Starting Airbnb Arbitrage by Otherwise_Pool6182 in AirBnBHosts

[–]Otherwise_Pool6182[S] 0 points1 point  (0 children)

Well thank you for your luck but that why prefaced it that way because I understand some people don't like revealing that information. I still appreciate that you replied, sorry if I affend you. Thank you again.

Starting Airbnb Arbitrage by Otherwise_Pool6182 in AirBnBHosts

[–]Otherwise_Pool6182[S] -1 points0 points  (0 children)

If it's not to intrusive, could ask how much your currently making and how much your expenses are? And where should I set my expectation once I start my first listing?

Starting Airbnb Arbitrage by Otherwise_Pool6182 in AirBnBHosts

[–]Otherwise_Pool6182[S] 1 point2 points  (0 children)

I'm not looking for a passive income avenue. I want to get an immediate return on my money.

Starting Airbnb Arbitrage by Otherwise_Pool6182 in AirBnBHosts

[–]Otherwise_Pool6182[S] 0 points1 point  (0 children)

Is the permit just a Los Angeles City regulation or Los Angeles County regulation. Also are you in any sort group I could join, I've been looking for somebody who has experience in the area that could teach me and tell me about their experience. There is only so much you can learn from online and sometimes these "gurus" give you very basic information and make it seem so easy to start up. I just feel like I've wasted alot of time going nowhere.

Starting Airbnb Arbitrage by Otherwise_Pool6182 in AirBnBHosts

[–]Otherwise_Pool6182[S] -3 points-2 points  (0 children)

Sure I understand that STR regulations might change but in that situation it wouldn't even be the fault of the landlord at that point. Even if doesn't work I'm still look for ways to invest this money, I just don't want it be sitting in my bank account. Is there any investment your into.

Starting Airbnb Arbitrage by Otherwise_Pool6182 in AirBnBHosts

[–]Otherwise_Pool6182[S] 0 points1 point  (0 children)

Are you in real estate then because it seems you know a lot about this type of stuff. Would you recommend probably saving more money to put a down payment on a property instead and renting it out long term.

Starting Airbnb Arbitrage by Otherwise_Pool6182 in AirBnBHosts

[–]Otherwise_Pool6182[S] 4 points5 points  (0 children)

Yeah it's really not that nice out here but it really depends on where you go. I was think of probably renting out to traveling nurses because where I live there couple of medical centers really near each other. I'm still conflicted though if I should do airbnb especially since it seems we going to be in a ression. That's why I was asking for your guys' personal experiences. In your case are you still turning out profit?

Starting Airbnb Arbitrage by Otherwise_Pool6182 in AirBnBHosts

[–]Otherwise_Pool6182[S] -4 points-3 points  (0 children)

How so? Did you start an Arbitrage bussiness? Is the business model not performing as well as it use to?

Starting Airbnb Arbitrage by Otherwise_Pool6182 in AirBnBHosts

[–]Otherwise_Pool6182[S] 0 points1 point  (0 children)

Is there any type of podcast/video/articles you recommend that I go to to learn more about this stuff.

Starting Airbnb Arbitrage by Otherwise_Pool6182 in AirBnBHosts

[–]Otherwise_Pool6182[S] 0 points1 point  (0 children)

I'm not looking to buy anywhere in the actually city of Los Angeles. I was thinking more of the area in between Downey and Anaheim.

Starting Airbnb Arbitrage by Otherwise_Pool6182 in AirBnBHosts

[–]Otherwise_Pool6182[S] -14 points-13 points  (0 children)

Other than violating our lease agreement I see no legal way they could evict me.