04-16-2025, 10:11 AM
Rental arbitrage is a bad idea.
If you are not going to own any property outright and build equity and only making 20-30%, you are better off being a property manager for an STR. You charge a fee to run the property based on percentage of revenue. Generally, a high quality full service property manager can make between 20 and 30 percent of revenue. This is the actual low risk way to make money on STRs without owning it and get stuck into a year long lease.
If you are not going to own any property outright and build equity and only making 20-30%, you are better off being a property manager for an STR. You charge a fee to run the property based on percentage of revenue. Generally, a high quality full service property manager can make between 20 and 30 percent of revenue. This is the actual low risk way to make money on STRs without owning it and get stuck into a year long lease.