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Thoughts on Rental Arbitrage
Does anyone have experience or an opinion on rental arbitrage? I've heard this can be a very lucrative method, although it seems riskier and as if you need to really know what you're doing to make it work. Is it something I should consider as a beginner?
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Bruce Woodruff
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Look this up with a search here. It gets asked every week. The general consensus here is NO.
For instance, answer this for me. Why would I, as a landlord, want to rent one of my nice little houses to you just so you could re-rent it to other people (who I don't know and have not vetted) so you can make a lot of extra money....? See how it sounds?