Reply to AirBnB in Basement of our home rental

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[quote=Anonymous][quote=Anonymous]Sounds like a poor plan.

Not having a basement will reduce the rental rate of the main portion of the house that husband is hoping will be made up on the short term rental part.

I don’t know what your house is like, but generally [b]there isn’t a lot of money to be made in renting single units/duplex’s. The nominal rent dollars are just small - might make a few hundred bucks a month or something.[/b] So, having said that, how much additional $ does he expect to bring in running an Airbnb out of the basement vs including the basement in a long term rental? I bet not much. Maybe it makes less money than if operated as one long term rental. Running the Airbnb will mean he needs to deal with the property pretty much constantly.

The logistics of it probably aren’t great either -
- are you planning on submetering?
- where’s the laundry?
- where are the mechanicals?
- does zoning allow for an str? Do you need to make modifications to the unit for code reasons?

Big picture sounds like a lot of hassle for not much payoff[/quote]

Not the OP, but I live in Bethesda and basement rentals/or a room for rent inside of a single unit still go for big money -- tenant's are charged anywhere between $1000 - $3,000... not a few hundred dollars.

Here are a few examples.

https://www.apartments.com/10221-tyburn-ter-bethesda-md/qbwb56z/

https://www.apartments.com/5106-bradley-blvd-chevy-chase-md-unit-5106-bradley/zbbnnsx/

This one is on the NIH list that I mentioned in my previous post about temporary assignments at NIH, Walter Reed, etc for $1,650.

https://www.samslist.us/nih-area-samslist/newly-renovated-basement-in-potomac/

This link has ALL rooms for rent for a  ROOMMATE situation in Bethesda, inside of a private home, and they're still all between $1,000 to $2,000.

https://www.roomies.com/rooms/bethesda-md/basements

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