I'm curious if anyone has experience with STR arbitrage in Spokane, Washington? It's my first time and I'm having trouble finding landlords/ property management companies that allow tenants to sublet for STR.
Contractor/Investor/Consultant · San Diego / Phoenix · Member since 2021 · 12k+ posts · 15k+ votes
3y
Do a search here on this forum and you will find many topics on arbitrage. Most opinions are negative and you will see why if you read the posts. I mean, why would a property owner let you rent their house and then you re-rent it out without their knowing who is in their house?
But I admire your go-getter attitude and wish you luck!
Olympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
3y
Just had to get that out @Alexis Andrach. You will find that most owners/pm's/landlords won't allow it. It can be a real nightmare for owners if things go south.
I would forget trying landlords and property managers. I would try direct owners instead. At least you are talking to the owner rather than an intermediary.
Either way I would just start saving up to buy a property.