Landlord Seeking Rental Arbitrage Tenant

[Tristan Beavers]

     Hey guys, my partner and I have a waterfront duplex in Cape Coral, FL under contract, and we're considering renting the property to a company performing rental arbitrage through airbnb, etc. Does anybody know where I can find such companies? I was in touch with one, but she backed out. The property is located at 1006-1008 SE 38th St, Cape Coral, FL. Completely turnkey, just needs a little clean up. I find that there are THOUSANDS of sites and videos explaining how to approach a landlord to rent their property using this model, but as the landlord, I'm struggling to find companies to interview for the tenancy. Any advice would go a long way, let's connect!

[Stetson Miller]

Hi @Tristan Beavers,

I believe your difficulty in finding a company that performs these tasks is due to the fact that it's typically only individuals that may consider running this model. Even then, it's rare that a landlord would be accepting of it, so I believe you're in a bit of a unique situation as a landlord looking for someone to do this in your property. From the landlord's perspective, correct me if I'm wrong in my assumptions, but it seems like it would be the same amount of effort to hire a local full service STR management company to run the property. This way, you could have all STR profit's directed to you, rather than only receiving the significantly lower monthly rent from an individual running the arbitrage model