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Account Closed
  • Homeowner
  • Philadelphia, PA
4
Votes |
57
Posts

Allow prospective tenant to host airbnb or not

Account Closed
  • Homeowner
  • Philadelphia, PA
Posted

I have a 5 BR/2 BA single family home that's RM-1 zoned. It's very hard to find single family that will occupy all 5 bedrooms. So would this be a good idea to give tenant flexibility to host airbnb on the unoccupied rooms? This way I can charge a higher rent and attract more tenants. But I also read about the liability i.e. if guest causes any damage, my landlord policy won't cover it. So what would be more logical approach here?

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Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
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Patricia Steiner
  • Real Estate Broker
  • Hyde Park Tampa, FL
Replied

No.  No.  It's not an option - legally or otherwise.  If you want to host a vacation rental, go for it. Take on the liability as well as the reward.  You can hire your tenant as a "greeter/cleaner."  Run your OWN business.  

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