Airbnb is dying, and I'm going to share with you what I believe is the next great real estate investment

strategy to help you build cash flow and passive income. Now, for those you don't know, I've made a ton of

videos over the years about how successful Airbnb has been for my investing career. I actually got

started doing it back in 2017. This was way before it became as popular as it is today. I mean, I remember back then, people

were still kind of skeptical about staying at other people's houses. Now it's very normal. It's very

mainstream. And so times have changed dramatically. And back then, the first property ever bought

was in Big Bear, California. I paid $200,000 for it, and my mortgage was like

$1,300 at the time, and it rented for $4,000 per month. And so with that, I'm like, man,

this is the craziest investment ever. I mean, even when you account for the cleaners, the taxes,

the Airbnb fees, I mean, I was still netting over a thousand bucks a month in

cash flow. And it really wasn't hard to manage. You know, I was all in on Airbnb in 2017. I

ended up buying another one later that year. I ended up buying a few more in 2018, bought more in

2019. And I just kept buying them. And by then, I probably had accumulated about 10 properties

in Big Bear, California alone. And these properties were generating me over half a million

dollars a year in revenue across those Airbnbs. Now, at this point, I'm like, dude, Airbnb's great.

I'm going to just keep building up these properties as time goes on. This is kind of,

kind of be my retirement account, whatever you want to call it. And, you know, it was awesome. But a lot of

things started to change. The first is that Airbnb as a whole got more popular. And so once Airbnb got

more popular, that meant that there was more properties coming on the market. And so instead of rents going up like

they normally do with, you know, most kind of real estate investments, rents kind of just flatlined

or in many cases got worse for many Airbnb host. Because more competition entered the market,

and the market only had so much demand, it caused prices of rents to go down.

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