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Airbnb Rules All About Airbnb

Airbnb Rules in Kissimmee

Are you looking to invest in an Airbnb property in Florida? If you have chosen Kissimmee in particular, then you’re on the right track. Florida is one of the booming short-term rental areas and it was also recently recognized to be part of the most profitable Airbnb cities in the USA this summer of 2022.

There’s no doubt that the best places to Airbnb in Florida are generating thousands of dollars for property owners and investors. In addition to this, Kissimmee offers various investment opportunities that one should not miss out on.

Continue reading to learn more about Airbnb rules in Kissimmee and check out the profitability in this city.

Is Airbnb legal in Kissimmee? 

Let’s cut the story short: Yes, Airbnb is certainly legal in Kissimmee! With more than 8 million visitors annually, this city is popular for its thrilling attractions such as the Walt Disney World Resort, Kissimmee Lakefront Park, Museum of Military History, and more.

Here is a little proof! As of July 2022, there are 3,202 nights available in Kissimmee from Airbnb alone. David manages 20 listings, while Evolve and Moradda Vacation Homes operate 20 and 20 respectively.

How much can I make by running an Airbnb in Kissimmee?

Currently, there are 197 Airbnb listings in Kissimmee, with 36% of entire houses earning up to $2,753 a month. The Average Occupancy Rate in Kissimmee is 69% and the average daily rate is $73. According to short-term rental properties data source Airbtics, a 2-bedroom apartment in Kissimmee can make up to $24,842 each year. Check out our Airbnb Profit Calculator!

Kissimmee airbnb rules
What Are The Short-term Rental Accommodation Policies in Kissimmee?
  • Conditional Use Permit may be required. Kissimmee requires many operators of short-term rentals to apply for and obtain a conditional use permit from the City.
  • Hosts will also need to apply for and obtain a business tax receipt specific to short-term rentals.
  • Kissimmee enforces rules and regulations specifying minimum construction, design, and maintenance standards for buildings, including regulations on habitability, health, and safety based on Florida building codes.
how much can you make on airbnb

Is Kissimmee A Profitable Area to Invest In?

If you’re worried about spending thousands of bucks to purchase a property, the good news is you have an option of not owning one. This is because there are many property investors who enjoy doing rental arbitrage in Florida as a passive income!

Based on a recent report about Airbnb occupancy rates by city, Kissimmee has a potential annual revenue of $28,044 during peak seasons from June – July. These Airbnb metrics are important in order to expect potential revenue and avoid losing hard-earned money. Before starting an Airbnb business, getting to know your preferred area’s occupancy rates, average daily rates, and annual revenue are important to achieve success.

By using an accurate short-term rental calculator, you’ll be able to confirm if Kissimmee is a good place for investment! In the digital era, it’s easy to discover your estimated annual revenue and high-return investment opportunities in Kissimmee.

Kissimmee airbnb rules

Source: Airbtics Dashboard

Kissimmee’s Property Market 2022

Based on a recent report of Kissimmee’s rental market trend in 2022, there is a 19% price increase in comparison to the previous year. Despite this fact, more and more tenants are still interested in renting properties for passive income in Kissimmee.

Kissimmee’s Rental Market

Source: Kissimmee’s Average Rental Trend

Profitable Neighborhoods in Kissimmee

Here are some of the most recommended neighborhoods that you can look into & consider purchasing based on Airbtics estimator:

Suburbs Average House Price (2bd apartments) Average Rent Price Average Airbnb Revenue
Foxhall $240,000 $1,650 $3,384
Bella Vida $275,000 $1,565 $2,285
Bermuda Bay $200,000 $1,941 $2,763

Source for Property Price: Properties in Kissimmee

Conclusion 

In general, considering the Airbnb rules & regulations in Kissimmee will help your Airbnb business to run smoothly! Aside from the fact that this is a passive income for various hosts, starting an Airbnb business is also a way to enjoy life and connect with new people from all over the world. Try Airbtics now and make the wisest investment decisions!

Airbtics
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Airbnb Rules All About Airbnb

Airbnb Rules in Jacksonville

If you are looking to invest in an Airbnb property in Florida, particularly in Jacksonville, this article is for you! Florida is one of the booming short-term rental areas and it was also recently recognized to be part of the most profitable Airbnb cities in the USA this summer of 2022.

There’s no doubt that the best places to Airbnb in Florida are generating thousands of dollars for property owners and investors. Because of this, there are also various investment opportunities that one should consider – especially in Jacksonville!

Continue reading to learn more about Airbnb rules in Jacksonville and check out the profitability in this city.

Is Airbnb legal in Jacksonville? 

Let’s cut the story short: Yes, Airbnb is certainly legal in Jacksonville! With over 850 square miles of serene beaches and tourist attractions, this city is pretty much occupied with over 23.3 million visitors annually.

Jacksonville is vastly popular for its Museum of Contemporary Art, State Parks, Timucuan Ecological and Historical Preserve, and other tourist attractions. 

Here is a little proof! As of July 2022, there are 15,123 nights available in Jacksonville from Airbnb alone. Mark manages 57 listings, while Eric and Andrew & Melody operate 39 and 31 respectively.

How much can I make by running an Airbnb in Jacksonville?

Currently, there are 1,125 Airbnb listings in Jacksonville, with 59% of entire houses earning up to $2,204 a month. The Average Occupancy Rate in Jacksonville is 61% and the average daily rate is $86. According to vacation holiday properties market data source Airbtics, a 2-bedroom apartment in Jacksonville can make up to $24,714 each year. Check out our Short-Term Rental Income Calculator and discover how much you can make on Airbnb!

Jacksonville airbnb rules
What Are The Short-term Rental Accommodation Policies in Jacksonville?
  • Short-term vacation rentals are permitted in zoning districts in Florida where residential uses are permitted.
  • If you are a property owner or a licensed agent for a property management company, you must apply for a short-term vacation rental certificate for every property being used as a short-term vacation rental.
  • All existing short-term vacation rentals that require a certificate are required to make an application to the City of Jacksonville Beach. You can register your short-term rental property to the planning and development department at city hall located at 11 3rd Street North.
  • If you are an owner-occupied dwelling with a unit renting 50% or less, you are not subject to the short-term vacation rental regulations. However, registration with county and state taxing authorities is still required.
how much can you make on airbnb

Is Jacksonville A Profitable Area to Invest In?

If you’re worried about spending thousands of bucks to purchase a property, the good news is you have an option of not owning one. This is because there are many property investors who enjoy doing rental arbitrage in Florida as a passive income!

Based on recent Airbnb statistics in Florida East Coast Beaches, Jacksonville’s occupancy rate has increased from 59% in 2021 to 76% this year. These Airbnb metrics are important in order to expect potential revenue and avoid losing hard-earned money. Before starting an Airbnb business, getting to know your preferred area’s occupancy rates, average daily rates, and annual revenue are important to achieve success.

By using an accurate short-term rental calculator, you’ll be able to confirm if Jacksonville is a good place for investment! In the digital era, it’s easy to discover your estimated annual revenue and high-return investment opportunities in Jacksonville.

Jacksonville airbnb rules

Source: Airbtics Dashboard

Jacksonville’s Property Market 2022

Based on a recent report of Jacksonville’s rental market trend in 2022, there is a 19% price increase in comparison to the previous year. Despite this fact, more and more tenants are still interested in renting properties for passive income in Jacksonville.

Jacksonville’s Rental Market

Source: Jacksonville Rental Market

Here are some of the most recommended neighborhoods that you can look into & consider purchasing based on Airbtics estimator:

Suburbs Average House Price (3bd apartments) Average Rent Price Average Airbnb Revenue
Riverside $325,000 $1,885 $3,766
Springfield $475,000 $1,495 $3,794
Downtown $588,000 $2,530 $3,630

Source for Property Price: Properties in Jacksonville

Conclusion 

In general, considering the Airbnb rules & regulations in Jacksonville will help your Airbnb business to run smoothly! Aside from the fact that this is a passive income for various hosts, starting an Airbnb business is also a way to enjoy life and connect with new people from all over the world. Try Airbtics now and make the wisest investment decisions!

Airbtics
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Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Canberra

Do you want to have financial freedom through passive income? Here’s a great way to do so: Invest in a property! And no – you don’t need to own a property to start the Airbnb rental arbitrage business.

In this article, we featured the entire process of Airbnb rental arbitrage in Canberra, its profitability, Airbnb key metrics including occupancy & average daily rates, along with the best areas for investment. Continue reading to learn more about short-term regulations and ways to convince landlords to sublet properties for rental arbitrage.

What is Rental Arbitrage? 

Rental Arbitrage is a perfect way to start an Airbnb business with no money. By convincing landlords to lease you a property, you can furnish and sublease it on Airbnb and VRBO. No need for you to buy a property! 

It is perfectly legal and is a proven scalable business model. In my podcast, I have spoken to various entrepreneurs doing Airbnb arbitrage full-time. 

Here’s a proof! In Canberra, Daniel manages 84 listings and I’m pretty sure he doesn’t own all the properties. Overall, he made A$3,792,533 in the last 12 months.  

Canberra airbnb rental arbitrage

Is Rental Arbitrage Profitable in Canberra?

In order to start a rental arbitrage in Australia, particularly in Canberra, it’s primarily important to take note of the overall cost & potential revenue.

For instance, the best neighborhood to invest in is Canberra City Centre, which is the most eclectic neighborhood in Canberra. Using Airbtics’ income generator, you can easily discover that rental arbitrage in Canberra is profitable.

Canberra airbnb rental arbitrage
Profit & Monthly Expense in Canberra

Based on Airbtics’ data, you can earn a whopping A$7,747 per month for a 3-bedroom apartment in Canberra City Centre alone. With the data provided, you can certainly tell that investing in a property in Canberra is profitable.

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
A$4,128 A$7,747 A$1,549 A$2,070

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price, and the monthly expenses (A$7,747 – A$4,128 – A$1,549 = A$2,070).

 Startup Cost in Canberra

Now that you have an overview of how much your monthly expense & revenue are, let’s talk about the start-up cost! How long does it take for an investor to get back the startup cost? Let’s take a look at this calculation:

Total Startup Cost (Average startup cost + 2 months rent price) Cash Return Time
A$10,256 5 months

The average estimated startup cost (for furnishing) in Canberra is around A$2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (A$8,256). Now that we have a total startup cost of A$10,256, cash return time can be calculated by dividing this by the monthly profit (A$2

Given your monthly revenue of A$2,070, it will take approximately 5 months time to get back the startup cost in Canberra!

In such a short period of time, you can already expect profit and consider starting your second unit for rental arbitrage. If this sounds promising to you, then go ahead and look at the other best areas for rental arbitrage in Canberra.

Best Areas for Rental Arbitrage in Canberra

Before investing in a particular area in Canberra, you have to take a look at the top markets and number of listings to set your expectations towards success. Check out the top 3 suburbs in Canberra ranked by their annual revenue, along with their occupancy & daily rates:

1. Braddon

This neighborhood in Canberra is best known for its artisan coffee roasters, creative arts centres, and chic restaurants. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Braddon:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$2,173 A$3,860 83% A$177
2-bedrooms A$2,737 A$4,600 80% A$233
3-bedrooms A$3,650 A$5,907 77% A$390

According to our Airbtics Dashboard, there are more than 71 Airbnb listings with 5 condo properties and 39 one-bedroom properties in this area. The monthly revenue for most properties in Braddon is more than A$4,084 per month with occupancy being more than 72%.

2. Canberra City Centre

Situated within the heart of Canberra, the city centre is the city’s primary destination for ultimate entertainment and dynamic retail. Check out the Airbnb data such as the average revenue, occupancy rates, and more in  Canberra City Centre:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$2,303 A$3,455 89% A$203
2-bedrooms A$2,933 A$5,703 78% A$333
3-bedrooms A$4,128 A$7,747 61% A$442

This area has a total of 117 Airbnb listings with 12 private room properties and 57 one-bedroom property. The monthly revenue for most properties in Canberra City Centre is more than A$4,081 per month with occupancy being more than 65%.

3. Kingston

Kingston is known as one of the capital’s most old yet popular suburbs in Canberra. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Kingston:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$2,281 A$4,237 88% A$196
2-bedrooms A$2,650 A$4,285 89% A$245
3-bedrooms A$3,172 A$5,527 78% A$623

This area has a total of 73 Airbnb listings with 5 private room properties and 45 one-bedroom properties in this area. The monthly revenue for most properties in Kingston is more than A$4,315 per month with occupancy being more than 73%.

how much can you make on airbnb

Short-term rental regulations in Canberra

To begin with, it’s certainly important to be familiar with the Airbnb rules in Canberra to make sure that your business will run smoothly. Here are some of the short-term rental regulations and laws to take note of:

  • Currently, the Australian Capital Territory Government has no particular regulations in short-term rentals.
  • For those who want to sublet the property, a landlord’s written consent is required as stated on the Standard Residential Tenancy Terms and the Residential Tenancies Act 1997 (‘the Act’).

Rental Properties in Canberra

To run an Airbnb rental arbitrage in Australia, you can look at property websites and get a grasp of the ranging prices in Canberra:

1. Real Estate
sublet in Canberra
2. Zango
sublet in Canberra

How to Find Landlords for Airbnb Rental Arbitrage

Airbnb investment through rental arbitrage is one of the best strategies to have passive income. However, it could be a challenge to find a landlord that allows their property for subletting on Airbnb. You can also convince a landlord by following the rental arbitrage email template & be extra creative! 

Here are ways how you can find landlords that allow Airbnb rental arbitrage:

  1. Real Estate Websites

Renters in the digital world who are looking for properties online can easily connect with landlords. Some of the most recommended online real estate websites which allow you to filter by city, state, or ZIP code are:

However, you can also find apartment & condominium properties online in the following websites:

  1. Search Engines & Marketplaces

There are numerous property owners who are leasing their properties and you can easily find them on Google & online marketplaces. Check out some of the most recommended marketplaces:

  1. Communicate with Landlords

If you are currently renting a space or know someone who is, then it’s also recommended to speak with them. Start by asking if there are vacant rooms or properties and let them know about your intentions of putting them up for rental arbitrage. They might also be able to recommend neighbors or local friends who are also interested in this idea!

Airbtics
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Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Perth

Do you want to have financial freedom through passive income? Here’s a great way to do so: Invest in a property! And no – you don’t need to own a property to start the Airbnb rental arbitrage business.

In this article, we featured the entire process of Airbnb rental arbitrage in Perth, its profitability, along with the best areas and neighborhoods. Continue reading to learn more about short-term regulations and ways to convince landlords to sublet properties for rental arbitrage.

What is Rental Arbitrage? 

Rental Arbitrage is a perfect way to start an Airbnb business with no money. By convincing landlords to lease you a property, you can furnish and sublease it on Airbnb and VRBO. No need for you to buy a property! 

It is perfectly legal and is a proven scalable business model. In my podcast, I have spoken to various entrepreneurs doing Airbnb arbitrage full-time. 

Here’s a proof! In Perth, Phoebe manages 61 listings and I’m pretty sure she doesn’t own all the properties. Overall, she made A$2,936,779 in the last 12 months.  

Perth airbnb rental arbitrage

Is Rental Arbitrage Profitable in Perth?

In order to start a rental arbitrage in Australia, particularly in Perth, it’s primarily important to take note of the overall cost & potential revenue.

For instance, the best neighborhood to invest in is East Perth, which is a laid-back inner suburb in West Australia with a popular waterfront. Using Airbtics’ income generator, you can easily distinguish that rental arbitrage in Perth is profitable.

Perth airbnb rental arbitrage
Profit & Monthly Expense in Perth

Based on Airbtics’ data, you can earn a whopping A$6,477 per month for a 3-bedroom apartment in East Perth alone. With the data provided, you can certainly tell that investing in a property in Perth is profitable.

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
A$3,433 A$6,477 A$1,295 A$1,749

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price, and the monthly expenses (A$6,477 – A$3,433 – A$1,295 = A$1,749).

 Startup Cost in Perth

Now that you have an overview of how much your monthly expense and revenue are, let’s talk about the startup cost. How long does it take for an investor to get back the startup cost? Let’s take a look at this calculation:

Total Startup Cost (Average startup cost + 2 months rent price) Cash Return Time
A$8,866 5.1 months

The average estimated startup cost (for furnishing) in Perth is around A$2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (A$6,866). Now that we have a total startup cost of A$8,866, cash return time can be calculated by dividing this by the monthly profit (A$1,749). 

Given your monthly revenue of A$1,749, it will take approximately 5.1 months time to get back the startup cost in Perth.

In such a brief period of time, you can already expect profit and can even start considering a second unit for rental arbitrage. If this sounds promising to you, then go ahead and look at the other best areas for rental arbitrage in Perth.

Best Areas for Rental Arbitrage in Perth

Before investing in a particular area in Perth, you have to take a look at the top markets and number of listings to set your expectations towards success. Check out the top 3 suburbs in Perth ranked by their annual revenue, along with their occupancy & daily rates!

1. East Perth

East Perth offers incredible views with seafood restaurants and green spaces that are perfect for all kinds of travelers. Check out the Airbnb data such as the average revenue, occupancy rates, and more in East Perth:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$1,825 A$3,128 80% A$149
2-bedrooms A$2,824 A$4,539 84% A$194
3-bedrooms A$3,433 A$6,477 81% A$300

According to our Airbtics Dashboard, there are more than 142 Airbnb listings with 19 condo properties and 65 one-bedroom properties in this area. The monthly revenue for most properties in East Perth is more than A$3,604 per month with occupancy being more than 65%.

2. Rockingham 

This neighborhood is a popular holiday destination with a beautiful coastline in Perth! Check out the Airbnb data such as the average revenue, occupancy rates, and more in Rockingham:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$1,738 A$2,965 91% A$138
2-bedrooms A$1,955 A$3,520 87% A$167
3-bedrooms A$2,520 A$5,357 74% A$323

This area has a total of 34 Airbnb listings with 6 private room properties and 10 one-bedroom property. The monthly revenue for most properties in Rockingham is more than A$3,405 per month with occupancy being more than 68%.

3. South Fremantle 

This suburb in Perth has the natural charm of attracting people from Perth because of its modern culture and various chic cafes. Check out the Airbnb data such as the average revenue, occupancy rates, and more in South Fremantle:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$2,390 A$3,365 86% A$139
2-bedrooms A$2,694 A$4,530 81% A$194
3-bedrooms A$3,042 A$5,799 80% A$309

This area has a total of 70 Airbnb listings with 13 private room properties and 34 one-bedroom properties in this area. The monthly revenue for most properties in South Fremantle is more than A$3,395 per month with occupancy being more than 77%.

LOOKING FOR THE TOP RENTAL MARKETS IN AUSTRALIA?

Discover the average rental yield in Australia‘s most recommended cities for STR investments!

Short-term rental regulations in Perth

To begin with, it’s certainly important to be familiar with the Airbnb rules in Perth to make sure that your business will run smoothly. Here are some of the short-term rental regulations and laws to take note of:

  • It is required to get planning approval from the city in order legally rent your apartment or house to short-term guests on a commercial basis.
  • Providers of short-term rental accommodation within Western Australia are required to register their property to operate and advertise.
  • Once approved, a unique registration number should be advertised alongside the short-term rental.
  • All applications will also be required to demonstrate compliance with the Disability Discrimination Act.

Rental Properties in Perth

To run an Airbnb rental arbitrage in Australia, you can look at property websites and get a grasp of the ranging prices in Perth:

1. Domain
sublet in Perth
2. Rent AU
sublet in Perth

How to Find Landlords for Airbnb Rental Arbitrage

Airbnb investment through rental arbitrage is one of the best strategies to have passive income. However, it could be a challenge to find a landlord that allows their property for subletting on Airbnb. You can also convince a landlord by following the rental arbitrage email template & be extra creative! 

Here are ways how you can find landlords that allow Airbnb rental arbitrage:

  1. Real Estate Websites

Renters in the digital world who are looking for properties online can easily connect with landlords. Some of the most recommended online real estate websites which allow you to filter by city, state, or ZIP code are:

However, you can also find apartment & condominium properties online in the following websites:

  1. Search Engines & Marketplaces

There are numerous property owners who are leasing their properties and you can easily find them on Google & online marketplaces. Check out some of the most recommended marketplaces:

  1. Communicate with Landlords

If you are currently renting a space or know someone who is, then it’s also recommended to speak with them. Start by asking if there are vacant rooms or properties and let them know about your intentions of putting them up for rental arbitrage. They might also be able to recommend neighbors or local friends who are also interested in this idea!

Airbtics
Categories
Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Byron Bay

Do you want to have financial freedom through passive income? Here’s a great way to do so: Invest in a property! And no – you don’t need to own a property to start the Airbnb rental arbitrage business. In this article, we featured the entire process of Airbnb rental arbitrage in Byron Bay, its profitability, along with the best areas and neighborhoods. Continue reading to learn more about short-term regulations and ways to convince landlords to sublet properties for rental arbitrage.

What is Rental Arbitrage? 

Rental Arbitrage is a perfect way to start an Airbnb business with no money. By convincing landlords to lease you a property, you can furnish and sublease it on Airbnb and VRBO. No need for you to buy a property! 

It is perfectly legal and is a proven scalable business model. In my podcast, I have spoken to various entrepreneurs doing Airbnb arbitrage full-time. 

Here’s a proof! In Byron Bay, Meg manages 11 listings and I’m pretty sure she doesn’t own all the properties. Overall, she made A$1,181,736 in the last 12 months.  

Byron Bay airbnb rental arbitrage

Is Rental Arbitrage Profitable in Byron Bay?

In order to start a rental arbitrage in Australia, particularly in Byron Bay, it’s primarily important to take note of the overall cost & potential revenue.

For instance, the best neighborhood to invest in is Byron Beach, which is part of the world-renowned seaside town in New South Wales. Using Airbtics’ income generator, you can easily distinguish that rental arbitrage in Byron Bay is profitable.

Byron Bay airbnb rental arbitrage
Profit & Monthly Expense in Byron Bay

Based on Airbtics’ data, you can earn a whopping A$13,561 per month for a 3-bedroom apartment in Byron Beach alone. With the data provided, you can certainly tell that investing in a property in Byron Bay is profitable.

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
A$5,760 A$13,561 A$2,712 A$5,089

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price, and the monthly expenses (A$13,561 – A$5,760 – A$2,712 = A$5,089).

 Startup Cost in Byron Bay

Now that you have an overview of how much your monthly expense and revenue are, let’s talk about the startup cost. How long does it take for an investor to get back the startup cost? Let’s take a look at this calculation:

Total Startup Cost (Average startup cost + 2 months rent price) Cash Return Time
A$13,520 3 months

The average estimated startup cost (for furnishing) in Byron Bay is around A$2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (A$11,520). Now that we have a total startup cost of A$13,520, cash return time can be calculated by dividing this by the monthly profit (A$5,089). 

Given your monthly revenue of A$5,089, it will take approximately 3 months time to get back the startup cost in Byron Bay.

In such a short period of time, you can already expect profit and can even start considering a second unit for rental arbitrage. If this sounds promising to you, then go ahead and look at the other best areas for rental arbitrage in Byron Bay.

Best Areas for Rental Arbitrage in Byron Bay

Before investing in a particular area in Byron Bay, you have to take a look at the top markets and number of listings to set your expectations towards success. Check out the top 3 suburbs in Byron Bay ranked by their annual revenue, along with their occupancy & daily rates!

1. Byron Beach

This neighborhood is popular due to its close proximity to Byron Bay town. The majority of tourists who like to surf and visit other attractions such as Apex Park & Surf Club usually prefer to be in this neighborhood. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Byron Beach:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$2,737 A$6,387 71% A$396
2-bedrooms A$3,563 A$9,828 71% A$634
3-bedrooms A$5,760 A$13,561 61% A$890

According to our Airbtics Dashboard, there are more than 149 Airbnb listings with 20 condo properties and 46 one-bedroom properties in this area. The monthly revenue for most properties in Byron Beach is more than A$6,226 per month with occupancy being more than 57%.

2. Tallow Beach 

Located in the heart of Byron Bay, Tallow Beach is perfect for backpackers, campers & surfers, and is a great place for fishing! Check out the Airbnb data such as the average revenue, occupancy rates, and more in Tallow Beach:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$2,694 A$7,667 76% A$351
2-bedrooms A$3,389 A$9,933 76% A$484
3-bedrooms A$7,169 A$12,025 66% A$860

This area has a total of 110 Airbnb listings with 28 private room properties and 39 one-bedroom property. The monthly revenue for most properties in Tallow Beach is more than A$5,264 per month with occupancy being more than 65%.

3. Cape Byron 

This stunning suburb in Byron Bay is one of the most adored because of its serene views and coastal trails. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Cape Byron:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$3,042 A$5,591 66% A$293
2-bedrooms A$3,563 A$7,117 64% A$726
3-bedrooms A$6,257 A$9,795 59% A$857

This area has a total of 35 Airbnb listings with 2 private room properties and 16 one-bedroom properties in this area. The monthly revenue for most properties in Cape Byron is more than A$6,124 per month with occupancy being more than 54%.

how much can you make on airbnb

Short-term rental regulations in Byron Bay

To begin with, it’s certainly important to be familiar with the Airbnb rules in Byron Bay to make sure that your business will run smoothly. Here are some of the short-term rental regulations and laws to take note of:

  • Your house or unit CAN NOT be used for non-hosted STRA (Short-term Rental Accommodation) for more than 180 days in a 365-day period
  • All hosts must register their STRA property on the State Government-run STRA Register
  • All hosts must comply with the fire and safety requirements and agree to follow the NSW Fair Trading Code of Conduct for the STRA Industry.
  • Hosts are required to pay a registration fee of $65 for the first 12 months and an annual renewal fee of $25.
  • There are Strata by-laws that restrict certain types of short-term rentals.

Rental Properties in Byron Bay

To run an Airbnb rental arbitrage in Australia, you can look at property websites and get a grasp of the ranging prices in Byron Bay:

1. Real Estate
sublet in Byron Bay
sublet in Byron Bay

How to Find Landlords for Airbnb Rental Arbitrage

Airbnb investment through rental arbitrage is one of the best strategies to have passive income. However, it could be a challenge to find a landlord that allows their property for subletting on Airbnb. You can also convince a landlord by following the rental arbitrage email template & be extra creative! 

Here are ways how you can find landlords that allow Airbnb rental arbitrage:

  1. Real Estate Websites

Renters in the digital world who are looking for properties online can easily connect with landlords. Some of the most recommended online real estate websites which allow you to filter by city, state, or ZIP code are:

However, you can also find apartment & condominium properties online in the following websites:

  1. Search Engines & Marketplaces

There are numerous property owners who are leasing their properties and you can easily find them on Google & online marketplaces. Check out some of the most recommended marketplaces:

  1. Communicate with Landlords

If you are currently renting a space or know someone who is, then it’s also recommended to speak with them. Start by asking if there are vacant rooms or properties and let them know about your intentions of putting them up for rental arbitrage. They might also be able to recommend neighbors or local friends who are also interested in this idea!

Airbtics
Categories
Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Brisbane

Do you want to have financial freedom through passive income? Invest in a property! Disclaimer: You don’t need to own a property at all in the Airbnb rental arbitrage business. In fact, some of the most important factors that investors should consider are the occupancy rates, and rental yields and they also must choose the best place for investment property in Australia.

In this article, we featured the entire process of Airbnb rental arbitrage in Brisbane, its profitability, Airbnb key metrics including occupancy and average daily rates, along with the best areas for investment. 

Continue reading to learn more about short-term regulations and ways to convince landlords to sublet properties for rental arbitrage.

What is Rental Arbitrage? 

Rental Arbitrage is a perfect way to start an Airbnb business with no money. By convincing landlords to lease you a property, you can furnish and sublease it on Airbnb and VRBO. No need for you to buy a property! 

It is perfectly legal and is a proven scalable business model. In my podcast, I have spoken to various entrepreneurs doing Airbnb arbitrage full-time. 

Here’s a proof! In Brisbane, Lee and Diane manage 92 listings and I’m pretty sure they don’t own all the properties. Overall, they made A$4,433,523 in the last 12 months.  

Brisbane airbnb rental arbitrage

Is Rental Arbitrage Profitable in Brisbane?

In order to start a rental arbitrage in Australia, particularly in Brisbane, it’s primarily important to take note of the overall cost and potential revenue.

For instance, the best neighborhood to invest in is New Farm. This neighborhood continues to be recognized as one of Brisbane’s top suburbs because of its transportation accessibility and entertainment options. Using Airbtics’ income generator, you can easily distinguish that rental arbitrage in Brisbane is profitable.

Brisbane airbnb rental arbitrage
Profit & Monthly Expense in Brisbane

Based on Airbtics’ data, you can earn a whopping A$9,178 per month for a 3-bedroom apartment in New Farm alone. With the data provided, you can certainly tell that investing in a property in Brisbane is profitable.

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
A$5,649 A$9,178 A$1,836 A$1,693

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price, and the monthly expenses (A$9,178 – A$5,649 – A$1,836 = A$1,693).

 Startup Cost in Brisbane

Now that you have an overview of how much your monthly expense and revenue, let’s talk about the start-up cost! How long does it take for an investor to get back the startup cost? Let’s take a look at this calculation:

Total Startup Cost (Average startup cost + 2 months rent price) Cash Return Time
A$13,298 8 months

The average estimated startup cost (for furnishing) in Brisbane is around A$2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (A$11,298). Now that we have a total startup cost of A$13,298, cash return time can be calculated by dividing this by the monthly profit (A$1,693). 

Given your monthly revenue of A$1,693, it will take approximately 8 months time to get back the startup cost of A$13,298.

In such a brief period of time, you can already expect profit and can even start considering a second unit for rental arbitrage. If this sounds promising to you, then go ahead and look at the other best areas for rental arbitrage in Brisbane!

Best Areas for Rental Arbitrage in Brisbane

Before investing in a particular area in Brisbane, you have to take a look at the top markets and number of listings to set your expectations towards success. Check out the top 3 suburbs in Brisbane ranked by their annual revenue, along with their occupancy & daily rates!

1. Frog’s Hollow

Located in Brisbane’s central district, this neighborhood has an impressive selection of tourist attractions! Check out the Airbnb data such as the average revenue, occupancy rates, and more in Frog’s Hollow:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$1,738 A$2,849 89% A$159
2-bedrooms A$3,215 A$5,214 76% A$302
3-bedrooms A$4,345 A$8,220 90% A$394

According to our Airbtics Dashboard, there are more than 195 Airbnb listings with 35 condo properties and 99 one-bedroom properties in this area. The monthly revenue for most properties in Frog’s Hollow is more than A$4,046 per month with occupancy being more than 66%.

2. New Farm

New Farm is also recognized as the Little Italy of Brisbane. This neighborhood has a dynamic nightlife, the grandest parks, and picnic areas. Check out the Airbnb data such as the average revenue, occupancy rates, and more in New Farm:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$1,868 A$3,998 83% A$167
2-bedrooms A$3,042 A$5,315 86% A$328
3-bedrooms A$5,649 A$9,178 91% A$396

This area has a total of 77 Airbnb listings with 27 private room properties and 21 one-bedroom property. The monthly revenue for most properties in New Farm is more than A$4,117 per month with occupancy being more than 56%.

3. Fortitude Valley

This neighborhood is home to one of the state’s most culturally diverse communities and offers the best nightlife for tourists! Check out the Airbnb data such as the average revenue, occupancy rates, and more in Fortitude Valley:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$1,781 A$3,349 80% A$175
2-bedrooms A$2,716 A$4,738 84% A$223
3-bedrooms A$4,258 A$7,547 88% A$420

This area has a total of 115 Airbnb listings with 24 private room properties and 58 one-bedroom properties in this area. The monthly revenue for most properties in Fortitude Valley is more than A$4,230 per month with occupancy being more than 57%.

how much can you make on airbnb

Short-term rental regulations in Brisbane

To begin with, it’s certainly important to be familiar with the Airbnb rules in Brisbane to make sure that your business will run smoothly. Here are some of the short-term rental regulations and laws to take note of:

  • Before you can host STRs in your home in Brisbane, you must first apply for and receive a Short Term Rental Permit from the city council.
  • Hosts have to own the home that they want to rent as an STR.
  • The home intended to rent as an STR should be the permanent residence, meaning you reside there for at least 275 days out of the year.
  • The home intended to rent as an STR should be a single-family home, not a multi-family home/apartment or an accessory dwelling unit/granny unit/secondary dwelling unit. 
  • The host has to be present on the property during the rental period; unhosted “whole home” rentals are NOT permitted.
  • It is required to pay an application fee in the amount of $323 after your application has been accepted for processing.

Rental Properties in Brisbane

To run an Airbnb rental arbitrage in Australia, you can look at property websites and get a grasp of the ranging prices in Brisbane:

1. Domain
sublet in brisbane
2. Homely
sublet in brisbane

How to Find Landlords for Airbnb Rental Arbitrage

Airbnb investment through rental arbitrage is one of the best strategies to have passive income. However, it could be a challenge to find a landlord that allows their property for subletting on Airbnb. You can also convince a landlord by following the rental arbitrage email template & be extra creative! 

Here are ways how you can find landlords that allow Airbnb rental arbitrage:

  1. Real Estate Websites

Renters in the digital world who are looking for properties online can easily connect with landlords. Some of the most recommended online real estate websites which allow you to filter by city, state, or ZIP code are:

However, you can also find apartment & condominium properties online in the following websites:

  1. Search Engines & Marketplaces

There are numerous property owners who are leasing their properties and you can easily find them on Google & online marketplaces. Check out some of the most recommended marketplaces:

  1. Communicate with Landlords

If you are currently renting a space or know someone who is, then it’s also recommended to speak with them. Start by asking if there are vacant rooms or properties and let them know about your intentions of putting them up for rental arbitrage. They might also be able to recommend neighbors or local friends who are also interested in this idea!

Airbtics
Categories
Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Bondi Beach

Did you know that don’t need to own a property at all in the Airbnb rental arbitrage business? In this article, we featured the entire process of Airbnb rental arbitrage in Bondi Beach, its profitability, Airbnb key metrics including occupancy and average daily rates. 

Continue reading to learn more about short-term regulations and ways to convince landlords to sublet properties for rental arbitrage.

What is Rental Arbitrage? 

Rental Arbitrage is a perfect way to start an Airbnb business with no money. By convincing landlords to lease you a property, you can furnish and sublease it on Airbnb and VRBO. No need for you to buy a property! 

It is perfectly legal and is a proven scalable business model. In my podcast, I have spoken to various entrepreneurs doing Airbnb arbitrage full-time. 

Here’s a proof! In Bondi Beach, Richard manages 7 listings and I’m pretty sure he doesn’t own all the properties. Overall, he made A$39,767 in the last 12 months.  

Bondi Beach airbnb rental arbitrage

Is Rental Arbitrage Profitable in Bondi Beach?

In order to start a rental arbitrage in Australia, particularly in Bondi Beach, it’s primarily important to take note of the overall cost & potential revenue.

Using Airbtics’ income generator, you can easily find out that rental arbitrage in Bondi Beach is profitable.

Bondi Beach airbnb rental arbitrage
Profit & Monthly Expense in Bondi Beach

Based on Airbtics’ data, you can earn a whopping A$11,017 per month for a 3-bedroom apartment in Bondi Beach. With the data provided, you can certainly tell that investing in a property in Bondi Beach is profitable.

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
A$5,214 A$11,017 A$2,203 A$3,600

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price, and the monthly expenses (A$11,017 – A$5,214 – A$2,203 = A$3,600).

 Startup Cost in Bondi Beach

Now that you have an overview of how much your monthly expense & revenue are, let’s talk about the start-up cost! How long does it take for an investor to get back the startup cost? Let’s take a look at this calculation:

Total Startup Cost (Average startup cost + 2 months rent price) Cash Return Time
A$12,428 4 months

The average estimated startup cost (for furnishing) in Bondi Beach is around A$2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (A$5,214). Now that we have a total startup cost of A$12,428, cash return time can be calculated by dividing this by the monthly profit (A$3,600). 

Given your monthly revenue of A$3,600, it will take approximately 4 months time to get back the startup cost in Bondi Beach.

In such a brief period of time, you can already expect profit and can even start considering a second unit for rental arbitrage. If this sounds promising to you, then go ahead and look at the other best areas for rental arbitrage in Bondi Beach.

Profitability of Rental Arbitrage in Bondi Beach

Before investing in a particular area in Melbourne, you have to take a look at the top markets and number of listings to set your expectations towards success. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Bondi Beach:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$3,042 A$4,941 86% A$268
2-bedrooms A$3,454 A$6,826 84% A$438
3-bedrooms A$5,214 A$11,017 80% A$826

WANT TO DISCOVER MORE PROFITABLE RENTAL MARKETS IN AUSTRALIA?

If you’re looking for other locations, check out the Australian cities with the best real estate markets!

Short-term rental regulations in Bondi Beach

To begin with, it’s certainly important to be familiar with the Airbnb rules in Bondi Beach to make sure that your business will run smoothly. Here are some of the short-term rental regulations and laws to take note of:

  • Any short-term rental must be registered and comply with the new Fire Safety Standard.
  • For hosted STRAs (the host shares the residence with their guests), the owner can rent out the dwelling 365 days per year with restrictions. 
  • For non-hosted STRAs (the host does not share the residence with their guests), the 180 days per year limit applies.
  • The new STRA planning policy provides a single, streamlined exempt development approval pathway that facilitates STRA in existing, lawfully constructed residential accommodation. STRA cannot be undertaken in the following properties:
    × Boarding houses 
    × Seniors housing 
    × Rural workers’ dwellings 
    × Eco-tourist facilities 
    × Hostels 
    × Camping grounds 
    × Caravan parks 
    × Moveable dwellings 
    × Group homes 
    × Refuge or crisis accommodation 
    × Tourist and visitor accommodation use to ensure they continue to meet their intended purpose.

Rental Properties in Bondi Beach

To run an Airbnb rental arbitrage in Australia, you can look at property websites and get a grasp of the ranging prices in Bondi Beach:

1. Property AU
sublet in bondi beach
2. Homely
sublet in bondi beach

How to Find Landlords for Airbnb Rental Arbitrage

Airbnb investment through rental arbitrage is one of the best strategies to have passive income. However, it could be a challenge to find a landlord that allows their property for subletting on Airbnb. You can also convince a landlord by following the rental arbitrage email template & be extra creative! 

Here are ways how you can find landlords that allow Airbnb rental arbitrage:

  1. Real Estate Websites

Renters in the digital world who are looking for properties online can easily connect with landlords. Some of the most recommended online real estate websites which allow you to filter by city, state, or ZIP code are:

However, you can also find apartment & condominium properties online in the following websites:

  1. Search Engines & Marketplaces

There are numerous property owners who are leasing their properties and you can easily find them on Google & online marketplaces. Check out some of the most recommended marketplaces:

  1. Communicate with Landlords

If you are currently renting a space or know someone who is, then it’s also recommended to speak with them. Start by asking if there are vacant rooms or properties and let them know about your intentions of putting them up for rental arbitrage. They might also be able to recommend neighbors or local friends who are also interested in this idea!

Airbtics
Categories
Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Melbourne

Did you know that don’t need to own a property at all in the Airbnb rental arbitrage business? In this article, we featured the entire process of Airbnb rental arbitrage in Melbourne, its profitability, Airbnb key metrics including occupancy & average daily rates, along with the best areas for investment. 

Continue reading to learn more about short-term regulations and ways to convince landlords to sublet properties for rental arbitrage.

What is Rental Arbitrage? 

Rental Arbitrage is a perfect way to start an Airbnb business with no money. By convincing landlords to lease you a property, you can furnish and sublease it on Airbnb and VRBO. No need for you to buy a property! 

It is perfectly legal and is a proven scalable business model. In my podcast, I have spoken to various entrepreneurs doing Airbnb arbitrage full-time. 

Here’s a proof! In Melbourne, Dave manages 78 listings and I’m pretty sure he doesn’t own all the properties. Overall, he made A$3,467,284 in the last 12 months.  

Melbourne airbnb rental arbitrage

Is Rental Arbitrage Profitable in Melbourne?

In order to start a rental arbitrage in Australia, particularly in Melbourne, it’s primarily important to take note of the overall cost & potential revenue. 

For instance, the best neighborhood to invest in is Southbank. As its leading contemporary art gallery is located in Southbank, a host can earn an average of A$3,060 monthly. Using Airbtics’ income generator, you can easily find out that rental arbitrage in Melbourne is profitable.

Melbourne airbnb rental arbitrage
Profit & Monthly Expense in Melbourne

Based on Airbtics’ data, you can earn a whopping A$7,605 per month for a 3-bedroom apartment in Southbank alone. With the data provided, you can certainly tell that investing in a property in Melbourne is profitable.

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
A$4,780 A$7,605 A$1,521 A$1,304

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price, and the monthly expenses (A$7,605 – A$4,780 – A$1,521 = A$1,304).

 Startup Cost in Melbourne

Now that you have an overview of how much your monthly expense & revenue are, let’s talk about the start-up cost! How long does it take for an investor to get back the startup cost? Let’s take a look at this calculation:

Total Startup Cost (Average startup cost + 2 months rent price) Cash Return Time
A$11,560 9 months

The average estimated startup cost (for furnishing) in Melbourne is around A$2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (A$9,560). Now that we have a total startup cost of A$11,560, cash return time can be calculated by dividing this by the monthly profit (A$1,304). 

Given your monthly revenue of A$1,304, it will take approximately 9 months time to get back the startup cost in Melbourne.

In such a brief period of time, you can already expect profit and can even start considering a second unit for rental arbitrage. If this sounds promising to you, then go ahead and look at the other best areas for rental arbitrage in Melbourne.

Best Areas for Rental Arbitrage in Melbourne

Before investing in a particular area in Melbourne, you have to take a look at the top markets and number of listings to set your expectations towards success. Check out the top 3 suburbs in Melbourne ranked by their annual revenue, along with their occupancy & daily rates!

1. South Yarra

This neighborhood is ideal for tenants as it has great proximity to the essential stores in Melbourne. Check out the Airbnb data such as the average revenue, occupancy rates, and more in South Yarra:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$1,738 A$2,856 78% A$173
2-bedrooms A$2,564 A$4,973 82% A$255
3-bedrooms A$3,889 A$6,804 84% A$564

According to our Airbtics Dashboard, there are more than 307 Airbnb listings with 32 condo properties and 159 one-bedroom properties in this area. The monthly revenue for most properties in South Yarra is more than A$3,772 per month with occupancy being more than 60%.

2. Mornington

This neighborhood is popular for its wineries and local produce. While the majority of locals prefer to hang by the seaside of Mornington, there are also tourists who are visiting the attractions near the area. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Mornington:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$1,521 A$5,816 82% A$296
2-bedrooms A$2,173 A$5,444 72% A$383
3-bedrooms A$2,781 A$6,854 74% A$487

This area has a total of 62 Airbnb listings with 6 private room properties and 26 one-bedroom property. The monthly revenue for most properties in Mornington is more than A$4,934 per month with occupancy being more than 65%.

3. Southbank

Southbank is a beautiful inner-city suburb that is home to fine dining restaurants, shopping districts, and art galleries. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Southbank:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$1,999 A$3,060 81% A$170
2-bedrooms A$2,650 A$4,721 78% A$287
3-bedrooms A$4,780 A$7,605 77% A$574

This area has a total of 379 Airbnb listings with 59 private room properties and 138 one-bedroom properties in this area. The monthly revenue for most properties in Southbank is more than A$3,560 per month with occupancy being more than 60%.

DISCOVER PROFITABLE LOCATIONS IN AUSTRALIA FOR AIRBNB INVESTMENTS

Check out other best places for buy to let investment in Australia!

Short-term rental regulations in Melbourne

To begin with, it’s certainly important to be familiar with the Airbnb rules in  Melbourne to make sure that your business will run smoothly. Here are some of the short-term rental regulations and laws to take note of:

  • Short-term rentals and short stays are considered as accommodation and residential buildings by the Victoria Planning Provisions. This means that a planning permit is NOT required to operate a short-term rental.
  • The city of Melbourne does not impose any night limits or other restrictions on short-term rentals.
  • If an apartment is issued with three breach notices in a 24-month period, Victorian Civil and Administrative Tribunal (VCAT) will be able to make orders restricting that apartment from being let for short-stay purposes for a period of time. The breach notices must be issued for separate events (rather than a single event that attracts multiple complaints).
  • According to the City of Melbourne and Consumer Affairs Victoria, there are no current zoning restrictions for short-term rentals or short stays in Melbourne.

Rental Properties in Melbourne

To run an Airbnb rental arbitrage in Australia, you can look at property websites and get a grasp of the ranging prices in Melbourne:

1. Domain
sublet in Melbourne
2. Rent AU
sublet in Melbourne

How to Find Landlords for Airbnb Rental Arbitrage

Airbnb investment through rental arbitrage is one of the best strategies to have passive income. However, it could be a challenge to find a landlord that allows their property for subletting on Airbnb. You can also convince a landlord by following the rental arbitrage email template & be extra creative! 

Here are ways how you can find landlords that allow Airbnb rental arbitrage:

  1. Real Estate Websites

Renters in the digital world who are looking for properties online can easily connect with landlords. Some of the most recommended online real estate websites which allow you to filter by city, state, or ZIP code are:

However, you can also find apartment & condominium properties online in the following websites:

  1. Search Engines & Marketplaces

There are numerous property owners who are leasing their properties and you can easily find them on Google & online marketplaces. Check out some of the most recommended marketplaces:

  1. Communicate with Landlords

If you are currently renting a space or know someone who is, then it’s also recommended to speak with them. Start by asking if there are vacant rooms or properties and let them know about your intentions of putting them up for rental arbitrage. They might also be able to recommend neighbors or local friends who are also interested in this idea!

Airbtics
Categories
Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Sydney

Learn how to do Airbnb rental arbitrage in Sydney, Australia! Find out your profitability with subletting rented properties to guests.

Do you want to have financial freedom through passive income? Here’s a great way to do so: Invest in a property! And no – you don’t need to own a property to start the Airbnb rental arbitrage business.

In this article, we featured the entire process of Airbnb rental arbitrage in Sydney, its profitability, Airbnb key metrics including occupancy & average daily rates, along with the best areas for investment. Continue reading to learn more about short-term regulations and ways to convince landlords to sublet properties for rental arbitrage.

What is Rental Arbitrage? 

Rental Arbitrage is a perfect way to start an Airbnb business with no money. By convincing landlords to lease you a property, you can furnish and sublease it on Airbnb and VRBO. No need for you to buy a property! 

It is perfectly legal and is a proven scalable business model. In my podcast, I have spoken to various entrepreneurs doing Airbnb arbitrage full-time. 

Here’s a proof! In Sydney, Ken manages 45 listings and I’m pretty sure he doesn’t own all the properties. Overall, he made A$848,587 in the last 12 months.  

Sydney airbnb rental arbitrage

Is Rental Arbitrage Profitable in Sydney?

In order to start a rental arbitrage in Australia, particularly in Sydney, it’s primarily important to take note of the overall cost & potential revenue.

For instance, the best neighborhood to invest in is Darlinghurst, which is the most eclectic neighborhood in Sydney. Using Airbtics’ income generator, you can easily discover that rental arbitrage in Sydney is profitable.

Sydney airbnb rental arbitrage
Profit & Monthly Expense in Sydney

Based on Airbtics’ data, you can earn a whopping A$10,634 per month for a 3-bedroom apartment in Darlinghurst alone. With the data provided, you can certainly tell that investing in a property in Sydney is profitable.

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
A$5,866 A$10,634 A$2,127 A$2,641

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price, and the monthly expenses (A$10,634 – A$5,866 – A$2,127 = A$2,641).

 Startup Cost in Sydney

Now that you have an overview of how much your monthly expense & revenue are, let’s talk about the start-up cost! How long does it take for an investor to get back the startup cost? Let’s take a look at this calculation:

Total Startup Cost (Average startup cost + 2 months rent price) Cash Return Time
A$13,732 5.2 months

The average estimated startup cost (for furnishing) in Sydney is around A$2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (A$11,732). Now that we have a total startup cost of A$13,732, cash return time can be calculated by dividing this by the monthly profit (A$2,641). 

Given your monthly revenue of A$2,641, it will take approximately 5.2 months time to get back the startup cost in Sydney!

In such a brief period of time, you can already expect profit and consider starting your second unit for rental arbitrage. If this sounds promising to you, then go ahead and look at the other best areas for rental arbitrage in Sydney.

Best Areas for Rental Arbitrage in Sydney

Before investing in a particular area in Sydney, you have to take a look at the top markets and number of listings to set your expectations towards success. Check out the top 3 suburbs in Sydney ranked by their annual revenue, along with their occupancy & daily rates:

1. Darlinghurst

Home to Australia’s biggest gay and lesbian community, Darlinghurst is a promising suburb that offers high-end apartments and condominiums. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Darlinghurst:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$2,129 A$3,884 81% A$215
2-bedrooms A$3,911 A$7,066 78% A$344
3-bedrooms A$5,866 A$10,634 64% A$1,750

According to our Airbtics Dashboard, there are more than 194 Airbnb listings with 11 condo properties and 90 one-bedroom properties in this area. The monthly revenue for most properties in Darlinghurst is more than A$3,539 per month with occupancy being more than 63%.

2. Redfern 

This neighborhood in Sydney is a flourishing urban Aboriginal community and has many Victorian-terraced housings. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Redfern:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$2,151 A$4,302 81% A$200
2-bedrooms A$3,259 A$4,904 82% A$336
3-bedrooms A$5,214 A$9,779 65% A$423

This area has a total of 86 Airbnb listings with 24 private room properties and 40 one-bedroom property. The monthly revenue for most properties in Redfern is more than A$3,307 per month with occupancy being more than 56%.

3. Manly

Manly is one of the world’s first surf life-saving clubs and has a must-see diversity of flora and fauna. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Manly:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$2,455 A$4,671 83% A$278
2-bedrooms A$3,802 A$7,011 82% A$519
3-bedrooms A$5,214 A$8,596 79% A$779

This area has a total of 252 Airbnb listings with 37 private room properties and 90 one-bedroom properties in this area. The monthly revenue for most properties in Manly is more than A$4,932 per month with occupancy being more than 61%.

LOOKING FOR MORE PROFITABLE RENTAL MARKETS IN AUSTRALIA?

Discover other top cities with the highest rental demand in Australia!

Short-term rental regulations in Sydney

To begin with, it’s certainly important to be familiar with the Airbnb rules in Sydney to make sure that your business will run smoothly. Here are some of the short-term rental regulations and laws to take note of:

  • 180-day booking cap (with an exemption for bookings 21 days or longer)
    For properties where the host is not present on the premises (non-hosted STRA) and located in Metro/Greater Sydney and several regional local council areas, the dwelling can be rented on a short-term for up to 180 days per year. 
  •  Residents can let their premises as a short term rental without the need for council approval, provided they meet the exempt development requirements.
  • All hosts must comply with the fire and safety requirements and agree to follow the NSW Fair Trading Code of Conduct for the STRA Industry.
  • Hosts are required to pay a registration fee of $65 for the first 12 months and an annual renewal fee of $25.
  • Local residents will be restricted on the number of days they can use their premises for short-term lets.

Rental Properties in Sydney

To run an Airbnb rental arbitrage in Australia, you can look at property websites and get a grasp of the ranging prices in Sydney:

1. Homely
sublet in Sydney
2. Domain
sublet in Sydney

How to Find Landlords for Airbnb Rental Arbitrage

Airbnb investment through rental arbitrage is one of the best strategies to have passive income. However, it could be a challenge to find a landlord that allows their property for subletting on Airbnb. You can also convince a landlord by following the rental arbitrage email template & be extra creative! 

Here are ways how you can find landlords that allow Airbnb rental arbitrage:

  1. Real Estate Websites

Renters in the digital world who are looking for properties online can easily connect with landlords. Some of the most recommended online real estate websites which allow you to filter by city, state, or ZIP code are:

However, you can also find apartment & condominium properties online in the following websites:

  1. Search Engines & Marketplaces

There are numerous property owners who are leasing their properties and you can easily find them on Google & online marketplaces. Check out some of the most recommended marketplaces:

  1. Communicate with Landlords

If you are currently renting a space or know someone who is, then it’s also recommended to speak with them. Start by asking if there are vacant rooms or properties and let them know about your intentions of putting them up for rental arbitrage. They might also be able to recommend neighbors or local friends who are also interested in this idea!

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Rental Arbitrage Contract Agreement + Free Downloadable Templates!

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Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Adelaide

Do you want to have financial freedom through passive income? Invest in a property! Disclaimer: you don’t need to own a property at all in the Airbnb rental arbitrage business.

In this article, we featured the entire process of Airbnb rental arbitrage in Adelaide, its profitability, Airbnb key metrics including occupancy & average daily rates, along with the best areas for investment. 

Continue reading to learn more about short-term regulations and ways to convince landlords to sublet properties for rental arbitrage.

What is Rental Arbitrage? 

Rental Arbitrage is a perfect way to start an Airbnb business with no money. By convincing landlords to lease you a property, you can furnish and sublease it on Airbnb and VRBO. No need for you to buy a property! 

It is perfectly legal and is a proven scalable business model. In my podcast, I have spoken to various entrepreneurs doing Airbnb arbitrage full-time. 

Here’s a proof! In Adelaide, Phil manages 27 listings and I’m pretty sure he doesn’t own all the properties. Overall, he made A$1,684,928 in the last 12 months.

Adelaide airbnb rental arbitrage

Is Rental Arbitrage Profitable in Adelaide?

In order to start a rental arbitrage in Australia, particularly in Adelaide, it’s primarily important to take note of the overall cost & potential revenue.

For instance, the best neighborhood to invest in is Henley Beach. Aside from the beauty of this cosmopolitan seaside paradise, it is also popular because of the variety of restaurants and shopping districts. Using Airbtics’ income generator, you can easily distinguish that rental arbitrage in Adelaide is profitable.

Adelaide airbnb rental arbitrage
Profit & Monthly Expense in Adelaide

Based on Airbtics’ data, you can earn a whopping A$11,782 per month for a 3-bedroom apartment in Henley Beach alone. With the data provided, you can certainly tell that investing in a property in Adelaide is profitable.

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
A$3,693 A$11,782 A$2,356 A$5,733

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price, and the monthly expenses (A$11,782 – A$3,693 – A$2,356 = A$5,733).

 Startup Cost in Adelaide

Now that you have an overview of how much your monthly expense & revenue, let’s talk about the start-up cost! How long does it take for an investor to get back the startup cost? Let’s take a look at this calculation:

Total Startup Cost (Average startup cost + 2 months rent price) Cash Return Time
A$9,386 2 months

The average estimated startup cost (for furnishing) in Adelaide is around A$2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (A$7,386). Now that we have a total startup cost of A$9,386, cash return time can be calculated by dividing this by the monthly profit (A$5,733). 

Given your monthly revenue of A$5,733, it will take approximately 2 months time to get back the startup cost in Adelaide!

In such a brief period of time, you can already expect profit and can even start considering a second unit for rental arbitrage. If this sounds promising to you, then go ahead and look at the other best areas for rental arbitrage in Adelaide!

Best Areas for Rental Arbitrage in Adelaide

Before investing in a particular area in Adelaide, you have to take a look at the top markets and number of listings to set your expectations towards success. Check out the top 3 suburbs in Adelaide ranked by their annual revenue, along with their occupancy & daily rates!

1. Glenelg

Glenelg is one of the most recommended areas for investors who want to target locals and tourists during the summertime. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Glenelg:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$2,824 A$4,133 77% A$222
2-bedrooms A$2,998 A$6,000 74% A$333
3-bedrooms A$3,259 A$7,791 82% A$412

According to our Airbtics Dashboard, there are more than 89 Airbnb listings with 8 condo properties and 37 one-bedroom properties in this area. The monthly revenue for most properties in Glenelg is more than A$4,078 per month with occupancy being more than 62%.

2. North Adelaide 

This neighborhood caters primarily to university students and tourists visiting the North Adelaide area. Check out the Airbnb data such as the average revenue, occupancy rates, and more in North Adelaide:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$2,607 A$3,992 87% A$251
2-bedrooms A$2,824 A$4,493 81% A$277
3-bedrooms A$3,693 A$7,099 76% A$384

This area has a total of 79 Airbnb listings with 9 private room properties and 27 one-bedroom property. The monthly revenue for most properties in North Adelaide is more than A$3,947 per month with occupancy being more than 70%.

3. Henley Beach

This must-visit destination is popular with both local & international tourists. Because of its close proximity to restaurants, coffee shops, and shopping centers, Henley Beach is definitely a star to property investors. Check out the Airbnb data such as the average revenue, occupancy rates, and more in Henley Beach:

Type of Bedrooms Average Rent Price Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom A$1,781 A$3,270 75% A$180
2-bedrooms A$1,955 A$4,460 78% A$215
3-bedrooms A$3,693 A$11,782 79% A$538

This area has a total of 70 Airbnb listings with 6 private room properties and 14 one-bedroom properties in this area. The monthly revenue for most properties in Henley Beach is more than A$3,732 per month with occupancy being more than 68%.

how much can you make on airbnb

Short-term rental regulations in Adelaide

To begin with, it’s certainly important to be familiar with the Airbnb rules in Adelaide to make sure that your business will run smoothly. Here are some of the short-term rental regulations and laws to take note of:

  • According to the short-term rental accommodation bill, residential premises used for short-term holiday rental accommodation must be registered.
  • An application for registration must be approved by the Commission and must be accompanied by the prescribed registration fee

Rental Properties in Adelaide

To run an Airbnb rental arbitrage in Australia, you can look at property websites and get a grasp of the ranging prices in Adelaide:

1. Rent AU
Sublet in Adelaide
Sublet in Adelaide

How to Find Landlords for Airbnb Rental Arbitrage

Airbnb investment through rental arbitrage is one of the best strategies to have passive income. However, it could be a challenge to find a landlord that allows their property for subletting on Airbnb. You can also convince a landlord by following the rental arbitrage email template & be extra creative! 

Here are ways how you can find landlords that allow Airbnb rental arbitrage:

  1. Real Estate Websites

Renters in the digital world who are looking for properties online can easily connect with landlords. Some of the most recommended online real estate websites which allow you to filter by city, state, or ZIP code are:

However, you can also find apartment & condominium properties online in the following websites:

  1. Search Engines & Marketplaces

There are numerous property owners who are leasing their properties and you can easily find them on Google & online marketplaces. Check out some of the most recommended marketplaces:

  1. Communicate with Landlords

If you are currently renting a space or know someone who is, then it’s also recommended to speak with them. Start by asking if there are vacant rooms or properties and let them know about your intentions of putting them up for rental arbitrage. They might also be able to recommend neighbors or local friends who are also interested in this idea!

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