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Is Your Tenant Listing the Property on AirBnB? Could Cost you A lot!

Is Your Tenant Listing the Property on AirBnB? Could Cost you A lot!

With websites such as Airbnb exploding, unscrupulous tenants have been causing landlords a lot of problems and costing landlords a lot of money. Many cities have ordinances that prevent short-term renting. A debate about whether those laws are good for the community or bad it’s for another article. But they exist and landlord needs to be wary.

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The Squatter Takeover

SQUATTERS: a squatter is someone who is in the rental property or asserting a control over it, but did not have an agreement with the owner or other tenants of the property to do so.  Typically, this is someone who either breaks into the property or simply sees a property that is vacant and walks in and assumes it as their own. Sometimes, they will get the power company to open an account for them, and they will have full utilities in their name.  And sometimes, they will cut into another properties’ power source and steal it.  

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