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

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

March 22, 2026 · 45 min

About this episode

Ray and Silvia discuss property management challenges and interview siblings Eloi and Emiie about their successful Airbnb arbitrage business.

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 Emiie Eloi and Emiie are the founders of Sable and Stone Stays , a boutique short-term rental company based in Melbourne…

People in this episode

Hosts: Ray, Silvia

Guests: Eloi, Emiie

Topics covered

Keywords

Mentioned in this episode

Organizations: Sable and Stone Stays

Places: Sydney, Melbourne

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