Is Noelle Randall a Scammer? My Honest BNB Riches Review!

 

Hi, and welcome to my BNB Riches review. 🙂

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Although Noelle Randall’s BNB Riches course is very tempting and somewhat irresistible, it comes with its challenges and disadvantages. Please read my full review on it, where I discuss everything in great detail and share my thoughts on why I firmly believe my business line is a much more suitable alternative.

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So, you want to learn whether Noelle Randall is a scammer? 🤔

Gorjan here, and in today’s review, we’ll discuss and explore BNB Riches, a real estate course by Noelle Randall that teaches you how to profit from short-term rental markets like Airbnb, Tripping, HomeToGo, and FlipKey. ~ rental arbitrage.

If you’ve ever been interested in locating and evaluating rental properties and growing your short-term rental empire, this course may be exciting and helpful.

 

I wrote today’s post because…

…I felt like you’d be interested in learning more about whether this renowned Youtuber and her course offer a great financial opportunity for you to make a little bit of money on the side or perhaps even grow this side hustle into a full-time income by renting out spaces to travellers looking for a nice, cosy place to stay.

 

Just Airbnb alone has grown massively over the past decade. 📈

In just 11 years, the company has generated more than $30 billion in revenue. It currently has more than 150 million users, making it one of the best travel apps that give rental owners a chance to earn some income from their properties.

When compared to other sectors of the travel industry, it’s undeniable that the short-term rental one is flourishing, along with the countless courses that promise a fast track to riches. Even though this course is not one of them, it still has some flaws and drawbacks that I think you should know of before buying it.

I’ve reviewed a few similar courses before, and although none of them are created equal, you’d be surprised to find out that half of them weren’t worth the hassle.

Nearly half of the ones I’ve discovered, studied, and tried were complete timewasters, which is one of the reasons why I decided to review this well-known course so that I can give you an inside look at how it works and what you can expect from it. ~ all the PROS & CONS of this business are included in this review.

By the time I’m done with this study, you’ll have more info than you need to decide whether this is a suitable investment of time and effort for you or if you’re better off spending your precious hours and hard-earned savings elsewhere.

 

Oh, and just so you know…

…unlike some other BNB Riches reviews, you might have read online by now, I am in no way, shape or form affiliated with this course nor any of its competitors. I just randomly discovered Noelle’s class the other day and decided to write an unbiased review on it. ~ transparency and frankness are all you can expect.

Near the end, I’ll also show you what I believe is a much better, less risky financial opportunity that will allow you to create and own (NOT JUST RENT OUT) digital properties online. ~ properties that will produce sales for you around the clock.

It’s what I’ve been doing for years now.

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Hi, my name is Gorjan, and I’m making a full-time income working from home. Feel free to read my about page if you wish to learn more about my story, past experiences, and how I can help you set up your 1st passive revenue source. 

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BNB Riches Review

I’d like to start this review off by letting you know that although controversial, Noelle Randall is a very successful Youtuber, online celebrity, and entrepreneur with years of experience (nearly two decades) in the rental arbitrage industry.

She came a long way from being someone who genuinely hated real estate investing and thought it was a terrible idea to the business builder she is today.

Like many people who get into real estate, she also got to a bad start in the industry, which resulted in her losing a ton of money. ~ like many novices do.

Long story short, after years of experimenting and failing, she finally teams up with a mentor that teaches her about wholesaling and shows her other trade secrets. Soon enough, she learns how to ditch the old FIX & FLIP method and replace it with a less familiar one that allows her to make deals consistently.

 

This is essentially what Noelle teaches in her BNB Riches course.

She shares a way for you to make money with Airbnb leases by doing rental arbitrage, which is when you sign a long-term lease to rent out a place and then rent it out as if it were your own on sites like Airbnb, Tripping and VRBO.

For instance, you rent out a two-story house for an entire year and then rent each story separately as a weekly, nightly or monthly rental. ~ it requires some capital.

 

Even though it requires a great deal of money, the investment is still way less than what you would need if you were to buy the property. This is a good thing because it saves you from the hassle and risks of getting a mortgage. In other words, your chances of failing and ending up with a considerable debt are significantly less.

 

After all, buying a house is not as easy as renting out one. ❌

You can never be sure how much your home may increase or decrease in value over time, and if you’re someone with a low personal tolerance for debt and risk, buying a house might not be a great idea and even a recipe for disaster. ~ %100. 

Despite rental arbitrage being a less risky business model than actual real estate investing (buying), you still need to consider that you’re NOT the true owner of the property you’re renting out to other people. Therefore, you need to be extra cautious about not damaging the property. ~ it may cost you your profits. 

 

Even if it affects your earnings…

…it’s always recommended that you try your best to attract quality renters, which is easily doable if you perform background and credit checks. ~ signing a rental agreement with your tenants with save you a lot of money in the long run.

 

Trust me on this. I’ve rented a few condos myself.

Also, it would be best if you found properties that have a year-round potential and not just seasonal. If you want to get a good deal on a particular house, you won’t have much choice but to rent it out for the entire year anyways. ~ IMPORTANT!

In addition to this, you have to realize that finding a landlord that will let you rent out their property to other people isn’t as easy as Noelle portrays it to be. It requires a lot of negotiation, but it can pay off greatly if you do it right.

So, basically, Noelle Randalls’ course will teach you how to start a rental property business and work with people that own properties. Most of the residences you’ll discover won’t be listed on any rental sites, so you’ll be the one that persuades the owners to allow you to list them on Airbnb. ~ the most tricky part.

 

The first module of the course is all about having the proper mindset.

After all, this is a real, scalable, long-term business you’ll be getting into, so having a strong and positive attitude will result in self-esteem and self-worth.

I used to think that mindset modules were a waste of time at one point in my career, but my beliefs changed after I realized that mindset was the only thing holding me back from unlocking my full potential. If you desire success in any business, you must adjust your way of thinking, and that’s just facts.

 

I know it sounds cliché, but that’s the way it is.

Besides showing you how to shift your mindset and embrace change, Noelle will also teach you how to find the best properties and share tips on leveraging retail arbitrage to live rent-free. Also, Noelle will coach you on how to advertise your rental property and locate appropriate tenants. ~ SHE SHARES GREAT ADVICE! 

Assessing a property’s profitability and determining whether it is worth the trouble will set you up for career success with this business model. The second module is all about this, plus it covers a few other must-know legal procedures.

The 3rd module clarifies how to prepare and list your acquired property, while the 4th one, and in my opinion, the best one, teaches you how to scale this business by tempting owners to want to work with you. ~ some golden nuggets inside.

 

Is Noelle Randall a Scammer?

Noelle Randall is not a scammer – she’s a successful Youtuber and entrepreneur that’s been actively involved in the arbitrage industry for a very long time. 

From flipping houses for small returns to becoming a rental arbitrage celebrity, it’s safe to say that she’s done it all. Her Youtube channel of nearly 600k subscribers really took off at the beginning of 2020, just right after the pandemic started. 

She started educating people about how to get started with wholesaling real estate but eventually shifted her focus to rental arbitrage and consulting. 

 

It’s safe to say that she’s a world-renowned real estate entrepreneur and business mogul with years of experience in the field. Widely recognized as the Queen of Real Estate, she has empowered thousands of people to ditch their nine to five and focus on building long-term wealth through real estate investing. 

She’s been featured in several media outlets and has written for many successful companies such as Forbes. Not only that but she’s published several books: 

1. BNB Millionaire Secrets 
2. Real Estate Millionaire Secrets 
3. Millionaire Business Secrets 
4. Grow Your Wealth

Other than that, she’s a kickass mom of five with a bright smile. 

 

Is BNB Riches Legit?

BNB Riches is a legit course – despite the fact that this rental arbitrage course is not very comprehensive, it has more than enough information to help you acquire the skills you need to start your first Airbnb rental arbitrage business. 

The course costs $997, which is not super expensive, bearing in mind that this is considered a real estate course. The only thing that bothers me is that it’s impossible to get a refund, which is not typical with courses that cost that much. 

It would help if you also were mindful that this course most likely won’t benefit you if you’re living outside the United States, where Airbnb isn’t that popular. 

You can still pick up a few golden nuggets and implement them in your country, but only if there are a bunch of tourist attractions and active rental markets where you live. If you are short of money, you can also choose to buy this course over three payments, but it will cost you more. (whichever way you prefer)

The good thing about Noelle Randalls’ course is that it allows you to tackle some of the biggest challenges in the real estate industry. Usually, you would need a shi*on of money, most of which will likely be borrowed, to get started. 

 

With BNB Riches, you’re literally shown how to hack the system and generate income from properties you don’t own. Even though this business has its drawbacks, it’s still, in my view, a better alternative to actual real estate investing where properties are bought and not rented. ~ A SMALLER INVESTMENT! 

Depending on where you live and where you plan to grow your business, you would still need at least ten grand (just to be on the safe side) to get started. 

You will spend most of your upfront funds on rents, but you mustn’t forget that you’ll also need to hire a maintenance team to look after your properties and deal with all the tenant repairs. This can get a little pricey if you aren’t careful because the price will vary depending on the home’s size and condition.

Rental arbitrage is without a doubt one of the most lucrative business models I’ve encountered in recent years, and there are a lot of folks that are making tens of thousands of dollars thanks to it. Some unsurprisingly have even made millions.

However, as mentioned before, although it has turned a lot of people into millionaires, there’s a lot of work involved. If you’re not willing to invest yourself fully over the next couple of years, then chances are, you’ll FAIL BADLY. 

Remember, the secret to success with this business model lies in your ability to locate the properties that have a year-round potential. ~ not just seasonal. 

Additionally, you must understand that this is a labour-intensive job, meaning that you’ll need to hire a team to do all the heavy lifting for you at some point down the line. Even then, with an entire team, there are possibilities for unexpected costs and loss of profits. ~ that’s the nature of the business, unfortunately.

 

How I Make a Living Online

I’m a man of my word, and as promised, I’ll be introducing you to what I believe is a much more promising, less risky financial opportunity that, if done correctly, can help you to unlock your personal and financial freedom. (I quit my 9 to 5 job.)

It’s what I’ve personally been doing for the past couple of years, and thanks to this fantastic business model, I now own multiple digital properties online. ~ by digital properties, I mean websites that make sales for me round-the-clock.

 

I’m not saying it’s a more profitable business model than rental arbitrage.

Instead, I’m trying to tell you that it’s much more cost-effective while still providing you with as twice as much value. On top of that, everything is done online, so geographical freedom is another perk you’re getting. ~ WOHOO! 

It does require a little bit of elbow grease from your end, but frankly, so does any other long-term, scalable business, for that matter. You likely won’t make thousands of dollars straight away, but a snowball effect happens once the money rolls in. It’s almost free, to begin with, and anyone from anywhere can do it.

Before I came upon this line of business, I was pretty much clueless about how this money-making online thing works. I was nearly dead-broke when I discovered it, and since it didn’t require a lot of investing, I decided to give it a try.

 

To make a long story short…

…after a few months of trial and error, I finally cracked the code. Shortly after, I was generating a pretty decent income, practically on autopilot. Don’t get me wrong; nothing was given to me, and it took me a lot of blood, sweat, and tears to figure things out and set up my so-called “autopilot” sales machine.

It was a matter of hit and miss, but now I’m glad I stuck through thick and thin because I finally get to enjoy the fruits of my labor after putting my all into it.

There’s no such thing as easy money and overnight success – it requires action and perseverance, and I just want to make sure you’re aware and okay with that.

 

The business model I’m dealing with is known by many and is by far one of the best, most alluring, and most straightforward business ventures to establish as a beginner. It’s very affordable, and no previous knowledge or expertise is needed.

To find out how you can get started with practically little to no money at all, I suggest you take a look at my ultimate money guide, where I tell you a bit more about my story and past experiences and even share a few excellent tips on how to speed up the process and not go through the same learning curve as I did.

Now since you know what I do, I believe it’s about time I end this BNB Riches review, so hopefully, I was able to give you a clear answer on whether this course is a scam or not. If there’s anything you’d like to ask, feel free to shoot your questions down below, and as always, I’ll give my best to reply to them promptly.