All Forum Posts by: Pete Peterson

I'm looking to only lease my furnished home for 1 to 3 month durations during the summer. I don't know what kind of demand I'll get. This is an upscale home that will rent for about 8K. At what point in time would you scrap the 1 month minimum and accept 1 week rentals? Perhaps 3 months before summer? What percentage of renters want less weekly rentals versus renters who want 1 to 3 month leases from your experience? 

I spoke to a lawyer on the phone today who says that it's the same California legal process to evict someone whether they are less than 30-days or over 30-days.  Serve them notice, then they have 5 days to respond, then 20 days until the court hearing. 

I read that Los Angeles has a 12% on short term rentals. I also read that California has a 12% hotel tax. Does that mean that Air BnB renters are paying 24% to rent their place out??? 

If true then I think this notion that "if someone stays for more than 30 days then they have squatter rights" is a myth.

Talk to realtors who handle properties in your area. 

I want to rent my entire furnished home (Pacific Palisades primary residence) as a summer vacation rental in 2016. I'm trying to decide if I will aim to rent for 30 days of less or not.

The thing that really concerns me are these Liberal eviction laws that favor guests. What is the procedure if they refuse to leave? Do I have to go through that whole 3 - 6 month unlawful detainer legal process? Or can I just call the Sheriff? I read on the Internet what I thought said that when someone stays for 30 days or less, and their occupancy is subject to the state’s hotel occupancy tax then they are a “guest” and have no "tenant" rights. True? I read NOLO's California Landlording book and there was NO mention about short-term rentals. Waste of $30 for that book.