How to manage and build Rental Arbitrage properties remotely w/ Farhan Abbasi
Summary
Farhan Abbasi shares his journey in rental arbitrage since 2012, detailing his transition from accounting to managing a portfolio of 15 properties in Boston. He discusses the systems he built for part-time management, the challenges of tightening regulations, and strategies for pivoting in response to changing laws, offering insights into remote management, automation, and adapting to market dynamics.
More from Regulations & Compliance
Arizona Rep. Bliss's bill regarding short-term rentals has passed, signaling potential changes to the regulatory landscape for hosts in the state. This legislative development could impact operational requirements and potentially the profitability of short-term rental businesses within Arizona. Hosts should stay informed about the specifics to ensure compliance.
Annapolis, MD, is experiencing a surge in short-term rental license applications, indicating increased interest in the STR market. This rise follows efforts to improve compliance with local regulations. Hosts should familiarize themselves with new permit requirements to avoid potential penalties and ensure smooth operations.
This article discusses the construction of more rental homes near transit in Burnaby. The focus is on increasing housing supply near public transportation. While specific STR implications are not detailed, it implies a changing landscape for residential real estate and potentially offers insights into future housing trends that may affect hosts in areas around Burnaby.
Curated by Learn STR by GoStudioM