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Airbnb: 3 Pros and 4 Cons for Multifamily

Airbnb: 3 Pros and 4 Cons for Multifamily

Airbnb: 3 Pros and 4 Cons for Multifamily

Have you used Airbnb yet, either as a vacationer or a person renting out your home? According to the site, there have already been 60 million users, so chances are you have. I mean, I haven’t, because I like getting my towels cleaned every day and stealing hotel-branded pens, and also I think I would get creeped out when surrounded by some stranger’s family pictures while I’m trying to go to sleep, but, what can I say, I’ve always been a rebel.

And it’s not just single-family homes that are being rented out. Now multifamily is slowly, tentatively exploring the possibility of maybe getting in on the Airbnb action, as MHN recently reported.

As a property manager, should you allow residents to participate in Airbnb or use the service yourself for vacant units? Lets look at some pros and cons.

Click here for the full story: Airbnb: 3 Pros and 4 Cons for Multifamily

 

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