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Updated almost 5 years ago on . Most recent reply
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- Rental Property Investor
- Tennessee Florida
- 5,686
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You know what short term rentals don’t have? EVICTIONS
All this talk about evictions being taken away by the city of Seattle and even my own LTRs in a very landlord friendly area has no court dates until who knows when....
It makes me love my vacation rentals a little bit more.
There’s no lease!
If a guest tries to over stay their welcome or is doing something stupid like blasting music from the hot tub at 3am.... you call the cops and have them removed. Simple as that.
In the past week my smoky mountain cabins have filled up so fast I’ve raised my rates 3 times.
***(note for noobs) if you let your guests stay longer than the legal limit without a lease they of course become tenants with rights (28-30 days). In my market the average stay is 3-4 nights.
Most Popular Reply
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- Real Estate Broker
- Cody, WY
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Good point.
You know what else doesn't have evictions? My 350-ish long-term rentals! The last time I evicted a tenant through the court system was . . . (drum roll, please) . . . 2014!
I've done many evictions to help rescue Landlords that have dug themselves into a hole, but I've not had to evict a tenant that was selected and placed in a rental by my office. The big reason is that I treat my tenants professionally without throwing emotion into the mix and ramping them up, I document everything, I know the law, and I have policies and procedures in place to act quickly when trouble arises.
Now that I've bragged about it, I'll probably have an eviction soon and ruin my record! LOL!
- Nathan Gesner
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