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Showing posts from March, 2021

Starting an Airbnb Business without Owning Property

  When you’re browsing for side-income or new business ideas, a short-term rental business won't be the primary thing that pops into your head  how to start an Airbnb business without owning a house . Wouldn’t that be like becoming an Uber driver without having a car to drive people around in? Well, not exactly. The times of wanting to own a house to start and scale an Airbnb business are long gone. There are two business models to use to start out making money on Airbnb: Rental arbitrage Managing other people’s properties. The first one requires a touch little bit of investment (renting a property). If you’re starting with no money in the least, you’ll want to settle on the other. But both have their pros and cons. What is rental arbitrage? Rental arbitrage is that the process of removing a long-term lease (renting a property from a landlord) then taking that property and listing it on short-term rental websites like Airbnb and VRBO. There are a couple of caveats to