AirBnB Arbitrage --- Question about Someone using our land to Rent a Tiny H an Airbnb

[Keith Koch]

Greetings! We have a piece of property in a tourist place. Someone built a tiny house and is renting it out on Airbnb.

I can't seem to find anything online that gives examples of agreements that people who "arbitrage" properties that are not theirs on Airbnb.
Can anyone forward me some examples of profit-sharing. Or can suggest some templates or advice as far as negotiating a deal where we get a % of the profits for this. We want to do it peacefully, but we may have to use leverage to shut-it down otherwise.

We are trying to work out a deal where they do profit sharing. They don't seem to be open to the idea and it is creating some tension.

The airbnb is up and running for two months is being rented out consistently. They are only paying a fixed rental amount. We are finding that this is not working for us, as there is a lot of impact on the land that wasn't accounted for originally, like landscaping, road impact, trash removal, and generally just keeping up with things at a guest level. 

Thanks!

[Michael Baum]

Hey @Keith Koch, Ok the arbitrage people should be paying to keep up the lawn, taking care of the trash etc. If they are not, then they gotta go.

@Nathan Gesner said it best. If you want to keep them on after Aug, do a much more solid agreement with all of the details spelled out.

Tell them you gave them a break for the first year so now it is time to step up. Make sure they are on all the maintenance and paying that 25%.