EP 140: Rental Arbitrage and Short Term Rental Tips with Sarah Pell

FinancingProperty ManagementBehind-The-ScenesMid-Term RentalsLong-Term RentalsShort-Term RentalsThe Community
Written By Amelia McGee
 

Hey friends! We are so excited for you to tune into this week’s episode, which features our friend Sarah Pell, a nomadic investor who lives in a camper in Des Moines, Iowa. Sarah started investing in 2019, initially only investing in long-term rentals but pivoted in 2021 to now cohosting and offering short-term rental units.

With 4 long-term rental doors, cohosts 3 rental units, and 3 rental arbitrage units, Sarah shares her amazing perspective on owning and operating in the world of REI.

We dive deep into:

  • Exactly what rental arbitrage is

  • Short-term rentals and cohosting

  • Talking to landlords about rental arbitrage

  • The tech and tools Sarah uses in the day-to-day

  • Sarah’s best tips on management

Sarah also shares her formula on how to price out furnishing your property appropriately - you won’t want to miss it!

Want to know more?

✨ Join us at our Intermediate Retreat: September 5 - 8

✨ Join us at our Advanced Retreat: September 12-15

See what is up next for Sarah over on Instagram or by checking out her website.

Thanks for listening!

Resources:

Amelia McGee
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EP 141: Using the BRRRR Strategy to Scale Quickly
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EP 139: Handling Problem Tenants Like a Pro