All Forum Posts by: Brittany Wade

As you stated this is a high caliber investment site, and I would like the opinion of high caliber investors who have done this before. I have done research on the matter, which I did state in my question. My broker, a person who I trust as very knowledgeable has told me that rental arbitrage is against Air BNB rules which is something I have not yet run across and am unable to verify. Posing such a question is not embarrassing to me as I am not a expert on the matter that you say is basic. I appreciate the value that others have given, even the ones siding with my broker. But the insults I can do without. Thanks for chiming in.



Quote from @Chad McMahan:

Quote from @Brittany Wade:

Hello! I am a realtor in Kissimmee Florida area trying to help a friend of mine get into rental arbitrage for Air BNB. My broker is advising against this and says that Rental arbitrage is not allowed by Air BNB. In all of the research and videos I’ve watched on the topic I have never heard or seen anything stating this is illegal. Can someone with experience please weigh in on this? 

Brittany,
this is a bit embarrassing. As a realtor, do your research and trust your broker. Definitely do not post on a high caliber investment site like this, that as a realtor you want advise on basic topics and do not understand the difference between illegal and what a company policy is.

Quote from @Kai Kopsch:

It doesn't matter what Airbnb might say, as a realtor, you have to use the NAR rental contract from you're State and RE Commission or an attorney draft one. No BIC that I know would allow using an attorney draft one for a rental the risk is too high for a little rental commission.

The NAR contract is very clear
14. Occupants: The Tenant shall not allow or permit the Premises to be occupied or used as a residence by any person other
Than Tenant and the Permitted Occupants. Tenant shall be subject to a fine of $ _____________________ for any violation of this
paragraph, and Tenant agrees to pay any such fine upon receipt of Landlord’s demand therefor. Payment of any such fine shall not
permit any person for whom the fine was imposed to occupy or use the Premises as a residence.

your response is much appreciated and makes a lot of sense. While I think my broker may be misinterpreting the business model, I still understand what you are saying about rules and laws changing over night. Your entire response is greatly appreciated my fellow FL realtor!



Quote from @Eunice Villarroel:

Rental arbitrage may not be a bad idea for now in certain states but a lot of states are tightening their grips around Airbnb which can lead to laws and regulations changing overnight and you’d be left in a tight spot depending on the terms of the lease. That being said it’s definitely not illegal unless there is a state law against it. As a real estate agent in Florida I am not aware of any laws in place here that make it illegal to perform rental arbitrage on airbnbs. I don’t know that there are certain buildings particularly and heavily populated areas that do not allow for Airbnb rentals but that’s completely different Love you deals directly with the homeowners Association of the property and not necessarily Airbnb or the state of Florida. I will definitely get a second opinion maybe consult another broker on your firm. A lot of brokers are not even aware of what rental arbitrage is so maybe your broker understood a completely different concept. Best wishes fellow Florida agent :)

Quote from @John Underwood:

Arbitrage is not a good business model and is generally discouraged.

Quote from @Dave Stokley:

“Illegal” and “not allowed by Airbnb” are not the same things. Anyway, I don’t think it is explicitly disallowed by Airbnb. They certainly don’t do any sort of ownership verification before allowing you to list a