AirBnB Arbitrage Shenanigans
You may have heard the term going around the Internet: AirBnB arbitrage. It's a wildly popular economic strategy, often promoted as being an easy and lucrative way to cash in on the popularity of AirBnBs.
In today's episode, Chris shares his unique insight into this phenomenon - both what it is, and more importantly, what it isn't.
You'll discover a bit about Chris' unique background and how it allows him to see the AirBnB arbitrage concept from multiple perspectives, revealing its all-too-real difficulties.
You'll learn how so-called experts online have portrayed the concept as being an easy and lucrative way to make income by subletting through AirBnB.
You'll discover the limitations of AirBnB arbitrage, why it's restricted or even illegal in an increasing number of cities.
Join Chris as he demystifies the concept of AirBnB arbitrage and its benefits and drawbacks.
Enjoy!
What You’ll Learn in this Show:
- Why Chris' background as a lawyer, a real estate broker and Chief Credit Officer at a publicly-traded bank gives him a unique perspective on AirBnB arbitrage.
- Why the concept of AirBnB arbitrage is not as simple (or as lucrative) as it's often portrayed by "experts" online.
- The limitations of AirBnB arbitrage, and why it may even be illegal where you live.
- And so much more...
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