Updated about 4 years ago on . Most recent reply
Short Term Rental Arbitrage
Hello, with short term rental arbitrage is that when you sublease a property and rent it as a short term rental? Depending on the location of the property would it be best to use STR arbitrage for individuals going on vacation or to use it as corporate housing for the short term? I'm very interested in finding out more what about what the uses of STR arbitrage are!
Most Popular Reply
Evan,
Everything the people above commented are truths about the pitfalls of STR.
However, there are many who find a ton of success using arbitrage. If it cashflows, does it really matter what method you use? Of course there will be many opportunities that don't work out, which is why you should be selective. Arbitrage is a great strategy when you consider the cash flows you could have.
Additionally, you should know that renting out nightly's is not the only airbnb strategy out there. You can choose to rent out for months at a time as well which is an entirely different market. Furnished Finder is a great platform to find traveling nurses. So consider the location and see how you can provide value to an area.
Be careful of the concept, "This will never work". Instead ask, "How can this work?".
No doubt that you will find exactly what you are looking for. Keep grinding!
Always feel free to reach out as well!