Looking for Superhost for STR Arbitrage Model (with Profit-Sharing option)

Looking for Superhost for STR Arbitrage Model (with Profit-Sharing option)

Member since 2023 · 24 posts · 8 votes

Is there an Airbnb Superhost who would like to work with one of my friends in an Airbnb Arbitrage model? My friend is willing to bear the initial upfront cost (i.e. 1st month's rent + deposit + furniture/furnishings) And the Superhost/Co-host will be responsible for managing operations such as listing, pricing, guest communication and coordination with the cleaners etc. It will ideally be a profit-sharing model. Hit me up if anyone is interested and I can connect. Preferred locations near Alpharetta, Buckhead, etc. My friend wants to be a passive investor. 

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Mike GrudzienPro Member
Lender · Eugene, OR · Member since 2019 · 2k+ posts · 1k+ votes
6mo
Quote from @John Underwood:
Quote from @Brad Smith:

Is there an Airbnb Superhost who would like to work with one of my friends in an Airbnb Arbitrage model? My friend is willing to bear the initial upfront cost (i.e. 1st month's rent + deposit + furniture/furnishings) And the Superhost/Co-host will be responsible for managing operations such as listing, pricing, guest communication and coordination with the cleaners etc. It will ideally be a profit-sharing model. Hit me up if anyone is interested and I can connect. Preferred locations near Alpharetta, Buckhead, etc. My friend wants to be a passive investor. 


 Why not get a boots on the ground local PM that is licensed and insured?


 John is spot on.  "licensed and insured"

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  • John UnderwoodPro Member
    Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
    6mo
    Quote from @Brad Smith:

    Is there an Airbnb Superhost who would like to work with one of my friends in an Airbnb Arbitrage model? My friend is willing to bear the initial upfront cost (i.e. 1st month's rent + deposit + furniture/furnishings) And the Superhost/Co-host will be responsible for managing operations such as listing, pricing, guest communication and coordination with the cleaners etc. It will ideally be a profit-sharing model. Hit me up if anyone is interested and I can connect. Preferred locations near Alpharetta, Buckhead, etc. My friend wants to be a passive investor. 


     Why not get a boots on the ground local PM that is licensed and insured?

    • Mike GrudzienPro Member
      Lender · Eugene, OR · Member since 2019 · 2k+ posts · 1k+ votes
      6mo
      Quote from @John Underwood:
      Quote from @Brad Smith:

      Is there an Airbnb Superhost who would like to work with one of my friends in an Airbnb Arbitrage model? My friend is willing to bear the initial upfront cost (i.e. 1st month's rent + deposit + furniture/furnishings) And the Superhost/Co-host will be responsible for managing operations such as listing, pricing, guest communication and coordination with the cleaners etc. It will ideally be a profit-sharing model. Hit me up if anyone is interested and I can connect. Preferred locations near Alpharetta, Buckhead, etc. My friend wants to be a passive investor. 


       Why not get a boots on the ground local PM that is licensed and insured?


       John is spot on.  "licensed and insured"

  • Andrew SteffensBusiness Member
    Tampa, FL · Member since 2022 · 3k+ posts · 3k+ votes
    6mo

    I think your friend should take the upfront cost and use it as a down payment then hire a licensed and insured PM to run operations.  Then in 10+ years he can sell and keep the equity.

  • Property Manager · Old Orchard Beach, ME · Member since 2015 · 108 posts · 11 votes
    6mo

    Sent you a message. This sounds like a solid setup if done right.

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