613,494
First of all you cannot do short term rentals in most cities. Running an AirBNB is like having a motel and there are restrictions and licenses for that.
Sounds like these are going to be "flop" houses with unknown people coming and going. Wait till someone tears the furniture and place up...
Personally, I would never allow it, and my leases don't either.
Eve
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Nina Hollander, Broker
Charlotte, NC
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Roy Kelley
Gaithersburg, MD
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Mary Hamilton
North Beach, NJ
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Lyn Sims
Schaumburg, IL
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Carol Williams
Wenatchee, WA
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Solomon Johnson
New York, NY
375,087
I would have evicted the tenant as well as we do not allow subletting.
I have not looked into it myself, but I do know that there are a handful of city ordinances that make it tricky to use your home in this way. I assume that most people doing this are just turning a blind eye?
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Roy Kelley
Gaithersburg, MD
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Mary Hamilton
North Beach, NJ
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Lyn Sims
Schaumburg, IL
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Bob Crane
Stevens Point, WI
2,061,814
Most leases don't allow "sub-letting" (which is effectively what AirBNB is) without the express written approval of the landlord.
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Roy Kelley
Gaithersburg, MD
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Mary Hamilton
North Beach, NJ
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Dorie Dillard Austin TX
Austin, TX
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Lyn Sims
Schaumburg, IL
2,220,654
If I was the landlord, I would not allow it.
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Roy Kelley
Gaithersburg, MD
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Mary Hamilton
North Beach, NJ
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Anthony Acosta - ALLAT...
Atlanta, GA
6,393,494
Sounds like Jim made a wise choice partnering with this tenant to maximize his income on these properties.
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Mary Hamilton
North Beach, NJ
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Bob Crane
Stevens Point, WI
1,466,207
Solomon Johnson What are the terms of the lease? Probably not covered.
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Mary Hamilton
North Beach, NJ
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Bob Crane
Stevens Point, WI
3,416,038
All my leases and rental agreements say NO sub leasing or subletting which would ban this
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Lyn Sims
Schaumburg, IL
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Carol Williams
Wenatchee, WA
1,844,301
Well, its against all the leases that I ever writen that's for sure & if it's a condo under rules & regs, hopefully they have updated that also.
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Mary Hamilton
North Beach, NJ
2,781,173
Sub-tenancy has always been a subject that was forbidden and there is a clause in every rental agreement that says so...Time for action!
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Bob Crane
Stevens Point, WI
1,712,676
Haven't had to face that situation but interesting solution.
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Mary Hamilton
North Beach, NJ
921,504
AirBNB has proven to be an incredibly valid resource for owner and those seeking shelter not managed by Marriott.
Beach houses are prone to the party bunch. However the rate they pay makes this option close to a 'no brainer.'
Non-beach AirBND has actually attracted families on vacation and, believe it or not, the biggest purpose is weddings!
As an owner AirBND should not be overlooked. Keep an eye on city leaders and protect your neighbors.
I've interviewed no less that 50 people in this location and asked about their AirBNB experience. 90% revealed this was not their first use of AirBNB and none had a complaint.
Times are changing
Those who are running a Bed & Breakfast, must understand these AirBNB folks are taking money out of their pocket. Adapt or go out of business.
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Bob Crane
Stevens Point, WI
5,049,450
They are cutting down on where these types of properties are allowed in San Diego. And some condo complexes do not allow short term rentals at all, although my guess is they still happen
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Carol Williams
Wenatchee, WA
1,725,996
All depends on what the lease reads. Most leases do not allow sublets without the landlord's permission. Time for a new tenant?
4,800,082
5,104,931
What can be done depends on the terms of the lease. If the lease states clearly who can live in the property, your friend probably has a right to evict.
5,868,554
1,502,998
Our leases state that the tenant cannot sublet without the landlord's approval. That's default wording in Cali's contract. I add conditions to prohibit short term rentals and occupation of the property by anyone not on the lease agreement. Had one tennant contact me about if his out of town visiting family could stay for a week, that's how strict the wording was! :-)
If I found a tenant violating the lease, they'd be gone.
Next rental will even include anit-marijuana verbiage since it's still a federal offense.
989,652
599,274
It's a violation of the lease and I would immediately serve the tenant with a Notice to Quit. It sounds like this particular Landlord didn't care as long as he got a cut.
7,836,139
Tenants need to comply with the terms of their lease and the local regulations.
4,319,419
259,005
1,543,823
5,230,102
809,258
I've not jumped on the AirBnB or Uber revolution yet. I'm a little leery of both. -Kasey
634,482
3,988,007
I would follow the terms as outlined in the lease. Ours do not allow subleasing of any type without permission of the landlord. I am always super conscious of the liability.
2,684,109
Sub-leasing is probably not allowed in the lease. Many cities have regulations against AirBnb; check those first.
3,986,258
My lease does not allow any kind of sub letting. I woudl stop it in a heart beat
5,005,659
5,772,575
Santa Barbara is taxing these ventures and adding hotel and occupancy tax on top of it. And they have redefined short term rentals. A
5,216,409
Hopefully the properties do not have prohibitions against such rentals. Not a great practice in my opinion!
900,128
A good deal of AirBnB activity is illegal if it's in a rental or condo complex. Souds like your friend found an interesting business solution, bravo!