Deals & Dollars: Real Estate Investors and Entrepreneurs
Welcome to the Deals & Dollars Podcast, hosted by David Choi, Eric Panecki, and John Libretti, three real estate executives from the New York City metro area. Every week, they bring on the best real estate investors and entrepreneurs they know to learn about how they got started, how they source their deals, and -- most importantly-- how they make their dollars.
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Deals & Dollars: Real Estate Investors and Entrepreneurs
Airbnb Arbitrage to Financial Freedom in Under 12 Months w/ Veronica Chau
On today's show we have Veronica Chau, a former kindergarten teacher turned entrepreneur, will take you through her remarkable journey from the classroom to travelling the world... completely financially free! From selling handmade stuffed animals to growing her business on Tiktok, Veronica’s story is a great example of Gen Z entrepreneurism.
Transitioning from a fixed salary to an unpredictable business model can be daunting. Nevertheless, Veronica Chau stepped up! She embraced the novel concept of Airbnb Arbitrage - renting out properties, sprucing them up, and making a profit without ever having to purchase her own investment. Hear how Veronica, armed with nothing more than a blow-up bed, her furry companion, and unyielding determination, moved to Michigan to kickstart this venture. From aligning with a mentor to signing leases and setting up listings, Veronica’s narrative lays out the potential and challenges of Airbnb Arbitrage.
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All right. Today we have a very, very special guest, veronica Chow. She is one of my oldest friends from college. We started becoming very close during freshman year and we stayed in touch over the years and, quite frankly, over the last over just the last 12 months, I think, like 12, 13 months you've made such a drastic career shift in your life and obtained what everybody in the country that I know wants to obtain financial freedom. And you did it in under 12 months, right? And so I want to bring you on, not only because you're an inspiration to me, right, that people who do dedicate their time and effort to learn a craft and master it can obtain financial freedom, but I think that your story is inspirational to anyone listening today. So, veronica, what do you tell me in the audience? Just a little bit about who you are and what it is that you do.
Speaker 3:A year ago I was a kindergarten teacher. I taught for four years and while I really enjoyed being there with the kids, I felt like kind of stuck because the harder I worked I wasn't getting anything in return. I mean, it kind of sucks because you get the fulfillment from the children, which is amazing, but as far as like compensation or success, you can't really obtain that as a teacher. Or really like a lot of fields right, Like I could be the best grocery bagger ever, but at the end of the day, that's all you're going to do.
Speaker 2:You're never going to get financial freedom that way.
Speaker 3:Yeah, you can't. Or like it wasn't really about the financial freedom. It was like more so like recognition or maybe like a promotion or a bonus or something right, and like in that field you just couldn't, you couldn't level up.
Speaker 2:Yeah there's a good glass ceiling.
Speaker 3:Yeah, exactly, I think a lot of people have that issue and I just knew that I wanted to do a lot more and that I had more to offer than just your daily nine to five. So I did that for four years and I felt kind of stuck. Oh my God, I started a business selling stuffed animals, you remember?
Speaker 1:that I remember.
Speaker 3:Yeah, when I was in college, like in my dorm room, I like made these stuffed animals for my like ex-boyfriend at the time. He's like I don't want these, just like put them online. I didn't know what to do with all of them, so I put them on Etsy and like people started buying that.
Speaker 2:Yeah, like a lot of them, like 10 or like 100.
Speaker 3:So I sold like to this day. I closed my shop because it was like slave labor. But like I made like 1400, a little over 1400 of these, Wow, and it made around like 60 grand.
Speaker 2:That's awesome.
Speaker 3:Yeah, like I'm selling it with my own two hands. You know like making these things.
Speaker 2:So you would actually make them yourself? Yeah, I'm sitting there in my dorm room, box them up and just sell them.
Speaker 3:Yeah, I box them up, I ship them out all over the country, all over the world, actually in different countries as well.
Speaker 2:That's smart, though making them yourself. The profit margin on that was probably significantly higher than if Incredible. You're getting them from wherever you know, putting your label on it, selling it.
Speaker 3:And as, like a teacher too, I got discounts for like the craft stores and stuff and I asked David I'm like hmm, how do I like scale this? He's like you can't because these things were so originally made. I would make things that people can't buy in stores, which made them different, but because of that it was really hard to, like you know, wholesale it or mass produce them because they're so specific.
Speaker 1:Yeah, like an anime character on, like Dragon Ball Z from the original series Like can you make this guy?
Speaker 3:Yeah, like some random background character that nobody cares about Like somebody would want that Something super, super specific.
Speaker 2:Yeah, got it Okay.
Speaker 3:Yeah, so there was no way to scale that. So I tried and I've always like had this like entrepreneur side of me, but I didn't really know how to get there, what to implement?
Speaker 2:I don't know the story of you selling crack Um when you were in high school.
Speaker 1:I was just kidding.
Speaker 3:She got so scared I was like I could make this up right now.
Speaker 2:Like, do you?
Speaker 3:want me to play along? Cause I All right.
Speaker 1:So so you, you're a teacher, right Um?
Speaker 2:yeah, you got this glass ceiling.
Speaker 1:You've always had this entrepreneurial spirit in you. I remember like both of us were absolute degenerates. Freshman year.
Speaker 3:Oh yeah, oh yeah Plus on academic probation. I had a 2.0.
Speaker 1:She transferred out and I'm like seeing her every once in a while. She's like David, like um, I want to be a teacher, I want to be the best teacher and she's getting like four point, she's getting 4.0s every single semester.
Speaker 1:Yeah, and like, then she becomes a teacher and I'm in California and she hits me up. She's like you're in California, you've got to hang out with me, so we get breakfast, right. And Veronica is like all right. So I'm at this point in my career where this just isn't working for me. Like what do you think I should do? Right? I don't want to tell the whole story, okay.
Speaker 3:The way you see it is like very different the way I see it. Okay, so it sounds really easy, right, like, oh, we just get 4.0s. It was not easy at all, like, um, you know how people are, just like born smart, like that was not me, I was not born smart, I had a 2.0. I was on the volleyball team so I thought I was the shit right. I was like ah like let's go party and like play some volleyball yeah.
Speaker 3:Um yeah, yeah. So then I had to transfer, quit the team in order to get this 4.0, because you know my parents would call me house school and I would just cry and I was so embarrassed. So then I um, I was like I got to get my shit together and you got to make some sacrifices.
Speaker 2:You can't, just you can't, do it all.
Speaker 3:Yeah, you can't just do it. So I had to transfer schools and I was like, if they accept me at Montclair State University, I swear I will dedicate my entire life to making them feel happy that they accepted a person with a 2.0 GPA. So, um, from then on, six credits transferred from Rutgers to Montclair, because that's how bad I did in school and I took like 30, right, you have to take 15 per semester.
Speaker 3:I took 30, but only six of them transferred. So I was like I don't want to take an extra year of school. So I um was like I got to graduate in three years and as a teacher you have to student teach your last year. So my junior year of college I took 53 credits total.
Speaker 2:Wow.
Speaker 3:And that took. Like you know, I had to take seven classes every day, all day.
Speaker 3:Yeah, five in the summer. I maxed out like all the classes. I had to get the Dean's approval because you're like not allowed to do that. They don't just like let people take that many classes. You have to prove that you can like do it with a 4.0. So it wasn't just like that easy. I like mentally wasn't right in the head. I saw the school psychologist like didn't go out. I stopped drinking for two years. Like you know, those are the sacrifices I feel like you have to make Absolutely. But I graduated summa cum laude, top 2% of my class, and I was like I'm going to be a teacher and make my parents proud of me because that's, you know, they care about the tangibles. You know it doesn't matter like how you feel, as long as like on paper you look smart. So yeah, so um.
Speaker 3:I graduated and then I got a job right out of college because of this incredible resume that I developed. And on my birthday of last year I got into a car accident. Somebody rear-ended me and I got a concussion that put me on disability for two months and then when I returned, they laid me off. So I was out of a job and then I didn't know what to do. I was like this is my chance to kind of do something new. And then I went to like 20 different job interviews. I didn't want to, but I felt like that's all I really had left. So I finally got hired as another kindergarten teacher at a school nearby great school.
Speaker 3:The thing is they didn't count any of my years that I did at my old school, because the school was brand new and apparently it's not like accredited and it was pending accreditation but it wasn't fully accredited. So they were going to pay me like $6,000 less, which isn't that much, but like I already felt like I was underpaid. All teachers are kind of underpaid, so I don't know it kind of sucks right. I was like, am I going to like do this all over again and for less pay too? So then they told me to sign the papers and it was the first day of school.
Speaker 3:It was a Monday, first day of school and I didn't want to because I was like, well, maybe we can like work something out and they can, once they do get accredited, maybe they'll reimburse me or something like that. So I didn't sign it and didn't go to school first day of school on Monday, I just slept in and I think it was like nine o'clock and I texted David, or he texted me, and I was like, what are you doing? He's like want to get breakfast? And I was like, yeah, because I didn't go to school today, I have nothing to do.
Speaker 2:Oh, this is that day.
Speaker 3:Yeah, this is that day, and then we met up for breakfast and then they sent me a message that were like are you going to accept this job you have till the end of the day? And then, after our conversation, he kind of like gives me this motivation, he kind of believed in me which I never really did for myself, which was nice and devised up a message to send back to them that was like no thanks, like we're going to decline your offer. And that was a significant moment for me. That day I put in my 30 days for my apartment and I yeah, I denied the job, put in my 30 days and I was gonna sell all my shit and move to Michigan to start a business.
Speaker 2:Okay.
Speaker 3:Yeah.
Speaker 1:Yeah, so this is where shit gets crazy.
Speaker 3:Tell your side. I want to hear this so that all happens.
Speaker 1:She's having a meltdown. Honestly, she's like what are you? Crazy like oh yeah sure you want me to say this, like I'm like, listen I. I Can't promise that you're gonna succeed, right, but knowing who you are, right. You have the same personality assessment as me. Any ramp eight, right. Her PI is the same. I said and I know that, like whatever you, she used to when she was studying for for a 4.0 in Montclair, she would like hold in her pee to like study more.
Speaker 1:You can't tell people you know, I like didn't want to go back.
Speaker 3:I didn't want to eat. I want to go bathroom because I just like she was like those were distractions. Like every time I would study and I would get hungry. I'd be like dang it. Like now I got a waste fucking time to go eat. That distracts me from my studying.
Speaker 1:It's that level of insanity that I know wins no matter what right. Like that, I'm gonna do this. It's gonna win, no matter what right. I had a conversation this morning Brendan right, he's like I don't know if you should do that because it might go wrong.
Speaker 2:I said, brendan, it's gonna go right, no matter what we're gonna win, no matter what it's gonna win, it's not an option to like you can't tell me that, because even if this is a wrong decision, I'm still gonna do it and it's still gonna work, yeah, you know.
Speaker 1:And so I felt like she had that intangible, like I'm gonna get it fucking done.
Speaker 2:Whatever, whatever obstacle life throws in my way, I'm gonna navigate, I'm gonna pivot. It's gonna fucking happen. It's simple as that, exactly, exactly.
Speaker 1:Yeah. So I'm like look, You've had experience Airbnb, right. You've Airbnb one of your spare rooms in your apartment before. You're very good at design, like she literally crafted 1,400 unique dolls on Etsy, right, she has to work ethic.
Speaker 1:I'm like Airbnb arbitrage is a real thing, yeah right she's already been like, look, she's already like been following people on it, she's already had this passion and she's like, look, this is kind of what I'm thinking already and I'm like I know a guy. You need to connect with this guy. He's actually a coach. He's he's hiring people. So I put him in touch. We won't say names, right, but I put him, I put her in touch and then Roche, within the week she's fucking flies into Michigan, sold all her shit. She's living in Michigan now, right, okay, I wish I could show you guys photos, because the plane ride there cats pissed all over her.
Speaker 1:Oh my god, she's laying on like this, like blow up bed. She's crying, she's like David. I'm in the ghetto of Detroit.
Speaker 3:So you're thinking like okay, I moved to Michigan to start a business, right, where do I live? Yeah so this guy who is gonna teach me how to, he's like a mentor right.
Speaker 3:And it wasn't free. We paid him $10,000 to teach me how to do this and when we visited him, he negotiated a deal with this guy to get a house to rent the house and he said it's a completely empty place. It could be yours If you help decorate it and stuff, and not completely. He gave me 25% of all the houses that I would decorate for him and furnish Not just decorate, but you got to like order all the shit right. There's a lot of things you got to like. Yeah, keep in mind, like pots and pans and fire extinguishers, like smoke alarms, from all that to bad landings, to everything.
Speaker 3:Linden, pillowcases, all the shit right, and then you have to decorate it on top of that, and so it's a lot. I get a smart lock installed, ring camera, right it's. It's more than you would think yeah.
Speaker 3:Yeah, and so when I arrived, there was only like a couple items that I ordered, and I ordered like the necessities. It was like a mattress and blankets and pillows. Normally they would have heat, but because it was a brand new place, like they didn't transfer the utilities yet so it was freezing my cat was like freaking the fuck out. I was just laying in this bed underneath the blankets just crying my eyes out like fucking David.
Speaker 2:She's like what did I love him talk me into doing?
Speaker 1:I was so proud of how miserable she was. I was like this is what makes fucking more. Yeah, veronica, yeah, keep going.
Speaker 3:Yeah, he's like you better document this shit, so like I have videos like to this day of myself just like sobbing, like David told me to record this.
Speaker 1:Great fucking content yeah, that's.
Speaker 2:I mean, that's the stuff you look back to now and you're like, oh shit, like I. Did you ever think then that you'd be here now?
Speaker 3:No, and I think those are gonna be worth something one day 100% you know.
Speaker 2:Think of where you're gonna think, of how you're gonna feel when you're looking at those videos. When you have 30 properties not three right when you're 10 times further along than you are now, you're gonna look back and be like, wow, shit. I'm making those cats, those cats piss, yeah, yeah those cats pissed all over me on my way to my first. You know that's awesome.
Speaker 1:Yeah, no, it's, it's so the story just gets. It's like a, it's like honestly like a drama she gets. So you get coaching from this guy.
Speaker 3:The deal was we had an operating agreement. Yes, okay.
Speaker 3:It was for 25% for every place that I set up for him and I had to go and get these deals. So I have to go call up landlords, convince them to sign this lease, and then I have to order all the furniture, get everything built, set up, ready to go list it on Airbnb and then, once it starts making money, then I would get 25% of the net profits. That was the deal. And so at the time David was like you know, when you go to school you pay them. You know, like tuition to teach you, like here you're working yeah, you're not really getting paid, but like he's technically gonna pay you eventually. You know, once these places start making money, and what deal would you ever get that allows you to do that right? So we thought it was like a great opportunity. Plus, I get so much experience not using my money but, you know, using someone else's to furnish these places.
Speaker 1:How many deals did you get in, like how you got 18 deals signed for him and furnished?
Speaker 3:No, no, I got 18 total for the year which includes Joseph's, yours mine, you know. So I got five for him in one month. So I was in Michigan for one month and the reason why I worked so hard like I didn't even sleep, I was constantly on the phone, 120 hours a week trying to get him more Airbnb.
Speaker 3:To get five listed in one month, I think is a lot, and it was because if I didn't have one ready to go, I wouldn't have a place to sleep, because once we like listed, I don't have anywhere to go Cause that's where I would be living until it's listed.
Speaker 2:So then, like and then you go to the next one, then you go to the next one, the next one, and it was hard.
Speaker 3:I had my cat, I got her litter box, her food, you know, and I was driving a fucking U-Haul because this guy wouldn't rent me a car. I mean, he kind of did. It was a U-Haul to like move furniture but, like come on I would have done the same thing.
Speaker 2:You're like going to Starbucks on the morning and like your U-Haul truck, I would have done the same thing.
Speaker 3:Yeah, and I had like no friends out there I was hanging out with like the handymen and like they were all like ex convicts I'm not even joking, this is Detroit bro, yeah, no, you're in the heart of it.
Speaker 2:Yeah, Detroit, like is good out there A mile Detroit, yes, yes.
Speaker 3:Yeah, they were very nice, and to this day, like I would still keep in touch with them, like you know.
Speaker 3:But it was like kind of sketchy, you know, and that's what I had to do, and I was like I need to get another place or else I have nowhere to live. And then my sister was getting engaged, like a month later. So then I was like, ooh, that could be my out, because I don't have another place lined up anyway. Like where am I going to go? And yeah, that was like when I left and it was right before the holidays. So then I was like I'm going to go spend time with my parents and stuff.
Speaker 3:And then the guy was like, well, why don't you go back to LA, which is where you live, and then you can get me some deals out there too, and then you'll be happier because, like that's where you live, your car's there. And then I got him four units out there, furnished, ready to go. And this time he was like, well, we're not going to give you the 25%, we'll just pay you off. So we'll just give you two grand per unit, which at the time I didn't care, I was like whatever. But the reason I think he was smart about that because the properties in LA are way more expensive, it's going to make way more money. So the 25% in Michigan isn't 25% in LA.
Speaker 3:So then, last second he was like oh, by the way, instead of 25% we're just going to give you the 2,000 per.
Speaker 2:Probably should have been like 10 grand per I met this guy at a mastermind event.
Speaker 1:He was only there for one quarter and then never showed up again. But I had a couple drinks with him so I was like, oh, he's my boy. And every time I texted him or DMed him he was always responsive. Long story short, we shook hands. Veronica signed an operating agreement, he totally. Well, I got to say names for a reason. But, brother, if you're hearing this, you got to do the right thing, man.
Speaker 3:He was saying how they're all at losses. Every month is a loss.
Speaker 2:So which isn't?
Speaker 3:I mean mine are going crazy right now. They're doing so well. I don't know how anyone could get a loss. I think you got to be stupid, and so apparently all of them that I've got for him are at losses.
Speaker 2:Now, just all of a sudden losing, all losing, yeah, all of a sudden I don't know where.
Speaker 1:Yeah, it was kind of like what started. That was like she's like look like I set you up on like like 15 Airbnb or something like that. Like I feel like I appreciate what you've done for me, but I'm going to go out and do my own thing, right, like I'm only getting two grand a deal now in the areas I am. I'm just going to go out and do myself. And once that happened, he's like all right, fuck off now. But now she's off on her own.
Speaker 2:She's just need to work anymore Now.
Speaker 3:I feel like working is tacky. I'm like you don't got to work, Just like chill.
Speaker 1:Just get to fucking three nice Airbnb, but I also don't need as much.
Speaker 3:You know, I feel like you guys like nice things. A lot of people like nice things, like I'm cool with making more than what I was teaching and now I'm just like chilling, not having to do anything, and I'm OK with that, you know.
Speaker 1:So you started your. You officially left working with the gentleman and then you started grabbing your own deals. Right now you have three kicking off I don't know, like $6,000 a month.
Speaker 3:It depends on how much it is. So I've won the rents like 3300. It'll make like around 7000. So net would probably be like four, three or four. And then the other two are just simple. One bedrooms Rents like 2450, it'll make around five grand. So those are like around two grand, so then it's like nine grand a month yeah it's pretty good and a lot of people want to have these big properties, big mansions, and they'll make more money per property. But I think the bigger the it's like more liability, right.
Speaker 3:The bigger the place people throw parties and stuff.
Speaker 2:But like a little rinky dink one bedroom, no one's gonna do anything Like it's very simple how big of an issue are you really gonna have, right the big mansions a problem? You know you're gonna have a 20 grand problem all the time.
Speaker 1:So you're clearing six figures right and quite frankly, veronica, I follow you on Instagram, so I know your lifestyle. This girl's going to this country and then she's in Germany.
Speaker 2:I mean, I was just talking to Renzo, and you guys have been traveling for two months, so yeah, we've been out in a ball.
Speaker 1:She goes play volleyball in the morning, whatever she wants, that's the best.
Speaker 2:I want to back it up though real quick, cause obviously I'm, obviously everybody in this room knows with Airbnb arbitrages, but can you kind of break it down for the people that are listening that don't fully understand what it is in? Like a simple form.
Speaker 3:Yeah, so Airbnb arbitrage. So you know how people buy a house and then they Airbnb it. Very simple, this is like you rent a house and then you Airbnb it, which is really good because it's almost like a get rich quick kind of thing. You don't really need to have a lot of money to do it and, unlike buying a house, which takes a lot of time, a lot of money, you can just acquire like 50 in one day. If you really wanted to, you could sign 50 leases. Now you have 50 Airbnb's.
Speaker 3:You know it's a very easy way to scale and, yeah, because of that, yeah, you have to pay rent, but if you do your market analysis and everything, you should just profit on each one. So those add up. You know, if you have like two or three, it's really not that crazy, but if you have like 10 or 20, you know you're making a lot of money every month and you don't have to do anything. You can just remove yourself from the situation. The cleaners, they do it. If anything goes wrong, you got like a handyman that'll do it and yeah.
Speaker 1:Very low maintenance.
Speaker 3:Low maintenance.
Speaker 1:Yeah, high yield business with very little upfront costs, it's. Everyone makes it out to be easy, but the fact of the matter is that she worked 120 hours a week for like a year and she learned the game right. So you're talking about she spent 5,000 hours over the course of one year just mastering the skill set, and so now, when she looks back, she's like, oh, any dumb dumb can do it.
Speaker 1:But, like dude, you got to call landlords. You need to be scripted, you need to know how to sell yourself, why this is a value add proposition for the landlord right. You got to be able to run your market analysis. Bro, I furnished two apartments. I helped Veronica furnish my two apartments in Jersey City. That was a fucking nightmare. It was a living hell. I was ripping off boxes. I was, I was. I've never put, I've never done these things before Putting the bed like oh my God, the duvet.
Speaker 1:Who was it? Who was it? It's a duvet, you know.
Speaker 3:The duvet on so that the cleaners can take it off and then wash just the outside, so they don't have to like wash the whole blanket. We like crawled inside of it. To like match the corners up because we didn't know how to like.
Speaker 2:Yeah, yeah, yeah, it can't roll flat Right there. That's so funny.
Speaker 1:So, like I was thinking about like doing a little bit of Airbnb arbitrage, and I furnished one place and I was like this isn't for me. I like making big clips one time, one at a time. I don't want to have to deal with furnishing. So this was like an acquired skill. It's easy now. Now it's clockwork to you.
Speaker 3:Yeah, but it's also like very enjoyable for me. Like I love decorating shit and like I won like every door decorating contest when I was a teacher. I would always go above and beyond and like one time they gave me like a pizza party for my kids, you know, which is cool, but like dude, that was so much work and now, like I put in the same amount of work for my Airbnb's.
Speaker 3:I make them look beautiful and what I started to do was take videos and put it on TikTok and like a couple of my videos blew up and people love it and I found interns who want to work with me, work for me for free, and they come and they help me like get furniture and they help me like design posters and build stuff and they're so great. I'm very grateful for them. They're very reliable. Also, if you so, I get all my shit on Amazon or like Facebook Marketplace and I post them on my TikTok. So I'm like, oh, this is where I got all my furniture. So then when people buy it, I get an affiliate, whatever it's called.
Speaker 2:Nice, yeah, like affiliate marketing.
Speaker 3:Yeah, yeah, so like they pay me and like my furniture's linked on my storefront.
Speaker 2:That's so smart. See, now you're like, you already know what you're doing, right, you're going through the process, so now you're starting to make money in all these other little areas of like you know, and TikTok too, I got paid 1600 for a video a TikTok video of me furnishing the guest room in my parents' house.
Speaker 3:There was a lot of conflicting things, so I don't know if I should say this, but it was Father's Day and I didn't have any content, so I just lied and I was like, oh, I decorated the guest room for my dad for Father's Day. Wasn't even for him, but like whatever.
Speaker 2:But it's fine, it went, it worked, it went viral, yeah, and then I got so much criticism.
Speaker 3:People were like this isn't a room for a dad, this looks like a 16 year old girl's room, like. And then there were people that defend me and they were like you don't know her dad, you don't know what her dad likes. And then they just go back and forth. Oh my God, you should read the comments. They're crazy, that's crazy. That's what grows up.
Speaker 1:Yeah, all right. So I want to dig in a little bit more. We're going to end this soon, but I know because we're friends, right, and I know that you, even going off and doing this in the first place, your biggest fear was the shame oh yeah Of that you would receive from your parents, saying what the fuck is my daughter doing? She went to school, she's a teacher, she has a real job. Why doesn't she go find someone to marry and just settle down and live a normal life Like a good Asian girl, right? And she, her fear was like she's like, oh my God, my dad's going to judge me, my mom's going to judge me, she's telling me these things. I'm like, I'm sorry, but you got to go. Where are you now with your parents?
Speaker 3:I honestly don't think I make enough for them to be that proud, Unless I'm driving around a Lambo. It's really hard for them to really-.
Speaker 2:To be like oh shit, yeah, because how can you see, I get it.
Speaker 3:Like you know how I was, like I got to get a 4.0, I got to be a teacher, Like those things are tangible. They can see that, right, Like they can't really see how much money I'm making, right, it's like. But I think they can see that I don't have to work If I'm home more often and I'm not doing anything. But maybe they think I'm not making anything I don't know, right, how would they never know?
Speaker 2:No, I know what you mean, though it's got to get to like a certain level where, yeah, like you're pulling up in the Lambo, you got 10 million dollar house on the water. They're like, oh wow, like Veronica, holy shit.
Speaker 1:So, veronica, what's the future for you?
Speaker 3:I don't know. I think I'll get a couple more. I have one lined up right now that I'm just going to have to go back to LA for to set up real quick. I don't know where I'm going to go, you know, but it's kind of cool. I feel like I can go anywhere.
Speaker 2:Yeah, no, that's awesome. Though You're smart because you're doing your thing right, you have your properties, but then you're also like positioning yourself to be the go-to person. Right, I want to start doing Airbnb arbitrage. Right, I go get a property called Veronica. Hey, listen, can you do this? Can you get it ready to rent for?
Speaker 3:me.
Speaker 2:Maybe you're charging two grand five grand quick Existently too.
Speaker 3:I like to do it quick. You know she's a beast, she's a beast.
Speaker 2:So that's like a service, then you're providing, as you know, as like a whole of. That's awesome. I love the business.
Speaker 3:Yeah, and I get a lot of messages too on like Instagram of people wanting me to fly to Atlanta or Iowa you know to do their stuff too, and I'm like a part of me is considering that it's not really not about the money for me, like I'm just thinking it could be good content, not my money. I can just kind of like fuck around, make it look kind of cool, have more content, it's like fun. I have nothing else to do. And they'll pay me too like why not?
Speaker 2:Why not, of course, at?
Speaker 3:this point. I'm just trying to be happy. I'm a big all or nothing person. I'll either like get like as many Airbnb's and work really hard, or I'll just sit around and eat acai bowls and do nothing.
Speaker 2:Yeah, yeah, I'm trying to find a palace. I'm trying to take you like Asaibos.
Speaker 3:It's just like it's a California.
Speaker 2:Yeah, yeah, yeah, I'm trying to like find a balance now with just like.
Speaker 3:Maybe I'll do it if I feel like it. If not like like I don't need to, you know.
Speaker 2:That's awesome. That's amazing.
Speaker 1:Veronica, thank you so much for being honest and transparent and just sharing your story. If the people want to find you, reach out to you, where do they go?
Speaker 3:It depends they can find me on Instagram. I try not to annoy people with like some furnishing stuff. I try to do stuff on Instagram because it's like a lot of family and friends, but my TikTok I have like no filter. I'll just like rant about like my properties and stuff. You know I didn't share my TikTok with anybody for like the first like couple months because it's so cringy. I hate hearing myself talk.
Speaker 2:Oh my God, me too, I never I listen to these podcasts, but like I really don't like to, no, but you have a good podcast voice, I know.
Speaker 3:But.
Speaker 2:I hate listening. I hate, with a burning passion, listening to myself talk.
Speaker 3:Yeah, me too.
Speaker 2:Like when it echoes on the phone. Somebody got to hang up immediately. I'm gonna call you right back. I can bothers me, I don't know why. I'm glad you think so, though.
Speaker 1:Yeah, so I don't wanna share that. A friend that literally pulled me aside and called me and said that guy, John, he's got great radio.
Speaker 2:He came into the mic all soft. He was like John, you have such a great podcast voice. Yeah, you do you do you do?
Speaker 1:You're gonna suck life into you, brother. Anyway, the people, where can they find you, veronica?
Speaker 3:On Instagram it's Veronica X Chow, and then on TikTok it's Veronica Chow one Gotcha. But you know TikTok's kind of cringy, so don't take that too seriously.
Speaker 1:Chow C-H-A-U.
Speaker 3:Yeah.
Speaker 1:All right, Veronica, love you girl. Thank you so much for coming on the podcast.
Speaker 3:Thank you. Thank you for having me.
