Last Updated: April 28, 2026 (Price & Content Verified)
Steven Billman, aka Steven Billmas, says he went from military to millionaire by doing rental arbitrage on Airbnb.
Now he has a mustache, cooler hair, bigger muscles, and whips donies in a Lambo.
I'm not saying Steven's a legend, but I'm not not saying it, either.
Steven currently has 17 Airbnb units that collectively brought in over $2.1 million last year.
Go back a bit, though.
It wasn't always seven figgies and chicken tendies.
After he left the Navy, Steven was sleeping in the back of his truck. He tried day trading, crypto, affiliate marketing, and drop shipping, all to no avail.
Read on for Rent2Riches reviews.
So what did Steven do next?
He attended a real estate seminar and discovered rental arbitrage.
That's where you rent a property from a landlord, and then, with their permission:
- Furnish it.
- Get photos taken.
- List it on platforms like Airbnb, Vrbo, and Bookings.com.
- Or even rent it out to insurance companies, traveling nurses, and people relocating while their house is getting fixed.
You hope to make more than what you're paying in rent, and keep the difference. That's the idea.
An idea Steven became obsessed with.
Four years later, he had kicked down the door to become a millionaire.
And so can you.
Step #1, he says, is to use a tool called AirDNA to pick a winning market.
Yes, you can do this remotely. All of Steven's properties are in different cities.
Once you've done that?
Step #2 is to find a property and close.
Steven glosses right over how to do that, stating only that, with his pitch, landlords prefer to work with him over traditional long term tenants.
Right, gotcha. So then what?
Step #3 is to model the competition.
Find an STR in that area that's already killing it, and mimic what they're doing.
Especially from a design and marketing standpoint.
From there?
Step #4 is to automate as much as you can.
Cleaning, laundry, check-ins and check-outs, communicating with guests, dynamic pricing, managing reviews, etc.
And then?
Step #5 is to rinse and repeat.
Run that back, Turbo!
That's basically Steven's approach to BNB arbitrage, in a nutshell.
But there's a lot he left out.
Like what? Oh, I dunno, you still have to:
- Establish an LLC and open up a business checking account.
- Get a business phone number, email address, and mailing address.
- Set up a corporate-looking website.
- List your LLC on Google, Yelp, Bing, etc.
- Apply for business credit cards.
- Buy all sorts of different software and tools.
- Hire a virtual assistant, a handyman, cleaners, plus or minus an accountant - oh, and a lawyer probably wouldn't hurt.
- Create standard operating procedures.
- Manage everyone and everything.
And that's just off the top of my head, from what little I know about STR arbitrage.
It goes without saying but there's no way I'd ever do this.
I can hardly peel myself off the couch and waddle to the kitchen to throw a frozen pizza in the oven.
I'm more of a napper than an entrepreneur.
But mad respect if you're up for the challenge.
If so, Steven sells a 6-Figure Rental Arbitrage Program for a one-time fee of just $27.
Here's what you'll get:
- The entire BNB Syndicate Launch System featuring eight modules of in-depth training so you can start securing properties right away.
- The Novice-to-Pro Accelerator that breaks down Steven's acquisition and automation system that made him over $1 million last year alone.
- Plus private access to the BNB Syndicate Facebook community where you'll receive accountability and support and can connect and partner with other Airbnb arbitragers.
Hmm. What's the catch though?
It's all designed to funnel you into Rent2Riches, his $7,500 flagship program (4.9 stars on Whop, 30 reviews).
Steven's legit, but he's been selling challenges, courses, and coaching since he started in Airbnb.
Add in a lawsuit, a name change, and that steep price tag?
And I can only give this a 7.5/10.
Q&A
Q: Steven Billman net worth?
A: Well, he claims he makes over $2 million a year on Airbnb, and I'd assume the coaching business isn't paying him in Robux either. Judging by the G-Wagon, Lamborghini, and "look how free we are" lifestyle content, he's doing alright. Annoyingly alright.
Q: Wait, you said Steven got sued?
A: Yeah. A civil complaint under Jason Puga vs. Steven Billman was filed in North Carolina in 2024. Seems like it's linked to Luvelle Luxe LLC, BNB Syndicate, and Steven's rental arbitrage mentoring business. I couldn't verify the full complaint details, so don't take that as proof of wrongdoing. But between the Rent2Riches rebrand and now him showing up online as Steven Billmas, you have to wonder if he's trying to distance himself from it.
Q: Rent2Riches alternative?
A: Digital real estate. Which is where you build simple little websites, get them ranked, and rent them to local businesses that want more customers. Zero landlord nonsense and you never have to figure out what that brown stain on the mattress is. Here's more info.