Turning $1500 Into $1M with AirBnb guest Lazaro Vento | 584

That’s what my special guest Lazaro Vento did a few years ago before he built his Airbnb empire in Miami.

Lazaro Vento is the managing director of Happy Travels Miami, one of the most profitable Airbnb empires in business with 100 units currently under his management. He lost everything he had in 2015 but by the end of 2018, he had already made over a million dollars through Airbnb.

Watch this video to learn how Lazaro made his fortune from $1500 so you can start building your wealth too! 

Key Talking Points of the Episode
[01:20] Who is Lazaro Vento?
[02:11] What was Lazaro’s journey like?
[03:13] How did Lazaro lose everything he had? 
[04:50] How did Lazaro get introduced to Airbnb?
[05:55] What did Lazaro do to get started on Airbnb?
[08:50] What is a house arbitrage?
[09:39] How did Lazaro get his tiny house?
[10:42] What did Lazaro do with the tiny house he bought?
[13:30] What was Lazaro’s biggest deal?
[15:10] What was Lazaro afraid of?
[16:25] Why is timing important?
[18:25] How does Lazaro help developers of rental communities?
[19:02] How can you get in touch with Lazaro?

Quotables

“I became like a lot of people - unfulfilled with my job and my circumstance. I was making good money, but who wants to work 100 hours a week?”

“I knew I couldn’t do a purchase, but I made a small little commission, and if I do this deal and if it works out just right, maybe I could make my cigar shop survive by living for free.”

“Basically, we feared that we would become Fyre Fest with this deal. We feared that people would show up and there would be no beds or something.”

“Obviously, relationships are big. You’re showing up at the right place at the right time and they just show up for you.”