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Please explain benefits of arbitrage to a dumb landlord....
After all these hundreds of posts about arbitrage, I just don't get it........so I have a question to ask. I have never actually done arbitrage from either side, so excuse my ignorance :-).
Here goes: Can anyone explain what the benefit is to a property owner to have a literal stranger sublet their house to a whole bunch of other strangers and pocket the difference in rent profit?
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The landlord gets a little higher than market rent, and gets the place taken care of (interior, and exterior landscaping) much better than a normal renter would. It's a good deal for a landlord if they don't want the day to day responsibilities of running an STR themselves.