How to Buy and Hold Luxury Single Family Houses

[Kunaal Kumar]

Hello all,

I want to explore strategies to buy and hold luxury real estate, as the title suggests. From my understanding, renting out the properties will always be cash flow negative. In that case, would the only options be to Airbnb the property or put it on something like Peerspace? Or is there another strategy that I'm missing?

As a follow up question, has anyone had success buying properties with the sole purpose of renting out on Peerspace? And if so how do you underwrite that? 

Any help would be greatly appreciated!