Rental Arbitrage is a method similar to house hacking. But unlike house hacking in Rental Arbitrage, you don't own the house.Assuming we fix the data errors, we can greatly improve the odds that more potential buyers will see the home relative to when we purchased it. How to File a Request for Arbitration. Arbitrage in real estate means profiting from price differences or market inefficiencies. Airbnb rental arbitrage is the act of renting a property longterm and then rerenting it shortterm on vacation rental sites like Airbnb or Vrbo. Real estate arbitrage occurs when a real estate investor purchases an investment property and sells it simultaneously at a higher price. Arbitrage is the practice of buying an asset in one market and simultaneously selling it at a higher price in another. In real estate arbitrage, used as a verb "arbitraging," means to buy one property and then sell that same property for a profit. In real estate arbitrage, used as a verb "arbitraging," means to buy one property and then sell that same property for a profit.