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Updated almost 2 years ago on . Most recent reply
Rental arbitrage in Baltimore MD
I have a property that I'm considering going the MTR route. But I'm also interested in renting it out as an STR or MTR arbitrage. I'm curious, how do I know how much to charge for rent if someone else is arbitraging the place? Also, if anyone is interested in doing an arbitrage in Baltimore MD shoot me a DM.
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
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- Greer, SC
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
- Investor
- Greer, SC
I would do about 115% of market rent, much larger deposit and probably profit sharing. This is your property that someone else wants to make money off of.
Get someone with experience that is insured too