Friday, August 23, 2013

Airbnb Plugs the Hole

So you've read of Airbnb landlords getting some stick from the big cities. If you want to have a tenant for less than a month, you need a hotel license. Most communities say the minimum lease term is a month. Nice - so why not just set the price low and claim the guy is renting for a month and then kick him out after a couple of days (the real stay) for "bad" behaviour?

What's new? Airbnb will buy a limited number of hotel licenses and "sell" them to you when you need to let a guest stay for less then a month. So simple and worth hundreds of millions of dollars.

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