PURCHASED A CORPORATE RENTAL. NEED ADVICE!
Hi BP community,
I purchased a house hack property and the upper unit was previously used as a "corporate" rental through AirBNB. I will be living in the lower unit.
My question is.....should I continue with AIRBNB with a 30-60 day minimum or draft up a M2M lease? AirBNB charges a 3% fee, so I would like to avoid going through them. I would also like a 30 day notice before the tenant vacates and that doesn't seem to be something I can set up on AIR BNB. The tenant plans on staying until spring so I am just trying to weigh my options and think of all implications going either route. I would like to hear your thoughts, especially from some people who currently own corporate rentals/Long term AirBNB.
Thanks in adavanced