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STR Accelerator Review (Updated 2024): Is Robert Iacob A Scam?

By: JosiahSep 29, 2023Real Estate
STR Accelerator Review (Updated [year]): Is Robert Iacob A Scam?

Whether you're a real estate mogul or just a curious newbie, buckle up for a wild ride through the world of short-term rentals as we dissect STR Accelerator's content, features, and overall worth.

Come on board as we explore the course's curriculum, the instructor's mastery, and the nitty-gritty tips that can skyrocket your triumph in the dynamic world of short-term rentals.

Prepare to discover the keys to a successful short-term rental empire without the hassle of actually owning any property.

Can STR Accelerator help you to turn your financial dreams into reality? Or is it a scam ready to take your money?

Let's see!

DISCLAIMER:

This STR Accelerator 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
  • Lifetime access to the course
  • Comprehensive training on STR
  • Provides certificate of completion
CONS
  • Pricing depends on the platform chosen
  • Lack of up-to-date content
  • Limited guidance & personal assistance

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!

STR Accelerator is a real estate investing program.

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

  • Flipping
  • Wholesaling
  • Long-term buy-and-hold

Regardless of which path you go down, there is a lot of potential with real estate investing.

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

However, before you leave this STR Accelerator 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:

  • Low cashflow
  • Interest payments
  • Mortgages
  • High overhead
  • Expensive repairs and maintenance
  • Problematic tenants

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 STR Accelerator, keep reading.

What Is STR Accelerator?

what is str accelerator

Robert Iacob's STR Accelerator is a comprehensive real estate investment course designed to teach you how to establish a successful short-term rental business, all without the need to own any properties.

This user-friendly program equips you with the knowledge and skills necessary to thrive in the realm of Airbnb and rental arbitrage, while also addressing key aspects such as scalability and automation.

Rental arbitrage, a prominent business model covered in the course, involves leasing a property on a long-term basis and subsequently renting it out on a short-term basis at a higher rate than the monthly cost.

This particular approach is favored by individuals with limited capital who aspire to venture into the real estate industry.

Airbnb arbitrage serves as an exemplar of rental arbitrage, wherein you secure a long-term lease for a property and then list it on Airbnb for short-term rentals. Naturally, obtaining the landlord's permission is crucial to preempt any potential issues.

Who Is Robert Iacob?

Who Is Robert Iacob

Robert Iacob is an accomplished real estate investor, co-founder, and managing director of Sleepover Inc., a leading short-term rental platform.

Renowned for his expertise in the field, Robert not only established and instructed the highly regarded STR Accelerator, a comprehensive course on short-term rentals, but also previously offered an Airbnb mastery program.

Furthermore, he is the visionary founder of HouseKeeper, a seamlessly integrated software connecting cleaners with hosts. While Robert is from Springfield, Missouri, he currently resides in the vibrant city of Los Angeles, California.

What's Inside Robert Iacob's STR Accelerator?

Whats Inside Robert Iacobs STR Accelerator

With a total of 78 lectures, thoughtfully divided into 11 sections, you will gain access to 4 hours of on-demand video training and 4 informative articles.

Whether you prefer learning on your mobile device or smart TV, the training is easily accessible at your convenience.

As a testament to your accomplishment, upon completing the course, you will receive a certificate of completion.

Course Curriculum:

  1. Understanding the Potential of Short Term Rentals (STR) & Opportunity Cost
  2. Conducting Market Research & Analysis for Optimal Results
  3. Mastering the Art of Pitching to Landlords
  4. Establishing a Solid Legal Protection Structure for Your STR Business
  5. Designing and Furnishing Your Airbnb to Attract Guests
  6. Creating Appealing Amenities to Enhance Guest Experience
  7. Differentiating Yourself and Standing Out in the Competitive Airbnb Marketplace
  8. Ensuring Customer Satisfaction and Building a Stellar Reputation
  9. Mastering the Art of Photographing Your Units for Maximum Appeal
  10. Automating Your Airbnb Business for Efficiency and Success

You can join STR Accelerator to embark on an educational journey that will empower you to thrive in the lucrative world of short-term rentals. They also offer weekly live coaching calls and teach virtual assistant scaling system an high converting Airbnb listing.

How To Convince Landlords For Short Term Rental Arbitrage?

how to convince landlords

When approaching landlords to pitch the idea of short-term rental arbitrage, it is crucial to highlight the array of benefits they can reap from allowing property managers to sublet their property on popular short-term rental platforms.

Additionally, emphasize the responsibilities of short term rental hosts will undertake and how they can enjoy a stable income and sustainable business while being relieved of property maintenance concerns.

Benefits for Landlords from Short-Term Rental Arbitrage:

  1. Property Management: Short-term rentals necessitate a higher standard of cleanliness and maintenance. By having a tenant sublet the property as a short-term rental, you can ensure that the property is well maintained and kept clean at the tenant's expense.
  2. Low Turnover: If your arbitrage business thrives, the tenant may choose to extend the lease indefinitely. This translates to a consistent income stream for the landlord, providing financial stability for the foreseeable future.
  3. Reduced Screening Process: With a lower turnover rate, there is less need for landlords to screen new tenants frequently.By engaging in rental arbitrage, the long-term tenant assumes the responsibility of screening their short-term clients, freeing the landlord from this task.
  4. Higher Profit Margin: Justifying an increase in rent can be achieved by accounting for the higher risks associated with short-term rentals.Landlords can also establish agreements with the tenant to receive a reasonable share of their profit, further maximizing their returns and achieving financial freedom.

By effectively communicating these advantages, landlords can appreciate the potential of short-term rental arbitrage as a mutually beneficial arrangement that offers them peace of mind and a lucrative income stream.

How Much Does STR Accelerator Cost?

how much does STR Accelerator Cost

The cost to join STR Accelerator varies depending on the platform you choose. If you opt for Teachable, the price is $297.

Alternatively, BrainLearns offers the course for $199.00. It's important to note that pricing may be subject to change, so it's advisable to check the respective platforms for the most up-to-date information on course costs.

Is STR Accelerator A Scam?

Scam or Legit

So, is STR Accelerator a scam?

Not technically.

You can make money with this program, but it’s definitely not as easy as Robert Iacob 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 STR Accelerator?

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 traditional real estate 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 STR Accelerator 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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