Category: All About Airbnb

Airbnb Rental Arbitrage All About Airbnb

Airbtics Rental Arbitrage Calculator

Post author By Robyn Peña
Post date September 6, 2022

Is it legal to Start an Airbnb Rental Arbitrage?

To cut the story short, starting a rental arbitrage business is certainly legal! As long as you adhere to your preferred area’s short-term rental laws and regulations and come to an agreement with the property owner, there should be no problems when it comes to starting a rental arbitrage.

Can You Make Money with Rental Arbitrage?

If you are on a limited budget and currently cannot afford to purchase your own property, then rental arbitrage is the correct route for you! We’ve spoken to various Airbnb hosts doing rental arbitrage full-time and their mindset on profitability exceeds their expectations.

The short answer is: YES! Rental arbitrage is certainly profitable as long as you conduct market research, target the successful areas, and consider your overall startup cost.

Using an accurate & free Airbnb calculator, you will be able to foresee potential monthly profit and consider the expenses associated with your property investment. By simply inputting your starting costs such as furnishing, deposit, legal documentation, and other expenses, you will instantly get a precise number to meet your expectations for long-term profitability.

How to Start A Rental Arbitrage Business?

To begin with, you have to find a profitable area to do Airbnb. This means that you have to carefully choose a location where you can receive a high number of bookings – profitability! Here is a step-by-step guide to start your rental arbitragd business:

1. Choose A Great Location

There are different ways for hosts to find a location. This includes connecting with local property managers in their area, participating in Airbnb host communities on social media platforms, asking questions in the real estate forum, and manually researching individual listings on Airbnb for various locations.

2. Find A Unique Gap in Your Market

Once you have decided what particular type of property and the number of bedrooms you’d like to invest in, you also have to research for the gap in the market where there’s a low supply and high demand!

3. Review Laws & Regulations

Make sure to apply for any required permits for rental arbitrage in your target location. For a more detailed location-specific list of legal and regulatory issues to consider before hosting on Airbnb, visit Airbnb’s official page.

4. Request Landlords to Allow Rental Arbitrage

It could be a real challenge to convince landlords to allow rental arbitrage. Property owners may not know much about the process of Airbnb rental arbitrage, which is why they need convincing! Preparing to speak with landlords and agreeing to cover minor maintenance issues is the best way to assure that they will agree to allow rental arbitrage.

5. Furnish Your Property

Finally, once you have your landlord’s approval to do rental arbitrage, the decorating begins here! Since this step is where most of your expenses will go, it’s also ideal to plan ahead of time in order to budget your overall costs.

Startup Costs & Profitability with Rental Arbitrage

To create expectations for your revenue in doing rental arbitrage, here is a basic calculation that you can compute for.

Based on Airbtics’ data, you can earn a monthly revenue of £2,128 for a 3-bedroom apartment in Leeds City Centre. The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price, and monthly expense (£2,128 – £1,230 – £425 = £472).

Average Rent Price	Airbnb Monthly Revenue	Monthly Expenses	Monthly Profit
£1,230	£2,128	£425	£472

Source: Airbtics dashboard

By researching the average estimated startup cost (for furnishing) in your preferred area, you will also be able to compute the total startup cost.

Total Startup Cost (Average startup cost + 2 months rent price)	Cash Return Time
£4,460	2 months

For instance, if an average estimated startup cost is priced at £2,000, it is necessary to add the 2 months of average rent price (£2,460) to compute the total startup cost.

Now that we have a total startup cost of £4,460, cash return time can be calculated by dividing this by the monthly profit (£472). Given the monthly revenue of £472, it will take approximately 9 months time to get back the startup cost!

How much does it cost to start an Airbnb Arbitrage?

The costs may vary depending on your preferred area to start an Airbnb rental arbitrage business. For instance, the initial cost for Airbnb rental arbitrage in California ranges from $5,000 to $10,000. This cost includes the deposit, furnishing, amenities, legal paperwork, and LLC Incorporation.

Can you Make Money with Rental Arbitrage?

A simple way to calculate your Airbnb revenue is by multiplying the year-round occupancy rate and your average daily rate. If you charge $150/night and achieve a 70% occupancy rate, you will make around $150*0.70*365, which is $38,325 before expenses and taxes.

Airbtics is a short-term rental data platform providing historical, current, and forecasted rental data. We believe that making data-based decisions should be easy and accessible for you. Whether you’re an Airbnb host, property manager, property investor, estate agent, or anything in between, access valuable data most relevant to you and your business.

Learn how much profit you can make on your property NOW!

How to Convince Landlords to Allow Rental Arbitrage?

By following the best rental arbitrage email template, you can certainly boost your charm and convince them to allow rental arbitrage in their property. The majority of landlords are hesitant to allow renters because they worry about late payments & destruction of their property, so make sure to show them your reviews and gain their trust!

How to Find Properties for Rental Arbitrage?

You can find properties for rental arbitrage on property websites such as Apartments.com or Zillow, contact local realtors, and connect with real estate agents on social media!

If you want to discover emerging & profitable areas to start your rental arbitrage business, using a short-term rental analytics tool like Airbtics will be beneficial for you. Here are the important key points to remember:

Find a location that produces the highest profit & STR demand.
Look for a market that has at least above 50% occupancy rate annually.
Discover how many Airbnb listings your preferred market has, the international traveller ratio, historical trends, and so much more!

Tags Airbnb Rental Arbitrage

Airbnb Rules All About Airbnb

Airbnb Rules in Surfers Paradise

Post author By Robyn Peña
Post date September 5, 2022

If you are looking to buy investment properties in Australia, knowing the Airbnb rules in your preferred city is the first step. It’s also important to consider the occupancy rates in Australia in order to have successful investment & long-term profitability!

In this article, we featured Airbnb regulations in Surfers Paradise along with short-term let policies, rental properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Surfers Paradise.

Is Airbnb legal in Surfers Paradise?

Don’t worry, Airbnb is legal in Surfers Paradise! This city attracts numerous tourists from all over the world because of its golden sand that’s about 3 kilometers long and its picturesque view of the sea.

Here is a little proof! As of July 2022, there are 19,886 nights available in Surfers Paradise from Airbnb alone. Danny manages 105 listings, while Jason and Tim operate 74 and 56 respectively.

How much can I make by running an Airbnb in Surfers Paradise?

Currently, there are 905 Airbnb listings in Surfers Paradise, with 80% of entire houses earning up to A$4,375 a month. The Average Occupancy Rate in Surfers Paradise is 63% and the average daily rate is A$206. According to vacation rental properties market data source Airbtics, a 2-bedroom apartment in Surfers Paradise can make up to A$78,183 each year. Want to discover how much can you make on Airbnb? Then check out our Airbnb Calculator!

Short-term Rental Policy in Surfers Paradise

It is required to apply for a development approval if you’re not residing in the property and using your entire dwelling for short-term letting in the Gold Coast City Council.
To obtain a business licence and market a property as tourist accommodation, the property’s zoning must list tourist accommodation or temporary accommodation as a permitted use. Properties with residential zoning may not be marketed as available to tourists, for any length of time.
It is also necessary to give consideration to registered covenants that may affect a property. Development, rental pool and other covenants may place restrictions and obligations on property use.

Rental Demand in Surfers Paradise

There are many hosts who are doing rental arbitrage in Australia as it does not require you to own a property. Based on the rental demand data in Surfers Paradise, investments are rising due to the demand, and more home loans are being financed for investors.

Source: Surfers Paradise, Gold Coast Rental Data

Property Investment in Surfers Paradise

If you are looking to start an Airbnb business in Australia, particularly in Surfers Paradise, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate short-term rental calculator, it shouldn’t be a difficult task at all!

Rental Properties in Surfers Paradise

Once you have decided to buy a property, you have to consider the average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. It could be a challenge to find rented properties in Surfers Paradise, so here are some of the most recommended areas that you can look into & consider purchasing:

Area	Average House Price	Average Rent Price (pcm)	Average Airbnb Revenue
Chevron Island	A$495,000	A$1,800	A$6,631
Macintosh Island	A$995,000	A$2,900	A$5,258
Golden Coast Beach	A$790,000	A$2,680	A$4,261

Conclusion

In my personal opinion, the biggest advantage of running a short-term rental is high return! I’ve talked to hundreds of Airbnb hosts over the past years and frequently met hosts making 15-30% gross rental yields, and 10-20% net. It’s also fun to do!

Tags Airbnb Rules & Regulations, lat_-27.9989899, lng_153.42398

Airbnb Investment All About Airbnb

Best Places to Airbnb in South Carolina

Post author By Robyn Peña
Post date September 2, 2022

Before investing in a property in South Carolina, it’s important to analyze your options and gauge your profitability based on Airbnb’s key metrics. In this article, we’ll feature the top 10 best areas to Airbnb in South Carolina along with their respective occupancy rates, monthly & yearly revenue, average daily rates (ADRs), and so much more!

Airbnb’s Trending Cities

Based on a recently released article about Airbnb’s top cities this summer of 2022, guests have searched for domestic summer destinations in the USA with over 10,000 searches. This simply means that vacationers are super ready to spend money and have fun under the sun! The travel demand has continuously recovered in comparison to pre-pandemic data.

Is Airbnb Profitable in South Carolina?

Based on our recent article about Airbnb occupancy rates by city, particularly in Myrtle Beach, an average 1 BD / BA apartment has a steady 48% occupancy rate and can generate $2,751 monthly! Short-term rentals in South Carolina can definitely be a source of passive income because of the many tourists visiting annually for Middleton Place and other tourist destinations.

To cut the story short, Airbnb is definitely profitable in South Carolina! For instance, based on an Airbnb income calculator, you can earn a whopping $55,343 annually in Charleston alone! This area is attracting millions of visitors from around the globe for attractions such as Charleston Harbor, The Charleston Museum, South Carolina Aquarium, and many more.Not yet convinced? Feel free to listen to one of our interviewees from Into The Airbnb Podcast – an Airbnb cohost from South Carolina:

Rental Arbitrage in South Carolina

If you want to start an Airbnb investment in South Carolina but are financially limited to purchasing your own property, don’t worry. You can still earn a passive income in two words: Rental Arbitrage! This refers to the practice of renting out properties for the sole purpose of sub-letting them on platforms such as Airbnb or HomeAway.

It may be a challenge to find landlords for Airbnb rental arbitrage since there are certain restrictions in other areas and other landlords simply do not allow it due to insurance policies. In addition to this, you also have to consider major factors in starting a rental arbitrage business in your preferred city. This includes rules & regulations, where to find the most profitable area, & how to find rental arbitrage properties.

Given the fact that South Carolina is a practical investment destination for property investors, you can always have the option to do Rental Arbitrage and earn money while you’re saving up to own a property.

Top 10 Most Profitable Cities & Neighborhoods for Airbnb in South Carolina

South Carolina offers excellent investment opportunities for property investors, so we went ahead and did the heavy work for you! Oftentimes, the struggle is targetting an entire city but missing out on a particular neighborhood that has an even greater chance of profitability!

Using Airbtics’ market analysis, we were able to accurately get a grasp of Airbnb demand in South Carolina and filtered the top 10 most profitable cities:

1. Charleston

Occupancy Rate: 83%
Annual Revenue: $55,343
Average Daily Rate: $177

Based on Airbtics’ analytics tool, the best neighborhood in this area is Cannonborough Elliotborough, which has an average occupancy rate of 85%. An average Airbnb host can earn an average daily rate of $244 in this neighborhood!

2. Forest Acres

Occupancy Rate: 76%
Annual Revenue: $23,419
Average Daily Rate: $88

Based on Airbtics’ analytics tool, the best neighborhood in this area is Downtown, which has an average occupancy rate of 86%. An average Airbnb host can earn an average daily rate of $81 in this neighborhood!

3. Sumter

Occupancy Rate: 73%
Annual Revenue: $18,076
Average Daily Rate: $59

Based on Airbtics’ analytics tool, the best neighborhood in this area is Northwest Sumter, which has an average occupancy rate of 82%. An average Airbnb host can earn an average daily rate of $49 in this neighborhood!

4. Florence

Occupancy Rate: 70%
Annual Revenue: $21,556
Average Daily Rate: $71

Based on Airbtics’ analytics tool, the best area in this city is Gregg – King Ave, which has an average occupancy rate of 75%. An average Airbnb host can earn an average daily rate of $72 in this neighborhood!

5. Spartanburg

Occupancy Rate: 70%
Annual Revenue: $26,297
Average Daily Rate: $85

Based on Airbtics’ analytics tool, the best neighborhood in this area is Converse Heights, which has an average occupancy rate of 77%. An average Airbnb host can earn an average daily rate of $106 in this neighborhood!

6. Hilton Head Island

Occupancy Rate: 70%
Annual Revenue: $47,713
Average Daily Rate: $161

Based on Airbtics’ analytics tool, the best neighborhood in this area is South Beach, which has an average occupancy rate of 87%. An average Airbnb host can earn an average daily rate of $146 in this neighborhood!

7. Rockhill

Occupancy Rate: 77%
Annual Revenue: $19,809
Average Daily Rate: $76

Based on Airbtics’ analytics tool, the best neighborhood in this area is Downtown Rockhill, which has an average occupancy rate of 75%. An average Airbnb host can earn an average daily rate of $70 in this neighborhood!

8. Greenville

Occupancy Rate: 67%
Annual Revenue: $31,876
Average Daily Rate: $120

Based on Airbtics’ analytics tool, the best neighborhood in this area is Downtown Greenville, which has an average occupancy rate of 71%. An average Airbnb host can earn an average daily rate of $104 in this neighborhood!

9. Columbia

Occupancy Rate: 59%
Annual Revenue: $24,489
Average Daily Rate: $103

Based on Airbtics’ analytics tool, the best neighborhood in this area is Earlewood, which has an average occupancy rate of 71%. An average Airbnb host can earn an average daily rate of $109 in this neighborhood!

10. Myrtle Beach

Occupancy Rate: 46%
Annual Revenue: $25,769
Average Daily Rate: $125

Based on Airbtics’ analytics tool, the best neighborhood in this area is Downtown Myrtle Beach which has an average occupancy rate of 68%. An average Airbnb host can earn an average daily rate of $145 in this neighborhood!

General Overview

Now that you have a deeper understanding of which particular area to target in South Carolina and some of the major Airbnb metrics to consider, don’t miss out on greater opportunities! Since Airbnb is rapidly increasing and constantly changing for each city in the world, it is crucial to make decisions based on wild guesses. The data points mentioned in this article such as Airbnb occupancy rates per city, annual revenue, and average daily rates should be your basis for investing in properties in South Carolina – or other cities with high occupancy rates!

Hence, an accurate data analytics tool can help your business stand out among your surrounding competitors and benchmark your property by tracking the occupancy rates of competing listings in your preferred city. With the help of our all-in-one analytics service, you can vastly enhance your monthly revenue, create a comparison for each neighborhood, add the appropriate amenities and so many more exciting features. Try Airbtics today and think of long-term profitability!

Explore The Most Profitable Airbnb Locations in South Carolina

Tags Airbnb Investments, lat_32.7876012, lng_-79.9402728

Airbnb Investment All About Airbnb

Best Places to Airbnb in Arizona

Post author By Robyn Peña
Post date September 2, 2022

Before investing in a property in Arizona, it’s important to analyze your options and gauge your profitability based on Airbnb’s key metrics. In this article, we’ll feature the top 10 best areas to Airbnb in Arizona along with their respective occupancy rates, monthly & yearly revenue, average daily rates (ADRs), and so much more!

Airbnb’s Trending Cities

Is Airbnb Profitable in Arizona?

Based on our recent article about Airbnb occupancy rates by city, particularly in Phoenix, an average 1 BD / BA apartment has a steady 61% occupancy rate and can generate $5,379 monthly! Short-term rentals in Arizona can definitely be a source of passive income because of the many tourists visiting annually for Grand Canyon and other tourist destinations.

To cut the story short, Airbnb is definitely profitable in Arizona! For instance, based on an Airbnb income calculator, you can earn a whopping $85,788 annually in Scottsdale alone! This area is attracting millions of visitors from around the globe since it’s known for being the world’s finest golf destination, along with attractions such as Taliesin West, Pinnacle Peak Park, Old Town Scottsdale, and the like.

Not yet convinced? Feel free to listen to our complete walk-through on Into The Airbnb Podcast and learn how you can start your rental arbitrage journey in Arizona:

Rental Arbitrage in Arizona

If you want to start an Airbnb investment in Arizona but are financially limited to purchasing your own property, don’t worry. You can still earn a passive income in two words: Rental Arbitrage! This refers to the practice of renting out properties for the sole purpose of sub-letting them on platforms such as Airbnb or HomeAway.

Rental Arbitrage in Arizona is certainly legal and there are ways to predict your listing’s profitability. For instance, a short-term rental analytics tool can assure your nightly revenue of $106 for a 1-bedroom apartment in Tucson with a steady occupancy rate of 72%. These Airbnb key metrics should be strictly monitored as your business’ profitability depends on them!

Given the fact that Arizona is a practical investment destination for property investors, you can always have the option to do rental arbitrage and earn money while you’re saving up to own a property.

Top 10 Most Profitable Cities & Neighborhoods for Airbnb in Arizona

Arizona offers excellent investment opportunities for property investors, so we went ahead and did the heavy work for you! Oftentimes, the struggle is targetting an entire city but missing out on a particular neighborhood that has an even greater chance of profitability.

Using Airbtics’ market analysis, we were able to accurately get a grasp of Airbnb demand in Arizona and filtered the top 10 most profitable cities:

1. Sedona

Occupancy Rate: 82%
Annual Revenue: $51,810
Average Daily Rate: $168

Based on Airbtics’ analytics tool, the best neighborhood in this area is South West Sedona, which has an average occupancy rate of 88%. An average Airbnb host can earn the same daily rate of $168 in this neighborhood!

2. Flagstaff

Occupancy Rate: 67%
Annual Revenue: $34,149
Average Daily Rate: $118

Based on Airbtics’ analytics tool, the best neighborhood in this area is University Heights, which has an average occupancy rate of 84%. An average Airbnb host can earn an average daily rate of $104 in this neighborhood!

3. Chandler

Occupancy Rate: 66%
Annual Revenue: $52,977
Average Daily Rate: $149

Based on Airbtics’ analytics tool, the best neighborhood in this area is Downtown Chandler, which has an average occupancy rate of 74%. An average Airbnb host can earn an average daily rate of $162 in this neighborhood!

4. Tempe

Occupancy Rate: 73%
Annual Revenue: $28,320
Average Daily Rate: $102

Based on Airbtics’ analytics tool, the best neighborhood in this area is Downtown Tempe, which has an average occupancy rate of 75%. An average Airbnb host can earn an average daily rate of $126 in this neighborhood!

5. Gilbert

Occupancy Rate: 71%
Annual Revenue: $23,021
Average Daily Rate: $76

Based on Airbtics’ analytics tool, the best neighborhood in this area is The Islands, which has an average occupancy rate of 65%. An average Airbnb host can earn an average daily rate of $75 in this neighborhood!

6. Tucson

Occupancy Rate: 70%
Annual Revenue: $25,588
Average Daily Rate: $90

Based on Airbtics’ analytics tool, the best neighborhood in this area is Sam Hughes, which has an average occupancy rate of 72%. An average Airbnb host can earn an average daily rate of $113 in this neighborhood!

7. Scottsdale

Occupancy Rate: 69%
Annual Revenue: $41,329
Average Daily Rate: $137

Based on Airbtics’ analytics tool, the best neighborhood in this area is Chateau de Vie, which has an average occupancy rate of 76%. An average Airbnb host can earn an average daily rate of $90 in this neighborhood!

8. Phoenix

Occupancy Rate: 68%
Annual Revenue: $26,435
Average Daily Rate: $100

Based on Airbtics’ analytics tool, the best neighborhood in this area is Midtown, which has an average occupancy rate of 73%. An average Airbnb host can earn an average daily rate of $104 in this neighborhood!

9. Yuma

Occupancy Rate: 64%
Annual Revenue: $20,843
Average Daily Rate: $77

Based on Airbtics’ analytics tool, the best neighborhood in this area is Yuma Heights, which has an average occupancy rate of 69%. An average Airbnb host can earn an average daily rate of $86 in this neighborhood!

10. Glendale

Occupancy Rate: 53%
Annual Revenue: $$15,538
Average Daily Rate: $73

Based on Airbtics’ analytics tool, the best neighborhood in this area is Las Brisa Pointe, which has an average occupancy rate of 65%. An average Airbnb host can earn an average daily rate of $45 in this neighborhood!

General Overview

Now that you have a deeper understanding of which particular area to target in Arizona and some of the major Airbnb metrics to consider, don’t miss out on greater opportunities!

Since Airbnb is rapidly increasing and constantly changing for each city in the world, it is crucial to make decisions based on wild guesses. The data points mentioned in this article such as Airbnb occupancy rates per city, annual revenue, and average daily rates should be your basis for investing in properties in Arizona – or other cities with high occupancy rates!

Explore The Most Profitable Airbnb Locations in Arizona

Tags Airbnb Investments, lat_34.8629426, lng_-111.8137097

Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Hamilton

Post author By Robyn Peña
Post date August 31, 2022

Are you interested in achieving financial independence through passive income? Here’s a disclaimer: 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 Hamilton, 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 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 Hamilton, Adam and Mary manages 16 listings and I’m pretty sure that they don’t own all the properties. They made C$205,741 in the last 12 months.

How much can I make with rental arbitrage in Hamilton?

Before you dive in and start putting out your hard-earned money on a property, it’s important to know how much profit you can make. For instance, the best neighborhood to invest in is Strathcona, located in the V9H district, with serene access to the harbourfront.

Because Hamilton is home to the historic bruce trail and botanical gardens among the other tourist destinations, the rental demand in this area continuously increases!

Profit & Monthly Expense in Hamilton

Based on Airbtics’ data, you can earn a whopping C$6,622 per month for a 3-bedroom apartment in Strathcona alone. With the data provided, you can certainly tell that investing in a property in Hamilton is profitable!

Average Rent Price	Airbnb Monthly Revenue	Monthly Expense	Monthly Profit
C$2,600	C$6,622	C$1,324	C$2,698

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price and the monthly expenses (C$6,622-C$2,600-C$1,324= C$2,698).

Startup Cost in Hamilton

Now that you have an overview of how much your monthly expense and revenue is, let’s talk about the start-up cost! How long does it take for an investor like you 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
C$7,200	3 months

The average estimated startup cost (for furnishing) in Hamilton is around C$2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (C$5,200). Now that we have a total startup cost of C$7,200, cash return time can be calculated by dividing this by the monthly profit (C$2,698).

Given your monthly revenue of C$2,698, it will take approximately 3 months time to get back the startup cost! 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 Hamilton!

Best Areas for Rental Arbitrage in Hamilton

Before investing in a particular area in Hamilton, 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 boroughs in Hamilton ranked by their annual revenue, along with their occupancy & daily rates!

1. Strathcona (V8E)

Strathcona has a community full of affordable properties & it is one of the increasingly popular house markets in Hamilton. Here’s what you can expect in this neighborhood:

Type of Bedrooms	Average Rent Price (pcm)	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
1-bedroom	C$1,695	C$2,359	78%	C$111
2-bedrooms	C$1,900	C$3,019	69%	C$98
3-bedrooms	C$2,600	C$6,622	85%	C$246

According to our Airbtics Dashboard, there are more than 15 Airbnb listings with 7 private room properties and 7 one-bedroom properties in this area. The monthly revenue for most properties in Strathcona is more than C$2,372 per month with occupancy being more than 74%.

2. Crown Point West (L8L)

This lively neighborhood among Hamilton has the most selling properties! This is remarkably known for having a relaxed ambiance with green spaces nearby. Here’s what you can expect in this neighborhood:

Type of Bedrooms	Average Rent Price (pcm)	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
Studio	C$1,325	C$2,505	98%	C$96
1-bedroom	C$1,599	C$2,235	83%	C$113
2-bedrooms	C$1,795	C$2,665	76%	C$138

This area has a total of 15 Airbnb listings with 3 private room properties and 5 one-bedroom properties. The monthly revenue for most properties in Crown Point West is more than C$3,022 per month with occupancy being more than 71%.

3. Durand (L8P)

Considered one of the oldest neighborhoods in Hamilton, Durand has the finest residential architecture which most tourists enjoy. Here’s what you can expect in this neighborhood:

Type of Bedrooms	Average Rent Price (pcm)	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
1-bedroom	C$1,400	C$2,227	76%	C$132
2-bedrooms	C$1,680	C$2,533	90%	C$133
3-bedrooms	C$1,800	C$4,444	87%	C$325

This area has a total of 43 Airbnb listings with 13 private room properties and 20 one-bedroom properties. The monthly revenue for most properties in Durand is more than C$2,404 per month with occupancy being more than 64%.

Short-term rental regulations in Hamilton

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

It is required for a property owner intending to rent out a space for less than 28 days to get a city licence.
A licence is required for rental housing units and buildings or part of buildings with 4 or less self-contained units, detached homes or townhouses, if rented. The program would require property owners of rental housing to apply for a licence for each rented unit.
A Licensing Compliance Officer will schedule an appointment with the property owner to gain entry to the building for a Property Standards inspection of each unit. Once all inspections are complete, the property is in compliance with municipal by-laws and relevant legislation and the application has been submitted in full a rental housing licence may be issued.

Rental Properties in Hamilton

Hamilton offers a sweet reward of both natural & city vibes to locals, vacationers, and renters. With an average of 6 million visitors annually, Hamilton is certainly one of the perfect spots for those who are looking to invest in rental properties.

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

1. Rentals CA

2. Realtor CA

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:

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:

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:

Craigslist allows renters to specifically state what kind of property they are looking for. You can try typing in ‘landlords allowing Airbnb’ or ‘sublease property in (city name)’ and try other keywords to get you on the right track.
Facebook marketplace has a vast community of landlords & renters, so you can try joining the right groups to lead you on the right path. Here are some of the finest Facebook groups that you can join:

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!

Tags Airbnb Rental Arbitrage, lat_43.2560802, lng_-79.8728583

Airbnb Rules All About Airbnb

Airbnb Rules in Hamilton

Post author By Robyn Peña
Post date August 31, 2022

If you are looking to buy investment properties in Canada, knowing the Airbnb rules in your preferred city is the first step. It’s also important to consider other key factors like the occupancy rates in Canada as well as researching the high rental income areas in order to have successful investment & long-term profitability!

In this article, we featured Airbnb regulations in Hamilton along with short-term let policies, rental properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Hamilton.

Is Airbnb legal in Hamilton?

Don’t worry, Airbnb is legal in Hamilton! With this city’s unique art scene and incredible nature trails, Hamilton is an instant magnet to tourists from all over the world.

Here is a little proof! As of July 2022, there are 10,584 nights available in Hamilton from Airbnb alone. Simply Comfort manages 55 listings, while Adam And Mary and Lori operates 16 and 9 respectively.

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

Currently, there are 620 Airbnb listings in Hamilton, with 63% of entire houses earning up to C$2,507 a month. The Average Occupancy Rate in Hamilton is 67% and the average daily rate is C$94. According to vacation holiday rental data source Airbtics, a 2-bedroom apartment in Hamilton can make up to C$31,799 each year. Check out our Airbnb Calculator to know how much profit you can make!

Short-term Rental Policy in Hamilton

It is required for a property owner intending to rent out a space for less than 28 days to get a city licence.
A licence is required for rental housing units and buildings or part of buildings with 4 or less self-contained units, detached homes or townhouses, if rented. The program would require property owners of rental housing to apply for a licence for each rented unit.
A Licensing Compliance Officer will schedule an appointment with the property owner to gain entry to the building for a Property Standards inspection of each unit. Once all inspections are complete, the property is in compliance with municipal by-laws and relevant legislation and the application has been submitted in full a rental housing licence may be issued.

Rental Demand in Hamilton

There are many hosts who are doing rental arbitrage in Canada as it does not require you to own a property. Based on a recent rental housing inventory in Hamilton, 46% of the renters are living in unaffordable housing. However, despite this fact, the rental demand in Hamilton is still increasing!

Source: Hamilton Rental Demand

Property Investment in Hamilton

If you are looking to start an Airbnb business in Canada, particularly in Hamilton, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate short-term rental calculator, it shouldn’t be a difficult task at all!

Rental Properties in Hamilton

Once you have decided to buy a property, you have to consider the average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. It could be a challenge to find rented properties in Hamilton, so here are some of the most recommended areas that you can look into & consider purchasing:

Area	Average House Price	Average Rent Price (pcm)	Average Airbnb Revenue
Strathcona	C$706,684	C$1,900	C$3,019
Crown Point West	C$699,000	C$1,795	C$2,665
Durand	C$744,187	C$1,680	C$2,533

Conclusion

Tags Airbnb Rules & Regulations, lat_43.2560802, lng_-79.8728583

Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Winnipeg

Post author By Robyn Peña
Post date August 31, 2022

Are you interested in achieving financial independence through passive income? Here’s a disclaimer: 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 Winnipeg, 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?

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 Winnipeg, Alberto manages 27 listings and I’m pretty sure he doesn’t own all the properties. He made C$376,856 in the last 12 months.

How much can I make with rental arbitrage in Winnipeg?

Since this neighborhood is close to the top attractions in Winnipeg, it has had an exceptional rental demand over the years!

Profit & Monthly Expense in Winnipeg

Based on Airbtics’ data, you can earn a whopping C$2,659 per month for a 2-bedroom apartment in the Downtown area alone. With the data provided, you can certainly tell that investing in a property in Winnipeg is profitable!

Average Rent Price	Airbnb Monthly Revenue	Monthly Expense	Monthly Profit
C$1,412	C$2,659	C$532	C$715

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price and the monthly expenses (C$2,659-C$1,412-C$532= C$715).

Startup Cost in Winnipeg

Total Startup Cost (Average startup cost + 2 months rent price)	Cash Return Time
C$4,824	7 months

The average estimated startup cost (for furnishing) in Winnipeg is around C$2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (C$2,824). Now that we have a total startup cost of C$4,824, cash return time can be calculated by dividing this by the monthly profit (C$715).

Given your monthly revenue of C$715, it will take approximately 7 months time to get back the startup cost! 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 Winnipeg!

Best Areas for Rental Arbitrage in Winnipeg

Before investing in a particular area in Winnipeg, 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 boroughs in Winnipeg ranked by their annual revenue, along with their occupancy & daily rates!

1. Downtown

Downtown is the oldest urban area in Winnipeg, but it offers so much more than one may expect! From nightclubs to museums, hockey games, local artisan handicrafts, this is cretainly a perfect area for property investors. Here’s what you can expect in this neighborhood:

Type of Bedrooms	Average Rent Price (pcm)	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
1-bedroom	C$1,095	C$1,985	80%	C$116
2-bedrooms	C$1,412	C$2,659	80%	C$149
3-bedrooms	C$1,649	C$7,259	51%	C$1,013

According to our Airbtics Dashboard, there are more than 164 Airbnb listings with 7 private rooms and 77 one-bedroom properties in this area. The monthly revenue for most properties in the Downtown area is more than C$3,319 per month with occupancy being more than 67%.

2. River – Osborne

Recognized as one of the most famous landmarks in the city, The Osborne-River Building is located in this area. This is also situated right next to Downtown so everything is accessible! Here’s what you can expect in this neighborhood:

Type of Bedrooms	Average Rent Price (pcm)	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
1-bedroom	C$1,045	C$1,902	82%	C$107
2-bedrooms	C$1,490	C$2,263	84%	C$137
3-bedrooms	C$1,600	C$2,100	69%	C$162

This area has a total of 52 Airbnb listings with 23 condo properties and 23 one-bedroom properties. The monthly revenue for most properties in River – Osborne is more than C$2,790 per month with occupancy being more than 67%.

3. Wolseley

Known as the home of Winnipeg jets, Wolseley is an incredibly diverse neighbourhood with various professionals and families. Here’s what you can expect in this neighborhood:

Type of Bedrooms	Average Rent Price (pcm)	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
1-bedroom	C$875	C$1,985	83%	C$101
2-bedrooms	C$1,120	C$2,436	61%	C$145
3-bedrooms	C$1,550	C$2,038	84%	C$157

This area has a total of 32 Airbnb listings with 4 condo properties and 6 two-bedroom properties in this area. The monthly revenue for most properties in Wolseley is more than C$2,924 per month with occupancy being more than 67%.

LOOKING FOR OTHER RECOMMENDED CITIES TO INVEST IN AIRBNB IN CANADA?

Make sure to also check the Airbnb revenue in Canada‘s top cities.

Short-term rental regulations in Winnipeg

To begin with, it’s certainly important to be familiar with the Airbnb rules in Winnipeg to make sure that your business will run smoothly. Currently, there are no regulations on short-term rentals in Winnipeg, but here are some of the recent updates to take note of:

City development officials in Winnipeg are planning to spend the next six months working on regulations for short-term rentals that could require owners to register with the city and submit to criminal background checks.
The city may also limit the number of short-term rentals in a specific block or individual condominium unit, restrict the rentals to primary residences and make them subject to the same 5% municipal accommodation tax hotels are required to pay.

Rental Properties in Winnipeg

Winnipeg is home to world-class museums & galleries and is known to have a very active cultural life! To run an Airbnb rental arbitrage in Canada, you can look at property websites and get a grasp of the ranging prices in Winnipeg:

1. Rent Canada

2. Kijiji

How to Find Landlords for Airbnb Rental Arbitrage

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

Real Estate Websites

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

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:

Craigslist allows renters to specifically state what kind of property they are looking for. You can try typing in ‘landlords allowing Airbnb’ or ‘sublease property in (city name)’ and try other keywords to get you on the right track.
Facebook marketplace has a vast community of landlords & renters, so you can try joining the right groups to lead you on the right path. Here are some of the finest Facebook groups that you can join:

Communicate with Landlords

Tags Airbnb Rental Arbitrage, lat_49.8955367, lng_-97.1384584

Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Kelowna

Post author By Robyn Peña
Post date August 31, 2022

Are you interested in achieving financial independence through passive income? Here’s a disclaimer: You don’t need to own a property to start the Airbnb rental arbitrage business in Canada! In fact, one of the key metrics that investors should consider is the listing’s location. Thus, analyzing the cities with the highest Airbnb demand is a must.

In this article, we featured the entire process of Airbnb rental arbitrage in Kelowna, 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?

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 Kelowna, Cole manages 21 listings and I’m pretty sure that he doesn’t own all the properties. He made C$841,348 in the last 12 months.

How much can I make with rental arbitrage in Kelowna?

Before you dive in and start putting out your hard-earned money on a property, it’s important to know how much profit you can make. For instance, the best neighborhood to invest in is North End, located in the V1V district, where there’s a sweet combination of both residential & commercial industries!

Kelowna is generally a year-round vacation spot because of its ski hills, serene beaches, exquisite gastronomy, and world-class vineyards. In line with this, the rental demand in this area continuously increases!

Profit & Monthly Expense in Kelowna

Based on Airbtics’ data, you can earn a whopping C$6,514 per month for a 3-bedroom apartment in North End alone. With the data provided, you can certainly tell that investing in a property in Kelowna is profitable!

Average Rent Price	Airbnb Monthly Revenue	Monthly Expense	Monthly Profit
C$3,500	C$6,514	C$1,303	C$1,711

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price and the monthly expenses (C$6,514-C$3,500-C$1,303= C$1,711).

Startup Cost in Kelowna

Total Startup Cost (Average startup cost + 2 months rent price)	Cash Return Time
C$9,000	5.2 months

The average estimated startup cost (for furnishing) in Kelowna is around C$2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (C$7,000). Now that we have a total startup cost of C$9,000, cash return time can be calculated by dividing this by the monthly profit (C$1,711).

Given your monthly revenue of C$1,711, it will take approximately 5.2 months time to get back the startup cost! 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 Kelowna!

Best Areas for Rental Arbitrage in Kelowna

Before investing in a particular area in Kelowna, 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 boroughs in Kelowna ranked by their annual revenue, along with their occupancy & daily rates!

1. North End (V8E)

North End is one of the most dynamic and diverse neighborhoods in Kelowna and they have long-established industrial businesses! Here’s what you can expect in this neighborhood:

Type of Bedrooms	Average Rent Price (pcm)	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
1-bedroom	C$1,850	C$3,568	82%	C$230
2-bedrooms	C$2,400	C$4,348	84%	C$338
3-bedrooms	C$3,500	C$6,514	86%	C$580

According to our Airbtics Dashboard, there are more than 126 Airbnb listings with 68 condo properties and 37 one-bedroom properties in this area. The monthly revenue for most properties in North End is more than C$4,605 per month with occupancy being more than 69%.

2. Lower Mission (V1W)

This neighborhood is one of the favourites in Kelowna as it offers recreation & sports facilities such as an ice rink and indoor soccer fields! Here’s what you can expect in this neighborhood:

Type of Bedrooms	Average Rent Price (pcm)	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
1-bedroom	C$1,045	C$2,588	89%	C$177
2-bedrooms	C$2,425	C$4,267	90%	C$283
3-bedrooms	C$3,000	C$5,321	93%	C$399

This area has a total of 83 Airbnb listings with 7 private room properties and 17 one-bedroom properties. The monthly revenue for most properties in Lower Mission is more than C$3,741 per month with occupancy being more than 63%.

3. Downtown Kelowna (V1Y)

Considered the most diverse cultural district, Downtown Kelowna offers international restaurants, galleries, theatres, and various local shops. Here’s what you can expect in this neighborhood:

Type of Bedrooms	Average Rent Price (pcm)	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
Studio	C$1,215	C$3,337	66%	C$163
1-bedroom	C$2,300	C$4,060	86%	C$285
2-bedrooms	C$2,550	C$5,626	71%	C$382

This area has a total of 38 Airbnb listings with 23 condo properties and 15 one-bedroom properties. The monthly revenue for most properties in Downtown is more than C$4,263 per month with occupancy being more than 59%.

Short-term rental regulations in Kelowna

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

Anyone operating a short-term rental in Kelowna must apply for a business licence. A homeowner or primary resident can legally rent their principal residence (or a bedroom within their residence) for periods of less than 30 days in certain zones in the city.
Annual business licences for short-term rentals cost $345 for principal residences and $750 for non-principal residences. These fees reflect the cost of implementation and compliance oversight activities. Short-term rental operators are required to renew their licence annually and ensure all documentation is accurate and up-to-date for the new year.
The City actively inspects short-term rentals. Operators must provide access to their short-term rental accommodation for the City to inspect, upon request.
Short-term rentals are NOT allowed in secondary suites or carriage houses.
Your short-term rental application is required to include a parking plan that outlines and labels each parking stall to show that there is enough room to support a short-term rental, as well as any other uses, within your property lines.

Rental Properties in Kelowna

Kelowna’s tourism economy is one of the top five industries in the region with almost 1.8 million travellers visiting annually! The city of Kelowna is planning to build more rental units to meet the high demand as there is a shortage of units available.

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

1. Rent Faster

2. Rent Board

How to Find Landlords for Airbnb Rental Arbitrage

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

Real Estate Websites

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

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:

Craigslist allows renters to specifically state what kind of property they are looking for. You can try typing in ‘landlords allowing Airbnb’ or ‘sublease property in (city name)’ and try other keywords to get you on the right track.
Facebook marketplace has a vast community of landlords & renters, so you can try joining the right groups to lead you on the right path. Here are some of the finest Facebook groups that you can join:

Communicate with Landlords

Tags Airbnb Rental Arbitrage, lat_49.8879177, lng_-119.495902

Airbnb Rules All About Airbnb

Airbnb Rules in Winnipeg

Post author By Robyn Peña
Post date August 31, 2022

If you are looking to buy investment properties in Canada, knowing the Airbnb rules in your preferred city is the first step. It’s also important to consider the occupancy rates in Canada in order to have successful investment & long-term profitability! In this article, we featured Airbnb regulations in Winnipeg along with short-term let policies, rental properties, things to consider in property investment, and more. Continue reading and learn more about the Airbnb rules in Winnipeg.

Is Airbnb legal in Winnipeg?

Don’t worry, Airbnb is legal in Winnipeg! This city has over 600 murals and is home to many beautiful world-class museums and festivals. This attracts millions of tourists visiting Winnipeg annually which affects the city’s rental growth & demand!

Here is a little proof! As of June 2022, there are 10,365 nights available in Winnipeg from Airbnb alone. Nest Host manages 61 listings, while Alberto and Roam Rentals operates 27 and 23 respectively.

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

Currently, there are 797 Airbnb listings in Winnipeg, with 42% of entire houses earning up to C$1,369 a month. The Average Occupancy Rate in Winnipeg is 53% and the average daily rate is C$64. According to short-term rental data source Airbtics, a 2-bedroom apartment in Winnipeg can make up to C$26,930 each year. Check out our Short-Term Rental Income Calculator!

Short-term Rental Policy in Winnipeg

Currently, there are no regulations on short-term rentals in Winnipeg, but here are some of the recent updates to take note of:

City development officials in Winnipeg are planning to spend the next six months working on regulations for short-term rentals that could require owners to register with the city and submit to criminal background checks.
The city may also limit the number of short-term rentals in a specific block or individual condominium unit, restrict the rentals to primary residences and make them subject to the same 5% municipal accommodation tax hotels are required to pay.

Rental Demand in Winnipeg

There are many hosts who are doing rental arbitrage in Canada as it does not require you to own a property. Based on a recent Winnipeg rent report, there is an adequate supply of affordable rentals which is a struggle for lower-income households.

Source: Winnipeg Rental Demand

Property Investment in Winnipeg

If you are looking to start an Airbnb business in Canada, particularly in Winnipeg, you have to consider which areas are the most profitable. Whether it is located in the city centre or in the countryside, knowing your estimated annual revenue and high-return investment opportunities is important. Using an accurate short-term rental calculator, it shouldn’t be a difficult task at all!

Rental Properties in Winnipeg

Once you have decided to buy a property, you have to consider the average price, population, nearby landmarks or attractions, and rental yields to expect – among the rest. It could be a challenge to find rented properties in Winnipeg, so here are some of the most recommended areas that you can look into & consider purchasing:

Area	Average House Price	Average Rent Price (pcm)	Average Airbnb Revenue
Downtown	C$401,047	C$1.412	C$2.659
River - Osborne	C$309,900	C$1,490	C$2,263
Wolseley	C$337,590	C$1,120	C$2,436

Conclusion

Tags Airbnb Rules & Regulations, lat_49.8955367, lng_-97.1384584

Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Whistler

Post author By Robyn Peña
Post date August 31, 2022

Are you interested in achieving financial independence through passive income? Here’s a disclaimer: 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 Whistler, 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?

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 Whistler, Bob manages 51 listings and I’m pretty sure that he doesn’t own all the properties. He made C$3,508,634 in the last 12 months.

How much can I make with rental arbitrage in Whislter?

Before you dive in and start putting out your hard-earned money on a property, it’s important to know how much profit you can make. For instance, the best neighborhood to invest in is Nesters, located in the V8E district, where the majority of schools, shopping, and recreational buildings are situated!

In general, Whistler is one of the best places to put up an Airbnb business because of its authentic alpine village & overwhelming tourists! This neighborhood is mostly preferred by vacationers because they have the option to ski, ziplining, and so many fun outdoor activities. In line with this, the rental demand in this area continuously increases!

Profit & Monthly Expense in Whistler

Based on Airbtics’ data, you can earn a whopping C$13,188 per month for a 3-bedroom apartment in Nesters alone. With the data provided, you can certainly tell that investing in a property in Whistler is profitable!

Average Rent Price	Airbnb Monthly Revenue	Monthly Expense	Monthly Profit
C$3,644	C$13,188	C$2,638	C$6,906

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price and the monthly expenses (C$13,188-C$3,644-C$2,638= C$6,906).

Startup Cost in Whistler

Total Startup Cost (Average startup cost + 2 months rent price)	Cash Return Time
C$9,288	1.3 months

The average estimated startup cost (for furnishing) in Whistler is around C$2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (C$7,288). Now that we have a total startup cost of C$9,288, cash return time can be calculated by dividing this by the monthly profit (C$6,906).

Given your monthly revenue of C$6,906, it will take approximately 1.3 months time to get back the startup cost! 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 Whistler!

Best Areas for Rental Arbitrage in Whistler

Before investing in a particular area in Whistler, 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 boroughs in Whistler ranked by their annual revenue, along with their occupancy & daily rates!

1. Whistler Creek (V8E)

This neighborhood is a laid-back and is best for targeting travelers with families who would like to be near the most famous ski resort in Whistler. Here’s what you can expect in this neighborhood:

Type of Bedrooms	Average Rent Price (pcm)	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
1-bedroom	C$2,200	C$4,364	78%	C$252
2-bedrooms	C$2,499	C$6,688	79%	C$389
3-bedrooms	C$3,979	C$10,696	62%	C$709

According to our Airbtics Dashboard, there are more than 214 Airbnb listings with 128 condo properties and 132 one-bedroom properties in this area. The monthly revenue for most properties in Whistler Creek is more than C$4,164 per month with occupancy being more than 61%.

2. Blackcomb (V8E)

Blackcomb is the largest ski resort in North America and this neighborhood is noted as one of the must-see areas in Whistler! Here’s what you can expect in this neighborhood:

Type of Bedrooms	Average Rent Price (pcm)	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
1-bedroom	C$1,516	C$5,332	74%	C$278
2-bedrooms	C$1,800	C$8,347	72%	C$453
3-bedrooms	C$2,675	C$10,764	66%	C$665

This area has a total of 321 Airbnb listings with 15 private room properties and 192 one-bedroom properties. The monthly revenue for most properties in Blackcomb is more than C$5,136 per month with occupancy being more than 55%.

3. Nesters (V8E)

Considered as one of the smallest neighborhoods in Whistler, Nesters is also one of the recommended areas for investment because of its close proximity to the shopping districts. Here’s what you can expect in this neighborhood:

Type of Bedrooms	Average Rent Price (pcm)	Average Airbnb Revenue	Occupancy Rates	Average Daily Rate
1-bedroom	C$2,040	C$6,089	85%	C$261
2-bedrooms	C$3,009	C$9,884	76%	C$443
3-bedrooms	C$3,644	C$13,188	85%	C$803

This area has a total of 57 Airbnb listings with 1 private room property and 38 one-bedroom properties. The monthly revenue for most properties in Nesters is more than C$5,512 per month with occupancy being more than 66%.

Short-term rental regulations in Whistler

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

It is required to have business licences for all tourist accommodation activity, including the marketing of properties/units. If your unit is rented solely through a property management company, you are covered by their business licence.
To obtain a business licence and market a property as tourist accommodation, the property’s zoning must list tourist accommodation or temporary accommodation as a permitted use. Properties with residential zoning may not be marketed as available to tourists, for any length of time.
It is also necessary to give consideration to registered covenants that may affect a property. Development, rental pool and other covenants may place restrictions and obligations on property use.
In Whistler, “residential” zoning means a fixed place of living, to which a person intends to return when absent. Therefore, regardless of the length of stay, tourist accommodation is not permitted in any residential-zoned area. To advertise and rent your property to tourists, your property’s zoning must state that tourist accommodation or temporary accommodation is a permitted use.

Rental Properties in Whistler

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

1. Rew

2. Royal LePage

How to Find Landlords for Airbnb Rental Arbitrage

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

Real Estate Websites

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

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:

Craigslist allows renters to specifically state what kind of property they are looking for. You can try typing in ‘landlords allowing Airbnb’ or ‘sublease property in (city name)’ and try other keywords to get you on the right track.
Facebook marketplace has a vast community of landlords & renters, so you can try joining the right groups to lead you on the right path. Here are some of the finest Facebook groups that you can join:

Communicate with Landlords

Tags Airbnb Rental Arbitrage, lat_50.1171903, lng_-122.9543022

🎉 FREE WEBINAR - July 24th, 11am / 8pm CET - Learn Airbtics in 7 Minutes - Revenue and Market Analysis Tips and Best Practices!

Is it legal to Start an Airbnb Rental Arbitrage?

Can You Make Money with Rental Arbitrage?

How to Start A Rental Arbitrage Business?

Startup Costs & Profitability with Rental Arbitrage

How much does it cost to start an Airbnb Arbitrage?

Can you Make Money with Rental Arbitrage?

How to Convince Landlords to Allow Rental Arbitrage?

Is Airbnb legal in Surfers Paradise?

How much can I make by running an Airbnb in Surfers Paradise?

Short-term Rental Policy in Surfers Paradise

Rental Demand in Surfers Paradise

Property Investment in Surfers Paradise

Rental Properties in Surfers Paradise

Conclusion

Airbnb’s Trending Cities

Is Airbnb Profitable in South Carolina?

Rental Arbitrage in South Carolina

Top 10 Most Profitable Cities & Neighborhoods for Airbnb in South Carolina

1. Charleston

2. Forest Acres

3. Sumter

4. Florence

5. Spartanburg

6. Hilton Head Island

7. Rockhill

8. Greenville

9. Columbia

10. Myrtle Beach

General Overview

Explore The Most Profitable Airbnb Locations in South Carolina

Airbnb’s Trending Cities

Is Airbnb Profitable in Arizona?

Rental Arbitrage in Arizona

Top 10 Most Profitable Cities & Neighborhoods for Airbnb in Arizona

1. Sedona

2. Flagstaff

3. Chandler

4. Tempe

5. Gilbert

6. Tucson

7. Scottsdale

8. Phoenix

9. Yuma

10. Glendale

General Overview

Explore The Most Profitable Airbnb Locations in Arizona

What is Rental Arbitrage?

How much can I make with rental arbitrage in Hamilton?

Profit & Monthly Expense in Hamilton

Startup Cost in Hamilton

Best Areas for Rental Arbitrage in Hamilton

1. Strathcona (V8E)

2. Crown Point West (L8L)

3. Durand (L8P)

Short-term rental regulations in Hamilton

Rental Properties in Hamilton

1. Rentals CA

2. Realtor CA

How to Find Landlords for Airbnb Rental Arbitrage

Search Engines & Marketplaces

Communicate with Landlords

Is Airbnb legal in Hamilton?

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

Short-term Rental Policy in Hamilton

Rental Demand in Hamilton

Property Investment in Hamilton

Rental Properties in Hamilton

Conclusion

What is Rental Arbitrage?

How much can I make with rental arbitrage in Winnipeg?

Profit & Monthly Expense in Winnipeg

Startup Cost in Winnipeg

Best Areas for Rental Arbitrage in Winnipeg

1. Downtown

2. River – Osborne

3. Wolseley

Short-term rental regulations in Winnipeg

Rental Properties in Winnipeg

1. Rent Canada