For years, a popular entry point into short-term rental investing required no property purchase at all. The pitch ran roughly like this: rent an apartment on a standard long-term lease, sublist it on Airbnb, and keep the margin. Low capital commitment. Nothing owned.
Nicholas Korom spent enough time in the short-term rental category to build a firm around a different position. My BnB Accelerator, which Korom leads as chief accelerating officer from Denver, Colorado, is structured entirely around clients who purchase the properties themselves. They hold title. The reasoning behind that architecture, as the company has laid it out, shapes every other decision the firm makes.
My BnB Accelerator works with high-income earners who want to acquire short-term rental properties as both an income source and a way to engage with real estate tax strategy. The firm targets clients earning over $400,000 per year and handles the acquisition in what the company describes as a nearly done-for-you process. That includes identifying and vetting deals, negotiating price and terms, managing the transaction through closing, and then connecting buyers with co-hosting operators, interior designers, and third-party tax specialists who work in the short-term rental space.
One reason the ownership structure matters involves how the IRS classifies rental activity. Under a material participation standard in the tax code, a property owner who participates in managing their own short-term rental for at least 100 hours in a year, and for more time than any single other individual, may be treated differently from someone holding a passive rental investment. My BnB Accelerator is explicit on its website that it does not provide tax advice and that clients must work with qualified CPAs and attorneys for that guidance. But connecting clients with tax professionals who specialize in short-term rental strategy is a central part of the firm’s offering. Ownership is what makes that conversation available to clients in the first place.
The geographic logic follows directly from that framework.
My BnB Accelerator operates across 30 to 40 markets nationwide, according to the company. California is not among them, a position Korom has addressed directly in the firm’s public materials. The reasoning comes down to purchase price against income potential. In high-cost coastal markets, what a property costs to buy and carry rarely aligns with what short-term rental income can realistically offset. The firm’s standard for whether to present a deal to a client requires the property to cash flow after all expenses. In most California markets, the company’s position is that it does not.
The process that produces deals clients actually see is intensive. According to the company, the team reviews around 1,000 deals per week across its active markets and turns away 98 percent of them. Cash flow is one screen. Regulatory environment is the other. Markets where local governments have moved to restrict or ban short-term rental listings carry a different risk profile for property owners than markets with more settled rules. What clears both filters, according to the firm, includes properties in vacation destinations across the Pocono Mountains of Pennsylvania, the Smoky Mountains region of Tennessee, the Florida Gulf Coast, and markets in Arizona, Oklahoma, and Texas.
Operating in 30 to 40 markets simultaneously requires more than deal-sourcing. It requires people on the ground. Over five years, according to the company, the team has assembled a network of vetted co-hosting companies, designers, and general contractors in each area where it works. A buyer who purchases a property in a market they have never visited needs someone local managing bookings, handling guest issues, and maintaining the home. Finding and evaluating those operators across several dozen markets is work the firm absorbs rather than leaving to the buyer to figure out after closing. The company says that network is what makes the hands-off arrangement practical rather than aspirational.
According to the firm, My BnB Accelerator currently employs 15 full-time staff and works with dozens of part-time contractors. The company reports having closed on more than 500 properties for more than 300 clients over the past five years and says 80 percent of clients return for a second purchase.
Korom came to real estate after building and selling a technology business, Patient Rhino LLC, which he exited in 2022 for what the company describes as a multi-seven-figure return. He had started acquiring properties himself in 2019, beginning with long-term rentals before shifting to short-term rentals exclusively, according to the firm. His undergraduate degree is from the University of Wisconsin-Milwaukee, where he studied information technology management and supply chain operations.
The company publishes deal breakdowns and market analysis publicly, including sample properties with financial projections, video walkthroughs, and comparable rental data. For a business that asks high-income professionals to purchase real estate in markets they may not know, that level of public documentation before any conversation begins is not a small thing.