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Now my question is will owners be allowed to specifically write into lease that tenant cannot sublease through an arrangement like what they do with Airbnb?
I am on the horns of a dilemma and would like to do some travelling but I know the cost of hotels is SOOO prohibitive. I would like the idea of switching apartments with someone in London, Paris, Berlin, Vienna for a month or two and I have a decent accommodation that would be a fair trade. But I am petrified of coming home to a trashed apartment.
I would treat any place that I go like it was my own, but if I came home to a wreckage, I'd be shattered. I don't have much but I like it.
Has anyone ever done a short term apartment switch?
Unfortunately renting out your place to others while you're absent you run a high risk of coming home to a wreckage. It's one thing if your apartment doesn't have much stuff in it and you don't really care what happens. But if you're really worried about a wreckage you just shouldn't do it. It's not like you would be able to sue them.
Someone like you should probably only do apartments swaps with people you KNOW and TRUST.
But really, if AirBnB is getting big somewhere, does that mean there is too much demand for hotel rooms, and a lack of supply of them?
Decent hotel room rates per night in NYC especially Manhattan below 125th Street are expensive. Even dive and cheap hotels in suspect areas cost dear for what they are. Then there are the fact NYC and NYS has some of the highest hotel taxes piled on top.
Airbnb and similar listing services aim to succeed by creating a virtual bed and breakfast network. Persons rent out portions of their homes and or share/allow others to use their apartments/homes when they are away. The cost is less than staying in even a cheap hotel and guests have all the advantages of staying in a private home (fridge, use of cooking appliances, etc...) which saves even more.
Decent hotel room rates per night in NYC especially Manhattan below 125th Street are expensive. Even dive and cheap hotels in suspect areas cost dear for what they are. Then there are the fact NYC and NYS has some of the highest hotel taxes piled on top.
Airbnb and similar listing services aim to succeed by creating a virtual bed and breakfast network. Persons rent out portions of their homes and or share/allow others to use their apartments/homes when they are away. The cost is less than staying in even a cheap hotel and guests have all the advantages of staying in a private home (fridge, use of cooking appliances, etc...) which saves even more.
So the AirBnB rooms are cheaper?
I ask because my company have some beef with someone using AirBnb. I imagine she wants to profit off of it, but she started sending us rent checks every month that was around like $1500 more than her rent, and here rent is close to $3000
I ask because my company have some beef with someone using AirBnb. I imagine she wants to profit off of it, but she started sending us rent checks every month that was around like $1500 more than her rent, and here rent is close to $3000
If this tenant is RC or RS it is against the law for him or her to profit from subletting no matter the duration. Such actions can be grounds for lease termination.
Why someone would pay more than their rent each month is a mystery to me at least. Can see if one is going away or something for a few months and wishes to make sure the rent is current, but still. All major banks offer bill pay via online so it is quite easy to send in the rent from anywhere with computer access.
Many landlords do not want the accounting hassle of dealing with excess rent. Sending in thousands per month in excess of rent would also raise questions in my mind at least about money laundering. By that one means is this AirBnB money properly reported on taxes.
If this tenant is RC or RS it is against the law for him or her to profit from subletting no matter the duration. Such actions can be grounds for lease termination.
Why someone would pay more than their rent each month is a mystery to me at least. Can see if one is going away or something for a few months and wishes to make sure the rent is current, but still. All major banks offer bill pay via online so it is quite easy to send in the rent from anywhere with computer access.
Many landlords do not want the accounting hassle of dealing with excess rent. Sending in thousands per month in excess of rent would also raise questions in my mind at least about money laundering. By that one means is this AirBnB money properly reported on taxes.
This person feels that if they pay more, it will entice us to allow her subletting to continue.
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