Short Term Rental Riches

71. Negotiating a Better Lease Rate for Lease Arbitrage

Mar 23, 2021
Discover how lease arbitrage can turn into a win-win for both tenants and landlords. The discussion highlights successful negotiation tactics for securing lease rates and showcases a recent deal involving ten apartments. Learn how landlords can enjoy increased cash flow and simplified management through partnering with sub-leasers. The podcast also sheds light on the surprising advantages that short-term rentals might present to property owners, debunking common myths about the potential downsides.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Tim's 10-Apartment Lease Experience

  • Tim Hubbard signed a 10-apartment lease in a former historic hotel for short-term rental use.
  • He uses the same operation systems for managing owned and leased properties to maximize cash flow.
INSIGHT

Landlord Benefits of Lease Arbitrage

  • Landlords benefit from lease arbitrage by avoiding vacancy and lease-up costs.
  • Managing one tenant for multiple units simplifies their operations and bookkeeping significantly.
INSIGHT

Short-Term Rentals Boost Local Business

  • Short-term rentals can drive extra revenue for landlords through increased foot traffic to attached businesses.
  • A restaurant-owner landlord benefits uniquely from guests occupying nearby units.
Get the Snipd Podcast app to discover more snips from this episode
Get the app