All Forum Posts by: Jonah Parker
Jonah Parker has started 2 posts and replied 3 times.
@Joan-Marie Pagan Would it not be legal without it being in the name of the business?
I currently have the money to start an Airbnb arbitrage business but now that I’m ready to get started I’ve encountered some hurdles pertaining to short term rental restrictions. I was hoping I could get some help from you guys with some questions if any of you operate in Philadelphia or just know the answer.
1. Since the limit is 180 days out of the year to rent out short term do you just shut down once you reach the cap for the year?
2. If the rule is the Airbnb needs to be your primary residence is there no possible way to operate more than 1 property?
3. If you are renting out multiple rooms as separate listings does 1 day count as anyone staying in any room?
4. What are cities that have favorable regulations for Airbnb and a good market since I don’t have to operate in Philadelphia?
I’m getting into Airbnb arbitrage and wondering if someone could tell me at what stage I should let the property manager/landlord know that I intend to rent it for Airbnb, and need subleasing rights. Should it be after they run the check and know I’m approved or just let them know before they start the process?