Seeking advice on finding an Airbnb Investor/Partner

Springfield, Massachusetts
Short-Term & Vacation Rental Discussions
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Seeking advice on finding an Airbnb Investor/Partner

Abdurrahman Munir
Member since 2025 · 1 post · 0 votes

I have a big house in a small town in Western Massachusetts that I am looking to turn into an airbnb but I do not have the capital to do so. I am wondering, is it possible to find someone who is willing to front the cash to turn the place into airbnb then share the profits. Are there websites or forums to find people that would be interested in that. Additionally, if the house needs a fair bit of repairs would such an investor still be interested?

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  • Myka Artis
    Rental Property Investor · Arlington, TX · Member since 2016 · 706 posts · 611 votes
    1y

    Suppose you have the property, you could do an arbitrage split model with a person looking to arbitrage and split the profits. They would probably be willing to front the furniture costs depending on the cost of the repairs. You can find them all over Facebook groups, but you would need to do your due diligence and ensure they have the experience to run a short-term rental effectively.

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  • Collin HaysBusiness Member
    Property Manager · Gatlinburg, TN · Member since 2020 · 3k+ posts · 4k+ votes
    1y

    So the money guy is going to split the profit with you because…???

    The money guy is simply going to buy their own house, hire a PM, if (s)he doesn’t self manage, and keep all the profit.

    Your best bet is to go to the bank and get the reno money. Borrow it against the equity of the property or something else you own. 


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  • Andrew SteffensBusiness Member
    Tampa, FL · Member since 2022 · 3k+ posts · 3k+ votes
    1y

    I agree with Colin that borrowing from a bank is likely the easiest and cheapest route. You can do HELOC, BLOC, or personal loans as well as other options.

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