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Updated over 5 years ago on . Most recent reply
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Does Anyone have Air Bnb rentals
I am thinking of leasing an apartment in the Philadelphia area and listing it on Air Bnb (with consent of the landlord of course). Has anyone had experience doing this and would you please share you’re experience and some advice?
Best,
Aristone Louxz
Most Popular Reply
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@Aristone Louxz - Rental arbitrage is legal with the landlord’s consent. It requires some investment but can be quite profitable. Some smart and successful furnished rental owners like @Paul Sandhu and @Luke Carl don’t like it, but there are hundreds of folks doing it successfully. Two years ago I stepped away from 20 years in corporate America to build a rental arbitrage business in San Francisco and just south. Now I am managing 20 units and earning a decent living. My landlord partners frequently bring me new properties because they great corporate tenants and free property management.
Check out posts and info from my mentors @Al Williamson and @J. Martin, and read the book by Scott Shatford. They are arbitrage masters.This business is NOT passive and it’s NOT easy money. But if you rent good properties, use great photos, enjoy hard work and take good care of your guests, it can be fun and lucrative. Good luck!