3 ms·
I think that's a very sensible compromise. I own a duplex in a multi-family, and thought about renting out one floor (which might come across as a separate apa
by mancerayder 10y ago
I think that's a very sensible compromise.
I own a duplex in a multi-family, and thought about renting out one floor (which might come across as a separate apartment in photos) on an occasional basis for extra money. That's very different from a vast enterprise that's doing it at scale. Unfortunately, New York laws have a tendency to affect the small and the large equally, despite the fact that the latter have a lot more financial buffers as protection and the former is more exposed to risk.
That said we can still rent it out for 30+ days at a time, legally.
- fencepost 10y agoBe careful about that as well - I'm pretty sure that in a lot of cases 30 days is the trigger point for a lot of tenant's rights issues such as having to go to court to try to evict someone who stops paying rent.
- URSpider94 10y agoYup, after 30 days they are a tenant. You then need to give them 30 days' notice to terminate their lease, have to go to housing court for evictions, etc.
- mancerayder 10y agoDoesn't AirBNB make it easier to screen people who do this sort of stuff? I wonder why I was downvoted. Because I said I'd rent my place out legally?