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Reply to "AirBNB in Arlington (or advice for new landlords)"
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[quote=Anonymous]We bought an older house in Arlington and intend to fix it up as a rental. We are considering all options -- full-time renter, 30+ day furnished rental, short-term rental. To AirBNB in Arlington the rules say you have to live there half time. Do people ignore that rule? Looking at the number of listings here, I can't believe that's actually the case. Is there a loophole to this I am missing? We won't lie, so if we can't do it, we won't, but I feel like I might be missing something because I feel certain a lot of AirBNBs around here no one lives in half-time. If we do a 30+ day furnished rental, what is the best way to find renters? I've seen a few companies that do this, but the percentage cut they take is pretty substantial. It's in a good location, so I think there would be demand for it. It's an older house and will be a little challenging to furnish because some of the corners are tight, also not a ton of closet space, which is why we think it might make the most sense to rent it furnished. Anyhow, we are new at this, so advice appreciated. Also looking for advice on anything else for a new investor, should we do it ourselves or create an LLC, etc. Should I talk to lawyer? Thanks[/quote]
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