Author Topic: Airbnb (Denver)  (Read 1821 times)

Abockey

  • 5 O'Clock Shadow
  • *
  • Posts: 2
Airbnb (Denver)
« on: December 23, 2017, 12:15:23 PM »
.
« Last Edit: December 25, 2017, 09:57:28 AM by Abockey »

lexde

  • Magnum Stache
  • ******
  • Posts: 2792
  • Age: 34
Re: Airbnb (Denver)
« Reply #1 on: December 23, 2017, 12:37:59 PM »
Without more information, this seems like a huge risk for a landlord with zero upside.

Long term leases for renters who are occupying the premises are low risk.

Short term leases are much higher risk and increase the likelihood of damage, vacancy, and turnover.

You are offering none of the stability and all of the damage and risk potential with this proposed arrangement. You aren’t planning to live there at all? And your credit score is subpar?

If people don’t like the space and don’t rent it on AirBnB, can you cover a year of rent on this second property?

What is this “speech” you’re giving to these landlords to try to convince them this isn’t a terrible idea? Are you offering significantly more money than an occupying tenant to make this deal more attractive?

I just don’t see someone agreeing to this proposition on the facts you’ve provided.

GoConfidently

  • Stubble
  • **
  • Posts: 244
Re: Airbnb (Denver)
« Reply #2 on: December 23, 2017, 12:53:28 PM »
Nope nope and nope. These landlords don’t want to own an AirBnB and they certainly don’t want to own one with a middleman who earns all the profit. This is a bad idea and the only good thing I can say is that you’re at least being honest about your intentions.

Abockey

  • 5 O'Clock Shadow
  • *
  • Posts: 2
Re: Airbnb (Denver)
« Reply #3 on: December 25, 2017, 09:59:32 AM »
I'm offering the landlords extra money, and I've seen plenty of other people follow this method before. I suppose I didn't mention the extra money. But thanks for the friendly "advice" here guys.