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Before you sign a lease, calculate your numbers, understand your market, and get written permission from the landlord. Want to learn how to start an Airbnb business without owning property? Follow me for more tips on co-hosting and rental arbitrage. 🏡📈 #AirbnbBusiness #RentalArbitrage #AirbnbSouthAfrica #Cohosting #PropertyManagement
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One thing I teach my salon suite owners is to understand the agreement you’re using with your tenants. 💯 A lease and a license agreement are NOT the same thing. Depending on your state and how your business is structured, a properly drafted license agreement may give you more flexibility when dealing with non-payment or removing an occupant. Don’t just copy something off the internet. Have a local attorney make sure your agreement actually protects you. 🏢🔥
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