Chi Ta Reviews (Updated 2024): Is The BNB University Legit?
Introduction To Chi Ta Reviews
Hello and welcome to my Chi Ta Reviews!
If you've landed here, chances are you're intrigued by Chi Ta and eager to learn more.
No need to worry, I've got all the details covered for you!
In the upcoming sections, I'll dive into comprehensive details about Chi Ta, covering topics such as:
- Who is Chi Ta?
- What does Chi Ta do?
- What is BNB University?
- What to expect when you sign up?
- How much does it cost to join?
- Is there any truth to “Chi Ta scam” claims?
Taking a few minutes to explore this could spare you from setbacks and save valuable time.
Ready? Let's dive into the pros and cons without further delay:
This Chi Ta review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.
- Chi Ta has a wealth of experience as a seasoned real estate investor, which means you can learn from a real pro.
- The program includes fast-paced modules, which ensures a quick and engaging learning experience.
- The course shows students' results, which means you'll get proof of success.
- You need a minimum of $2,497 to get started with the course. This means you need to make substantial investment.
- The course has less than 4-5 hours of combined video and handout content, which means you'll get limited information.
- The program does not outline coaching benefits, leaving potential uncertainty about the level of personal guidance provided.
Why Listen To UsMy name is Josiah, and this is my Dad, Joel.
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.
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:
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:
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!
TLDR - What’s The Verdict On The BNB University Review
For those of you who want quick answers, here it is:
No, I don't recommend Chi Ta's BNB University.
To clarify, I'm not suggesting that Chi Ta is trying to scam anyone with the BNB University. No scam alert here.
Yet, success in rental arbitrage isn't guaranteed.
There are financial risks, and economic and health factors can affect profits. Dealing with tenant issues and maintenance adds stress.
If you want a simpler, scalable side hustle without property management stress, check here.
Who Benefits From BNB University And Who Should Stay Away From Chi Ta?
Chi Ta can assist you if:
- You're already involved in rental arbitrage and seek additional support and guidance.
- You have surplus cash and are open to taking significant risks.
That said, BNB University may not work for you if:
- You expect a different training than what you already saw on YouTube. As these Redditors said, you don't need any coach or guru. Everything you need to know is available for free online.
- You want unique and honest coaching. This YouTuber claims that Chi Ta is a copycat of Tai Lopez.
- You are looking for public reviews online. The BNB University doesn't have Trustpilot or BBB reviews.
Chi Ta Airbnb University: 1,000 FT View Of This Business Opportunity
|Level 1 - free, Level 2 - $2,497, Level 3 - price upon inquiry
|30-day money-back guarantee
The BNB University runs on the real estate business model, specifically rental arbitrage.
The rental arbitrage business model involves leasing a property from a landlord. Then you will furnish and list it on short-term rental platforms, such as Airbnb, to attract guests.
The goal is to generate rental income that covers the lease payments and other associated costs.
It comes with responsibilities like property management and guest services. Success depends on factors like demand fluctuations and regulatory changes.
So, making careful research and effective management is vital.
About The Guru - Chi Ta Reviews
Chi Ta founded BNB University in 2020, inspired by his own journey as an experienced real estate investor.
After his company Senior Advantage Association faced challenges in 2017 due to changes in reverse mortgage qualifications. This is the time he turned to Airbnb for income.
Making $5,000 from his property covered his $3,900 rent and fees. Recognizing Airbnb's potential, he started an arbitrage business using his industry knowledge.
Within nine months, he earned six figures monthly from 30 properties. This totaled into $2.4 million in a year, establishing himself as a highly successful Airbnb host.
|# of Followers
How Much Does It Cost To Join BNB University?
The Level 1 Introduction Course is entirely free. It offers an accessible entry point for those curious about Airbnb rental arbitrage.
For a more in-depth learning, the Level 2 Management Course is available at a cost of $2,497. representing a notable investment with potential long-term benefits.
Information about the Level 3 Rental Arbitrage Course is undisclosed. Interested students must directly inquire through Chi Ta's Instagram page.
This lack of transparency might raise concerns for potential students.
If you've been following my ScamRisk journey, you're aware that I've dived into various money-making programs and explored gurus like Chi Ta.
My perspectives are grounded in hands-on experience, having personally tested these programs.
Given the plethora of mixed reviews, the challenge lies in determining trustworthiness.
Here's my approach to evaluating a real estate program like BNB University:
- Guru's Real-world Experience: Assess Chi's practical experience in managing business and real estate.
- Community Support: Verify if the program offers a private Facebook group or online community. Support is important during challenging times.
- Program Value: Examine the value relative to the program's price.
- Creator's Transparency: Consider whether Chi Ta is transparent about costs, upsells, refunds, and other essential details.
- Public Feedback: Investigate what others are saying, seeking feedback from sources like Trustpilot, Reddit, or the BBB.
My Recommendation On Chi Ta's BNB University
Now that you already know how to evaluate a program like Chi Ta's, let's apply this to BNB University specifically.
Let's start with the positives.
Chi Ta has a real-world experience in rental arbitrage, so the experience of the guru is a positive.
With hard work and dedication, it's possible to make your money back in Airbnb rental arbitrage business.
Now, here are the five reasons why I don't recommend BNB University:
- Financial Risk: Engaging in rental arbitrage often requires a significant upfront investment. If the property does not generate the expected rental income, it can result in financial losses.
- Property Management Challenges: Managing multiple properties can be time-consuming and demanding. Dealing with tenant issues, maintenance, and unforeseen problems can add stress to the process.
- Dependence on Third-Party Platforms: Rental arbitrage involves listing properties on platforms like Airbnb. Relying on these platforms makes your business susceptible to changes in their policies. This can affect your property's visibility and bookings.
- Fluctuating Occupancy Rates: The demand for short-term rentals can be seasonal or influenced by external factors. These can be economic conditions or public health concerns (as seen during the COVID-19 pandemic). Fluctuating occupancy rates can impact your rental income.
- Competition: As the popularity of short-term rentals grows, the market becomes more competitive. Standing out and attracting guests can be a challenge, particularly in saturated markets.
What's Inside BNB University?
In BNB University, there are three distinct levels of courses. Each offers unique information for you to have your own Airbnb arbitrage business. It goes beyond the usual how to become a real estate investor content.
Here's a breakdown of the modules for each course:
- Level 1 - Airbnb Intro Course (Free): This course provides an introduction to Airbnb listings. This showcases the profitability projection of rental arbitrage. It guides participants on compounding income and building a lasting real estate empire. Notably, this introductory course is offered for free.
- Level 2 - Management Made Easy Course ($2,497): This one is geared towards earning six figures or more in six months or less. This course focuses on property management. It does not dive into the arbitrage aspect of the business.
- Level 3 - Arbitrage Course (Price Upon Inquiry): To access the arbitrage course, one must inquire through Chi Ta's Instagram page. Unfortunately, no pricing details are disclosed, even on the official BNB University site.
Conclusion - To Buy Or Not To Buy
No, I don't recommend buying Chi Ta's BNB University.
Sure, you can give the FREE Level 1 - Airbnb Intro Course a shot – no harm in that.
Yet, if I'm shelling out a couple of thousand dollars for a coaching program, I want to ensure I'm getting every bit of value.
What I'm saying is, I'd prefer a program that teaches solid skills with less risk on my part.
What Is My Top Recommendation In Making Money Online In 2024?
After exploring various business models, Digital Leasing stands out as my top choice for beginners stepping into the online business arena.
- Flexibility First: Real estate arbitrage lacks time flexibility due to ongoing management of property rentals. Addressing tenant concerns and handling property issues demands a continuous and time-sensitive commitment.
Unlike time-consuming real estate arbitrage, digital leasing is flexible. Whether you have an hour or want to go full-time, it's called "passive income" – less effort, more gains.
- Ownership and Control: In real estate arbitrage, you lack ownership and control because you are leasing properties from landlords. The ultimate decision-making authority rests with the property owners. Whereas, Digital Leasing gives you full ownership, putting you in control with 90-95% profit margins.
- Low Startup Costs: An Airbnb business involves high upfront costs. This is due to expenses related to property leasing, furnishing, and setting up accommodations for short-term rentals.
This is not the case with Digital Leasing.
Dive in with minimal upfront costs, possibly getting paid before spending a dime. Your first property can be up for less than $100.
- Minimal Ongoing Expenses: Say goodbye to high monthly expenses. Digital Leasing keeps it simple with minimal maintenance and costs.
- Easy to Duplicate: Once one digital property is running, doubling your income is easy with a few clicks and keystrokes.
- Helping Real People: Beyond the numbers, Digital Leasing lets you help local businesses thrive, making money while making a real impact.
The choice is yours. Keep exploring or join a community of over 2,000 successful students living life on their terms with Digital Leasing.
Enjoy a steady, semi-passive income that doesn't demand constant attention.
Your success isn't just about numbers – it's about genuinely helping real people grateful to pay for your services.
If a consistent, flexible income and helping others align with your goals, click here to learn more about Digital Leasing.
#1 Business Recommendation
We each make around $10,000 per month with the help of this system.yes, show me more