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All Forum Posts by: Paul Sandhu

Paul Sandhu has started 275 posts and replied 4397 times.

Post: Should I Airbnb Arbitrage?

Paul Sandhu#4 Short-Term & Vacation Rental Discussions ContributorPosted
  • Investor
  • The worst town to live in, KS
  • Posts 4,508
  • Votes 4,192

This question is asked twice a week.  The answer is always the same.

No.

Post: Anyone know of any Short Term Rental Masterminds (50+ units)?

Paul Sandhu#4 Short-Term & Vacation Rental Discussions ContributorPosted
  • Investor
  • The worst town to live in, KS
  • Posts 4,508
  • Votes 4,192

I've got 23 STRs.  83 beds total.

Go with cash flow.  You are not in business to make depreciation.  You are in business to make money.

Post: Mike's Deal of the Day - IN THE FUTUUUUURE! Nov 8th

Paul Sandhu#4 Short-Term & Vacation Rental Discussions ContributorPosted
  • Investor
  • The worst town to live in, KS
  • Posts 4,508
  • Votes 4,192

Holy cow!  That's a steal. Unfortunately I have used up other 25 Roku devices with my account and can not link up the 75" HDTV to my account. 25 devices is the limit from Roku.  I don't make the rules.

Post: Air Condition Feezing Up.

Paul Sandhu#4 Short-Term & Vacation Rental Discussions ContributorPosted
  • Investor
  • The worst town to live in, KS
  • Posts 4,508
  • Votes 4,192

AC can freeze up if the tenants leave the temperature too low on the thermostat.

I had some tenants that had the AC set at 61 and it kept freezing up.  The air conditioning company said I needed a whole new unit for $7000.  I left the AC at 72 degrees and it never froze again. 

Post: I host over 100 AirBnB Listings in CA and AZ **Ask Me Anything**

Paul Sandhu#4 Short-Term & Vacation Rental Discussions ContributorPosted
  • Investor
  • The worst town to live in, KS
  • Posts 4,508
  • Votes 4,192

What do you do if you find a bunch of dried blood in the back yard of an STR this time of the year?

Post: Furnish your STR for free?!

Paul Sandhu#4 Short-Term & Vacation Rental Discussions ContributorPosted
  • Investor
  • The worst town to live in, KS
  • Posts 4,508
  • Votes 4,192

I can furnish a 3 bedroom with all appliances and large furniture for under $1000 from estate auctions.  I take a 16 foot trailer and an appliance dolly to the auction.

Post: Airbnb requests to shorten stay for refund and does not leave

Paul Sandhu#4 Short-Term & Vacation Rental Discussions ContributorPosted
  • Investor
  • The worst town to live in, KS
  • Posts 4,508
  • Votes 4,192

Remove the electric meter and shut off the water. I've done it before.

Post: Arbitraging an RV rental?

Paul Sandhu#4 Short-Term & Vacation Rental Discussions ContributorPosted
  • Investor
  • The worst town to live in, KS
  • Posts 4,508
  • Votes 4,192

Most RV rentals that I briefly looked at were $250-$300 per night.  That's about $2000/week.  They sleep 3-4 people.  After doing the math, it would not be profitable to arbitrage an RV unless you can get 6-8 people to pay $400/week per person.  Half day shift, half night shift.  $400 is out of the budget for most people.

Conclusion: RV rental arbitrage is not feasible.

My next study will be to arbitrage a houseboat.

Post: Any Experience or Knowledge on Doing Airbnb Arbitrage

Paul Sandhu#4 Short-Term & Vacation Rental Discussions ContributorPosted
  • Investor
  • The worst town to live in, KS
  • Posts 4,508
  • Votes 4,192

Here we go again. This question gets asked several times a week.  Search old posts.