I WANT TO START A SHORT TERM RENTAL BUSINESS

[Santiago Ortega]

Hello! My name is Santi and I’m from Spain. I just graduated from school and I’m hoping to start my real estate investment journey in the following months. Specifically in rental arbitrage since have no ability to get any loan or purchase any home on my own. I’m planing to start my business around West Palm Beach area where I just got a job. I’ve been doing a lot of research the past 3 months in real estate investing and short term rentals but I still have questions I can’t seem to find an answer to 😂😂. Everything on the legal requirements on doing rental arbitrage and short term rentals in Florida and Palm beach county, how to fully automate my business and the negotiation process with the landlord. I’m hoping I can get some tips here! I will appreciate a lot any tips you guys can give me since I have no experience! 

Thank you!!!! 

[Don Konipol]

@Andrew Lastivka

Neither wholesaling nor STR arbitrage are real estate INVESTING, both are operating businesses within the real estate business arena. As long as the person getting into the business realizes the commitment, hard work, risks, capital needed, organizational and operational skills necessary, and time component, and realizes that they are starting a business and not investing in real property, then they have the same chance for success as any other business startup. The problems arise when they are led to believe by parties with a vested interest, that they can make easy mostly passive income with a small or no investment that they are bound for failure and major disappoint.