Lastly… Be wary of the what I call the “Instagram Get Rich Quick on A Property Owner’s Dime” asshats….
This is the class of asshole/bitches that try to rent a SFH from you pretending they are going to live there , and then after you sign a lease with them, they aren’t really going to occupy the SFH, but instead put it on AirBNB and Vrbo….
Someone i-generation asshat tried this on our Santa Clara home with us….The story didn’t add up and finally I got him to confess what he was doing. He was an engineer and wife still in grad school across the country that wasn’t going to finish in 8 months. For same odd reason he wanted to rent a $4300/month SFH in the bay area despite being single and his wife (he states) won’t be done in grad school for awhile. I found that out doing a tenant screening on both of them and was curious why one was clear on the other side of the country…Which is why it’s important to screen EVERY member of that adult household who plans on occupying your property…
Ok, fine none of my business so I begin to write a lease contract, and he asks “would you mind occasionally if I have business associates stay with me at the hosue”… And I was like thinking why the hell would he make such a big deal about this…So I said, “none of my business if you do…”…
Finally I gave him the lease contract. Out of all the things I would have expected a tenant to argue over on a lease contract, he didn’t…except for one part of the lease contract…
“No subletting, no short term rentals less than 30 days, no airbnb, not vrbo. No occupancy by anyone not on the lease more than 4 days without approvals”
Then I get this guy arguing me over it. And finally I say, “dude, short term rentals are not allowed in this city..” And his response was “oh yes they are, Io already checked with Sunnyvale city and they said provided the landlord allows it, it’s fine”… This is where I went of my rocker and went off on him and said “First of all, if I wanted to turn this into an Airbnb, I wouldn’t want you to manage it. I’d do it myself, and cut you out…Second, you get an F- on intentionally being dishonest about what you were trying to do. You think I’m stupid or something? Third, absolutely no airbnb…” Then this idiot starts to try to persuade me “WE can make a lot of money off this. WE can work together on this to make it happen…” And by this time I was laughing my ass off and I said “there is no WE in this… This is MY free and clear house, MY property, MY insurance….Goodbye (and almost said go fvck yourself)….Since then ,it’s no problem because while that house didn’t have an HOA, the city did pass an ordinance that said no short term rentals…Good.
God, did I mention how much I hate social media get rich schemers?