Anyone had any luck getting your landlord to agree to let you rent your place on Airbnb while you travel? If so, what was the arrangement (pay higher rent, % of Airbnb income, etc.)?

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I'm a landlord, when my tenant asked I gave a hard no. The price premium I would've expected wouldn't have made it worth it to my tenants, and any lower I wouldn't be willing to take on the risk.

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No. 3 apartments over 8 years (I used vacationhomerentals b4 airbnb) and I've never checked with landlord. My bro used to pay off his doorman and super, but after 5 years, got kicked out.

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I would just do Airbnb myself and kick the tenant out instead of dealing with %s and middlemen.

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I should clarify that I actually own a house in Oakland. But I'm considering renting it out and moving into SF. But with rents for a decent 1BR at $3500/month, it's a bit steep. So my logic is: rent a place out for $3500 and then Airbnb it while I'm traveling for roughly $300/night. Was thinking of working out a roughly 50/50 deal with the landlord. So if I rent the place out for 15 days a month, that's an extra $2250/month in each of our pockets. If my tenant propositioned me with that offer it would be hard to pass up.

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As landlord, I have a specific clause preventing renters from doing that. Uncontrolled wear and tear, building issues, etc aren't worth it to me

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K1, most landlords don't because of zoning, insurance, maintenance, and taxes.

OP - for you the net outflow is still $1250 . Not sure how do you say "extra" ? Unless your Landlord says don't pay me the rent and I am okay with Air bnb ONLY . As a landlord , what incentive do I have and why you to be specific ?

You're essentially taking a property management position on a much more frequent scale. Airbnb won't get you the kind of premiums over a regular months rent to justify it (haven't done the math, just suspecting). If I rent my place for $1500 and pay 10% to a property manager, that's $1350 to me without lifting a finger. If you want to realize any kinds of savings, utilization would have to be really high wouldn't it

AC2: True my net outflow would be $1250 on the SF rental. However, as I mentioned I would be renting out my house in Oakland which would rent for about $3500/month. I'd actually have a net inflow of $2000/month once you factor everything in. As for the landlord, they would be collecting about $5750/month ($3500 rent + $2250 Airbnb), with $3500 of that guaranteed.

Seems like a compelling opportunity for the landlord. I understand it increases their risk and wear and tear on the property, but produces a lot of additional income for them. Just curious if anyone's had this conversation with their landlord and how it went.

^what he said. We outlawed it in my condo for this exact reason. Why would I beat all the risk as the owner while getting only 50% return?

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