An investor on the Gold Coast bought a two-bedroom unit, lives in one half, and rents the other on Airbnb for $550-$650 a week. That covers the entire mortgage. The point: build wealth by doubling down on what you're already good at.
I've got one of my investor clients who started out and bought a unit on the Gold Coast, and for them to live in themselves, they love other people and meeting new people and doing different things. And they're renting out one of their rooms Airbnb. They've got a 2-bedroom apartment and they are paying their entire mortgage by doing it. They're earning over— I think it's about $550 a week in income for that little studio. It's a little bit separate from their main house, and so it's not like people aren't in their space, and they're quite okay with it. And, um, you know, it's a little place which kind of looks out on the pool deck. And again, you know, they're earning about $600, $650 a week off this one Airbnb. You know, I'm a really big believer in building wealth based on you, and for every single one of you, there is a path of least resistance to wealth. And so when we can start to understand our own genius and find our own genius and double down and triple down on who we are then we have the ability to be able to accelerate our wealth at a great rate of knots. Okay, so it's a really cool thing to be able to do.
