Renting a house on a yearly lease and using it for AirBNB

[Jason Blasenak]

Everyone,

Does anyone have experience renting houses on yearly leases and then turning around and using them as an AirBNB?  I know that you would have to get the owners consent written into the lease and you would have to secure short term rental insurance.  My other question is would the landlord have to acquire the insurance since the titled property is not in your name or can you still obtain short term rental insurance if you do not own the property.  Any insight would be greatly appreciated to see if this strategy is a viable option.  Thanks!

[Thomas S.]

As long as you understand that you are going into partnership with your landlord and he is receiving compensation above the standard rent then anything can be worked out. If you believe you can do it without directly involving th elandlord with financial compensation better hope you find a real dumb landlord.

Money talks.