Short-term renting is increasingly popular with tenants, especially since websites like AirBnB, VRBO, and FlipKey have gotten more and more media attention. These websites specialize in giving people access to low-cost short-term rental opportunities in other people’s homes, which is a wonderful concept if it is used properly—and legally.
The problem for you arises when your tenants decide they no longer like the terms of their legally-binding lease and take advantage of these types of websites without asking you first. Your tenant can easily list the property they rent from you as a sublet on these types of websites for any amount of time.
AirBnB, VRBO, and FlipKey users can easily list an apartment for short term renting, or even rent a room while they remain in the apartment or rental property. As the landlord, you must respect your tenant’s privacy, but they must respect your property. To prevent short term renting, it’s important they understand that, and that you understand your options.
To prevent short term renting, you can use the services of StopBnB, which monitors the rental activity of each of your units. While your lease is one safeguard, and even though you can defend yourself with legal action, tenants can be unpredictable and unreliable. Even if you take them to court, you may not win or the tenant might not be solvent enough to pay any damages. StopBnB keeps a close eye on their activity for you, giving you an easy-to-use interface and customizable plans to choose from.