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Updated about 1 year ago on . Most recent reply

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Deondras Hagan
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STR and AirBNB Beginners advice.

Deondras Hagan
Posted

Hello good people 

I am interested in STR and AirBNB, arbitrage hosting. Does anyone in the Houston area have any good advice on locations or landlords to reach out to?

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Yiwei Cheng
  • Investor
  • Cincinnati, OH
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Yiwei Cheng
  • Investor
  • Cincinnati, OH
Replied

There are lots of people who do arbitrage and also promote courses on "getting started with $0".  I have done it myself and I have to say that owning assets is the way to build real estate wealth. Otherwise it's just another stream of income like a job.  It's fine if you want to do it but just know that you're on the hook for rent regardless of whether you make money or not & you are not building assets for yourself.  No one will give you names of landlords to reach out to so you need to find them yourself and call them to make sure they are okay with you doing that.

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