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- 💡 Property Furnishing
Looking for a side hustle that’s in high demand and brings in a handsome profit?
Look no further.
Today, we dive into the world of Airbnb furnishing, where you can turn empty apartments into luxurious holiday homes for busy investors.
Here’s what we got for you today:
🛋️ Airbnb furnishing side gig
👕 Shein’s London IPO
🥵 The latest food trend
Today’s Drop 💼
🏡 Empty to Luxury
🍿 The Big Picture:
The real estate rental market is booming, expected to grow from $2,601.92 billion in 2023 to $2,806.83 billion in 2024.
With Airbnb hitting a new record of 7.7 million listings worldwide, there's a huge demand for furnished apartments, making this the perfect opportunity for you to tap into a lucrative market.
🛠 The Idea:
Start a business furnishing empty apartments into stylish, ready-to-rent Airbnb properties.
Investors are looking for passive income and want hassle-free solutions.
You provide just that by taking care of everything from selecting furniture to setting up the entire space.
Getting Started:
Design Skills:
Have an eye for interior design to create appealing spaces.
Supplier Relationships:
Build connections with furniture stores, handymen, and delivery services.
Organizational Skills:
Manage budgets, timelines, and client requirements effectively.
🔥 Is the Market Hot?
The rise of Airbnb and the increasing popularity of the rent-to-rent model has created a surge in demand for furnished apartments.
With the global real estate rental market expanding rapidly, there's never been a better time to get started in this niche.
🍞 Revenue Potential:
Imagine transforming just a few apartments and earning between $500 - $3,000+ per project.
Depending on the size and requirements, you could charge even more for premium packages and quick turnaround times.
Example:
A 2-bedroom apartment could fetch you a fee of $1,500 for a basic package, while a luxe package could bring in $3,000+.
With a steady stream of clients, the potential to make a substantial income is within reach.
🎯 Conclusion:
Start small, build relationships, and scale your business to offer additional services like professional photography and property management.
This is your chance to capitalize on a growing market and create a profitable side hustle that’s both enjoyable and rewarding.
Don't wait—start transforming spaces today!
Tweet of the Day
Update:
The day ended at 2,000+ orders.
That many. In one day.
I tweet these things because I can't believe them myself.
100 hats. Tiny garage. Two best friends and an idea two years ago.
Now we just hit a six figure single day.
Go after your ideas.
You live then… x.com/i/web/status/1…
— Bart (@TheSzef)
6:29 PM • Jun 1, 2024
Odd Notes🕵️♂️
Snippets from the shadows
Fashion firm Shein to file £50 billion London IPO prospectus
Gen-Z become the spicy generation. Changing food trends.
Ticketmaster confirms data hack that could affect over 500 million customers
That wraps up today's business, we'll meet again on the next odd night with more inside news from the family.
Have a business idea that we could feature? Hit reply and share the 411. If we ride with your plan, you'll see your name in the credits. That a deal?
Disclaimer: This newsletter is educational, not financial advice. Exercise caution and conduct personal research before making investment decisions.