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All Forum Posts by: Branden Heath

Branden Heath has started 1 posts and replied 2 times.

Post: Arbitrage vs STR buy and own

Branden HeathPosted
  • Posts 2
  • Votes 2

An important piece of info I left out is I currently live out of the country so house hacking is not a possibility, although I think it is a great idea. My desire for STR is I travel a lot for work and feel I have learned what goes into creating experiences for people which the STR market is geared towards. Thoughts? Would you still prefer LTR? I feel like this is easier to utilize the BRRRR method.

Post: Arbitrage vs STR buy and own

Branden HeathPosted
  • Posts 2
  • Votes 2

I have successfully paid my way out of debt and want to start real estate investing. I have a high desire to be in the short term market. I live in the Pacific northwest (central Washington state). I want to start with a strategy where I can scale to purchase 3 homes this year. I have saved 80,000 to put towards this goal. I am looking for any vacation areas in the west (Washington, Oregon, Idaho, Utah, Arizona, Nevada). I need help identifying a good market and also a strategy to continue to scale. 

My Second question is, I have heard a lot about rental arbitrage and I am wanted to know others thoughts on starting with arbitrage while we are going into recession. Is this a smarter way to get into the business and grow from there?