Hello there, my name is Reese Bobier and I began doing Rental Arbitrage back in June 2019. After almost 7 years in this space there's lots I've learned that I want to share with you today surrounding the question I hear so often...."What is Rental Arbitrage" In simple terms, the definition of rental arbitrage is: A real estate strategy where someone leases a property long-term (1 year minimum) and then sublets it for short, mid & even long-term stays (days/weeks/months) on platforms like Airbnb or Vrbo, profiting from the price difference between the monthly rent and the higher nightly rates, all without owning the property This creates a much lower barrier to entry for people to get into the space without owning their own property, and with the way housing prices have gone over the last decade, owning becomes more difficult for people, and this could be a way for them to get into real estate, with less risk than owing, turn a profit, save those profits and eventually have a down payment to go get their own property and start building equity. Alternatively I've also seen people just run with this model and build multi-million dollar businesses without ever owning any real estate. That's precisely what I did, and over the last several years I've launched over 75 properties under this model and have generated over $8,000,000 in revenue off of Airbnb alone. Airbnb Earnings (See first image below) That's a glimpse of what is possible with this model when you're willing to take on the risk of paying the rent and then executing successful launches and pricing strategy to make a profit. These types of results came through blood, sweat and tears, sleepless nights, 18+ hour work days for years on end. But that's what the entrepreneur does, a word that's so mis used in today's social space. The original definition is quite literally: a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so. I once wrote a post stating that "Greatness is not for the faint of heart. Greatness is not fair to the one who seeks it, albeit rewards the one who constantly pursues it in the face of adversity"