So the big question is this, how do you become financially free in today’s world where you can do what you love doing, spend time with the ones you love and provide for your family without being chained and selling your soul to a nine to five corporate America job without having to sacrifice going out to eat so you can pay off the debt faster. The question isn’t, how do you save more?
The question is, how do you make more without spending more time? That is the question and this podcast as the answers. My name is Ryan Enk and this is Cash Flow Dad Life
All right. What’s up everybody? This is Ryan with cashflow dad life and I’m stoked today to bring to you the cash flow Ninja of the world right now, Brian page. And the reason I call them that is because he has made over $300,000 in just six months using a huge new real estate investment strategy in the short term rental market using AIRBNB’s. Brian, are you there?
Yes, I am. What’s going on? I’ve never been called the cashflow Ninja before. Okay.
No, it kind of has a nice ring to it, doesn’t, it does. Just remember you heard it from me first. I might have to, might have to copyright that Brian, but so he calls the strategy the BNB formula and basically what it is is you can get started with this on a shoestring budget even with very little money because you don’t have to actually own the properties. You can make.
Quit your job type of money in just a few months…
You can automate the business to make it passive and work on just a laptop or a cell phone for just four hours a week or less. And you could get started with no credit. Did I miss anything there?
Yeah, no, it sounds too good to be true. I’ll have to have to preface it because it sounds, it does sound amazing, but um, but I, I, yeah, basically what I’ve done is I’ve taught other people to do is, is pretty exciting. I’m very excited to talk about it.
And you’ve gotten some great results from a lot of the people that you’ve been teaching too. And that’s kind of the premise of our podcast and our program is we want to provide people with passive income type opportunities so that they can be financially free. And that’s one of the things that are really like about this is that you can kind of automate the business now. Nothing is entirely passive, but you’ve gotten it down to an art on how to basically minimize your time.
So that is generally a passive business.
Well, you want me to jump into it and kind of give the overview on what it is?
Yeah, absolutely. But real quick, how I kind of stumbled across this was a, I actually, because I’m a real estate investor, I see all these things in my facebook feed and uh, the BNB formula kind of popped up and I’m. And I thought that I was a pretty smart, right? So I bought this vacation rental property on the water in New Orleans is the $750,000 property and I got the owner to be the bank to me and he accepted $60,000 down, which is less than 10 percent.
Uh, and it came fully furnished, so I just thought I was a genius and the first year I made $80,000 rental income in the short term rental market. So then I saw your thing pop up on the newsfeed on facebook and um, and so I went through, I watched the Webinar and end up getting the course and then I realized, wow, I’m a complete moron.
I could have done this without putting $60,000 down. I could have just done this and you know, started cash flowing on it right away without that risk of ownership. And even if I wanted to be an owner, there’s ways to do that too.
But at any rate, tell us how you kind of stumbled a, basically what it is and how you stumbled across it.
Yeah, absolutely. Well, you know, I come from real estate background. I won’t tell you too much of the story because I’m in my free training. I, I go into it in depth, but basically I come from real estate background. Um, and uh, after losing everything in the big real estate crash or the mid two thousands, I had to find a new way to go forward.
I wasn’t really in the mood to go borrow a bunch of money again. And I knew that, that airbnb was a way to make money. I just didn’t know it was a way that people were making six and seven figures kind of money. And once I learned that people were doing that, I was really like, okay, I need to focus on this.
This is really interesting because it’s kind of like real estate, but it’s, it’s a new twist on real estate because the sharing economy is a totally new thing.
And basically I started with a Reuben, my room in my place in my apartment and just started hosting on Airbnb like most people do. But then I went down a few blocks away from where I live in and actually just leased a place and got permission from the owner to put it on Airbnb. And I did that month after month after month, every month I added a new listing and uh, started bringing in, you know, boss firing kind of income.
Then I basically did fire my boss after my fourth listing and I was very excited to have cashflow coming into my life and then really focused on how to make that semi passive cashflow because the last thing you want to do is start up an airbnb business and it takes all your time and you’re working 50 hours, 60 hours a week.
So I was able to figure out how to automate it all so I can cut out 90, 95 percent of the, of the day to day operations…
So I’m not doing all those things. And that’s what I really specialize in teaching is, is if you want to make money in Airbnb, you don’t need to talk to me. Just go do it. It’s not that hard to sign up and you can make money. But if you want to build and scale a big business on Airbnb, that’s what I specialize in. And then to learn how to scale it back so you’re not working all the time.
And, and that’s what allowed me to just have the lifestyle that I really wanted, which, you know, as a real estate investor, I love cashflow. I mean, hopefully everybody listening that you know, to your, your show and knows who you are, knows about cashflow, but most people don’t.
That you can make cash flow with assets that you don’t even own. And that’s what I really love teaching.
And so, um, so that’s what I did and now I’ve taught, uh, over 4,000 people around the world and three dozen, three dozen countries because airbnb is, you know, international, um, opportunity and it’s pretty cool because I have students all the time, they email me and they’re like, oh my gosh, Brian, I’m 60 days in, I’m already working on my second listing.
I’ll work on my third listing, my fourth listing, whatever, quitting their jobs. I mean, it’s, it’s pretty cool to see that it’s working for a lot of other people, you know, it doesn’t just work for me, so I’m having a lot of fun.
Yeah, that’s awesome. And so when I took your course, the very first thing is I, I went out and implemented it and I ended up, the first property I got was actually right down the road from me and it was a nice property on the river and we’d been cashflow and like crazy on that thing and I got it with no money down fully furnished and uh, and like you said, I mean you could just, you could, anybody can get a property and put it on Airbnb, but the real trick is to be able to automate it and that takes a very specific skillset.
Can you share with us just one technique of the many that you use to automate?
Yeah. Well, you know, I’m a big reader and I, there’s a book called the four hour work week. It’s been a best seller for, for a long time now. Tim Ferriss, Tim Ferriss, yeah, he’s a, I know tim and I actually got to read that book before it was published and I knew it was going to change the world and change my life and no kid. Yeah. Yeah. And, and I, I, to me, it was the coolest thing I’d ever read and when I saw that book I thought, you know what, I’m going to put that into my business.
So I mashed that idea, that concept of working in the four hour work week with, with Airbnb and what I was doing with my airbnb business. And so I was, I was more focused on how little I could work then on how much money I was making and now making money is great.
I like making as much money as possible. But for me, the thing that most people don’t talk about is how much are you really working to earn that money? And, and so the concept behind that book is that wealth is time plus money. It’s not just money or income, so it doesn’t really matter how much you’re making if you have no time to enjoy your money or, or things in life that you really want to enjoy.
So I started implementing those things into my Airbnb business and people say, this sounds a lot like the four hour workweek…
And I’m like because I used a lot of those same ideas and same concepts in my business and, and that’s how I was able to skip to step back. And, and the cool thing is once you do what I teach, if you fall through and you go through my training by the time you’ve automated everything, you really can, you know, like have free time where, I mean the cool thing about Airbnb as a pays you every single day, so every day there’s a direct deposit into your bank account.
And so every day to be able to just wake up and know that there’s three or five or eight guests that are checking out of my different properties and there’s money going into my bank account and I didn’t really do anything directly to get that income. It’s just, it’s just really, really exciting. And, and, but you have to be able to build that up.
You have to figure out how to, how that all works. And I kind of cracked the code and how to teach other people how to do that…
Once you get a few listings, how to be able to do that, and to me that’s the ultimate is to have an incredible source of income and cash flow but not have to trade your time for the money and that that’s the key. I don’t want to trade my time for money now. That’s, that’s the key for everything.
I mean, anything you can just start, you’re going to have to have some amount of work that goes into it, but the key is to learn how to set up those automated systems and by doing that you’re able to work on the business and not in the business. Right. That’s the whole thing.
I mean, because for me, I mean, I know it sounds crazy. I just, I don’t really want to work for a living. I want, I want. My Dad said, well that’s not possible.
I remember when I was in high school, I was like, what are you going to do for a living? I was like, I don’t know, but a job is not something I want to do. Well, I’ll find a way because there’s got to be away and the cool thing is we’re not talking about something that’s like, you know, it’s not something that’s too hard to get your brain around.
I mean, people need places to stay. People are traveling and we’re supplying them with what their, what they need. We’re supplying a service. It’s a real business. That’s a real thing. It’s not, it’s not something that’s, you know, it’s also an old concept. The idea that people used to host people in their homes for thousands of years. This is an old concept, but as a new technology that allows you now to do this with anything from a house to an apartment, to a boat, to an Igloo.
I mean it doesn’t really matter. You can put it on Airbnb and make money with it and if you own property, great, you can do it with your own property. But I like to teach people to say, look, if you don’t have the ability to borrow money or you don’t want to borrow money or you want to get started right now, you can just go get a property in and put it on Airbnb.
It doesn’t have to be yours. And [inaudible] thing is a lot of people. What would you say to the people that think that this is a fad? It seems to me that you knew. You kind of get that come up a lot.
To me, I look at this and with the new technology, this is a incredibly a blue ocean and a longterm strategy. I mean, what, what do you see? Yeah, well an airbnb first came out. That’s what they said. It’s a fad and now airbnb is been around for almost 10 years and, and it’s every year growing.
The growth has been phenomenal, but it’s still a very small part of the entire hospitality industry. The hospitality industry is one of the largest industries in the world. I mean, there, there are many countries where the number one industry is tourism and hospitality and the number of hotel rooms in the world is, you know, greatly exceeds the number of, of home sharing units.
I mean, I think airbnb is still represents about one percent or less of all rooms in the entire world that you could go pay money to stay in as, in hotel rooms. So it’s still very early in and if you doubt that, um, if you doubt that, just ask any of your friends, do you use airbnb?
Do you travel with Airbnb?
And I, I promise you the vast majority of them do not. Most people still do not use airbnb to travel and that’s changing very quickly because people would rather stay in homes then in Nice places than stay in, in a, you know, a room in a hotel. And, and so I think the opportunity we’re, we’re on the very cusp.
I mean, the wave is, is growing and it’s going to continue to grow for home sharing and you can either be a part of it or you can miss out on the opportunity, but I don’t see it. It’s certainly not a, it’s been proven. It’s proven itself that it works.
It’s not something that’s brand new anymore…
Right. It’s like they always say, you know, that was the best time to plant a tree. It was, it was seven years ago. Yeah. But, but in this case with the BNB, uh, um, the airbnb industry and just the, the, um, the, the sharing economy in general, like, what’s the best time to plant a tree with the sharing economy right now, today is like the best time to do that.
So they know exactly, you know, a lot of people are worried about getting started on a bunch of different passive income investments are real estate or whatever else. Um, because a lot of times they failed at something in the past that they’ve tried. Why would you say that this is different?
And for people who think that I don’t have time or money or I’m not good at x, why is this still a good opportunity for those folks?
Well, in the, in the free training that I, I want to invite everybody to, to kind of, you know, there’s so much involved in this. In order to tell you all of these different elements you’d probably want to. I’d want to invite everybody that’s listening to come to my free training.
And in that training, I’m going to go into more of my story, but the short, the short end of it is that I had a very thriving, big real estate investment business and it all completely collapsed. So I, I, you know, basically I didn’t go bankrupt, but I lost everything. I lost all my homes, all my properties, all the foreclosures.
And so for me, I had to start over. I had to start over from ground zero, actually being severely in debt to have to start over to, to launch on Airbnb. So, you know, unless you’ve experienced a major setback like that, I mean, even if you have, there’s no reason you can’t go.
Do this as well, and I keep in mind I did this business and I didn’t have the credit, I didn’t have good credit, I didn’t have any money.
I had to start from scratch so it can work no matter how bad your circumstances are. And I was doing this while I was working at 50 hour week job that I wanted to quit and so I did this in my spare time. I did it in the weekends. So anybody that says they don’t have time, they just don’t understand that this is something you just do as you have time.
It’s just a side. It’s a side hustle. That’s what it is. And this side hustle, it can be as big or as small as you want it to be. And some people don’t have the goal of building an airbnb empire.
They just want to have an extra couple thousand or $5,000 a month coming in and that’s quite easily doable, you know, if you want to do that. But, um, you know, it’s just something that I, I say look at it as your side hustle and then you decide from there where you want to take it, if you want to take it to the highest levels that I can show you how to do that.
Right? I mean, you can, you can go. She has anybody making seven figures doing this.
Uh, yes, yes, absolutely not students of mine, but I do know people that, that already are well past seven figures, a one gentleman I know his 65 listings in four states and he’s grossing $2 million in a two or 3 million, netting about a million. So yeah, totally. I mean I got many, many students that are, that are over six figures now and um, and so yeah, that’s totally doable. I mean it’s just really wherever you want to go.
And you know, I tell people, make, make the business, prove it to you, you know, any, any business you get into, if it doesn’t feed you and the, you know, pretty quickly, then you know, maybe it’s not the business for you. But I mean, the cool thing about this is if you do it correctly, you can start earning in 30, 60 days. I mean very, very, very fast. I don’t know any business you can start and be profitable in 30 to 60 days, but you can end this.
I mean there’s no reason you can’t go get your first listing in 30 days, your second listing in 60 to 90 and be off to the races, you know?
Right. So one of the things you mentioned is this guy had properties all over, you know, in different parts of the country. Which brings me to the next question. I’m sure a lot of questions you get is, is there a demand for that in my area or is it a demand here or there and it, it doesn’t really matter because you can do it wherever there is a demand.
Oh yeah, yeah. No, I try to tell people to stick within an hour where they live to begin. But as you grow, you can certainly go into any area and the kind of systems that I teach allow you to go do that, but you want to stay pretty close to home. But yeah, what I do is I have an entire week the one training, one weeks of training is all about how to locate properties and where to look and what’s the perfect kind of property look for, how do you, how do you get owners to do this?
Why in the world would owners want to do this? I cover all that in the training very, very much in depth because it’s an eight week training. It’s, it’s designed for you to go step by step, take your time.
It’s just like paint by numbers. It’s not complicated, but it’s just, it’s all designed to be laid out in a certain way so you know exactly what to do next.
Yeah, and I agree. I mean I, I’ve taken the training myself and it definitely is. It walks you through the entire process even into setting up an LLC and how to manage your tasks and stuff.
It’s not just for me, it’s not just like airbnb training, which is phenomenal, uh, your ideas, your strategies and there are awesome, but it’s also like just general business training.
You can take what you learn in that class and apply to a lot of other things…
Oh yeah, absolutely. I liked it. I like to talk high level and practicality, but both levels. Awesome.
Brian, cash, cashflow Ninja page, definitely. Uh, definitely. Thank you for your time. For our listeners, if you haven’t heard about Brian Page, you’re going to hear about them a lot more in the future. He’s a, he’s not going to say this, but he’s kind of a big deal and it’s definitely an honor to be able to have you on our show and to be able to interview you.
Um, what we’ve done for our listeners is that class that Brian was talking about earlier, that free web class, we’re going to have that on our webpage cashflow, dad life.com. So go to the website and you can sign up for is a free web class training.
That kind of goes into detail through all the steps in the formula and a I definitely recommend it is worth your time to go there and watch that Webinar. So any closing remarks, Brian, before, before we say goodbye to everybody.
Yeah, I was just going to say if you guys want to check out that training, it’s like we’re saying it’s totally free and what I’ll do is I’ll, I’ll go more into depth and how I did this and show you everything. I’ll show you my, my properties.
I’ll show you the behind the scenes, my count, how much money I’m making on each one of those properties. It’s really, really cool. And then I’ll let you hear from some of my students so you’ll know and not just hear from me.
You’re gonna hear from people that are, have gone out and done the exact same thing that I’ve done so you get to hear from them. And then I do a question, a q and a at the end and it’s pretty cool. So check that out and hopefully get a lot of value out of that.
And, uh, I’ve really enjoyed talking to you today, Ryan, and looking forward to seeing everybody on that training.
Awesome. Thanks so much Brian. I appreciate it. No problem.
Thanks for listening. Please remember to subscribe. You’re going to want to listen to every episode because each episode will have an idea or a strategy that changed my life and could change yours. It only takes one for more information and for some great passive income investing resources. Check out my website, cashflowdadlife.com. Until next time, my name is Ryan Enk and this is Cash Flow Dad Life.