Long term vs Short term rentals

[Michael Riba]

Hi everyone

I'm kinda new to posting here so please bear with me.

I have a 3 BR house in Ventura County, CA (Simi Valley, to be more precise), which I have been successfully renting thru Airbnb. At the moment, I'm restricting stays to a maximum of 29 days due to the legal definition of "Short term vs Long term" in California.

Because I've been getting inquiries, I would like to entertain longer stays, if possible. Some of these inquiries are coming from insurance companies which need to relocate their clients temporarily due to repairs being made to their own homes. 

I absolutely don't want to get into the situation where I need to "evict" a tenant because they've stayed for more than 30 days.

Any advice here would be welcome.

Thanks y'all

Mike

(BTW, I stated the location as Los Angeles county even though the property is in Ventura county because the website would not let me show it as Ventura county.)

[Drew Sygit]

@Michael Riba we've done MANY temp insurance placements and never had a problem with a tenant staying without paying and needing to be evicted.

They all want to move back to their original homes!

Now, in our experience 100% of these leases extend. The insurance companies ALWAYS & DELIBERATELY underestimate the length of stay. 

It's never been an issue because the insurance company pays and they pay 20%+ premiums over standard LTR rents for a given area.