Has anybody Airbnb-ed half of a duplex?

Question

I have a duplex in Indianapolis and am considering renting half of it on Airbnb--reason being, I need a place to stay when I'm in town, but would like to Airbnb it the rest of the time, while having a long-term tenant on the other side. Has anybody done this? It seems like a good idea on paper. My concern is whether the Airbnb guests tick off the long-term tenants by making noise or creating problems. If you have actual experience with this, I'd like to hear it.

Feedback?

Tyler Lingle · Answer

Hey Mike, I have more experience in the long term rental sphere with my own investments in Indy and my clients'. However, I think that Airbnb on the other side would be totally fine as long as tenants know that is the case on the front end!

Scott E. · Answer

I know some investors in my market doing this. I've seen them start with 1 unit on airbnb to test the market, and before you know it both sides are on airbnb because the margins around here are just so much better than on long term rentals.

You will need to establish some house rules for your guests. And if it's a duplex I'm guessing the unit you plan to rent out is smaller, meaning it can only fit a couple of guests. That's a good thing in this case because it will deter the larger and rowdier groups coming to town for bachelor parties/etc.

Eliott Elias · Answer

You can specify what the tenants can or cant do. In any case i'd just airbnb both sides

Immanuel Pierre · Answer

Hey Mike, I have not done this personally myself but I have been thinking about doing this and know a friend who does this with all of his short term rentals. In short the concept would be to just turn you place into an airbnb then on the days you need to stay there book it to yourself or make it unavailable for rent. I hope this helped a little bit !

Has anybody Airbnb-ed half of a duplex?

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