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Updated 10 months ago on . Most recent reply

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Michael LaMorte
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Airbnb Renter is Doing Arbitrage - Now What?

Michael LaMorte
Posted

Hi Everyone, 

This is new to me. I have a vacation rental which it’s the off season and I accept rents at a lower rate. I’ve had a tenant through Airbnb which has extended her stay twice (each a month) and has been giving feedback as to how great it’s been.

I come to find out (via a lead paint inspection and going down to check on the property) that she is 100% doing rental arbitrage which was not approved by me. I have seen 4 different sets of people and maintenance team said they saw others to.

My question is now what? I do not have a Ring camera (buying one now) and when I reported it to Airbnb they basically said if I can’t prove it there is nothing they can do.

Any suggestions?

Mike

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Bill B.#1 Real Estate Deal Analysis & Advice Contributor
  • Investor
  • Las Vegas, NV
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Bill B.#1 Real Estate Deal Analysis & Advice Contributor
  • Investor
  • Las Vegas, NV
Replied

Live with it for 6 days until the end of the month and then raise the rent 30-50% or just don’t renew. I  Hate that they’re liars but most arbitragers are. Hopefully Airbnb’s insurance would still cover you. At least not as bad as someone scamming you on an LTR. Good luck. 

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