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In this episode, Michael Chang and Sean Rakidzich share their insights on scaling an Airbnb arbitrage business. They discuss the benefits of arbitrage over buying properties, emphasizing immediate cash flow and rapid expansion.
Sean highlights the importance of building a strong team and maintaining a focus on quality control, revenue management, and resolution claims.
He also talks about the challenges of scaling, the significance of core values, and future growth opportunities in distressed multifamily properties.
00:00 Introduction and Background
06:15 Current Portfolio and Business Strategy
09:12 Choosing Arbitrage over Buying Properties
12:30 Benefits of Arbitrage and Cash Flow
19:17 Scaling the Business and Lessons Learned
41:12 Hiring the Right People
46:20 Future Growth Opportunities
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