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Updated about 5 years ago on . Most recent reply
Landlords Opinions on Renting To AirBnB Host aka AirBnB Arbitrage
Hi there, so one of the current trends in my local market, Bloomington, IN, is a lot of long term rentals being transitioned to AirBnBs/short term rentals. I have personally done both long term and short term and see benefits to both.
One newer method of running an AirBnB I have come across is "AirBnB Arbitrage", think I've see a few articles here on BP and from other resources as well. I have given this idea some thought and would love to try it out but I think one major factor is making sure the landlord is comfortable and feels confident enough to trust you, the AirBnB host, will pay the rent and take care of the unit.
My question to current long term landlords is what are some of the concerns or negatives you would see in renting your unit to a person/company who would plan to use it as an AirBnB?
I think there could be a lot of benefits for both parties but what negatives/or concerns would you have for renting to someone planning to run it as a short term rental?
Most Popular Reply
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I'm interested in doing it with one of my properties. I agree with @Kelly Votolato, you have to really protect yourself and make sure they're ironclad responsible for damages. You could probably charge a bit more to an Airbnb arbitrage tenant as well.