How does one get started in the business of rental arbitrage?

How does one get started in the business of rental arbitrage?

Rental Property Investor · Tampa, FL · Member since 2021 · 9 posts · 6 votes

Hey everyone,

My name is Justin Lopez. I’m an aspiring investor in the tampa Bay Area! This year I should be able to quite my first property as well as dip into rental arbitrage. I’m currently in the process of networking and researching more about rental arbitrage! If anyone has done it within our area, I’d love to connect. Curious to hear thoughts, advice, successes, and even failures. Thanks in advance, look forward to chatting.

1Reply
34 views

Most Popular Reply

Investor · Las Vegas, NV · Member since 2013 · 8k+ posts · 10k+ votes
4y

Feel free to click on the magnifying glass in the upper right. This is literally asked monthly if not weekly. It’s regarded as a pretty bad deal since you usually have to lie to the landlord.  You’re better off buying anything and househacking it. 

See this reply in the discussion

7 Replies

Jump to latestLatest
  • Bruce WoodruffPro Member
    Contractor/Investor/Consultant · San Diego / Phoenix · Member since 2021 · 12k+ posts · 15k+ votes
    4y

    Are you interested in STRs? This might be better suited in another section of the forum...?

  • Investor · Las Vegas, NV · Member since 2013 · 8k+ posts · 10k+ votes
    4y

    Feel free to click on the magnifying glass in the upper right. This is literally asked monthly if not weekly. It’s regarded as a pretty bad deal since you usually have to lie to the landlord.  You’re better off buying anything and househacking it. 

  • Investor · The worst town to live in, KS · Member since 2016 · 4k+ posts · 4k+ votes
    4y
    Originally posted by @Bill B.:

     This is literally asked monthly if not weekly. It’s regarded as a pretty bad deal since you usually have to lie to the landlord.. 

     No, it's asked about 6-7 times a month.

  • John UnderwoodPro Member
    Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
    4y

    This are is for investors who purchase property.

  • Rental Property Investor · North Fork, NY · Member since 2016 · 1k+ posts · 631 votes
    4y

    @Justin Lopez congratulations on acquiring your first property. Do you plan on house hacking it, renting it long term or short term? You found the right forum to ask about STR.
    Arbitrage support isn’t likely to be found here because it’s like managing someone else’s property and calling it investing. It’s good for getting experience though and so is reading the volumes of advice here. 
     

    Good luck and welcome.

  • Rental Property Investor · San Diego, CA · Member since 2015 · 96 posts · 59 votes
    4y

    @Justin Lopez

    Generally one gets started by listening to some Tik Tok influencer who doesn’t fully explain why arbitrage is both a potential nightmare and not really a strategy for building wealth…..

  • Rental Property Investor · Tampa, FL · Member since 2021 · 9 posts · 6 votes
    4y

    @Doug H.

    I’ll be honest with you and tell yo that this is exactly where I heard the idea. I have been doing my investigations and trying to figure out if this is for me or not. I wanted to get started and I am going to get start, just don’t know how to attack it. I am buying my first SMF with in the next two to three month (waiting for funds) so that I can house hack.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.