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5
Posts
1
Votes
Casey B.
  • Developer
  • Philadelphia, PA
1
Votes |
5
Posts

Pope Francis and thoughts on Airbnb

Casey B.
  • Developer
  • Philadelphia, PA
Posted

I thought I'd broach the topic of Airbnb since it's become a pretty popular topic in my area as of late. The pope is coming to Philadelphia in under a month as part of the world meeting of families event and Airbnb prices have shot through the roof as a result of the impending mass attendance for this event. I currently rent (new to investing and looking to by my first house when my lease expires) and my 3 bedroom townhouse could easily fetch over $1000/night for the week. My landlord won't let us rent the place out which I completely understand since It's kind of a high risk/low reward scenario for him. My main question here is: would there ever be a scenario in which any landlords would consider letting their tenants use Airbnb? Perhaps if the profits were shared?

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