Is Airbnb arbitrage as easy as people make it out to seem?! Any success / horror stories?

like
Posting as :
works at
You are currently posting as works at

F

Is it easy? Sure. Do you get all of the benefits of being an owner? Not even close.

With the increase in STR supply in pretty much every market, hitting projected occupancy rates will be very difficult for the next year or three. Many STR owners are selling due to saturation. When you sign a lease to arbitrage, you’re responsible for the base rent regardless of cost of furnishings, occupancy rating, or other details. You’re signing up for all of the obligation with speculation for upside. Can it work out in the green? Sure. Can it also end up in the red? Most definitely.

As an owner, you get the tax benefits of depreciation and capital gains taxes that skew in the favor of long term growth. As a leasee, you get far fewer benefits.

Related Posts

Is Toronto as boring and quiet as this bowl ?

funnylike

Can anyone guide me how to get a good SAP SD project as i joined newly i have as asked to into a famous phone project.. but i know i it works so i didn't get into that so they asked to get into a testing project... Apart from this how can I get a support project in Wipro.. your inputs will be very helpful.. TIA...

like

Deloitte launches climate change learning for all staff. Thoughts?

Hi fishes,
I have attended l2 meeting 2 weeks ago. Waiting for results. Now another job vacancy posted, if I'm able to get reference and apply for the posting. Will I be called again even if I apply with same mail account. Because still I didn't get rejection mail for 1st interview.

like

Anyone in dc? Let’s get fucked up

likefunny

What is project specific BGC in TCS?

like
likefunny

Science & Democracy... Thoughts?

like

Thoughts on Hudson MX? seems like it eliminates a lot of pain points in the buying process. Goodbye Mediaocean?

Is it just me or was the logical reasoning on Bain’s SOVA test for the London office extremely hard? Does anyone know if it’s a big part of the interview process (compared to the Resume / CL)?

like

Hi Fishes, If I join Bank of America (BA Continuum) on October 1st, will I be eligible for hike in coming appraisal. Bank of America BA Continuum India Pvt. Ltd.

like

Hey fishes, I have an offer from a Big4 firm in Dublin for tech consulting in SA1 position. I have been offered 53k as fixed and a bonus of max 7.5% of fixed compensation. I do have a prior experience of about 40 months in Big4.

I wanted to check if the compensation is fair according to pay standards in Ireland?

like

Hi Fishes, I am considering a Senior Engineer role with Alteryx (previously Hyper Anna) Sydney. If it's not too much trouble, I was hoping if anyone here could share their experience of working at Alteryx Sydney in terms of Culture, work life balance, politics, work pressure, people, Leadership and product. Thanks.

like

Anyone play fantasy football? Would anyone be interested in a bowl / mini league? I’m guessing there are some good data analysis skills being put to good use out there.

Which bonus should I expect for referring someone at LLP: the AFS or LLP bonus amount?

Anyone else hate having to ask customers to donate to charities? ...like, I get that it's for a good cause and everything, but it feels super awkward

like

What's a reasonable salary range for first year Senior in an area with cost of living at 95%?

like

Hi Fishes,

Can someone refer me for Cloud Security - Prisma job opportunity

like

F fishes, which one do you prefer Ariat or Lucchese?

like

Does this benefit cover procedures such as freezing eggs?

like

Additional Posts in The Real Estate Bowl

Hi - any good books recommendations for getting started on real estate investing?

like

I went under contract last fall for a new build that will be done later this year. In the contract the seller/builder included a clause that gave them the ability to change the price without cause anytime before the house is complete. This past week they invoked that clause to increase the price by like 7%, supposedly due to material costs. I can either agree to the increase or they return my deposit. My question: is that type of clause even legal? (Cont)

like

In process of buying a house, both my surveyor and specialist damp contractor found damp under kitchen tiles (In the grout) & in skirting boards and up one wall. Sellers had work done initially in 2014 on the wall only(with garuntee) & their company has visited and assured there is no damp… what is next best course of action, get another damp specialist to examine independently of other reports? I don’t trust them….. (U.K. Victorian terrace, damp is in the kitchen extension built circa. 15 y/o)

like

Does anyone have experience managing an out of state property yourself? Are there any tips/services you use?

like

Current Tenant Rent: $1075, Monthly Payment: $400 (with property management), Initial Repairs: $2-5K, Down Payment: $12K

At surface level, do these numbers check out?

like

If u have a house under my name if i move it to an llc what happens? Do i refinance to prevent a due on sale clause?

like

How did you decide where to live? Have a young family, working remote, and currently living in a city. Looking to move to the suburbs but a bit overwhelmed with the number of options. Also struggling since we don’t live close to family and don’t like the areas family members currently live in.

like

Commercial real estate question. When a residential property will likely zone commercial in the coming years, do we, the owner, wait for a buyer/developer to contact us?

like

Any one knows what’s the easiest way to order a radon test for new construction?

like

Under contract to buy my first home - house hacking a triplex. Property has been leased by the same three tenants for the last 5+ yrs, rents haven’t been raised since they moved in. Market rents have risen 70-100% in the same timeframe. All seem like ideal tenants (retired and take great care of the units) but I’d like advice on how to approach the rent increase conversation. Rents don’t make/break my mortgage payment but I’m leaving a lot on the table if I don’t increase significantly.

like

My assumption is that one makes money in RE with leverage. So, would you never let your equity in any given property get above certain% (I.e re-leverage and invest elsewhere) or would one eventually want to own a property outright?

like

Hi all, I’m in the north east metro area and due to the current RE market we decided to look into PA specifically Lancaster. Anyone in this market and have any thoughts on where it’s headed? We’re looking purchasing a single family property all cash at 110k that rents for $1100 a month. The last owner bought for 35k like 15 years ago 😩 but hoping buying and holding for a few years will give a equal or greater returns over the long run.

like

Anyone take the WI Real Estate state exam? Any tips on what to study?

like

Looking to buy in the DMV suburbs (northern VA). Is this the wrong time for such a move? Beyond down payment, got about 6mo emergency fund and must tap into it for moving&house expenses like furniture

like

I really need recommendations. I want to replace the through-the-wall AC units in my condo. Anyone buy ones you really like? Or rent an apartment and are happy with your (newer) AC units?

Tried doing research online but reviews are all over the place. And would love firsthand recommendations.

like

How long did it take you to buy your first million dollar home? What were the steps you took to get there?

My dream neighborhood is 10 min down the road but entry point is 1.2m. Currently my house is worth around $550k

like

What are some of the things that were a MUST when buying your first home and what were some things that you were more flexible with and why? I’m having a discussion with my partner about what we absolutely need and what can be worked on later.

like

If I’m a Real Estate Agent buying my own property, can I negotiate the Buyers Agent commission to be 0% instead of being paid the buyers commission? Essentially converting what would be Income into Cost Savings for tax purposes?

like

I share my first property with a family member which is my primary home. If I buy a second property (and keep the first property) and live there, does that second property now qualify as my primary home?

like

Would you pay an extra ~$100/month on top of existing monthly PITI for access to $65k in equity from your home? Want to use it for either A) down payment on new primary or B) net new investment property and see if that can fund the next primary

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal