Today, I’ll do a BNB Formula review to see if it’s legit or a scam.
BNB Formula is a real estate training program that teaches people how to start an Airbnb arbitrage business.
Founder Brian Page claims that you can earn a 6 figure income in just 6 months without ever owning real estate.
But… can you really make money by following BNB Formula?
Is BNB Formula legit? or is it a scam?
Let’s find out in this BNB Formula review!
What is BNB Formula?
BNB Formula is a comprehensive virtual training program designed to teach individuals how to invest in the short-term rental market and earn passive income from other people’s properties.
Instead of using traditional real estate investing methods, people can make money without owning real estate.
Led by experienced real estate investor Brian Page, the program focuses on creating visually appealing ads and listings that attract guests to an Airbnb property.
With step-by-step instructions, students will learn how to locate property owners, create listings, and produce videos that highlight the properties they promote.
The BNB Formula program is an ideal solution for those who don’t want to invest significant amounts of money in property ownership but still want to earn a steady income.
Brian’s proven techniques help students quickly find and secure listings, allowing them to start making money immediately. The program combines online video training with live mentorship sessions, providing students the support they need to succeed.
Who is Brian Page?
Brian Page is an accomplished real estate investor, entrepreneur, and philanthropist who has made a name for himself in the industry. He started his journey in the early 2000s, flipping houses and constructing residential properties and condos in Charleston, South Carolina.
However, he faced a major setback during the 2008 financial crisis and lost everything. Brian was undeterred and decided to explore the opportunities presented by Airbnb, leading him to create the BNB Formula course in 2016.
Today, Brian’s company, Thought Axis, Inc., has over $5 million in revenue, and the BNB Formula course has more than 25,000 students in 47 countries.
The course teaches people how to earn passive income by renting out their properties on Airbnb instead of traditional real estate investing. Besides his business ventures, Brian is also actively involved in philanthropic activities.
He co-founded The Medici Society in 2020, a charitable social club exclusively for ultra-wealthy individuals. Membership in the club is by invitation only and is highly selective. Its mission is to connect high-net-worth individuals and raise funds for various social causes.
In 2021, Brian launched The Page Fund, a private real estate fund that offers accredited investors the opportunity for wealth protection and growth through multi-family buildings. This venture aims to provide investors with attractive returns while supporting local communities through affordable housing.
Brian also has a short web series called House Hackers, showcasing the methods and strategies he teaches in his BNB Formula course. The show follows a group of Brian’s students and BNB business owners who compete to see who can build their business the fastest.
Brian has faced criticism and controversy surrounding his business practices despite his successes. Some have questioned the effectiveness of his courses, while others have accused him of using deceptive marketing tactics to attract clients. Despite this, he continues to be a prominent figure in the real estate industry, and his courses and ventures have helped many individuals achieve financial success.
BNB Formula Review: Curriculum
Let’s continue this BNB Formula review by seeing what the curriculum looks like…
Week 1: Preparation
Successful businesses require thorough preparation, and this week’s training will help you plan and execute all of your company’s necessary tasks. You will also learn about productivity tools and time-saving techniques that will give you a significant advantage in the long run.
Week 2: Partner
This week’s training will teach you how to partner with others or hire employees to delegate the day-to-day operations of your AirBnB business, allowing you to focus on other things. You will also learn how to set up automation to remove yourself from daily tasks.
Week 3: Identify
In this module, you will learn how to research and prospect for AirBnB properties. You can then advertise these properties for homeowners and earn a profit. Surprisingly, many Airbnb owners would happily have someone with your skills to advertise their property.
Week 4: Stage
You need to over-deliver to maximize the amount you can charge per night. This week’s module will teach you how to stage your properties to provide guests with something they didn’t expect. And the best part? It won’t cost you a dime!
Week 5: List
This week, you will create your own property listings, learn how to set up your calendar and start accepting bookings for your new AirBnB property.
Week 6: Start-Up
The first 30 days of any new business are crucial. In this week’s training, you will learn some incredible strategies for increasing revenue and simplifying everything about your new business.
Week 7: Automate
As the title suggests, this week is all about making your business work for you. By automating your processes, you will learn how to work part-time while earning a full-time salary.
Week 8: Rinse And Repeat
This week’s training will help you expand your business by creating more listings on AirBnB. Although it sounds simple, running ads and finding willing clients is difficult.
How Much Does BNB Formula Cost?
Brian Page’s Air BnB Formula has an entry fee of $2,997, which includes all videos, training, and live streams. However, additional expenses may arise if you choose to outsource or partner with him or run the business itself, which can require a few thousand dollars per month in ads and a few hundred dollars for necessary software.
Is BNB Formula a Scam?
Is Airbnb Formula a scam? Not technically. It’s possible to make money with the program, but it requires a lot of work, and there are no guarantees.
According to some complaints on BBB, students of BNB Formula have been left with massive amounts of debt…
As for real estate in general, profit margins are typically small. A better option may be to invest time in building Digital Rental Properties that produce recurring income, which can be done in less time.
Can You Make Money With BNB Formula?
It’s possible to earn money and have autonomy as an Airbnb host, but many people encounter challenges. While making a profit is feasible, the effort, dedication, and finances required to establish a successful Airbnb business are substantial. Therefore, if you invest significant resources into this endeavor, it’s wise to aim for significant returns.
Is an Airbnb Arbitrage Business Worth It?
Airbnb rental arbitrage can be effective in certain markets, but it’s not a universal solution. It’s a popular strategy for investors who want to increase the profitability of their low-cost rental properties. Nevertheless, it requires thorough research and caution before diving in headfirst.
BNB Formula Review: FAQ
Is Brian Page legit?
BNB Formula is not a scam, but it may not be as easy as Brian Page markets it. While it is possible to make money with the program, a lot of upfront work is required, and no guarantee of success. Moreover, the profit margins on real estate investments can be relatively small, meaning the rewards may not always match the effort invested.
Who is the BNB Formula program for?
For beginners, the BNB Formula Program provides a practical solution for individuals who do not have the capital to purchase a property. The course teaches students how to leverage rental arbitrage by renting out properties from landlords and then subletting them out to short-term renters. This allows beginners to get a foot in the door of the real estate industry without the need for a significant upfront investment.
Experienced real estate investors exploring rental arbitrage will also find value in the BNB Formula Program. The course teaches effective strategies for identifying profitable properties, setting up efficient systems for managing rentals, and scaling the business for maximum profitability.
The BNB Formula Program provides advanced tactics and insights for current rental arbitrage investors to help them grow their businesses. The course covers various topics, including marketing, customer service, pricing strategies, and automation techniques to streamline operations and increase profits.
How successful are BNB Formula’s students?
Many students who have taken the BNB Formula course have reported positive experiences with the program. The official website boasts over 564 success stories in the form of video and photo testimonials from satisfied students.
Numerous reviews on real estate investing forums also attest to the program’s effectiveness. One student documented his 10-month journey after purchasing the BNB Formula course, sharing regular updates on his progress and success.
While some critics have suggested that the training materials provided in the course are rudimentary and can be found online for free, students have noted that the monthly coaching calls, networking opportunities, and support groups more than makeup for this potential drawback.
What is BNB Formula’s refund policy?
The BNB Formula Course comes with a 30-day money-back guarantee. If unsatisfied with the course, you can request a refund within 30 days of purchase.
Are there other “Gurus” like Brian Page?
Yes, there are many. These include Jordan Welch, Hayden Bowles, Mike Vestil, Davie Fogarty, AC Hampton, Biaheza, Tan Choudhury, Sebastian Ghiorghiu, The Ecom King, Nathan Nazareth, Scott Hilse, Sebastian Esqueda, Sharif Mohsin, Austin Rabin, Cortney Fletcher, Ecom Babes, Sander Stage, E-Farming by Igor Kheifets, Iman Gadzhi, The Millionaire Shortcut by Jeff Lerner, Andrew Tate, The Real World by Andrew Tate, Hustlers University, Tristan Tate, Entre Blueprint by Jeff Lerner, Jeff Lerner, Sophie Howard, Kindle Publishing Income by Sophie Howard, Agency Navigator, Remote Integrator Academy, The One-Day Flip, Lunar Automation, Publishing Life, Mikkelsen Twins, Audiobook Impact Academy, Fiction Profits Academy by Karla Marie, FPA Workshop, Leadific, Douglas James, Astroflipping, Commission Hero, Fullstaq Marketer, Ascend Ecom, Legendary Marketer, Capital Syndicate, Leila Hormozi, Luke Belmar, Karla Marie, and Mikey Kass.
BNB Formula Review: Conclusion – Is It Legit?
After being in the dropshipping trenches for 6+ years, it’s clear that you can make a TON of money online…
But after doing this BNB Formula review, there’s nothing special about this program or Brian Page.
Yeah, Airbnb is a legit business model, but it’s not even close to being as easy, passive, or profitable as Brian Page claims.
If you want a chance to make significant money quickly, I highly recommend dropshipping physical products instead.
Running a dropshipping business isn’t easy, but the potential reward is immense (as seen below), so it’s 100% worth it.