AirBnb and short term rental

[Gael Yimen Yimga]

Hi BP people. Let suppose you have a property that is not renting out. Is it possible to do AirBNB in a property that you are not living in ? What are the implications ?

[Paul Sandhu]

@Gael Yimen Yimga

Refinery contractors come to my town for work.  They travel.  I get a chance to meet them with my day job before they start work.  I tell them what I have.  Furnished houses with all bills paid.  Full kitchens and a washer/dryer.  2 guys can spend $400 a week and stay in a motel.  3 guys can spend $600 a week and stay in a furnished house.  It's  a no brainer.  I take a group of 2-12 people and show them available houses suitable for their group size.  They pick the one they want, they pay me, I give them the keys and the wifi password.  I come back a week later for the next weeks rent.  When they leave, this lady goes over to the place and cleans it for free.  She also sleeps with me.