ShortTermRental/ Rental Arbitrage/ Mentor

[Jeff Smith]

Hi, my name is Jeff and I am currently just starting in the RE investing world I have been doing it for about 2 years. I am seeking guidance in the rental arbitrage space. I am excited to see what this strategy could mean for my area! However, I am new to this and I would like some help. If anyone is interested in mentoring me or just a little friendly help would be greatly appreciated. Just the ins and outs on how to get started and what it takes. 

thank you, 

Jeff

[Robert Gilstrap]

@jeff 

@Jeff Smith   Once again the naysayers strike...Pay no attention to anybody who tries to step on your dreams Jeff. Rental Arbitrage is great and works wonderfully well. I have no idea how someone could say its just a job and isn't "real investing". 

Stocks: you buy a stock and you get either dividends or you pray for an increase in value.

Rental Arbitrage:  You invest capital and you get a return on that capital but without having to own the dirt. Sounds like investing to me.

Do you build equity? No, but when you look at the tremendous leverage you can apply vs. buying I would say it's pretty compelling.

200K house buying @ 20% down = $ 40k plus closing costs.    OR...

you go rent a 200K property for $2000/mo  and $2,000 deposit = $4,000 invested.

Now I'm no math genius but it appears to me that for the same 40K+ that guy put down for his one deal I could do 10 deals for the same money (Obviously not counting the costs of furnishing which can be significant).

To me its a no brainer.  I'm no expert at Arbitrage but I've done plenty of them and learned a lot of lessons and happy to share with you what I do know.