Anyone in SF Airbnb their place?

[Katrina Razavi]

Hi BP Community! Looking to connect with folks who Airbnb their property in the city of SF. Curious about

• What is the avg per night you charge?
• What's your vacancy rate?
• Is it a hassle to register with the city to do it the right way?
• Is it better than finding a longer-term tenant?
• What are the hidden costs I'm not considering?
• What are the hidden hassles I'm not considering?

Some context: I just bought an SFR, it's a single family house upstairs with an in law unit downstairs. Our plan is to renovate the downstairs to either turn the property into a duplex OR maintain the SFR and Airbnb the downstairs unit when renovations are complete

Any thoughts or opinions are welcome! Thank you

[Sean Walton]

I just sent you an email that Airbnb sent me. Supposedly they are making registration way more easy. I'm not sure i legalized f I'm-law units would be exempt from the 90max for un hosted stays

I do 30day minimums to be exempt from the STR law. It is probably less cash flow but way more passive.

I think depending on your area and price and if you have a system in place to do turnover the same day vacancy can be very low