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Sean Monahan
Pro Member
  • Real Estate Agent
  • 21224
60
Votes |
94
Posts

Does anyone else have input on Loftium as a start up?

Sean Monahan
Pro Member
  • Real Estate Agent
  • 21224
Posted Jul 22 2018, 16:22

Recently I purchased a rental home and after posting was contacted by Loftium.  From what I could research Loftium is a start up that states it will help with a down payment on a house in exchange for the new home owner guaranteeing  Loftium the opportunity to Airbnb a bedroom of yours out for one to three years.  If it rents they collect a majority of the airbnb income and if not it is a loss to them.  I'm interested in getting input as to how this could affect a niche market and legalities of the situation in various states.  Also I'm a little perplexed as I have already purchased the home.

Thank you BP members in advance for your input.

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