AirBNB Service help

[Roman Katz]

Hello! I am trying to get my foot into the door with AirBnB with people who already do long term rentals. My idea is to call people with long term rentals and ask if they would like to switch their long term rental into an AirBnb. They would have high margins with this opportunity I just don't know how I can pitch this idea. I would furnish their rental for them through their funds and take care of their customers. Does anyone have any thoughts on how to make this idea a reality or if it is even worth trying to make a reality? 

[John Underwood]

Quote from @Sarah Kensinger:

Quote from @Bruce Woodruff:

I'm not getting the benefit to the property owner. I saw a possible 25% uptick in revenue? But what about empty/slow months? Do you arbitragers still pay the lease?

If you have leased the property in rental arbitrage, you are bond by law to pay the monthly rent you agreed upon. So, in slow months you obviously still have to pay the lease. Again, this is not rental arbitrage, there is no lease just a contract like with all other management or co-hosting companies. Do you deal with STR? Since you're on this forum I assume so. You should know about the concept of an Airbnb management company, and this is the same thing. But instead of the owner seeking the company out, the company seeks the owner out. And from stories I've heard, usually you only have to do this a handful of times before the references start coming in.

Benefit to the owner....If you know STR you know that if the property is in a good area and preforming right, you usually make 30% more through STR then LTR. But many LTR owners don't realize that until someone starts showing them data and numbers. Hence what @Roman Katz was asking about.

 So this sounds even worse than arbitrage if your not guaranting to pay a predefined lease amount.