@John Underwood Why against it? Please do tell. And thank you
Please read the forums. I don't want to repeat this information as you are not the first person to ask for duplicate information on what is already readily available to you in the forums.
Are you asking for advice on specifically arbitraging Airbnb's in Atlanta or how to do short-term rentals (Airbnb's) in general? Arbitrage is just one avenue for investing in STR's but you really need to understand STRs before worrying about arbitraging them. That's just one small part of it (acquisition) and the real meat and potatoes comes with running and managing the STRs. It's kind of like asking 'I want to learn about leasing a car ' but do you even have a drivers license yet is the first question I would consider?
That being said, I have no experience in arbitraging in Atlanta unfortunately but just want to make sure you are looking at the whole picture first is all. : )
Rental Property Investor · Miami, FL · Member since 2018 · 110 posts · 113 votes
6y
Hey JJ!
If that's an avenue you want to explore i say first learn everything, connect with people who are successfully doing it in your area, come up with a budget and market and execute!
If i were you i would contact super hosts in the market you want to enter and send them a simple clear message through the airbnb app. You'll be surprised to see how many are willing to have a conversation with you and teach you a thing or two.
Legally, make sure you know what approach you will take and you have all your contracts in order including your liability insurance, cleaning team etc...
Professionally, make sure you have a cleaning team, the person who's 24/7 available to answer or assist with any issues etc...
@John Underwood Why against it? Please do tell. And thank you
Please read the forums. I don't want to repeat this information as you are not the first person to ask for duplicate information on what is already readily available to you in the forums.