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Airbnb Rules All About Airbnb

Airbnb Rules in Ottawa

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 other metrics such as the occupancy rates in Canada as well as the top cities for Airbnb rentals in order to have successful investment & long-term profitability! In this article, we featured Airbnb regulations in Ottawa 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 Ottawa.

Is Airbnb legal in Ottawa? 

Don’t worry, Airbnb is legal in Ottawa! Ottawa is consistently ranked as the best place to live in Canada & is considered one of the best 100 cities in the world because of its diversity & strong economy.

Here is a little proof! As of June 2022, there are 21,289 nights available in Ottawa from Airbnb alone. Short And Suite manages 51 listings, while Corporate Stays and Lisa operates 35 and 25 respectively. 

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

Currently, there are 1,627 Airbnb listings in Ottawa, with 58% of entire houses earning up to C$1,578 a month. The Average Occupancy Rate in Ottawa is 59% and the average daily rate is C$82. According to vacation rental market data source Airbtics, a 2-bedroom apartment in Ottawa can make up to C$34,252 each year. Check out our Airbnb Income Calculator

Ottawa airbnb rules
Short-term Rental Policy in Ottawa
  • Homeowners can offer short-term rentals in their own home (principal residence).
  • Renters can offer short-term rentals in the rental unit that is their principal residence unless prohibited by their landlord
  • Condominium and housing co-operative unit owners can offer short-term rentals in their principal residence unless prohibited by their condominium corporation or housing co-operative.
  • Rural homeowners and cottage owners can offer “cottage rentals” with a separate permit. This must be separate from any permit for their primary residence.
  • Short-term rental hosts are only able to list (market or book) a short-term rental through short-term rental platforms registered with the City.
  •  Must include the City-issued host permit number and the maximum number of overnight guests, as noted on the host permit, on all listings.
how much can you make on airbnb

Rental Demand in Ottawa

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 Ottawa rent report, demand increased sufficiently and the vacancy rate remained stable at 3.4%.

Source: Ottawa Rental Demand

Property Investment in Ottawa

If you are looking to start an Airbnb business in Canada, particularly in Ottawa, 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 Ottawa

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 rental properties in Ottawa, 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
Vanier C$700,000 C$1,040 C$1,579
Byward Market C$645,650 C$1,675 C$2,283
Lower Town C$724,900 C$1,800 C$2,800

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! 

Airbtics
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Airbnb Rental Arbitrage All About Airbnb

Airbnb Rental Arbitrage in Montreal

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 Montreal, 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 Montreal, Samuel manages 73 listings and I’m pretty sure he doesn’t own all the properties. He made C$1,388,440 in the last 12 months.  

Montreal airbnb rental arbitrage Montreal airbnb rental arbitrage

How much can I make with rental arbitrage in Montreal?

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 Rosemont-Petite Patrie, located in the H2G district with plenty of entertainment & business establishments. 

Since this neighborhood is situated in the centre-east of the city and it’s considered of of the most attractive neighborhoods here, it’s mostly preferred by young professionals and small families & has incredible rental demand!

Montreal airbnb rental arbitrage
Profit & Monthly Expense in Montreal

Based on Airbtics’ data, you can earn a whopping C$3,741 per month for a 3-bedroom apartment in Rosemont-Petite Patrie alone. With the data provided, you can certainly tell that investing in a property in Montreal is profitable!

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
C$1,564 C$3,741 C$748 C$1,429

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price and the monthly expenses (C$3,741-C$1,564-C$748 = C$1,429).

 Startup Cost in Montreal

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$5,128 4 months

The average estimated startup cost (for furnishing) in Montreal is around C$2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (C$3,128). Now that we have a total startup cost of C$5,128, cash return time can be calculated by dividing this by the monthly profit (C$1,429). 

Given your monthly revenue of C$1,429, it will take approximately 4 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 Montreal!

Best Areas for Rental Arbitrage in Montreal

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

1. Rosemont-Petite Patrie (H2G)

Rosemont-Petite Patrie is becoming an alternative to investors because of its underpriced amenities. The majority of small families and young professionals generally prefer this borough because of its quiet and peaceful environment. 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$1,032 C$2,068 91% C$114
2-bedrooms C$1,292 C$2,921 94% C$176
3-bedrooms C$1,564 C$3,741 89% C$298

This area has a total of 343 Airbnb listings with 250 entire home properties and 186 one-bedroom properties in this area. The monthly revenue for most properties in Rosemont-Petite Patrie is more than C$1,795 per month with occupancy being more than 77%.

2. Downtown Montreal (H3G)

This area has plenty to offer to property investors: from shopping centres, tourist attractions, 3 well-known universities, and a pair of major sports stadiums! 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$1,461 C$2,225 84% C$144
2-bedrooms C$1,965 C$3,137 77% C$203
3-bedrooms C$2,550 C$4,019 68% C$285

According to our Airbtics Dashboard, there are more than 702 Airbnb listings with 442 entire home properties and 332 one-bedroom properties in this area. The monthly revenue for most properties in Downtown Montreal is more than C$2,109 per month with occupancy being more than 63%.

3. The Old Port (Vieux-Montreal) (H2Y)

This neighborhood is a commercial real estate with plenty of rental opportunities. 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$1,725 C$2,971 92% C$259
2-bedrooms C$2,105 C$4,662 77% C$378
3-bedrooms C$2,395 C$5,396 77% C$395

This area has a total of 21 Airbnb listings with 7 one-bedroom properties and 4 two-bedroom properties. The monthly revenue for most properties in The Old Port is more than C$2,995 per month with occupancy being more than 74%.

how much can you make on airbnb

Short-term rental regulations in Montreal

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

  • To rent accommodations to tourists in Montréal for 31 days or fewer, you need an establishment number and a classification certificate issued by the Corporation de l’Industrie Touristique du Québec.
  • It is required to put your establishment number on any advertisement to rent your space, whether online or offline.
  • Contact your permits counter to find out if your home is in an authorized area. A commercial or professional activity occupancy permit can then be issued.
  • If you are renting out your primary residence, you are not required to get a certificate of classification, unless you wish to do so. Nevertheless, other restrictions may apply depending on your municipalities regulations.
  • In Montreal, short-term tourist rentals are regulated by boroughs. You will need to find out if you are authorized to operate a tourist home in your borough and what the regulations are based on the city’s webpage.

Rental Properties in Montreal

Since Montreal has plenty of foreign students, business professionals, and international immigrants in the city, there is a relatively strong rental demand for rentals.

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

1.Rentals
RA Montreal
2. Centris
RA Montreal

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 Oxford

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 Oxford, its profitability, and 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 Oxford, Anne manages 10 listings and I’m pretty sure she doesn’t own the all properties. She made £187,871 in the last 12 months.  

Oxford airbnb rental arbitrage

How much can I make with rental arbitrage in Oxford?

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 borough to invest in is Oxford City Centre located in the OX1 district! The rental demand in this area is stable because of the university accommodation providers and business professionals.

Now that we have the best neighborhood to invest in Oxford, let’s talk about profitability and monthly expenses.

 

Oxford airbnb rental arbitrage
Profit & Monthly Expense in Oxford

Based on Airbtics’ data, you can earn a whopping £5,850 per month for a 2-bedroom apartment in Oxford City Centre alone. With the data provided, you can certainly tell that investing in a property in Oxford is profitable!

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
£1,855 £5,850 £1,170 £2,825

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price and monthly expense (£5,850-£1,855-£1,170= £2,825).

 Startup Cost in Oxford

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
£5,710 2 months

The average estimated startup cost (for furnishing) in Oxford is around £2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (£3,710). Now that we have a total startup cost of £5,710, cash return time can be calculated by dividing this by the Airbnb monthly revenue (£2,825).

Given your monthly revenue of £2,825, it will take approximately less than 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 Oxford!

Best Areas for Rental Arbitrage in Oxford

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

1. Oxford City Centre (OX1)

This area has driven a huge rental demand due to the exceptional job opportunities and student accommodations available. In Oxford City Centre, investors can expect a yield of 4%. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £1,325 £3,659 76% £172
2-bedrooms £1,855 £5,850 80% £222
3-bedrooms £2,788 £3,672 66% £260

According to our Airbtics Dashboard, there are more than 32 Airbnb listings with 7 private room properties and 20 one-bedroom properties in this area. The monthly revenue for most properties in Oxford City Centre is more than £2,825 per month with occupancy being more than 61%.

2. Cowley Road (OX4)

This neighborhood is also considered one of the best areas in Oxford for buy-to-let because of its profitability, cheap properties, and a rental yield of 5%! Known as the fashionable residential spot, here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £979 £2,495 73% £135
2-bedrooms £1,291 £2,954 72% £200
3-bedrooms £1,616 £4,206 73% £256

This area has a total of 125 Airbnb listings with 45 private room properties and 75 one-bedroom properties. The monthly revenue for most properties in Cowley Road is more than £1,748 per month with occupancy being more than 56%.

3. Jericho and Park Town (OX2)

Last but not least, Oxford’s independent area that offers an incredible nightlife experience, Jericho & Park Town! This area is often attractive to young professionals and students from nearby universities. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £1,328 £3,227 74% £172
2-bedrooms £1,847 £5,111 85% £234
3-bedrooms £2,523 £7,367 71% £317

This area has a total of 71 Airbnb listings with 19 private room properties and 34 one-bedroom properties in this area. The monthly revenue for most properties in Jericho & Park Town is more than £3,370 per month with occupancy being more than 61%.

how much can you make on airbnb

Short-term rental regulations in Oxford

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

  • Required to apply for planning permission when there is a ‘material change’ in the use of a property through Oxford City Council.
  • It is required to pay council tax in Oxford.

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 Dorset

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 Dorset, its profitability, and 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 Dorset, Zoe manages 17 listings and I’m pretty sure she doesn’t own the all properties. She made £899,091 in the last 12 months.  

Dorset airbnb rental arbitrage

How much can I make with rental arbitrage in Dorset?

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 borough to invest in is Weymouth located in the DT3 district! The rental demand in this area is recognized because of the number of tourists (approximately 4.7 million annually) who are in need of holiday lets and accommodations. 

Now that we have the best neighborhood to invest in Dorset, let’s talk about profitability and monthly expenses.

Dorset airbnb rental arbitrage
Profit & Monthly Expense in Dorset

Based on Airbtics’ data, you can earn a whopping £4,149 per month for a 3-bedroom apartment in Weymouth alone. With the data provided, you can certainly tell that investing in a property in Dorset is profitable!

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
£1,378 £4,149 £830 £1,941

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price and monthly expense (£4,149-£1,378-£830 = £1,941).

 Startup Cost in Dorset

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
£4,756 3 months

The average estimated startup cost (for furnishing) in Dorset is around £2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (£2,756). Now that we have a total startup cost of £4,756, cash return time can be calculated by dividing this by the monthly profit (£1,941).

Given your monthly revenue of £1,941, 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 Dorset!

Best Areas for Rental Arbitrage in Dorset

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

1. Weymouth (DT3)

Weymouth’s soaring rental market is recognized in all of UK’s cities – as well as the most affordable picturesque places! Ranked as the fourth rental hotspot in the UK, this area usually attracts vacationers because of its close proximity to the town centre and harbour. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £979 £2,030 68% £130
2-bedrooms £1,404 £4,385 67% £175
3-bedrooms £1,914 £5,299 61% £262

According to our Airbtics Dashboard, there are more than 262 Airbnb listings with 72 private room properties and 132 one-bedroom properties in this area. The monthly revenue for most properties in Weymouth is more than £1,941 per month with occupancy being more than 51%.

2. Bournemouth (BH1)

This neighborhood offers exciting opportunities for property investors in Dorset. Bournemouth is popularly known for its holiday lets and also has a vast student housing market with a strong yield of 4.6%! Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £739 £1,927 63% £141
2-bedrooms £1,076 £2,571 57% £193
3-bedrooms £1,458 £3,368 57% £274

This area has a total of 1,472 Airbnb listings with 407 private room properties and 716 one-bedroom properties. The monthly revenue for most properties in Bournemouth is more than £1,236 per month with occupancy being more than 44%.

3. Poole (BH12)

Last but not least, South East Dorset’s commercial town, Poole! It is a popular tourist destination where holiday lets and student accommodations are in demand. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £946 £1,864 65% £142
2-bedrooms £1,229 £2,409 56% £196
3-bedrooms £1,486 £2,603 51% £229

This area has a total of 299 Airbnb listings with 38 private room properties and 76 one-bedroom properties in this area. The monthly revenue for most properties in Poole is more than £2,492 per month with occupancy being more than 45%.

how much can you make on airbnb

Short-term rental regulations in Dorset

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

  • Required to pay ​​for a commercial waste service in Dorset Council, including collection and disposal charges. This applies regardless of whether your properties are liable for business rates or council tax.
  •  It is a legal requirement to have an EPC Energy Performance Certificates (EPC) for each property AND ensure that the properties reach at least an Energy Performance Certificate (EPC) rating of ‘E

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 York

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 York, its profitability, and 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 York, Nick manages 35 listings and I’m pretty sure he doesn’t own the all properties. He made £723,507 in the last 12 months.  

York airbnb rental arbitrage

How much can I make with rental arbitrage in York?

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 borough to invest in is York City Centre located in the YO1 district with 4.4% yields! This area is recognized for its historic and tourist sites, which reflects strong demand for holiday lets and accommodations. 

Now that we have the best neighborhood to invest in York, let’s talk about profitability and monthly expenses.

York airbnb rental arbitrage
Profit & Monthly Expense in York

Based on Airbtics’ data, you can earn a whopping £5,299 per month for a 3-bedroom apartment in York City Centre alone. With the data provided, you can certainly tell that investing in a property in York is profitable!

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
£1,914 £5,299 £1,060 £2,325

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price and monthly expense (£5,299-£1,914-£1,060 = £2,325).

 Startup Cost in York

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
£5,828 3 months

The average estimated startup cost (for furnishing) in York is around £2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (£3,828). Now that we have a total startup cost of £5,828, cash return time can be calculated by dividing this by the monthly profit (£2,325).

Given your monthly revenue of £2,325, 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 York!

Best Areas for Rental Arbitrage in York

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

1. York City Centre (YO1)

A popular location for city living, York has a strong demand for holiday accommodations because of its tourist sites. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £1,181 £3,563 79% £169
2-bedrooms £1,404 £4,385 68% £261
3-bedrooms £1,914 £5,299 62% £340

According to our Airbtics Dashboard, there are more than 248 Airbnb listings with 18 private room properties and 105 one-bedroom properties in this area. The monthly revenue for most properties in York City Centre is more than £2,325 per month with occupancy being more than 55%.

2. Clifton (YO30)

York is a university city that the majority of investors prefer! Clifton is among the recognizable areas for student accommodations with yields ranging from 4.4 – 5.3%. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £1,038 £2,129 66% £140
2-bedrooms £1,120 £3,394 69% £173
3-bedrooms £1,443 £4,023 67% £282

This area has a total of 211 Airbnb listings with 60 private room properties and 85 one-bedroom properties. The monthly revenue for most properties in Clifton is more than £1,775 per month with occupancy being more than 58%.

3. Holgate (YO24)

Last but not least, West York’s property area with another interesting value! Holgate offers townhouses that are preferred by family buyers and students. This area has close proximity to the city centre and railways. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £1,028 £1,377 56% £104
2-bedrooms £1,097 £1,659 55% £151
3-bedrooms £1,377 £4,247 49% £223

This area has a total of 47 Airbnb listings with 16 private room properties and 33 one-bedroom properties in this area. The monthly revenue for most properties in Holgate is more than £2,020 per month with occupancy being more than 50%.

how much can you make on airbnb

Short-term rental regulations in York

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

  • If the total of all lettings that exceed 31 continuous days is more than 155 days during the year, then your property will not continue to be a Furnished Holiday Let for that year.
  • Your property must be available for letting as furnished holiday accommodation letting for at least 210 days in the year. The creation of a six-month tenancy would compromise this regulation.

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 Norfolk

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 Norfolk, its profitability, and 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 Norfolk, Leticia manages 20 listings and I’m pretty sure she doesn’t own the all properties. She made £723,507 in the last 12 months.  

Norfolk airbnb rental arbitrage

How much can I make with rental arbitrage in Norfolk?

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 borough to invest in is Norfolk City Centre located in the NR2 district because of the business professionals & students in the city! 

Norfolk City Centre is attractive for property investors because of its close proximity to universities and business buildings. Now that we have the best neighborhood to invest in Norfolk, let’s talk about profitability and monthly expenses.

Norfolk airbnb rental arbitrage
Profit & Monthly Expense in Norfolk

Based on Airbtics’ data, you can earn a whopping £2,513 per month for a studio-type bedroom in Norfolk City Centre alone. With the data provided, you can certainly tell that investing in a property in Norfolk is profitable!

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
£820 £2,513 £503 £1,190

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price and monthly expense (£2,513-£820-£503 = £1,190).

 Startup Cost in Norfolk

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
£3,640 3.1 months

The average estimated startup cost (for furnishing) in Norfolk is around £2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (£1,640). Now that we have a total startup cost of £3,640, cash return time can be calculated by dividing this by the monthly profit (£1,190).

Given your monthly revenue of £1,190, it will take approximately 3.1 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 Norfolk!

Best Areas for Rental Arbitrage in Norfolk

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

1. Norfolk City Centre (L14)

This borough is one of the largest employment areas in Europe, hence, it is home to business executives and professionals! Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
Studio Type Apartment £820 £2,513 66% £102
2-bedrooms £871 £1,217 64% £130
3-bedrooms £1,090 £1,641 77% £191

According to our Airbtics Dashboard, there are more than 31 Airbnb listings with 3 private room properties and 23 one-bedroom properties in this area. The monthly revenue for most properties in Norfolk City Centre is more than £328 per month with occupancy being more than 48%.

2. Great Yarmouth (NR29)

If you are looking for cheap buy-to-let properties in Norfolk, Great Yarmouth is the best place to invest in! With yields ranging from 4.9 – 5.4%, this area often attracts vacationers from all over the world. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £550 £1,698 62% £125
2-bedrooms £701 £1,592 60% £127
3-bedrooms £808 £1,977 56% £163

This area has a total of 1,788 Airbnb listings with 197 private room properties and 510 one-bedroom properties. The monthly revenue for most properties in Great Yarmouth is more than £808 per month with occupancy being more than 49%.

3. Riverside, Norwich (NR1)

Last but not least, Riverside is a more affordable area! It is considered an excellent choice for property investment in Norfolk because this area is only a few meters from the town centre, making it accessible for family buyers and student tenants. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £843 £1,749 73% £96
2-bedrooms £1,236 £2,740 74% £150
3-bedrooms £1,730 £3,509 65% £183

This area has a total of 124 Airbnb listings with 49 private room properties and 77 one-bedroom properties in this area. The monthly revenue for most properties in Riverside is more than £1,077 per month with occupancy being more than 51%.

how much can you make on airbnb

Short-term rental regulations in Norfolk

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

  • If the total of all lettings that exceed 31 continuous days is more than 155 days during the year, then your property will not continue to be a Furnished Holiday Let for that year.
  • Your property must be available for letting as furnished holiday accommodation letting for at least 210 days in the year. The creation of a six-month tenancy would compromise this regulation.

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 Merseyside

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 Merseyside, its profitability, and 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 Merseyside, Katy, Joe & Team manage 75 listings and I’m pretty sure they doesn’t own the all properties. They made £2,767,840 in the last 12 months.  

Merseyside airbnb rental arbitrage

How much can I make with rental arbitrage in Merseyside?

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 borough to invest in is Knowsley located in the L14 district with a possibility of a 8% yield!

Knowsley provides attractively priced land and sites for property investors. Based on a recent survey, Knowsley borough has a higher demand for rented properties and is short on supply. Now that we have the best neighborhood to invest in Merseyside, let’s talk about profitability and monthly expenses.

Merseyside airbnb rental arbitrage
Profit & Monthly Expense in Merseyside

Based on Airbtics’ data, you can earn a whopping £1,312 per month for a 2-bedroom apartment in Knowsley alone. With the data provided, you can certainly tell that investing in a property in Merseyside is profitable!

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
£688 £1,312 £262 £362

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price and monthly expense (£1,312-£688-£262= £362).

 Startup Cost in Merseyside

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
£3,376 9.3 months

The average estimated startup cost (for furnishing) in Merseyside is around £2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (£1,376). Now that we have a total startup cost of £3,376, cash return time can be calculated by dividing this by the Airbnb monthly revenue (£362).

Given your monthly revenue of £362, it will take approximately 9.3 months time to get back the startup cost! After this 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 Merseyside!

Best Areas for Rental Arbitrage in Merseyside

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

1. Knowsley (L14)

This borough is one of the largest employment areas in Europe, hence, it’s home to business executives and professionals! Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £898 £1,862 69% £138
2-bedrooms £978 £2,216 68% £142
3-bedrooms £1,378 £3,255 60% £272

According to our Airbtics Dashboard, there are more than 42 Airbnb listings with 17 private room properties and 27 one-bedroom properties in this area. The monthly revenue for most properties in Knowsley is more than £361 per month with occupancy being more than 40%.

2. Sefton (L29)

This metropolitan borough is one of the best areas to invest in buy-to-let in Merseyside because of its businesses and affordable properties! Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £695 £1,556 75% £97
2-bedrooms £866 £1,805 72% £89
3-bedrooms £1,550 £2,460 71% £118

This area has a total of 273 Airbnb listings with 120 private room properties and 152 one-bedroom properties. The monthly revenue for most properties in Sefton is more than £1,226 per month with occupancy being more than 47%.

3. Wirral (CH41)

Last but not least, the borough of Wirral is also one of the best areas for property investment due to its close proximity to major cities like Liverpool and pristine beaches. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £507 £1,411 62% £114
2-bedrooms £616 £2,379 70% £138
3-bedrooms £709 £2,739 73% £159

This area has a total of 227 Airbnb listings with 87 private room properties and 113 one-bedroom properties in this area. The monthly revenue for most properties in Wirral is more than £1,482 per month with occupancy being more than 48%.

how much can you make on airbnb

Short-term rental regulations in Merseyside

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

  • No restriction on the number of days. It can be for as long as 6 months.
  • It is required to pay a Council tax in Merseyside.
  • Any property with five or more people who form unrelated households, and share amenities such as a kitchen or bathroom, must have an HMO licence. Learn more about an HMO licence in Merseyside.

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 Devon

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 Devon, its profitability, and 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 Devon, Emilie manages 26 listings and I’m pretty sure she doesn’t own the all properties. She made £ 1,788,855 in the last 12 months.  

Devon airbnb rental arbitrage

How much can I make with rental arbitrage in Devon?

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 Torquay located in the CF24 district with a possibility of a 9.27% yield!

Torquay is popular with investors for the excellent value of buy-to-lets because of the perfect combinations: tourist & retirement properties! Now that we have the best neighborhood to invest in Devon, let’s talk about profitability and monthly expenses.

Devon airbnb rental arbitrage
Profit & Monthly Expense in Devon 

Based on Airbtics’ data, you can earn a whopping £4,812 per month for a 2-bedroom apartment in Torquay alone. With the data provided, you can certainly tell that investing in a property in Devon is profitable!

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
£1,406 £2,132 £426 £300

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price and the monthly expenses (£2,132-£1,406-£426= £300).

 Startup Cost in Devon

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
£4,812 16.1 months

The average estimated startup cost (for furnishing) in Devon is around £2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (£2,818). Now that we have a total startup cost of £4,812, cash return time can be calculated by dividing this by the monthly profit (£300).

Given your monthly revenue of £300, it will take approximately 16.1 months time to get back the startup cost! After this 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 Devon!

Best Areas for Rental Arbitrage in Devon

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

1. Torquay (TQ1)

This neighborhood offers competitive property prices, however, this in return will mean exciting yields for property investors! Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £817 £1,200 55% £133
2-bedrooms £1,406 £2,132 55% £206
3-bedrooms £1,334 £2,183 56% £269

According to our Airbtics Dashboard, there are more than 161 Airbnb listings with 17 private room properties and 70 one-bedroom properties in this area. The monthly revenue for most properties in Torquay is more than £1,983 per month with occupancy being more than 40%.

2. Exeter (EX1)

Exeter has the sixth-highest employment level in the country, therefore catering to professionals across various industries! The rental growth in this neighborhood is also consistently emerging, with yields around 3-4%. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £1,029 £1,929 72% £126
2-bedrooms £1,303 £2,858 72% £165
3-bedrooms £1,694 £3,268 73% £215

This area has a total of 298 Airbnb listings with 101 private room properties and 165 one-bedroom properties. The monthly revenue for most properties in Exeter is more than £1,989 per month with occupancy being more than 50%.

3. Plymouth (PL1)

Last but not least, one of the cheap property hotspots in any southwest city, Plymouth! This area is also perfect for investors because of the student and tourist rental demands. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £720 £1,184 58% £115
2-bedrooms £730 £1,292 60% £195
3-bedrooms £853 £2,666 53% £215

This area has a total of 108 Airbnb listings with 17 private room properties and 38 one-bedroom properties in this area. The monthly revenue for most properties in Plymouth is more than £1,659 per month with occupancy being more than 39%.

how much can you make on airbnb

Short-term rental regulations in Devon

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

  • The Council of Devon will regard bed and breakfast hotels as HMOs if they are housing any people who use the hotel as their main residence for more than 30 consecutive days. Where this accommodation is used as the main residence, the same standards as for other HMOs should be met.
  • Homeowners in Devon are allowed to rent out their properties for short-term lets without planning permission for up to 90 nights a year.

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 Cardiff

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 Cardiff, its profitability, and 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 Cardiff, Sabina manages 47 listings and I’m pretty sure she doesn’t own the all properties. She made £683,088 in the last 12 months.  

Cardiff airbnb rental arbitrage

How much can I make with rental arbitrage in Cardiff?

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 Cathays located in the CF24 district because of its high demand for property buying.

Since Cathays is near Cardiff university, the student market is skyrocketing in this area. Now that we have the best neighborhood to invest in Cardiff, let’s talk about profitability and monthly expenses.

Cardiff airbnb rental arbitrage
Profit & Monthly Expense in Cardiff

Based on Airbtics’ data, you can earn a whopping £3,988 per month for a 2-bedroom apartment in Cathays alone. With the data provided, you can certainly tell that investing in a property in Cardiff is profitable!

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
£994 £2,602 £520 £1,088

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price and the monthly expenses (£2,602-£994-£520 = £1,088).

 Startup Cost in Cardiff

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
£3,988 4 months

The average estimated startup cost (for furnishing) in Cardiff is around £2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (£1,988). Now that we have a total startup cost of £3,988, cash return time can be calculated by dividing this by the monthly profit (£1,088).

Given your monthly revenue of £1,088, it will take approximately 4 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 Cardiff!

Best Areas for Rental Arbitrage in Cardiff

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

1. Cathays (CF24)

Cathays is described as the best buy-to-let area for property investors because of its close proximity to universities and local businesses. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £701 £1,530 49% £119
2-bedrooms £994 £2,602 56% £156
3-bedrooms £1,171 £2,646 36% £924

According to our Airbtics Dashboard, there are more than 58 Airbnb listings with 5 private room properties and 13 one-bedroom properties in this area. The monthly revenue for most properties in Cathays is more than £3,494 per month with occupancy being more than 38%.

2. Roath (CF10)

Located in the inner-city suburbs, Roath is recognized for its chic and trendy vibe with a solid 4% yield. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £716 £1,787 63% £139
2-bedrooms £921 £2,273 57% £187
3-bedrooms £1,155 £2,803 60% £191

This area has a total of 185 Airbnb listings with 38 private room properties and 96 one-bedroom properties. The monthly revenue for most properties in Roath is more than £2,116 per month with occupancy being more than 42%.

3. Cardiff Bay (LE3)

Last but not least, one of the primary places that investors consider in Cardiff, The Bay! Surrounded by excellent waterfront sceneries, this neighborhood is usually abundant with tourists and various business professionals. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £786 £2,074 69% £151
2-bedrooms £1,171 £2,280 57% £278
3-bedrooms £1,355 £4,032 50% £464

This area has a total of 197 Airbnb listings with 41 private room properties and 90 one-bedroom properties in this area. The monthly revenue for most properties in Cardiff Bay is more than £2,557 per month with occupancy being more than 48%.

how much can you make on airbnb

Short-term rental regulations in Cardiff

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

  • Compulsory landlord registration & licensing
    The Housing (Wales) Act 2014 requires all landlords with property in Cardiff to register with Rent Smart Wales and to either be licensed themselves if they’re ‘self-managing’ or use a licensed agent.
  • It is required to pay a Council tax in Cardiff.
  • BONUS: Recent Let Control Plans in Wales!
    The Welsh Government is planning to introduce controls to limit the numbers of second homes and holiday lets, as well as a licensing scheme for anyone wanting to list units on booking platforms such as Airbnb.

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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Airbnb Rental Arbitrage in Leicester

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 Leicester, its profitability, and 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 Leicester, Miroslav manages 23 listings and I’m pretty sure he doesn’t own the all properties. He made £85,378 in the last 12 months.  

Leicester airbnb rental arbitrage

How much can I make with rental arbitrage in Leicester?

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 Leicester City Centre, located in the LE1 district with a healthy 5% yield.

Since the city centre offers some of the cheapest properties, city living has also become popular in this area. Now that we have the best neighborhood to invest in Leicester, let’s talk about profitability and monthly expenses.

Leicester airbnb rental arbitrage
Profit & Monthly Expense in Leicester

Based on Airbtics’ data, you can earn a whopping £2,222 per month for a 3-bedroom apartment in Leicester City Centre alone. With the data provided, you can certainly tell that investing in a property in Leicester is profitable!

Average Rent Price Airbnb Monthly Revenue Monthly Expense Monthly Profit
£871 £2,222 £444 £907

Source: Airbtics dashboard

The monthly profit can be calculated by subtracting the Airbnb monthly revenue, the rental price and monthly expense (£2,222-£871-£444= £907).

 Startup Cost in Leicester

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
£3,742 4.1 months

The average estimated startup cost (for furnishing) in Leicester is around £2,000. To compute the total startup cost, it is necessary to add the 2 months of average rent price (£1,742). Now that we have a total startup cost of £3,742, cash return time can be calculated by dividing this by the monthly profit (£907).

Given your monthly revenue of £907, it will take approximately 4.1 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 Leicester!

Best Areas for Rental Arbitrage in Leicester

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

1. Leicester City Centre (LE1)

Considering Leicester as one of the top cities in Britain to invest in, its city center offers vast tourism and business districts that demands the majority of rental growth! Not to mention that this area offers the cheapest properties. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £644 £1,212 50% £104
2-bedrooms £849 £2,051 60% £141
3-bedrooms £871 £2,222 60% £169

According to our Airbtics Dashboard, there are more than 190 Airbnb listings with 51 private room properties and 113 one-bedroom properties in this area. The monthly revenue for most properties in Leicester City Centre is more than £1,139 per month with occupancy being more than 37%.

2. Clarendon Park (LE2)

Clarendon Park is part of South Leicester which is the most popular residential area for professionals and student markets. Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £618 £1,186 66% £74
2-bedrooms £826 £1,041 68% £99
3-bedrooms £873 £1,352 52% £140

This area has a total of 32 Airbnb listings with 13 private room properties and 18 one-bedroom properties. The monthly revenue for most properties in Clarendon Park is more than £1,147 per month with occupancy being more than 48%.

3. Glenfield (LE3)

Last but not least, one of the successful areas with the highest employment rates in Leicester, Glenfield! Here’s what you can expect in this neighbourhood:

Type of Bedrooms Average Rent Price (pcm) Average Airbnb Revenue Occupancy Rates Average Daily Rate
1-bedroom £771 £1,162 49% £92
2-bedrooms £872 £1,641 65% £136
3-bedrooms £916 £3,086 47% £200

This area has a total of 97 Airbnb listings with 51 private room properties and 64 one-bedroom properties in this area. The monthly revenue for most properties in Glenfield is more than £925 per month with occupancy being more than 43%.

how much can you make on airbnb

Short-term rental regulations in Leicester

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

  • You must obtain a permit from Leicester City Council before sub-letting part of your property to another person.
  • It is required to pay a Council tax in Leicester.
  • Any property with five or more people who form unrelated households, and share amenities such as a kitchen or bathroom, must have an HMO licence. 

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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