Updated almost 6 years ago on . Most recent reply
Dealing with air bnb properties positives and negatives
what are the down falls to air bnb from those with experience of this type of real estate?
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The seasons @Jamison Gallegos My places are booked solid in the summer, not much action in the winter. LL pays all utilities, which is different from 1yr leases. This year St. Louis government decided to re-class some properties as commercial, where short-term rentals were taking place. This was a surprise to us homeowners and a bite into our income. Then there was the orgy. One person booked but 11 spent the night, I found them in the morning. Be sure your House Rule Book warns guests that they will be charged $xxxx (make up something) if a party happens, smoking takes place or extra people spend the night. Without it, there is no extra charge for bad behavior.