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Updated over 4 years ago,

User Stats

7
Posts
1
Votes
Amy Martin
1
Votes |
7
Posts

How to lease and allow tenant (daughter) make money through STRs?

Amy Martin
Posted

My husband and I are trying to help our daughter earn some money. She has some experience doing Airbnb, so we were thinking to rent one of our properties to her, and then let her fix up and furnish the place for short-term/corporate rentals. I know Airbnb doesn’t require a contract, but what if she were to do a corporate housing rental for a few months or even a year? Would we have to sign a lease with this tenant ourselves, or is this an agreement/contract that she would sign with the corporate housing tenant?

As you can probably tell, we are not very familiar with how short term rentals and subletting works. We’ve always previously banned them in our leases, but this would be a different situation with our daughter, so we just wanted to make sure we’re doing this correctly! We are located in the SF Bay Area (in case that makes any difference).

Thank you for any advice on this.

Amy

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