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Updated over 1 year ago on . Most recent reply
Renter placed my property on airbnb
Hi I have a multi-family2 unit property in Houston, Tx . Not sure what or if I should do anything. I use one side for an airbnb myself. I rent the other unit out. I have a renter, the gentleman that was listed is in his 70s. I thought it was strange for a 70 year man to want a 3 bedroom 2 bath unit with all of the bathroom being on the second floor. I rented the place to him because he met the requirement for the rental income. I have since notice that he had not once visit the property (a younger couple comes by) and I now see the unit listed on airbnb. In the lease agreement it states the property is to be use for personal use by the renter only. I will say that the unit I placed on airbnb does not make more than what I could rent the unit. I am concern that my unit will have to compete for listing on airbnb with a unit I plan to rent out. Should I say anything to the renter or just let it be as long as they pay the rent every month. I plan to stop airbnb my unit next soon and likely will rent it out.
Most Popular Reply
Hell nahhhhh
He's violating the lease - you have the lease written for a reason, right? He's essentially increasing your liability tenfold then placing all the risk on you
And now you KNOW about it
Seems like this has the potential to get messy for you. For that reason alone I'd out a stop to it
Now - I don't have a problem with the strategy or getting paid in full every month. But the lease need to be amended or re-leased to accommodate for this new use