All Forum Posts by: Sonia Peak

@Michael Bowie that’s helpful information. Thanks so much for sharing!

@Michael Bowie thank you, it's great to hear that it's working out well for you! It does seem hard to find landlords open to this type of venture, but I really think it can pay off for everyone involved if it's done right. Are you subletting SFH's or condo/apts?

Thank you, all, for your replies. Can you explain in more detail why you feel this is such a risk? Can’t these details be addressed in the lease agreement? I feel like it poses less risk to the landlord, as we would take the responsibility in making sure the rental property stays in pristine condition. I also feel like the landlord could benefit by receiving a higher monthly rent premium or percentage of the profits received.

We are beginner real estate investors (Phoenix area), and we want to get into the STR / vacation rental market. I have read that many people do “sandwich leases” or “sublet agreements” on a lease in order to turn around and list in on AirBNB for profit. This interests me, because it would be nice to try out a certain area to see if it’s profitable before creating a higher risk situation by putting a bunch of money into purchasing a place. My question is: 1) how do you find landlords willing to allow you to sublet as a STR? 2) has anyone had luck sending letters/emails with a proposal to a landlord? Any advice is appreciated. Thanks!!