I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house I rented on Airbnb already , earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this..,
@eadad4371 Жыл бұрын
Glad I came across this comment section. I was struggling to decide what to do with a good amount of money in the bank doing nothing. I would be happy if you could advise me, as I am ready to go the passive income path.
@skoopqueen. Жыл бұрын
@@eadad4371 Alright so generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with (REGINA LOUISE COLLARO) an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance. She is quite popular for her services so you might have heard of her. She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy...So I’ll advise you do get a good Investment advisor for yourself.
@eadad4371 Жыл бұрын
@@skoopqueen. That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?
@skoopqueen. Жыл бұрын
@@eadad4371 look her up on the internet and leave her a message she's quite popular for her services as she was recently featured on cnn. She can work with anyone irrespective of where their located
@emeldcentor1474 Жыл бұрын
@@skoopqueen. I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me
@emmafrancey8065 Жыл бұрын
This video made me realise that arbitrage is a great way to start out - then when you are making money you can start to buy some properties also...
@kdj77 Жыл бұрын
I think you guys gave very good points but it seems to only be from the perspective of a real estate investor. Most people dealing in arbitrage are doing so more as a business investment. When done from a business perspective, arbitrage more than makes up for the real estate losses with gains and write-offs for LLCs and etc. Pros and cons yes but I don't think arbitrage sucks at all.
@AlyashaYasmeen Жыл бұрын
I am loving this channel so much! Im looking to get into STR in my area with renting from apartment buildings and its been such a pain in the a**. I honestly thought the only way to STR was through renting. But this puts things in a TOTAL different perspective. So excited!!!
@lewis960702 Жыл бұрын
Own nothing, control everything.
@ilm_seekerАй бұрын
Rental arbitrage absolutely and unequivocally does NOT suck. It is simply another strategy in real estate investing particularly for those who have little or no capital to get started. The pros of rental arbitrage far outweigh the cons.
@TheRenaissanceAmazon2 жыл бұрын
When people do AirBnB arbitrage they aren’t sneaky. They are transparent.
@yancyyst2 жыл бұрын
I don't think arbitrage sucks at all, both have pros and cons, arbitrage is the best for beginners to get into the business plus you can cash flow a lot of money, for the lease if it doesn't work out you can have an exit plan where you leave the deposit and pay an extra 1 or 2 months of rent to be able to break the lease so is more flexible, since you can scale faster you can try different cities and then you can figure which city is best to start buying, I would suggest a hybrid approach but if you don't have a lot capital or even if you do arbitrage let's you test airbnb and the short term rental business before committing for the long run
@jasonswartley13512 жыл бұрын
Agree 100%
@executioniseverything29912 жыл бұрын
Agree with you 100%. These clickbait titles are maddening, though. Arbitrage will always exist and is a great way to build income while helping landlords.
@nicoleprah-ennin8150 Жыл бұрын
Thank you for this! This saved me from making a big mistake in entering this business.
@ColdStone52 Жыл бұрын
Can’t you write your arbitrage off if you have an LLC
@eastcoastbrushworks6327 Жыл бұрын
Arbitrage would not work in NY. NY is too "squatters rights" friendly. You could have someone book for 3 days or a week, and then they say, "I'm not leaving." It would cost YOU, not the landlord of the property upwards of $20,000 in legals fees to get the squatter evicted.
@FundedRob2 жыл бұрын
I agree with the benefits of real estate, but the benefits of real estate doesn’t equate to arbitrage sucking. Not everyone has the capital to buy a house. I know people that cash flowed with arbitrage and then bought real estate. We all know that Arbitrage is all cash flow. It would be the same as leasing a corner store or something and getting cash flow from that. It’s a business like any other business. I agree with this video, but I’m not a fan of it. Love you guys.
@megw23292 жыл бұрын
I'm still going to try Arbitrage to get cash for purchases bc not everyone has 100k to invest.
@fdiscua192 жыл бұрын
Great video. However, arbitrage sounds like a great way to build up cash to later buy rental properties. I also think scalability is harder with buy and hold properties but easier with arbitrage.
@TheRealEstateRobinsons2 жыл бұрын
There’s Pro’s and cons to each approach! We just wanted to share our thoughts 💭
@djtlotoka2 жыл бұрын
This is exactly what everyone should be doing!!!
@TheRenaissanceAmazon2 жыл бұрын
You’re completely right about that. A lot of people have scaled their business fast by doing rental arbitrage.
@misunderstoodkj2 жыл бұрын
I agree with you. I do both and it is way better when you actually own the properties.
@Bigwheels161616 Жыл бұрын
did not actually hear why artitrage sucks but learned a lot from your video.
@SamJames.2 жыл бұрын
Love the video! Definitely agree with you.. the one pro I’d add to arbitrage (as a perk of lower barrier to entry) is it gets you experience much quicker than waiting to buy, which you can then use to make smarter business decisions as you transition into running the properties you own. Basically if you’re going to utilize arbitrage, utilize it to buy your own property. Thank you both for your insight!
@TheRealEstateRobinsons2 жыл бұрын
Really great point Sam! And there’s a value associated with experience- becomes easier to find partners, money, etc.
@jasonswartley13512 жыл бұрын
Rent is 100% deductible every year. It’s a normal business expense. Also all the capital investment in the furnishings and any capital improvements are 100% deductible first year or over the life of the lease if it’s a multi year lease. These are normal tax deductions. Might want to research these things before talking about it. Commercial real estate like a short term rental lease since it’s not your residence by a tax standard is a commercial lease. It’s a business expense.
@joespinelli36042 жыл бұрын
hey man! I saw your name pop up a few times in the comment section and stood out cause it seems you know this business really well. I'm doing wholesaling right now but looking into bnb arbitrage as another way to build capital, wondering if you'd be open to connecting and seeing if I could pick your brain about it?
@ivanhuld98222 жыл бұрын
What is the address for the download calculator? I missed that. Thanks!
@saltier.s2 жыл бұрын
Hey guys! I am very confused with the statement that you can't write off rent when doing rental arbitrage. It is both a necessary and ordinary expense. Can you guys clarify what you meant?
@saltier.s2 жыл бұрын
IRS website: "When Can I Deduct an Expense? Example 1. In 2021, you sign a 10-year lease and immediately pay your rent for the first 3 years. Even though you paid the rent for 2021, 2022, and 2023, you can only deduct the rent for 2021 on your 2021 tax return. You can deduct the rent for 2022 and 2023 on your tax returns for those years."
@SupremeSkeptic3 ай бұрын
Seems like Sean Rakidzich is the only person who dislikes this video
@cmecrownmyempire95392 жыл бұрын
Love you guys thanks so much great content!
@MoneyTalksPodcastt2 жыл бұрын
I was thinking about doing this. I need to do more research.
@currently91432 жыл бұрын
dont do it
@vrodbr2 жыл бұрын
My biggest concern would having 3-4 units I’m renting and a new law is put into place like Atlanta and now I have to cover the rent for the remainder of my lease.
@jasonswartley13512 жыл бұрын
Write in a back door out within 30 days notice for law changes or pandemic issues. This is written into my leases.
@ColdStone52 Жыл бұрын
What do you guys do with your properties ?
@ColdStone52 Жыл бұрын
That you own
@streakingclothed2 жыл бұрын
Totally agree, guys. The cons definitely outweigh the pros. That said, as a young professional in need of cashflow to set aside for a down payment on a rental, it's sounding tempting lately!
@streakingclothed2 жыл бұрын
If done responsibly with a plan to transition to rental ownership with the profits, arbitrage can be worth starting with I think
@TheRealEstateRobinsons2 жыл бұрын
100% accurate. It’s a great way to build cash flow that then covers your cost to own something.
@jeromesyblis5073 Жыл бұрын
Click bait
@prodigy8032 жыл бұрын
As a business, can't you write off rent? I'm pretty sure that's a deductible expense.
@saltier.s2 жыл бұрын
I was wondering the same thing
@jasonswartley13512 жыл бұрын
It is 100%.
@drew74rush12 жыл бұрын
If you have an llc you can! Not all the rent but a portion of it. They failed on number two!
@catherineduncan66112 жыл бұрын
My husband and I bought a place with a heloc on our first home. We basically put all of our eggs on one basket. It’s going to take a few years to get money through cash flow and appreciation. Im thinking of doing arbitrage in order to get more cash flow and get another real estate property sooner.
@TheRealEstateRobinsons2 жыл бұрын
That’s the beauty of real estate! There’s so many options. Just have to find the right one for you.
@kentaubert256 Жыл бұрын
That’s why you get a landlord to make a contract before you sign your leases
@codyA5302 жыл бұрын
Hi Tony and Sara! Amazing video as usual. Always great to hear other perspectives on the different strategies within the STR sphere. Have you thought about doing a video on how you structure your STR business? Some questions are, does each STR get its own bank account? Do you set up a separate LLC for each STR? I know everyone does it differently, but good to see perspective. Keep up the great educational content! Thanks!
@THEcolebennett2 жыл бұрын
I have 2 arbitrage units and all that they say is so true! There are ways to negotiate more control of the unit(s) but I agree 100%. It is good to build cashflow, though but that’s about it.
@itsfungus2 жыл бұрын
Hey Cole! Pretty Cole that you have 2. I’m thinking to get into this. If would be willing to chat and talk about your experience lmk. Would appreciate any time!
@THEcolebennett2 жыл бұрын
@@itsfungus save your money and invest into real estate. NOT AIRBNB ARBITRAGE
@itsfungus2 жыл бұрын
@@THEcolebennett wow what. You didn’t have a good experience?
@bythebook15482 жыл бұрын
Hi Tony and Sara. I'm getting ready to purchase a property following your videos, and was curious about forming an LLC for it. Have you made your own LLC? If so, how did you set it up for an out of state LLC? (Tennessee)