Updated almost 6 years ago on . Most recent reply
Air Bnb Rental Arbitrage
Investment Info:
Single-family residence other investment.
Purchase price: $1,000
Cash invested: $1,000
Airbnb - Rental Arbitrage. Working on growing this. This one is a partnership with home owner. We split air bnb profits 50/50. It was for rent and we agreed to a deal.
Most Popular Reply
@Justin Ellis, thanks! This is my first Rental Arbitrage unit. I've done Abnb before. My goal is to reach out to For Rent, pitch my air bnb model, and go from there. Typically I just pay them rent, and furnish the property. I get all profits. But for the ones who say "No", many can change their mind if your partner up and split the air bnb profits. I'm not on the lease or anything like that. If I'm leasing and getting 100% profit, they I furnish. If they want to partner up we split the furnishing or have them do it.
To furnish it's usually 2x the amount of rent. 3x to get it real nice.