Making Money with Airbnb Arbitrage: Expert Advice and Insider Tips

How does someone turn a near-forclosure property into a profit in just one month? 

 

That’s the topic in this week’s episode of The Liquid Lunch Project. We’re sitting down with Quentin West, an expert in Airbnb arbitrage, to learn how he’s found huge success.

 

Airbnb arbitrage is basically renting a property for a year or more and then subleasing it on Airbnb to travelers. By charging more per night, you can make some extra cash. Quentin, who's been in the Airbnb business for a while now, says he started by listing his own home on Airbnb to avoid losing it but then moved on to renting properties specifically for arbitrage.

 

Quentin shares the difficulties he faced when starting his business (like dealing with guest relationships and neighborhood complaints) and emphasizes the significance of screening guests and creating a good reputation to avoid problems. He also talked about the importance of scaling the business in a healthy way and advised against maxing out credit cards or spending all the profits on expanding the business, as it can leave one vulnerable in case of a slow month.

 

While arbitrage offers low risk and flexibility, Quentin urges listeners to remember that it's not a long-term retirement plan. The profits may be insane now, but fluctuating markets and new regulations can change that. Instead, he encourages people to see it as the next step to building long-term passive income. 

 

If you're an aspiring entrepreneur looking to enter the short-term rental market and build a new income stream, don't miss this conversation with Quentin West! 

Episode Highlights:

 

• How he’s found success by targeting small niche cities.

• How he manages guest screenings.

• The benefits of direct bookings.

• The highs and lows of having an Airbnb

• How “The Golden Triangle” helps them determine where to buy next

Favorite Quote:

 

“Arbitrage should be your next step to get to longer-term passive income. Don't put yourself in a position where if tomorrow your market outlaws Airbnb, all your income's gone.”

 

Connect with Quentin:

http://realquentinwest.com/  https://www.facebook.com/quentin.west.98 https://www.instagram.com/qdealshomes/ https://www.linkedin.com/in/qdealshomes/ https://www.tiktok.com/@qdealshomes?lang=en https://twitter.com/Qdealshomes https://www.youtube.com/channel/UCC5K0vQqeaIvHAe6NraLjGQ

 

To learn more about his upcoming mastermind retreat, where he aims to help others level up their health, wealth, and mindset, visit www.CapitalConnectionEvent.com/Capital-Castle

 

 

Stay Connected:

Connect with Matt and Luigi on Instagram:

@matthew.r.meehan

@luigi_rosabianca

@theLiquidLunchProject

@ShieldAdvisoryGroup.

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