Corporate rental vs airBNB

[James Sansangasakun]

Hi all,

I have a rental property in Emeryville, CA and have been renting out on airBNB for about 3 months now. The city starts talking about limiting the number of day on airBNB per year. The unit is furnished, I was thinking of getting the corporate rental, 30+ days or more but not long term rental. 

Has anyone in SF Bay Area experience renting out for corporate? 

thank you!

[J. Martin]

Originally posted by @Arlen Chou:

@James Sansangasakun you need to reach out the @J. Martin about this topic. He is crushing it with furnished rentals! I also suggest you come out to his REI summit in October.

http://www.sfbaysummit.com/

 James, 
I have about 20 of these, which is why Arlen tagged me here.. 
There's a market here for it. Definitely slower in winter. Busier in summer. 
Travel nurses, business travelers, etc. Travel nurses will probably have a harder time affording a place in Emeryville, so will probably have to target business travelers more.

One way to test out is to start putting the monthly discount on your listing - and also try not to take a bunch of single reservations that would break-up a long-term stay. For example, don't book short stays so far out in the future. If you have a booking during the potential long-term tenant's requested stay, your listing won't show up in the search results. So you have to give them the chance to send an inquiry by leaving the calendar open. 

I'm in Seattle for the summer. But feel free to reach out on my BP profile, or come out and say hi in person in Oct in Oakland!