› Flat Chat Strata Forum › From the Front Page › Opinion: Why landlords switch rentals to Airbnb › Current Page
very well written and I totally agree with her analogy. I have just switched one of my rentals to STR. after having a tenant live in my property for 7 years, suddenly he stopped paying rent. Took me 2 months of no rent before NCAT issued orders to get out and repay $12k in back rent. Didn’t pay. He left the property with all his stuff in it and sent me a message stating that he left his $3k TV behind as payment for the losses. NCAT delayed the process by 4 weeks because tenants claimed they were sick on the day of hearing, so they got another 4 weeks rent free. Absolute joke. What I love about STR VS LTR is if you have a problem with a person, STR are leaving the next day whereas the LTR takes months to get rid of them. Until you have been put in this position then you don’t realise why landlords are switching. This is why I switched and loving that I now control my property investment. When all my other properties leases end, I’m switching all of them over to STR.