I think that’s a great idea! We stayed at this place in Nashville a few years back and I thought it was a really cool model.
Last time I was in Charlotte I stayed at their Skyhouse and I feel part of that is managed through an Airbnb-related ‘host’ called FRONTDESK. I could be wrong on their affiliation with each other however…
Couldn’t help but laugh after I clicked on the link when I saw there was a ‘luxurious’ apartment complex called the SoBro in Nashville
SoBro needs to be a bar off Glenwood S.
Short term rentals just make a boat load of money for investors even though it’s unpleasant for neighbors and puts way more abuse on the property. If you can make $2k a month renting long term, you can make probably make 3-4x that consistently with short term renters
That said, because of terrible renters there’s also now many terrible hosts and I think that’s slowly killing Airbnb. People are realizing they’d rather know the total cost and not have to do chores on top of paying that cleaning fee and risk being spied on by hidden cameras. Properties owned by folks who have no business trying to run a hospitality business will lose bookings. I tend to think the looming recession will speed this process up even more.
I actually had a few neighbors that were/are Airbnbing the downstairs of their townhouses to subsidize their mortgage costs.
Mostly ok. Sometimes very nice people. Sometimes sketchy characters. Comes with the territory of Airbnb rentals.
Weirdest thing we encountered was a clear case of prostitution where the “Johns” were coming and going all day.
Airbnbs in residential and OX zoning aren’t allowed to be used for gatherings or events of any type. I think it’s two violations and they loose their business license. They’re also restricted by noise ordinances.
Wasn’t sure where to post this, so I figured I’d post it here. According to KRON 4 (YouTube Link), there were 61,000 empty homes in San Francisco. I wasn’t sure if this includes Airbnb rentals, but I am curious how many vacant homes there are in Raleigh. This includes rentals of apartments where the renter actually lists their unit as an Airbnb. I’ve seen multiple units listed within Raleigh that are actually apartment complexes. Could explain why apartment rents are higher in quite a bit of areas. Wouldn’t mind a crack down on those (assuming that it helps bring rents down).
Also adding in a link I found that Charlotte may have (not sure if it passed because I just found this) passed laws that restrict short-term rentals earlier this year.
It looks like 23,000ish, per the Census, but I don’t know why people think this is unusual. Houses can be vacant for lots of reasons, almost all of which are humdrum, and which I detailed in this article:
Here’s the breakdown for Raleigh specifically. As expected, most of the vacant houses are just between renters/owners. There are a grand total of 629 vacant vacation houses in Raleigh, which might sound like a lot but it’s out of 215,000 houses. That’s three out of every 1,000 houses.