Getting Started in Rental Arbitrage

[Ashley Brooks]

My husband and I have been superhosts on Airbnb for about 3 years now. We own a house that we rent out, and for about a year we arbitraged 2 others. I've been able to provide advice and direction to some investors getting started with rental arbitrage. My biggest advice for first timers, before they speak to the owner or listing agent, is to know their numbers. Know the market and the opportunity. Make sure you've researched the area well enough to come off confident and knowledgeable to the owner. 

I'm curious, if you've had success with rental arbitrage for STRs, what would be your biggest piece of advice for first timers?