, on the other hand, is to make the process easier for beginners and offers a more balanced approach to investing your time and money.
So, in a nutshell, BnB Formula stands out for its focus on Airbnb, its step-by-step guidance, and its mentorship program. It’s designed more for people who are new to the Airbnb business.
My Personal Opinion About BnB Formula
Hey there, if you’ve been reading my stuff for a while, you know I’ve actually made money with programs like BnB Formula. So, I know what I’m talking about. I’ve even checked out the BnB Formula course myself.
So let’s talk about reviews. When you look up reviews for businesses that promise to help you make money, like in real estate or digital marketing, you’ll find a lot of negative comments.
You’ll see these on websites like Reddit, Trustpilot, and even the Better Business Bureau. But here’s the thing: just because someone had a bad experience doesn’t mean the course is a scam.
Usually, people who are unhappy are the ones who leave reviews.
How can you know if a program like BnB Formula is good for you? Here are some things to think about:
- Real Experience: Does Brian Page, the guy who made BnB Formula, actually know what he’s doing? Has he run a successful Airbnb business himself? If yes, that’s a good sign.
- Mentoring and Support: Running a business is hard. You’re going to face challenges. So, it’s really helpful if the program offers a private group or coaching to help you when you’re stuck.
- What You Get: It’s not just about how much the program costs. It’s about what you get for that price. Are there helpful videos? Do you get templates or other resources? The more you get, the better.
- Honesty: You want to know upfront about any extra costs. Some programs try to sell you more stuff after you join. You should know if that’s the case here.
- Success Stories: Finally, look at how other people are doing in the program. Sure, listen to public opinion, but also check out what people in their private community are saying. Are they making money? Are they happy with their purchase?
Would I Recommend BnB Formula?
I just showed how to evaluate a program, so now I’d like to apply that here:
What I Like:
- Making Your Money Back: If you work really hard, you can probably get enough Airbnb clients to earn back the money you spent on the course. So, it’s not like you’re throwing your money away.
- Getting Your First Client: It might not be super easy to get your first client, but it’s doable. The course gives you the tools you need to make it happen.
- Brian Page’s Experience: The guy who made this course, Brian Page, has actually done this Airbnb stuff himself. That’s a big plus because he knows what he’s talking about.
- Cost vs. Free: If this course was free, it would be a no-brainer to check it out. But it costs $2,000, so you have to think more carefully about whether it’s worth it.
- Brian Page’s Character: Brian seems like a decent guy who’s just trying to make it in the real estate world. It’s hard to blame him for trying to share what he knows.
What I Don’t Like:
- Community Support: Some people have said on websites like Trustpilot and Reddit that they didn’t get good help from the community. That’s a big deal because part of what you’re paying for is to be part of a helpful group.
- Quality of Training: I’ve seen the training videos, and to be honest, they didn’t wow me. They were too focused on theory and not enough on real-world action. If you’re going to spend $2,000, you want to know that the training will really help you succeed.
- High Expectations: Maybe I expected too much because I’ve seen some really great real estate training programs. But for me, BnB Formula didn’t meet those high expectations.
- Miscommunication: This BBB user said e applied for a loan with BNB Formula but wasn’t happy with the service or customer support. Even after he told them to cancel the loan, they processed it anyway. Now, he’s stuck with a payment due soon and no response from the company.
What’s Inside BnB Formula?
The course is broken down into eight weeks, each focusing on a different aspect of running an Airbnb business.
Week 1: Preparation
The first week is all about getting ready. You’ll learn how to plan your business and use tools that save you time.
Week 2: Partner
This week teaches you how to team up with others or hire help. The goal is to not be stuck at your computer all day.
Week 3: Identify
You’ll learn how to find Airbnb properties and make deals with homeowners. This way, you can advertise their places and stat making money.
Week 4: Stage
This week is about making the property look good for you guests. You’ll learn how to surprise guests with little extras that make their stay special.
Week 5: List
Here, you’ll create your property listings. You’ll learn how to set up your calendar and start getting bookings.
Week 6: Start-Up
The first 30 days are crucial. This week teaches you effective strategies to boost your income and make running your business easier.
Week 7: Automate This week is about making your business run itself. You’ll learn how to work less while still making a full-time income.
Week 8: Rinse And Repeat
Now it’s time to grow. The more listings you have, the more money you can make.
My Conclusion: Should You Join BnB Formula?
I would have to say that joining BnB Formula wouldn’t be a terrible decision. You get a decent amount of training for the cost, but the support could be better.
Also, I would say that even though AirBnB Arbitrage is a good introduction into real estate investing, the potential is not as impressive as other programs.
It’s just not the best option.
What Is My #1 Pick For Making Money In 2024?
I have spent years 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.
2) You Own & Control EVERYTHING: Imagine that you’re managing an AirBnB home and find out that the homeowner is coming in to town for the Summer. So they decide to stop renting it to you and your guests. Now, you’re out 3-4 months worth of income, which is bad enough.
Now imagine that your guests had a family emergency and cancelled their reservation. This is a double whammy because not only are you losing the income from the guest, but you STILL have to pay the homeowners for the amount of time you agreed upon, which puts you in the RED.
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.
3) Little To No Startup Costs: WithAirBnB Arbitrage, at least for long-term contracts with the homeowner, you would need to come up with the first and last months rent in addition to the security deposit.
So depending on the size of the home, that could mean thousands of dollars right out of the gate, not including the monthly rent you would need to pay while you’re waiting for a guest.
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.
4) Minimal Ongoing Expenses: With AirBnB Arbitrage, monthly expenses can HIGH, especially during the listing phase. It’s possible that your BnB could sit empty for months.
Between rent payments to the homeowner, ongoing utility payments, and upkeep, you see how it can quickly eat into your profit margins.
With Digital Leasing, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.
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 AirBnB Arbitrage, 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.
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.
Now, the choice is yours. You could continue browsing, looking at opportunities like what Brian Page teaches about in BnB Formula 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.
7 Responses
How can I speak to a customer service representative immediately before my order goes out.. What is the number to
I HAD TROUBLE PLACEING MY ORDE AND ORDERED TWICE… please help!
2163383999
Hi Taunya, I am not associated with Brian Page. The most I could recommend is to keep knocking down his door. I would try the customer service number/email, then trust pilot, then BBB, you’ll get a response from him or his team sooner or later. Sorry this happened to you.
Did you get ahold of him yet? If not I have a representative if his phone number.
Thanks for this review. I saw an add for this on YouTube & had to come see if he was doing rentals for: (houses or apartments) because if he was sending folks to apartments – as a Property Manager for over 15 years I can tell you subletting/subleasing is a 100% breach of contract & can result in everyone getting evicted. I can see how this ‘could’ work with homes for rent but with COVID + depending on the area you’re in (I’m in Houston) – I’m not sure how much you’d spend (advertising/lead generation/etc) vs. how much you’d have left over as profit.
so this guy is why Air BnB has gone to crap lol
Seems like a decent proposition, but I can’t help but feel for the people who are having a hard time affording a home with today’s markets…I’m sure a ton of the house flipping/AirBnB industry is at least partially responsible for this.
Well, them and Vanguard/Blackrock (Bill Gates types)…
i tried but it was difficultt to understand. this review explains much to me, friend. i thank you – can you maybe help me with passive income? want to live the good life
– Raj