Denis Kalic

Real Estate Investor | 150+ Units Owned | $100k/mo+ STR Portfolio

[Denis Kalic @brrrrbros]

As an operator of an AirBNB business that does well over $100k gross a month, I think AirBNB Arb’ers and small hosts are going to be royally F’ed the next 12 months, if they aren’t already.

Here’s why:
- High Rates / Rents / Prices of Homes
- Oversupply of listings
- Weakening demand
- Rising labor costs
- Shift back to hotels

- Here is the kick in the crotch: rise of guests realizing they can incessantly complain about anything and get back massive money per booking and nothing you can do as a host!!

What I think that means for hosts:

- Arb’ers will fail bc of compressed margins that were already pretty tight
- Mom and pop hosts will realize it’s not worth the headache and cease operations and shift back to LTR

The good news is that if you can hold it together you may over long term actually do very good when supply of listings drops, guest demand returns, and AirBNB realizes that it needs hosts and corrects the system.

Drop your thoughts 👇

[Denis Kalic @brrrrbros]

@CaseyMericle @danielcberk The best advice right here.

[Denis Kalic @brrrrbros]

@fiago7 Anyone saying any other direction from NY other than South has no clue about life.

Must hit cities: DC, Charleston, Savannah, Palm Beach, and Miami.

There are several other good ones too, but from Europe these are the fun ones to hit.

[Denis Kalic @brrrrbros]

@SolanaAndFCS @senadin @CroatiaFooty Enjoy the view from home. I’ll send you mine from the game loser.

[Denis Kalic @brrrrbros]

@SolanaAndFCS @senadin @CroatiaFooty His father is muslim and Bosnian, but his mother is Croatian. He’s mixed. Pre-war we didn’t care about who’s what or religion. It’s politically fabricated and you’re a brainwashed product of it.

[Denis Kalic @brrrrbros]

@JCacciapaglia More patio or build a cigar shed / man cave!

[Denis Kalic @brrrrbros]

@realEstateTrent 48th and 6th??

[Denis Kalic @brrrrbros]

@thmindustriesre Completely agree. I hope his whole market sees this and refuses to do any work with him.

[Denis Kalic @brrrrbros]

@Rory_Talks_Ball Is nothing a foul against Erling because he’s a very big man?

[Denis Kalic @brrrrbros]

@GeronimoMorgans This was a multi-denominational post!

[Denis Kalic @brrrrbros]

@rajsinghchohan When I think of physical and burst it has to be Yaya.

[Denis Kalic @brrrrbros]

@Kasemiireraquel The world would erupt into a nuclear war. I’m pretty certain.

[Denis Kalic @brrrrbros]

@bkavoussi @BillAckman There will never not be a shortage in NYC. You couldn’t build enough to alleviate a shortage. It’s not like Texas cities. It’s a small land area and it’s incredibly expensive and hard to build.

[Denis Kalic @brrrrbros]

@SkyBet For anyone saying Bernardo last… Please explain why!

[Denis Kalic @brrrrbros]

@EYakoby @kdgt This is propaganda. Plenty of Muslims gladly coexist throughout the world. Look at NYC. Most Jewish-heavy locations outside of Israel and Muslim-Mamdani won the Jewish vote over an Italian Cuomo.

[Denis Kalic @brrrrbros]

@Michaelfiore I live in NY and my whole backyard is turf. Everyone called me crazy for doing it, now everyone loves it. Looks beautiful year round, doesn’t require a landscaper, and if you have kids they don’t get dirty playing and rolling around in it!

Plus I save on water bills!

[Denis Kalic @brrrrbros]

@robbiehendricks This is me, but I did leave the job. I can tell you that leaving the job made life easier and less stressful.

[Denis Kalic @brrrrbros]

@Arsenal Arsenal has a chance to set a record this season with a 2nd place finish!

No team has ever, in English top flight history, finished runners up four times consecutively. Epic.

[Denis Kalic @brrrrbros]

@recap_david Renovate

[Denis Kalic @brrrrbros]

@sweatystartup I’m realizing this now. But you take time to re-organize yourself, your properties, and everything else.

[Denis Kalic @brrrrbros]

@hubermanlab There’s definitely a few code violations the building department is going to require the owner to fix after watching this video.