Shanna Hall, I love selling houses!!!St. Louis, MO 314-703-1311 (Real Estate Solutions)

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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I've had great experience with it for my clients on the consumer side but, not the owner/landlord side! As Bob Crane mentioned, John DL Arendsen may be a good resource for you.  Good luck!

Apr 14, 2017 10:34 PM
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have an investor that uses Air BNB with great success. He uses it on about 10 rentals at the beach and rakes in the cash.

Apr 14, 2017 07:00 PM
Rainmaker
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Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

YES! Call my partner Melissa Day, she does!

Melissa Day, CIPS

Realtor with Big Block Realty, Inc.

619-922-1857

BRE# 01346902

Apr 14, 2017 08:42 PM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Shanna Hall - I am sure someone here has a right pointer for you.

Good Luck.

Apr 14, 2017 11:32 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I believe that John DL Arendsen did some research into these a while ago.

 

Apr 14, 2017 09:57 PM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Shannon,

Not a fan of either.  It has been a 50/50 feedback from those who have.  That is not good enough, like Paul S. Henderson, CRS, REALTOR®, .  When a pro is at the helm, it makes all the difference.  In Paris we rented an apt that was professionally managed...it was better than the best hotel in town in the right address with a lot of space of the two of us to spread out.  A

Apr 14, 2017 08:59 PM
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Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

I've had positive experience renting nice properties, once a luxurious VRBO home with a pool for my nephews and niece during a trip to Orlando. Selecting a good local management company is just as important.

Apr 14, 2017 05:04 PM
Rainmaker
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Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

There are both & I'm sure you can read online the horror stories as well as the good. 'Mini' renters I call them will treat your stuff like it's a budget motel.

Apr 15, 2017 05:37 AM
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

While I don't have any personal experience, most of the reviews I've heard from "tenants" I know have been positive but I know of no one who has been the "landlord".   This is a good forum to hopefully find some valuable insight. Good luck.   

Apr 15, 2017 03:23 AM
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Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I've rented from VRBO and the most disappointing part was how dirty it was...

Apr 14, 2017 08:05 PM
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Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

I think John DL Arendsen might have experience with both.  

Apr 14, 2017 07:50 PM
Rainmaker
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Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

I'm sure you'll get some good answers..no experience on this on my end.

Apr 14, 2017 06:51 PM
Rainmaker
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Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I've not had any experience with either, but I'm confident you'll have some great answers here...

Apr 14, 2017 04:45 PM
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I have heard mostly good things, a couple of issues was not leaving when rental was up and making a mess with a party. Suppose o be insured but cost my friend some money and time 

Apr 15, 2017 05:51 AM
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

No personal experience... but I'm sure there will be a few people in the Rain who do.

Apr 15, 2017 05:16 AM
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

i have not heard of much good about either

Apr 14, 2017 08:24 PM
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

No experience personcally but have both can be successful, but mixed reviews. They are cracking down on these in some communities here

Apr 14, 2017 07:34 PM
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

VRBO is very positive for me. Not so much with AirBnB.

Apr 14, 2017 06:23 PM
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FN LN
Toronto, ON

You may want to use Bing to search for issues from the owner's viewpoint.  Some jurisdictions have licencing or other regulatory issues or do not allow them, the rules of some condos may not allow it, you should check into income tax, sales tax, personal property tax, property tax and other types of taxes, look into insurance implications.  I have also seen articles in the media about some other issues that people have had, for example, experiences with those who they have rented to.

Apr 14, 2017 06:05 PM
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker
Apr 16, 2017 07:23 PM
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John DL Arendsen
CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments - Leucadia, CA
Crest Backyard Homes "ADU" dealer & RE Developer

Hi Shanna Hall Yes, we own a number of vacation rentals along the North San Diego Coast and they have been excellant investments for our passive income portfolio. 

I just throw a little caution to the wind. Many communities have restrictions and even prohibitions about vacation rentals so you really need to do some due diligence before you get too committed.

Oceanside, CA is very proactive and embraces both VRBO and Air B&B as well as just about any other type of vacation rental that meets their criteria. However, you must follow the rules and regs regarding permitting, licensing and transient occupancy taxes aka TOT (daily rack rate tax)

That stated there are several other coastal cities and communities that are vehemently opposed to it and are starting to implement some stringent restrictions and guidelines.

All in all we use both VRBO and Air B&B as well as booking our own reservations for friends, relatives and regular clients. If you're in a community that is vacation rental friendly go for it!

 

Apr 15, 2017 11:41 AM
Rainmaker
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Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

We have used both as vacationers and it worked out very well.

Apr 15, 2017 08:13 AM
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Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

We have used VRBO, as tenant,several times with good luck.

Apr 15, 2017 06:17 AM
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I do not.

Apr 15, 2017 12:36 AM
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

 Shanna, nice to see your face in the Rain again.  Best of luck, sounds like you have some wonderful answers here. 

Apr 17, 2017 11:38 AM
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Julie Larson Realtor® Sarasota FL 941-882-0322
PalmerHouse Properties Florida - 941-882-0322 | Serving Sarasota, Manatee & Charlotte Counties - Sarasota, FL
When you're thinking of moving...ThinkSuncoast.com

You'll need to check with the local governing bodies, but I've heard good things about both VRBO and AirBNB.

Apr 15, 2017 01:43 PM
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Sorry, no experience there.  Just check your local state tax laws to see if taxes need to be collected/paid for those.

Apr 15, 2017 10:15 AM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I know some people who have used Air BNB and have had great experiences. I do not have personal experience.  

Apr 15, 2017 09:09 AM
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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

You reviews matters.  Positive side is more visibility. In our area it was the Superbowl game that drew people to search. The downside is you have to pay to these sites.

Apr 15, 2017 07:25 AM
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

No experience but prefer local representation!

Apr 15, 2017 07:16 AM
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I like the answer by Debbie Reynolds

Apr 15, 2017 05:38 AM
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Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Praful Thakkar nailed this one!

Apr 15, 2017 05:22 AM
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I've had some OK experiences with VRBO.  I've never used Air BNB.

Apr 15, 2017 05:20 AM
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Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

that is a personal choice

Apr 15, 2017 05:20 AM