I grew up in a council house but quit my Costco job to start my own business on the cheap – now I drive a Lamborghini
A WOMAN who grew up in a council has claimed that she quit her job at Costco and now makes £10,000 a month with her business.
Uzma Patel said she rakes in the cash running Airbnbs from properties that she doesn’t own.
On her @propertywithuzma account, she claimed: “The exact steps I took to make £10,000 a month.”
Uzma said she first of all finds the right property on Rightmove and then rents it from a landlord or agent on a long term basis – after getting permission to sublet.
Next she lightly refurbishes and furnishes the property to a good standard, and she showed herself picking out cushions and artwork.
Uzma said she then lists the property on Airbnb for £100+ a night and rents it out “like a hotel.”
She added: “After all outgoings, on average left with £1,000 net profit per property.
“I have done this over 10 times! I love this business model.”
Uzma shared more about her background and said she didn’t come from money and grew up in a council house.
She wrote: “Worked in Costco for a year surrounded by people who used to boss me around but I needed money so I could invest in my future.”
This was when she walked out and created her Airbnb business, and added that this is now what funds her life.
Part of her new glamorous lifestyle includes driving a Lamborghini, as she showed in one clip.
And the best part is it doesn’t take too much time each week to run.
Uzma added: “Only takes a few hours a week to manage.
“My team in the UK takes care of the rest.
“I know it’s hard to believe.. but some people are actually living the life they talk about on social media.”
Her videos on TikTok have racked up over 1million likes, and people were impressed.
One person wrote: “I wanna do this!”
How to make money from Airbnb
LOOKING to cash in on the Airbnb boom? Jane Hamilton, property expert gives her top tips.
On average, homeowners using Airbnb earn £3,100 a year from renting out space. So if you want to cash in too, what is the best way to find guests? Here is how to get started.
- Check your status: If you live in a rental property or a flat, first check your lease to see if you are allowed to rent out. If you live in London, councils limit rentals to 90 days a year.
- Don’t leave it too late: Summer is peak time for bookings. Set up your account at airbnb.co.uk.
- Know your audience: Will your home appeal to families, OAPs or hipster singles? Dress your pad to match the market and write a description to draw in bookings.
- Think what you want to offer: Is it just the room, or will you include breakfast too? Make sure your pad is clean, with fresh sheets and towels. If you are renting a room, not a whole property, will guests have access to your kitchen or other areas?
- Picture perfect: Photography site Perfocal suggests highlighting character features such as fireplaces and beams. Clear bathroom clutter and clean and tidy rooms. Never snap the loo or bins and make sure you are not visible in mirrors.
- Link to the area: Guests search a destination first, so show how your home is near popular local attractions.
- Co-ordinate your calendar: Mark days you want to rent your space. Block out any you do not.
- Stay on top of admin: Answer guest queries, check your reviews for how to improve and make sure you pay any tax owed.
Another added: “You can do this if the landlord allows it. Good on ya for creating a flourishing business.”
Uzma replied: “Thank you Steve you absolute legend. Someone who knows what he is talking about.”
It is important to note that rental agreements can have a clause which states “tenant shall not sublet all or any part of the premises without Landlord’s prior written consent.”
Permission must be granted for subletting in this case, or you could face eviction.