Ep 55 - The Arbitrage Edge: Building a Multi-Property Portfolio with Siblings Eloi & Emiie

In this episode, Ray and Silvia dive into the "behind-the-scenes" of property management when things go wrong—from cold showers in Sydney to power outages in Melbourne. We are then joined by Eloi and Emiie, the sibling duo behind Sable and Stone Stays, who share how they built a thriving Airbnb arbitrage business in Melbourne in less than a year.In This Episode, We Cover:Host Horror Stories: Ray’s "humid" Sydney stay and the importance of proactive hosting over sending manuals.What is Airbnb Arbitrage? A breakdown of the model where you lease a property long-term to sublet for short-term stays.The Sibling Dynamic: How an 11-year age gap and "Sable vs. Stone" personalities (the "Butterfly" and the "Grandpa") create a balanced business partnership.Pitching to Agents: How to build credibility with real estate agents to get them to say "yes" to subleasing.Automation at Scale: Using PMS and dynamic pricing to manage a portfolio while working full-time 9-to-5 jobs.Interview with Guests: Eloi and EmiieEloi and Emiie are the founders of Sable and Stone Stays, a boutique short-term rental company based in Melbourne. With backgrounds in sales and insurance, they’ve combined their eye for design and technical systems to create a professional, high-standard hosting brand.Website: Sable and Stone StaysWhere to stay — hosted by the Superhosts Down Under teamRay's Property⁠⁠⁠⁠https://www.raymondyee.com.au/airbnb⁠⁠⁠⁠Silvia's Property⁠⁠⁠⁠https://www.airbnb.com/slink/Kpse4K4X⁠⁠⁠