AirBnb in Oakland, CA

[Michaela To]

Hi Everyone - 

I'm helping someone buy a one bedroom condo by Lake Merritt in Oakland. He wants to use it either as a rental property or AirBnb. Does anyone have any experience doing AirBnb rentals in this area? Any numbers on income, expenses, vacancy rate, etc. you can share? 

@J. Martin I know you have some! :)

Thanks!

[Account Closed]

I don't know of any condos around Lake Merrit that allow short term rentals.  I would also check what is allowed by the city unless the plan is to try to operate illegally.