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Updated over 2 years ago on . Most recent reply

Emily Oquendo's profile image
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Emily Oquendo
  • Member since Dec 22, 2021
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Emily Oquendo's profile image
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Emily Oquendo
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Emily Oquendo
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Short-Term & Vacation Rental Discussions

Sublet and Short Term Rental

Emily Oquendo
Posted

Hi, my fiance and I are new to real estate investing. We just purchased a home in upstate NY. We aren't ready to start short term renting and are looking for regular long term renters. An agent has a potential renter that asked if we would be willing to sublet while they make it a short term rental. We would get a percentage of the profits plus our rent. Would anyone have any input as to the pros and cons of this? Is this just a bad idea? Thanks in advance! 

Upstate New York, New York
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