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Updated over 2 years ago on . Most recent reply

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31
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Kelly Cochran
  • Investor
  • Spokane, WA
16
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31
Posts

Pros/Cons of MTR using AirBNB

Kelly Cochran
  • Investor
  • Spokane, WA
Posted

Getting a lot of mid-term requests through AirBNB. Any drawbacks to doing monthly+ rentals through them, instead of through a company like Zillow that includes an application and lease agreement?

Do I need a lease for a 3-month stay? 

Should I require monthly cleaning (gut says yes, they're bringing dogs).

Anything else I should know/require for a 3-month stay?

Most Popular Reply

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588
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462
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Allen Duan
#3 Medium-Term Rentals Contributor
  • Property Manager
  • Los Angeles, CA
462
Votes |
588
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Allen Duan
#3 Medium-Term Rentals Contributor
  • Property Manager
  • Los Angeles, CA
Replied

I may be in the minority here, but I treat our MTR bookings through Airbnb like a STR. We don't require a lease and only do cleanings after check out. This is all up to your risk tolerance and your confidence in your screening process. I'm confident in my screening of Airbnb bookings and I have plans in place for if things go wrong.

There's nothing you HAVE to do for a 3 month stay through Airbnb, just want you WANT to do =)

Context: we manage many MTRs (currently at 26) in Los Angeles and get most of our bookings from Airbnb and Furnished Finder. 

  • Allen Duan
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