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GSA (General Services Administration) renting to government employees
Hi everyone,
I was intrigued with the bigger pockets podcast show #968 Making $10,000/ Month PER Rental with These Guaranteed Cash flow "Contracts". In this episode it talks about rental arbitraging many units in apartments and then being awarded government contracts where you house a large amount of government employees and the government pays you well over market rent. I was just curious if anyone on here actually does this, and if so if you would be interested in telling me how you do it.
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Does not sound right to me. GSA has no problem entering into leases on its own.
I think the whole arbitrage an apartment or rental idea is one of the worst ones around here - and that is saying something. Why go through all the trouble of sourcing and leasing up rental property only to have your acquisitions be temporary leases and lose out on all appreciation the property experiences while you're operating it.