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Updated almost 2 years ago on . Most recent reply

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21
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Jenny Scott
  • Alpharetta, GA
8
Votes |
21
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Is this a valid alternative for my vacation cabin?

Jenny Scott
  • Alpharetta, GA
Posted

I have a vacation cabin in mountains that our family used to go pretty often for summer break, vacations and holidays. But now we go there less and less often, we are thinking about if there is any way to use it to bring in some extra income to cover its cost.

So my husband kinda think about turning it into an airbnb business, but we don't really want to (or more accurate, not capable of) handle daily guest check in, cleaning after each stay etc. And we do not want to sell it either, because it is always nice to have a spot for vacation.

Then my husband cames up with another idea, kinda like time share, but not exact. Basically, we can find a few similar faimies (renters) to share/rent that cabin. For example to have a 12 months lease with 4-5 familes each pay 5k to allow them stay in cabin for up to 2 month for this whole 12 month period, as long as there is no time conflict.

I like that idea, because we still has the place and we can go there as we need and we don't need to do cleaning. Other family also can go whenever they want and they will do cleaning after each stay, just like a long term lease.

So, do you guys think if that is do-able? any potentail problem down the road?

I also heard some people saying the county might put some ristrction on airbnb in that area, If that comes true, that should not affect me if I do it in this rent share structure, right?

Thanks

Jenn.

Most Popular Reply

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
15,008
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12,371
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

You can self manage it without checking in guests or cleaning it yourself.

You have a electronic door lock with a code and you hire cleaners to take care of cleaning the house and guest turnovers.

  • John Underwood
  • Loading replies...