The BEST Side Hustle of 2019 - How To Make a $1000 A Day
Summary
Sean Rakidzich interviews Sean Ray, who talks about how to start an Airbnb rental arbitrage business, even if you don't have great credit or are starting young. Ray says that to get started in rental arbitrage, you can form an LLC, get an EIN, and start building credit with business trade lines, so you can bypass subletting laws when signing leases.
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In rural New Mexico, Airbnb hosts are building a new tourism economy, suggesting a shift in travel trends. This highlights the potential for rural areas to benefit from the sharing economy. Understanding these opportunities can help hosts leverage the changing landscape and attract guests seeking unique experiences.
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Miami's short-term rental market is experiencing significant growth, with new buildings specifically designed for STRs emerging across the city. This trend suggests increased investment in the sector, impacting the local real estate landscape. Hosts and potential investors should monitor this development for market opportunities and challenges.
Curated by Learn STR by GoStudioM