All Forum Posts by: Sarah Kensinger

100% of my business is helping clients in all 50 states with purchasing vacation homes/STR properties. 90% of my clients use the 10% down second home occupancy loan

1 year and a half update

Hello everyone I am back for my updates, it has been a great journey so far. Just like usual I am back to updating you all. So a lot has happened since I last updated you all, well not too much has happened, I've settled into my personal home that I bought, renovated it and for the first time in my life have a place to call home that I actually OWN!!! Such exciting news, but I will sadly be departing from this home in the next year or so as I plan to buy another home to move into or an investment property I haven't ironed out all the details yet. 

Total Revenue to date for airbnb Arbritage
So this is the part that a lot of people care about INCLUDING myself, so I've been really successful I can say that I have done a great job with researching and expanding so far, in I have made in total revenue *drum roll please*  $204,301.84 with profit averaging around 20-35%. Again I don't have the full numbers out yet because I am still learning the accounting point of things. But I have officially hit 6 figures in revenue and honestly if I wanted to I could just stick to having these 3 and live pretty okay off of 3 airbnbs I am arbitrating. Thing is I hit a wall, I want to expand in my area, but I also want to expand in other areas and I am stuck in a little analysis paralysis scenario. Even though ALOT and I mean ALOT of people on bigger pockets or friends and family have told me airnbnb arbitrage wouldn't work out I have been pretty successful even though I was pretty much self learnt without any form of joining a course or anything like that. But I am glad I took this leap.


Next Steps and future plans
I have 3 airbnbs as of right now that I do Rental Arbitrage at, and can say I am pretty good at what I do, this is my second business I created and both times I was successful and started everything with low funds and youtube being my mentor. Now I aim for bigger and better, I want to buy a home FOR airbnb but I still want to simultaneously still do airbnb arbitrage, the benefits are just too great at the moment and to be honest a lot of the money profit wise I just have been utilizing to put back into the business and further expanding, paying off business line of credit and such.

So I am not in a place to buy multiple properties in support for airbnb, not yet, more so closer to the end of next year. With the real numbers I have now, I know I can make around 250k+ in revenue with 3 Arbitrage properties, if I keep the same trend I can make another 250k+ with 3 more and that's on the lower end, so I plan to keep expanding, the thing is I am having a hard time envisioning expansion in my local area, and kind of hitting a wall when researching other areas. I want to utilize my arbitrage to obviously use for my personal life but also to create a hefty fund for investment properties later on the line. 

After this tax year, I will know exactly what I need to do to progress. I hear everyone though, buying a home for STR is the next step and it is the better choice. Soon once I have the liquid amount. Obviously there are other ways of finding funding and such but I will need to research a bit more on this.

Final thoughts

So its been a journey, I am contemplating going full-time in entrepreneurship as this is my second successful business, my end goal in life is to have the option to retire by 35 haha so I want to do everything in my power now for future me. Now that I have the proven experience, and proven numbers of this working I want to leverage the experience I have in some way friends have recommended creating some form of course but I think I'm too green for that haha I need to buy a home for STR first before I contemplate that. I do want to expand directly in my area and having more confidence when speaking to landlords but that just means my sales pitch still needs work. I do want to thank everyone thus far on this journey the good and the bad feedback is the direct reason on my success so far and I plan to be great. Will update you all in the next few months. 

I will continue to expand, and I will continue this path that so far has been successful.

(Also if you know someone in some markets that are not talked about enough that have good potential for researching for expansion would love your thoughts! Also if you'd like to connect and network with me or work with me my dms are always open!)

Airbnb listings (newest to oldest)
(Hit a snag in lower reviews haha I promise I'm a great host): airbnb.com/h/familydelight
airbnb.com/h/homeoasisfloyd

airbnb.com/h/sereneoldtownsantuary

@Sarah Kensinger
@Ika Sargeant

 Oh, stick around. We haven't gotten our annual what-should-I-do-with-my-haunted-house post yet. Come to think of it, what happened to the my-property-manager-is-shacking-up-with-my-tenant posts? Or the my-Airbnb-was-used-as-a-porn-studio posts? I have a special fondness for I-found-a-pile-of-gold-in-a-crapshack-basement-help-me-invest posts.