Airbnb Arbitrage in Greensboro

[Jayme Currie]

Hello!

I'm closing on a new property next week that I think would make a great STR. However, I don't currently have the bandwidth to furnish and manage it myself so I am considering an Airbnb arbitrage arrangement (signing a year lease with a host who will furnish/list as STR). Has anyone here tried this before? What provisions do you add to your standard lease in this situation?

Thanks!

[Luke Carl]

Thats’s @John Underwood department 

[Robert Phillips]

@Shelby (Osborne) Johnson has some experience with STR arbitrage. She may have been on the operator side though.

[John Underwood]

I'm not sure you can someone willing to putting the money into furnishing your place and getting it up and running for a year lease. Maybe you can, then you can take it over if they prove sucessful since they won't own the place.

[Nathan Faucett]

Quote from @Jayme Currie:

Hello!

I'm closing on a new property next week that I think would make a great STR. However, I don't currently have the bandwidth to furnish and manage it myself so I am considering an Airbnb arbitrage arrangement (signing a year lease with a host who will furnish/list as STR). Has anyone here tried this before? What provisions do you add to your standard lease in this situation?

Thanks!

Hi Jayme - my partner (@Matt Hotze) and I actually host Arbitrages in Greensboro so we have a lease that we have created. I'll send you a PM