Renting out Primary Home for Superbowl - Phoenix, AZ

Member since 2021 · 3 posts · 3 votes

I am considering renting out my primary residence (3bd/2ba) for the Superbowl - we are about 20 minutes from the stadium, and about 25 minutes from other events happening around the same time in Phoenix, AZ such as the Waste Management Open and Barrett Jackson. My family would move in with my in laws for about a month if we wanted to try this out. My question is - are people that are doing this packing up their entire houses and leaving only the bare items appropriate for an Airbnb? I would build into analysis the cost of having someone else pack the house up, if so. Additionally - what other logistical items are people addressing outside of insurance, registering property, etc. Would love to hear what people are doing!

1 Reply

32 views

7 Replies

Jump to latestLatest

Sort by

Michael BaumPro Member
Olympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
3y
Hey @Jessica Munguia. Yes people do this all the time. It kinda started with the Masters in Augusta. Actually the IRS rule about 14 day max stays in a year don't require you to pay taxes started there.
Here in Idaho, in the town of Coeur d'Alene people vacate their house for about a week for the Ironman Triathlon. It is one of the biggest in the world and brings athletes from all over the world. You can get 10k for a large 4/3 in town.
Anytime you find a major event happening, you will find people doing just this.
Now, you do need to empty out the house to some degree. You don't want people wearing your clothes! You have to decide how much you could get versus the trouble it will take to remove the personal items.
I would check with the city/county to make sure you need any kind of permit for something like this. I am sure you could advertise this on Facebook Marketplace or Craigslist and get the booking that way. Talk to your insurer and you should be able to get a rider for the time people are staying there.
Here are some links to check out. Give you some kind of idea what's what.
https://www.mastershousing.com...
https://www.peerspace.com/reso...
0 Reply
Jessica Munguia
OP
Member since 2021 · 3 posts · 3 votes
3y
Hi @Michael Baum Thanks for the feedback! I was thinking about potentially posting it on some sites and finding out if there's interest before finalizing and taking the steps to register for any permits (if necessary). My husband is my insurance agent, so I know he will get us set up appropriately. We are hoping to house hack another property in Q1, so the personal items being packed up could be in alignment with the direction we are headed anyway. Love those links - very informative!
1 Reply
Sarita ScherpereelBusiness Member
Real Estate Agent · Chicago, IL · Member since 2018 · 659 posts · 376 votes
3y
@Jessica Munguia Great Idea. I would go for it. Just makes sure you check with locals about the rules on doing this before you get started (you have time). Hopefully, some people comment on your post that actually work in your market. Definitely, pack up items that are valuable. I'd stayed in Airbnb's where people have a lot of personal items still in the home. I've also been at places that are strictly Airbnbs and feel like a hotel when it comes to stuff. Best of luck!
[email protected]773-456-4644
Sarita Sells4.933 Reviews
Website View Page
0 Reply
Nathan GesnerBusiness Member
Moderator
Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
3y
Quote from @Jessica Munguia:

Remove all personal items, anything of value (financial or sentimental) that you can't afford to lose, medications, etc. I recommend removing food, as well. It's not an easy task, but can be lucrative. If possible, place everything in a garage or section of the house that can be secured rather than moving it off-site.
The DIY Landlord Book4.7247 Reviews
Website View Page
0 Reply
Jessica Munguia
OP
Member since 2021 · 3 posts · 3 votes
3y
@Nathan Gesner That's exactly what I was thinking - I was going to source a mover to pack it all up in put it in our shed on property. Easy out and easy back in! Thanks for commenting!
1 Reply
Nathan GesnerBusiness Member
Moderator
Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
3y
Quote from @Jessica Munguia:

@Nathan Gesner That's exactly what I was thinking - I was going to source a mover to pack it all up in put it in our shed on property. Easy out and easy back in! Thanks for commenting!

By the way, I use the Augusta rule here in small-town Wyoming. I rent my primary residence to my business at market rates. Last year it saved me about $2,600 in taxes. Well worth learning about this rule and finding a way to use it every year.
The DIY Landlord Book4.7247 Reviews
Website View Page
0 Reply
Noah Laker
Real Estate Broker · Sacramento, CA · Member since 2021 · 518 posts · 408 votes
3y
Quote from @Jessica Munguia:

I am considering renting out my primary residence (3bd/2ba) for the Superbowl - we are about 20 minutes from the stadium, and about 25 minutes from other events happening around the same time in Phoenix, AZ such as the Waste Management Open and Barrett Jackson. My family would move in with my in laws for about a month if we wanted to try this out. My question is - are people that are doing this packing up their entire houses and leaving only the bare items appropriate for an Airbnb? I would build into analysis the cost of having someone else pack the house up, if so. Additionally - what other logistical items are people addressing outside of insurance, registering property, etc. Would love to hear what people are doing!

Hey Jessica!! I host over 100 properties and we have a few owners in the same exact position. My system is built with cleaning and maintenance and guest services, super easy onboarding and off boarding. If you wanted us to help you list your home, we can get started right away and hopefully get pre leased!
Check out WISHSTR.com :)
0 Reply

Join the conversationCreate a free account to reply, vote on answers and follow this thread.