New to Airbnb Arbitrage

[Jana Crum]

Happy New Year BP! I am looking to begin my short-term rental business via Airbnb Arbitrage in the Phoenix/Scottsdale area. I am currently doing research on how to structure my LLC and setting up my systems, my goal is to acquire and launch 1-2 units this year. Those of you that have done Airbnb Arbitrage I'd love to hear about your experience, good & bad! Thanks in advance!

[Clay Massey]

@Janea Crum

I do not have experience in the arbitrage side of the STR world. I do manage vacation rentals and the time and effort you are going to put into finding your deals (leases) which you are financially responsible for, I highly advise you start researching the actual property management business side of thing and manage other people's real estate for a chunk of the gross revenue with no financial risk. Find 7-10 properties that gross 30-50k/year and you make potentially six figures without being responsible for paying the rent. You might even find yourself managing a luxury home or two and providing concierge services as another arm of the business

Build a housekeeping team, and even a maintenance person and find yourself as a 3rd party service provider for other management companies etc…

Plenty of second home owners that are frustrated with their current manager and looking for a new refreshing option. Just my perspective. Good luck!