Hello Everyone,
This is our first year doing Airbnb. It has definitely been trail and error. My husband and I decided to lease out apartment units (in our business name, to keep it professional and legal) and our goal is to have 10 units by the end of the year. Well, I am not seeing how this is going to work, at this point. We currently have 5, and would have had 7, but was told that we breached the lease agreement because we had it listed on Airbnb. They told us that "it's okay to have your business clients stay, but you can not list it on Airbnb". Well, I am not knowing what to do at this point. We put this in our business name, because they told us it was okay to sublet, if it's in our business name. This has put us out of a lot of money, because when they put you out, they charge you for 2 months additional rent.
Has anyone else had this problem? Is it better to acquire houses instead of apartments?
Thanks
Monique