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My First MillionMy First Million

How I Went From Broke to $7 Million With An Airbnb Business

Episode 631: Sam Parr and Shaan Puri talk to Isaac French about how to he bought his first investment property at age 24 with $2K down and sold it 2 years later for $7M.

Sam ParrhostShaan PurihostIsaac Frenchguest
Sep 20, 202455mWatch on YouTube

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Episode Details

EPISODE INFO

Released
September 20, 2024
Duration
55m
Channel
My First Million
Watch on YouTube
▶ Open ↗

EPISODE DESCRIPTION

➡️ Get next week's episode early, watch it right now: https://clickhubspot.com/cmx Episode 631: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Isaac French ( https://x.com/isaacfrench_ ) about how to he bought his first investment property at age 24 with $2K down and sold it 2 years later for $7M. — Show Notes: (0:00) Buying an investment property with $2K (9:53) $7M exit in 2 years (16:41) Repeating the formula (20:35) Blueprint for flipping properties into Airbnbs (27:27) Mistakes to avoid (31:07) Games that are easy to play, but hard to win (34:56) How to write 20M view threads (54:58) 2 quotes to live by — Links:

— Check Out Shaan's Stuff:

  • Shaan's weekly email - https://www.shaanpuri.com
  • Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents.

— Check Out Sam's Stuff:

My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

SPEAKERS

  • Sam Parr

    host

    Co-host of the My First Million podcast and entrepreneur/media founder.

  • Shaan Puri

    host

    Co-host of the My First Million podcast and entrepreneur/investor.

  • Isaac French

    guest

    Entrepreneur who built the Live Oak Lake Airbnb micro-resort business and sold it for about $7 million.

EPISODE SUMMARY

In this episode of My First Million, featuring Sam Parr and Shaan Puri, How I Went From Broke to $7 Million With An Airbnb Business explores From $2,000 earnest money to a $7M branded Airbnb exit Isaac French recounts buying five acres in Texas with $2,000 earnest money and $19,000 savings, then assembling bank financing and family partnership to build a seven-cabin “micro resort.”

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