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Updated over 5 years ago on . Most recent reply

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Ken Latchers
  • Hatfield, PA
629
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1,612
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Arbitrage ... The Didnt Want to Listen

Ken Latchers
  • Hatfield, PA
Posted

While new Arbitrage/Master Leaser threads piled on here for many months, some of us tried to warn them. And of course some forum residents here egged them on. Likely in a year, we will see a new stream of Brian Page and Arbitrage threads again because people just don't listen.

this is a business. Again, it's not about reward.  It's about risk-adjusted reward.

From CNBC:

https://news.google.com/articl...

"hosts are trying to stay afloat on mortgages and arbitrage leases after the demand for short-term rentals has suddenly dried up due to the coronavirus pandemic.

An arbitrage is when a host rents a property and then rents it out to other people on Airbnb.

I'm putting someone in my house and crossing my fingers they'll pay because I can't evict them, Ray said. But I can't keep it on Airbnb because that's a guaranteed loss."

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