Meet Clarence! He is a CPA who decided to jump into Airbnb after he saw the revenue numbers his friend's properties were doing. He and his wife Robin then began to pick up some properties and built a portfolio of 16 properties.
Clarence mentioned that the smaller properties earn about 6k/mo and the bigger ones about 8k/mo! So that is $96,000 per month at least! In this interview, Clarence and Robin break down exactly how they started their business.
Since Clarence is a CPA we couldn't let him go without asking him to give us some tax tips/money management tips. In the interview, Clarence teaches us if you should get an LLC when starting, what an S - Corp is, how he manages his expenses and taxes for his own business, and much more.
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