All Forum Posts by: Vanessa Lule

Hi all,

I’m in talks with a landlord about leasing a property for $3,600/month, but that’s above my budget. I plan to negotiate the rent and I want to present my proposal to show how I’ll manage the property responsibly. The landlord asked for a website, but I don’t have one yet. I’m considering two options to present my plans:

1. Creating Google Slides pitch deck, or
2. A detailed PDF using Google Docs.

Which would be more effective for pitching my Airbnb arbitrage business?

Also, when it comes to negotiating the rent:
- Should I ask for a phone call or virtual meeting to discuss the price?
- Would it be better to send my proposal and negotiation request via email first?

I’d love to hear from anyone who’s successfully pitched a landlord for Airbnb arbitrage or negotiated rent for a corporate lease. What approach worked best for you?

Thank you in advance for any advice and insights.

@Scott Scoville

Hello Scott, What kind of properties do you manage in Sacramento? Are they STR? Are you the landlord?

@Andrew Steffens I appreciate you sharing your thoughts. I'm curious if you have any learnings from your start in arbitrage and how to avoid sinking large amounts of cash. Turnkey properties are something I’d need to learn more about. With my current goal being focused more on cash flow, I’m wondering if pursuing turnkey means I’d have to wait many years to see any significant returns. Thanks again for your response. 

@Garrett Brown Thanks for the suggestions with "the enemy method" and the BiggerPockets calculator, I haven't heard of it but I'll definitely make sure to check it out. 

I've heard about co-hosting however I'm unsure how I could find these opportunities to work under. Using BiggerPockets sounds like an option, but I would appreciate hearing any suggestions you may have. Thanks again! 

@Jonathan Greene I haven't thought about doing MTR on arbitrage before, however it does sound interesting. I'm curious though where I could possibility list MTR's and find the best location for it. Thank you so much for the feedback & insights on furnishing.  

I’m an 18-year-old aspiring investor with a goal to build wealth in real estate. I’ve decided to start with rental arbitrage, given my tight budget. I’m focused on tourist-friendly areas (Bay Area, North Tahoe and primarily Sacramento) I have a few apartments interested in learning more about my plan. My challenge is that I’m struggling with figuring out if a property will be profitable or not, even though I've done research on sites like AirDNA and tried to analyze multiple factors.

where Im stuck: 
1. Occupancy Rates: How can I accurately estimate average occupancy rates for these areas? I’ve looked at Airbnb listings, but it’s hard to tell which ones represent long-term averages.
2. Monthly Expenses: I’m accounting for rent, utilities, and cleaning supplies, but are there other hidden costs I should consider? Any budgeting tips would be super helpful!
3. Expected Nightly Rate: What’s the best way to estimate this without over- or underestimating? 
4. Breakeven Analysis: I’ve read about calculating my breakeven occupancy rate, but I’d love to know more about how others in rental arbitrage set up and interpret this analysis.

If anyone has a process or checklist for analyzing potential arbitrage properties, I’d really appreciate it! Thanks in advance for any advice or insights.