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Millionaires Unveiled

406: Net Worth Of $1.7M - Airbnbonomics: Beds, Spreadsheets & Bankrolls

Millionaires Unveiled

Jace Mattinson

Investing, Millionaire, Financialplanning, Business, Self-improvement, Education, Finance

4.8872 Ratings

🗓️ 22 April 2025

⏱️ 45 minutes

🧾️ Download transcript

Summary

Summary

In this episode, John  shares his journey from being a financial advisor to becoming an Airbnb data analyst. He has a net worth of $1.7 million. Most is in his business and real estate/short term rental realted assets. He discusses the challenges he faced during the pandemic, how he scaled his Airbnb business, and the current state of the Airbnb market. John emphasizes the importance of data analysis in identifying profitable properties and shares insights on the evolving landscape of short-term rentals. John discusses the evolving landscape of Airbnb and real estate, particularly in the aftermath of COVID-19. He emphasizes the importance of thorough research and strategic investment in profitable markets, while also sharing his personal philosophy on business and life. John highlights the significance of continuous learning and teamwork in achieving success, and he reflects on his own journey in the Airbnb business, including the challenges and lessons learned along the way.

Takeaways

  • John is an Airbnb data analyst with a near 100% success rate.
  • He transitioned from financial advising to the Airbnb business model.
  • John initially used rental arbitrage to enter the Airbnb market.
  • The pandemic significantly impacted his Airbnb operations, leading to a pivot.
  • He created a free course on Airbnb data analysis that gained traction.
  • John's experience led him to work with TechVestor, a short-term rental investment fund.
  • He emphasizes the importance of sales and operations in scaling an Airbnb business.
  • The current Airbnb market is experiencing saturation in some areas.
  • John believes that understanding data is crucial for success in the Airbnb market.
  • He is now focused on helping others acquire properties through his company, STR Search. The real estate market has shifted significantly post-COVID.
  • Many investors are not conducting proper research before buying properties.
  • Airbnb is not dead; it requires strategic planning and effort.
  • Continuous education is crucial for personal and professional growth.
  • Building a strong team is essential for business success.
  • Profitability in Airbnb is achievable with the right approach.
  • Investing in real estate should follow a successful business foundation.
  • Living within means can lead to a more sustainable lifestyle.
  • Market trends can change rapidly; adaptability is key.
  • Success comes from focusing on daily actions rather than long-term goals.

Sponsored by:

Shopify

shopify.com/unveiled

Prizepicks

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Code: Millionaire

Transcript

Click on a timestamp to play from that location

0:00.0

It just got to the point where I realized, like, hey, maybe this isn't the route to be able to get where I want to go.

0:06.1

And instead, what if I just focus on tomorrow and today and, you know, what can I do really well today?

0:13.0

And if I could do something really, really well today, maybe it'll lead to things going better tomorrow, right?

0:18.8

And I've taken that focus for a very long time. And that the only

0:23.6

time I've ever seen any bit of success is with that focus rather than this is where I want to be

0:28.2

in 10 years and trying to map out something that is going to have so many variables that it's

0:34.7

going to be nearly impossible to even happen in the first place. Welcome millionaires and future millionaires.

0:40.2

You're listening to the Millionaires Unveiled Podcast.

0:43.1

The show where you'll hear the stories and interviews of everyday millionaires

0:46.7

will unveil their decisions, their strategies, and their portfolio allocations.

0:52.4

Now to your host, Jace Mattinson.

1:01.3

Welcome back to another episode of Millionaires and Velt podcast.

1:03.7

This is episode number 406.

1:08.6

This is the podcast where we take a deep dive into the journeys, secrets, and strategies of self-made millionaires.

1:10.0

In each episode, we sit down with regular people, turn millionaires, to uncover the real

1:13.9

stories behind their wealth building.

1:15.6

Whether you're looking for inspiration, practical advice, or the untold lessons from those

1:19.4

who've made it, you're in the right place.

1:21.5

Tune in and discover what it really takes to build lasting wealth and change your life.

1:25.3

Let's get started.

1:27.0

Hope everybody had a great Easter weekend.

1:29.4

I know we did.

...

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