Today we will be reviewing a program BNB Formula. Is BNB Formula the real deal? Find out in this BNB Formula review.
To begin our BNB Formula review, I’d want to congratulate you for doing your homework before investing in this product.
As you may be aware, there are a variety of opportunities available that promise to help people make a lot of money, particularly online. They come in different forms, but most of them are predatory.
While they may take many different shapes, the majority of them will provide a new “business opportunity.” Regrettably, their claims of legitimacy are mostly untrue.
Some of them have been verified as genuine. Some of them are just outright scams. Others may be truly legitimate, but they simply don’t fit your needs.
What brought you to this BNB Formula review is the prospect of making some money on the side. Luckily for you, I did my research, so I’ll be able to tell you whether this program can help you find your way to financial freedom.
Before you decide to commit to this, you should read this BNB Formula review first. You should check if it is worth your time before you pay for it.
DISCLAIMER: This is a fully independent review. I’m not affiliated with the company in any shape or form whatsoever.
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BNB Formula Review: Quick Details
- Name: BNB Formula
- Website: https://discover.bnbformula.com/
- Type: Online Training Program
- Creator: Brian Page
- Niche: Real Estate
- Price: Starts at $997, but could go up as high as $2,000 due to several upsells, or even more.
- Recommended?: I don’t advise getting into it. This business model may take a lot of time and effort, and it may even be more expensive than the others. Furthermore, most landowners may not allow this kind of company to operate on their leased property. Also, if you don’t manage it correctly, this business has the possibility of operating at a loss on certain days.
What is BNB Formula?
BNB Formula is a virtual training program for anyone interested in investing in the short-term rental market, especially in the advertising area.
Students will learn how to produce eye-catching graphics to attract tenants to their rental homes. Brian will educate students how to invest in the BNB business through the use of step-by-step instructions.
Students will learn everything from how to find property owners and create listings to how to create aesthetically-pleasing videos that showcase the rentals they advertise.
Using the BNB Formula, students will be able to buy and maintain numerous listings without making hefty investments in each property.
Brian’s method gives students a step-by-step procedure for locating property owners and developing attractive listings so they can begin generating money right away. Students may keep earning additional money by repeating the procedure after they’ve found out how to do it.
The BNB Formula combines online instructional video training with one-on-one live mentoring with Brian. Students who participate in this program must watch videos every week, as well as do real-world exercises to see whether they understand what they’ve learned.
Students may go from managing zero properties to managing multiples like expert landlords and making a lot of money with this course. They are expected to have advanced from beginner to expert throughout the course’s 8-week duration.
What is Airbnb?
Airbnb dominates the home-sharing, short-term rental, and home-sharing industries. Airbnb’s revenue is likely to treble to $10 billion by 2022, up from $ 1.5 billion presently, according to the Wall Street Journal.
Airbnb now accounts for less than 1% of the hospitality industry, but exponential growth is expected as consumers become more aware of and prefer “shared hospitality” and short-term stays over traditional hotels.
According to a recent Forbes article, 75 people on the site make more than $1 million every year. Furthermore, it is estimated that many people earn well over six figures each year only via Airbnb.
Making money using Airbnb has developed into a viable business strategy for anybody interested in starting one. In fact, I would advise you to look at Airbnb in further depth if you are interested.
Is this business risky?
I’m certain that if I can pay to learn from someone else, I’ll come out ahead in the long run, not to mention the costly mistakes and problems I’d incur if I attempted to figure it out on my own.
Now, if you’re on a limited budget and have a lot of free time, you may go to some of the more well-known real estate forums and start learning the basics from there.
Yes, the business is quite risky. However, if you are provided with the right tools, you may have the chance to come out on top.
Brian’s BNB Formula is a great way to reduce your learning curve. It seems like he’s done a fantastic job of gathering all of the information needed to start a profitable business. He even supplies all of the necessary paperwork and templates.
Another benefit of the program is the chance to learn from those who have already achieved success in the field. You can learn a lot from them and their experiences.
Who is Brian Page?
You may be wondering who Brian Page is, since he is the creator of BNB Formula.
Brian Page is a real estate investor, as well as a company owner and entrepreneur. He began investing in real estate in 2001 and has already completed more than 100 home flips.
At the time, property flipping was a rare occurrence. He bought and sold a variety of assets, including residential homes and condominiums.
In 2014, he started working with Airbnb on a part-time basis. To his new firm, he used his real estate and property management knowledge. He was a huge success in this field in the end.
After discovering that there was no comprehensive training on investing in the BNB sector, Brian started gathering what he had learnt into a course he subsequently dubbed BNB Formula.
To put it another way, this course is a compilation of his tried-and-true BNB investment strategies.
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BNB Formula Overview
Week 1: Preparation
Preparedness is always the key to running a successful company. Here you’ll plan and complete all of your company’s ‘to-dos.’
What you have to do is make use of some excellent productivity tools and time-saving techniques that will provide you with a substantial edge over time.
Week 2: Partner
In this business you’ll need partners to outsource many of your company’s day-to-day activities to in the future. After all, you didn’t plan on being stuck to your laptop, did you?
BNB Formula is all about getting things set up – and then automating them so that you don’t have to tedious things manually.
Week 3: Identify
Here is where you’ll learn about your new properties. The best part is that you’ll be able to rent out other people’s homes for them, allowing you to make a nice profit.
Week 4: Stage
The term “staging” refers to how properties seem to visitors. You must over-provide to increase revenues—in other words, offer the visitors a little something they didn’t anticipate.
You’ll discover precisely how to accomplish it in this module, and it won’t cost you anything extra at all.
Week 5: List
This is the week when you get to design your own property listings, as you may have predicted.
You’ll be guided through the process, shown how to effectively set up your schedule, and, most importantly, people may now begin reserving your brand-new Airbnb home.
Week 6: Start-Up
The first 30 days of any new business are critical. And this week, you’ll discover some great killer tactics for generating income and streamlining every aspect of your brand-new company.
Week 7: Automate
This is the week when you start making your company work for you rather than the other way around, as the title indicates.
This is an important component because it will explain how you can work part-time and earn a full-time pay.
Week 8: Rinse and Repeat
Not only will you begin to see advantages here, but it is also time to start growing your business After all, the more Airbnb rentals you have, the more money you may potentially earn.
Running advertising and finding receptive customers, however, is far more challenging.
What does the course offer?
Both new and experienced Airbnb hosts may benefit from the BNB Formula program.
To the greatest degree possible, the focus is solely on automation and outsourcing. This is an important aspect to consider. As a consequence, BNB business owners may be able to dedicate more time to the purchase of new listings.
Brian also shows how this may be done without owning any land at all. He shows how to persuade landlords to let you list their properties on Airbnb.
Brian has gone to great lengths to ensure that students have access to all of the information needed to start a successful Airbnb business.
The location is important in every real estate deal. The rate of rise in rent and occupancy will be proportional to the property’s location. Remember that if you’re renting this home from someone, you’ll need to make sure that your expenses are met.
Brian provides a tool to help you analyze rental and vacancy rates in your area. This is important to in your business.
How much does the course cost?
BNB Formula is a program that has both benefits and drawbacks. The benefits of BNB Formula, on the other hand, much outweigh the drawbacks.
The cost, which is more than $2,000, is the major complaint that consumers have with it. However, this is a small price to pay in order to establish a long-term revenue source. There’s also a 30-day money-back guarantee if you’re not satisfied with the program.
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What is Included in the BNB Formula?
One year of live group coaching calls.
Students can ask any questions they have on these calls throughout their first year in business. Every month, they may also listen to interviews with industry experts and hear LIVE from top Airbnb earners.
Lifetime membership.
New material is added on a regular basis. Students get unlimited access to the training program and are eligible for free upgrades to any new content or materials added to the course in the future.
Coaching calls.
In addition to all of Brian’s monthly coaching sessions, the Coaching Call Vault includes 12 months of recorded talks from every live training, guest interview, and a successful six-figure Airbnb student interview. These items are available for students to see or listen to at any time.
A calculator for your profits.
This is a free tool that can rapidly assess any property and calculate the monthly and yearly cash flow potential of an Airbnb listing.
Checklists.
Students may utilize checklists for each major stage of the business to guarantee that they are always on track and never get lost.
Daily tips.
Brian’s Airbnb homes are featured in this behind-the-scenes video series. Students may see inside their houses to see how they look and learn how to offer them for a profit.
Deep dives.
This is a unique training series that focuses on creative ways to expand your Airbnb business.
Tools and templates.
These are fill-in-the-blank forms that students may use whenever they want further establish their Airbnb business.
Is BNB Formula Legit?
BNB Formula does not seem to be a scam. This program may help you generate money, but it’s not as simple as Brian Page makes it seem.
There’s a lot of legwork to be done up front, no assurance of success, and, most significantly, real estate investing profit margins are minimal.
There’s nothing wrong with getting the task done first and earning the money afterwards.
However, if you put in three months of work – searching for bargains, putting out offers, and negotiating with the seller and lender to purchase a rental property – and your reward is just $100 per month in profits, that does not sound worth it.
BNB Formula Pros and Cons
Pros
- BNB Formula offers a lot of many useful resources offered. To put it another way, you’ll have everything you need to maintain your business healthy and profitable.
- You may start this business with very little capital. You don’t need credit, money, or a lot of time. Also, you don’t need to be a computer whiz to enroll in the program.
- You’ll get all of the aforementioned instruction, plus six months of live professional coaching calls. For the next six months, Brian Page will hold a live coaching session once a month to keep you up to date on the latest strategies and tactics for growing your Airbnb empire. You also receive access to all of the coaching calls, which you can listen to whenever you want.
Cons
- The program is pretty expensive. Not everyone can cough up thousands to enroll in the course.
- Like I previously stated, the profit margins are quite minimal. I simply don’t think doing this is worth all the effort.
Final Verdict – BNB Formula Review
Before I end this BNB Formula review, I would like to share a few more insights that could help you.
Being able to run your own business of this scale could be overwhelming. This is why not a lot of people are eager to enter this particular niche.
After all, it is no surprise that people are more inclined to try out more popular opportunities, such as trading, or joining MLMs (which I definitely do NOT recommend).
If you ask me, I also believe that you take your energy elsewhere. Running an Airbnb business, even if you don’t plan to buy the properties yourself, can be quite a risky business. Sadly, it does not really earn much money, unlike other opportunities.
I don’t think this is a business worth your time, if you ask me. This is because there is always a chance that you will lose your money.
On the other hand though, I believe that the great opportunity I have right here is a lot better of an option. It does not ask you thousands of dollars in investment, and is a lot less riskier. More details about it are in the next section.
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