Arbitrage hosts like Anderson take to TikTok, YouTube, and Instagram to offer advice and promote paid courses on how to start and build your own short-term-rental empire.
A 25-year-old TikToker with the handle @airbbnbmastery101 titled one video "How to quit your job in 2024 and get rich."
There's no way to know for sure how popular Airbnb arbitrage is.
Related storiesBut Airbnb arbitrage, in theory, isn't illegal; it depends on local laws governing how short-term-rental properties are licensed.
DeRose says that he regrets working in short-term-rental arbitrage and that "it's very clearly hurting" the housing market.
Persons:
Hailie Anderson, factly, Anderson, —, Donald Trump, Dave Ramsey, Trump, Inayah McMillan, — tycoons, TikTok, she's, Airbnb, Jamie Lane, Alfred, They're, there's, Lane, Konrad Bicher, Wolf, Bicher, Tom DeRose, It's, it's
Organizations:
YouTube, HGTV, Target
Locations:
Austin, Salt Lake City, Nashville, Florida, New York, Cities, Barcelona, Europe, Asia