The Airbnb business model relies on short stays and quick turnarounds. Renting: Rental agreement lengthĪirbnb allows hosts to use their homes as short-term or vacation rentals. But there are a lot of differences, including the length of stay, income potential, associated expenses, taxes and zoning laws.Īirbnb is different from renting primarily because of the length of stays (usually short) and the hosts furnish the rentals. It wouldn’t be surprising if you assumed that renting out a property on Airbnb and signing a year-long lease with a tenant is practically the same thing. How Is Airbnb Different From a Traditional Rental? Read our guide to help you decide whether you should try your luck with Airbnb or start looking for long term tenants. Whether you should rent your investment property to long term tenants or explore short term vacation rental options will depend on where you live and the type of property you own. If you purchased a second home so you can rent it out, you might be wondering if listing it with Airbnb would earn you more than renting it to a long-term renter. When you’re new to the renting game, all options are on the table when it comes to getting your empty investment property occupied and profitable.
0 Comments
Leave a Reply. |