Rental Property Investor · St Petersburg, FL · Member since 2019 · 12 posts · 2 votes
Looking for some input in what you all do for your MTR listings in terms of sites and any other strategies like trying to partner with a hospital. Most importantly my question as stated in the title has more to do with AirBnB. Do you list your MTR on there? If so do you still have your potential tenants go through an application process and complete a lease? I don’t use AirBnB so I feel like this may be a no no for their platform because they don’t want any contact or business conducted outside of the platform.
It’s worth listing on Airbnb. Just had a 37 day stay for a family who stayed all December and checked-out last week. I simply had them sign a short-term rental agreement prior to. Reservation was paid for via Airbnb. Had zero issues.
I manage over 100 Airbnb properties on the West Coast, as well as some MTR and LTR, and I can say we get a lot of MTR business through Airbnb (and VRBO).
Definitely worth listing. You can use channel managers like Hospitable to synchronize your calendars between sites.
We also use FurnishedFinder, Craigslist, Facebook groups, and we build partnerships with national relocation firms.
Looking for some input in what you all do for your MTR listings in terms of sites and any other strategies like trying to partner with a hospital. Most importantly my question as stated in the title has more to do with AirBnB. Do you list your MTR on there? If so do you still have your potential tenants go through an application process and complete a lease? I don’t use AirBnB so I feel like this may be a no no for their platform because they don’t want any contact or business conducted outside of the platform.
Thanks in advance!
All my bookings have come from Airbnb for my MTR. Definitely list it on there, they have the most eyeballs. I get a higher rate on Airbnb than I do on Furnished Finder.
Definitely worth listing on Airbnb. You're right about the screening process and lease agreements, usually MTR owners don't ask for those for Airbnb bookings. The balancing factor is that Airbnb does provide some host protection for damages. You can also turn on settings for Instant Book where guests have to have at least one positive review (meaning it's not a new account) and zero negative reviews.
Looking for some input in what you all do for your MTR listings in terms of sites and any other strategies like trying to partner with a hospital. Most importantly my question as stated in the title has more to do with AirBnB. Do you list your MTR on there? If so do you still have your potential tenants go through an application process and complete a lease? I don’t use AirBnB so I feel like this may be a no no for their platform because they don’t want any contact or business conducted outside of the platform.
Thanks in advance!
All my bookings have come from Airbnb for my MTR. Definitely list it on there, they have the most eyeballs. I get a higher rate on Airbnb than I do on Furnished Finder.
But do you get a least signed for 30+ day people? Any kind of paperwork? Do they pay monthly through airbnb?
It’s worth listing on Airbnb. Just had a 37 day stay for a family who stayed all December and checked-out last week. I simply had them sign a short-term rental agreement prior to. Reservation was paid for via Airbnb. Had zero issues.
Looking for some input in what you all do for your MTR listings in terms of sites and any other strategies like trying to partner with a hospital. Most importantly my question as stated in the title has more to do with AirBnB. Do you list your MTR on there? If so do you still have your potential tenants go through an application process and complete a lease? I don’t use AirBnB so I feel like this may be a no no for their platform because they don’t want any contact or business conducted outside of the platform.
Thanks in advance!
All my bookings have come from Airbnb for my MTR. Definitely list it on there, they have the most eyeballs. I get a higher rate on Airbnb than I do on Furnished Finder.
But do you get a least signed for 30+ day people? Any kind of paperwork? Do they pay monthly through airbnb?
I don’t have them sign leases. Airbnb handles all payments. The guests paying for MTR rates are A+ and a lease isn’t needed from my experience.
Looking for some input in what you all do for your MTR listings in terms of sites and any other strategies like trying to partner with a hospital. Most importantly my question as stated in the title has more to do with AirBnB. Do you list your MTR on there? If so do you still have your potential tenants go through an application process and complete a lease? I don’t use AirBnB so I feel like this may be a no no for their platform because they don’t want any contact or business conducted outside of the platform.
Thanks in advance!
All my bookings have come from Airbnb for my MTR. Definitely list it on there, they have the most eyeballs. I get a higher rate on Airbnb than I do on Furnished Finder.
But do you get a least signed for 30+ day people? Any kind of paperwork? Do they pay monthly through airbnb?
I don’t have them sign leases. Airbnb handles all payments. The guests paying for MTR rates are A+ and a lease isn’t needed from my experience.
Ok, thanks! What about this 90 day rule I'm reading about? Does that come into play with MTR? Is this something I need to be concerned about? Im in NC.
Looking for some input in what you all do for your MTR listings in terms of sites and any other strategies like trying to partner with a hospital. Most importantly my question as stated in the title has more to do with AirBnB. Do you list your MTR on there? If so do you still have your potential tenants go through an application process and complete a lease? I don’t use AirBnB so I feel like this may be a no no for their platform because they don’t want any contact or business conducted outside of the platform.
Thanks in advance!
All my bookings have come from Airbnb for my MTR. Definitely list it on there, they have the most eyeballs. I get a higher rate on Airbnb than I do on Furnished Finder.
But do you get a least signed for 30+ day people? Any kind of paperwork? Do they pay monthly through airbnb?
I don’t have them sign leases. Airbnb handles all payments. The guests paying for MTR rates are A+ and a lease isn’t needed from my experience.
Ok, thanks! What about this 90 day rule I'm reading about? Does that come into play with MTR? Is this something I need to be concerned about? Im in NC.
I don’t know any 90 day rule, and I don’t know laws of NC. What most new hosts are afraid of is having a guest overstay and then you can’t get them out. If there is a lease signed you can start the eviction process, which is why most people recommend you get one. Everyday someone overstays your airbnb they are charged 50% more than your nightly rate. So $100/night, everyday they stay over they are charged $150/night. What I’ve found is the guest who is paying $3,500/month has no intention of overstaying. They have a set amount of days they need the place and don’t want to pay for more. Very different demographic than low class tenants paying $1,000/month and worrying about them overstaying.
It’s worth listing on Airbnb. Just had a 37 day stay for a family who stayed all December and checked-out last week. I simply had them sign a short-term rental agreement prior to. Reservation was paid for via Airbnb. Had zero issues.
How did you work in the Airbnb part in the agreement you had then sign?