Today’s interview is a little different as we're interviewing Julie George who is considered to be a disruptor in the industry as she is an expert in setting up and running an Airbnb business. As of recording this interview Julie has released a book called Million Dollar Host which I will link to in the show notes and in our interview we discuss how Julie invested $30,000 to get a 5 million dollar return in 2 years. Anyway, some of the key highlights from the interview include, Julie’s first Airbnb experience where she took a one-bedroom unit in Cairns that was renting for $240p/w to $600p/w consistently through Airbnb, Julie’s first client and how she was able to use Airbnb to create a positively geared property, The realistic risk of whether Airbnb will actually work for an investor and Julie’s formula to make sure the property can at least cover loan repayments, How future competitors like Google are creating platforms to compete with Airbnb and how this will impact their offering AND How property managers are using Airbnb as a ‘Part’ of the big picture of servicing their client and developing stronger long term relationship. Julie’s interview was very funny and educational at the same time. Her journey is fantastic to listen to and if you are considering adding Airbnb into the range of services you offer within your office then you really do have to listen to this interview. This is one of the best interviews we have had on The Hot Seat.