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Updated about 2 years ago on . Most recent reply

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Janiece DeFreitas
  • Rental Property Investor
6
Votes |
29
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Opinion on rent by the room/Bed & Breakfast Style Airbnb

Janiece DeFreitas
  • Rental Property Investor
Posted

Hi all, 

I found a home that was completely renovated inside and now has the potential to be run as a bed n breakfast. I don’t want to run it as a bed n breakfast because I will not be living in the home nor cooking breakfast, but what are your thoughts on renting out by the room? 3 bedrooms total and each bedroom has its own king or queen bed with its own bathroom. Shared common areas would be a huge living room, chefs kitchen, sunroom and huge backyard. I could put entry locks on each bedroom to allow for individual room bookings or someone could book the whole home. I’m just wondering if there’s really enough of a demographic that would rent by the room aka share a home with strangers?? 

Most Popular Reply

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Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
14,260
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12,090
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Bruce Woodruff
#1 Contractors Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
Replied
Quote from @Janiece DeFreitas:

how many working folks on short term assignments or anyone really, would rent a single room, knowing the other 2 rooms could be filled with strangers.

And there you have it. Imagine a male in one room, with two females in the others. Now you really don't know any of these people, especially the guy, so they could be great folks or complete whackos. Something horrible goes down and guess who gets sued? Yep...you.......

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