Nikeeta Sriram, a homeowner in L.A., has been facing issues with a tenant who allegedly turned her property into a lucrative Airbnb without permission. The tenant, a Netflix executive, rented the property for $8500 a month but reportedly made $13,500 a month through Airbnb, causing legal disputes.
Airbnb is inflationary Tenant rented property for $8500 a month He illegally rental arbitraged it for $13,500 a month in Airbnb revenue A home’s value is based on how much an investor can cash flow it for Airbnb enables that number to go higher https://t.co/vfRf7qKp4X
The homeowner, a Netflix executive, thought he was the "perfect tenant" until she discovered her home was being used as an illegal Airbnb for at least 16 months. https://t.co/7yLdJGjEel https://t.co/zfKiI8YhJ6
Airbnb looks like it has a date with the low volume area around $135 per share. 🏡 $ABNB https://t.co/GhLxlky8Tf
Airbnb looks like it has a date with the low volume area around $135 per share. 🏡 https://t.co/Des2wjfB8K
The perils of renting through Airbnb. Great story by my colleague @jflem94 https://t.co/6NnYLNb9ER
For the last year, Nikeeta Sriram says she has watched helplessly as her tenant turned her L.A. home into a lucrative Airbnb against her will. https://t.co/FP0cYULufM
A renter turned a woman's L.A. home into illegal Airbnb, suit says - Los Angeles Times https://t.co/4nkamY13cE
From an article in today's LA Times about an owner trying to evict a tenant who has been illegally listing her property on Airbnb. Justice delayed in justice denied. https://t.co/wlQrJtAbzj
AirBnb, which pockets the booking payment in advance, and then pays the host later, saw a 125% increase in interest income with this Highly Profitable Trading Strategy As reported by @wolfofharcourt https://t.co/aH776lIOud advance https://t.co/RW7UXzodaA