Monthly payments for long term guests

[Michael1003]

I have a potential guest requesting to stay for 6 months, and is asking if there is a way to have her pay me monthly as opposed to big lump sums. Can anyone help me to set this up?

[Jann3]

AFAIK The guest can book for 6 months if your calendar is free for 6 months and you allow long-term bookings. AirBnB automatically charges them every month a few days before the beginning of the month. You get the money shortly thereafter.

[Christopher610]

Could someone elaborate on what is meant by beginning of the month?

What if the long term rental starts in the middle of the month? Will I get half (prorated) of a month the first month? I.e. how will the payouts be structured?

[Jann3]

Just remember, in certain areas a long-term guest (beyond 30 days or so) becomes a tenant and you must treat their "exit" a bit differently. Make SURE you check into this in your area. I know CA is strict on when a guest becomes a tenant.

[Michael1003]

Can you elaborate on this please (long term guest exit)?

[Jennifer--And-My-Brother0]

I really want guests who become legal monthly roommates because that is why I signed onto airbnb for the duplex.  We got blacklisted by brokers and now we are blacklisted by a roommate sharing site who objected to our wanting to be paid through the airbnb portal which the prospective roommates had no problem doing it but now they are sending us messages that our ads are expired and can't be seen. 

[Jessica-and-Henry0 · Accepted solution]

@Michael1003

You will find most of the information you are looking for at the Airbnb Help Center. 

https://www.airbnb.com/help/article/285/how-are-long-term-reservation-payouts-processed

https://www.airbnb.com/help/article/245/how-do-i-pay-for-my-long-term-reservation

https://www.airbnb.com/help/article/1361/how-do-changes-and-refunds-work-for-long-term-reservations

I had a guest with a 4-month reservation recently, and had no problems with recieving the monthly payouts 🙂 

Also @Jann3 makes a good point about the "tenent" or "residency status" which you should look into. In my case, this is one of the reasons why I prefer to host foreigners only for long term reservations. 

[Elizabeth438]

I have been hosting just  for three months or so.  All my experiences with short term guests has  been wonderful and got 5 stars.  Here comes this woman who wanted to rent for more than a month explainin she and her husband are students at a local university.   She asked  me to reduce fee since they will be staying until january 2018.   I had a long conversation with her about how my property is very poplular and has been rented the whole time and did not wish to reduce fee.  She was to say the least, very pusuasive and begged me to reconsider.  I looked at Airbnb policy regrading cancelation and it requires the guest to give a month notice before they break the commitment.  The individual came to see the place and said she can't wait to move in and I agreed to let her get her wish.  For twenty eight days she had no complaints and on the 29th she texts me to let me know they are leaving  in two days  because the place is not big enough for both of them.  I was stunned to say the least  and since I was getting paid at least $300 less per month and made this arrangement it was  a shock.  I  advised her about the 30 day  cancelation policy and she should contact Airbnb  to discuss this.  After a  weeks of back and forth including her marching to my house demanding to release her from her obligation, i finally severed direct communication and let the company handle her.  Airbnb assured me  that the payment will be coming to me soon.  Today  I was told she was in non compliance and had put a hold on her bank card.  What? I say incredulously, where is the promice to be paid for the full amount.  The automated system alerted me to this fact and if I wish I can cancel her reservation without being dinged!  She also wishes to stay another week until her other place is available.    I with Airbnb help have canceled her as of today and she  has to leave my property.  The moral of the story is please do not accept long term reservation ( more than three weeks) if you do not know the individual and did not  get a  security deposit.

This person is a young entitled individual who used me for cheap rent while waiting for another property to be available.   Luckily for me, as soon as we released the unit, i was able to book without waiting.  Airbnb was very helpful in resolving this unseen problem and I have learned my lesson.

elizabeth

[Ana1971]

That's a rough ride right there! Sorry that you had to endure the schemings of a person of low-moral character. Some people have no shame. We are glad that you came out of it relatively unscathed and thank you for sharing this story with us. We are facing a situation now with a guy that wants to stay nearly four months and only has one ABnB review. It makes us a little nervous as his 'story' doesn't seem to have much 'meat' to it.

[Christopher610]

Could someone elaborate on what is meant by beginning of the month?

What if the long term rental starts in the middle of the month? Will I get half (prorated) of a month the first month? I.e. how will the payouts be structured?

[Jeff158]

@Christopher610 payments are monthly from the check in date.

If your guest checks in on the 15th, the month runs from the 15th to the following 14th and so on.

You'll get a months payment released to you on the 16th of each month, incl the 1st month.