Sentences with phrase «term rentals of»

Short - or long - term rentals of a spare room, entire house or a second home need insurance in case something breaks, is stolen or the home is damaged or destroyed.

Car rental merchants are defined as providers of short - term or long - term rentals of cars, trucks, or vans.

If the place that you want to retire also works for vacations, consider short term rentals of a place that you buy.

It covers, for example, long - term rentals of cars, furniture, and appliances, but not daily car rentals or leases for apartments.

Under New York State's Multiple Dwelling Law, short - term rentals of fewer than 30 days are illegal in buildings with three or more units, unless the owner is present.

In Miami Beach — as in New York, San Diego and many other U.S. cities — short - term rentals of the kind facilitated by Airbnb, VRBO, Tripadvisor and others are strictly limited.

Studio organizations are struggling to ensure ownership or long - term rental of the buildings they use, and the resolve put forward by City Hall might help solve, or ease, this eventually.

Currently there is no legislation in Ontario prohibiting or specifically governing the short - term rental of condo units.

The client should be advised that, even if it is not forbidden now, short - term rental of the property may be prohibited by future zoning changes.

A long - term rental of six months to a year, such as renting out your unused summer home or an investment property, will probably need a landlord or rental dwelling policy.

«In markets like San Francisco where there is a rental housing crisis and the city has limited the lawful short - term rental of property, Airbnb - type platforms cause confusion in the market,» says Jeffery Woo, real estate attorney and board member of the San Francisco Association of REALTORS ®.

So if a short term rental of 30 days or less is banned, then you have the guest sign a 31 day lease with an escape clause allowing them to abandon the property after 24 hours with no notice and no early termination fee.

Not exact matches

In a release Monday, Lyft and GM announced the expansion of their joint vehicle - rental program, which allows Lyft drivers to rent a nearly - new GM vehicle for the short -(or, occasionally, long --RRB- term.

An EPA watchdog's review did not determine whether Administrator Scott Pruitt stuck to the terms of a controversial condo rental linked to an energy lobbyist.

WHILE it's too early to gauge the long - term prospects of subscriber - based online DVD rental companies, the increasing number of new players entering the market suggests strong support for the idea.

The fine, as reported by the New York Times, was levied under rules issued last year that ban not only short - term apartment rentals, but even the advertising of such opportunities.

This is another element about Airbnb (and other short - term - rental services) that makes it different from other aspects of the so - called sharing economy.

The short - term rental site has pledged that its next board hire will be female, saying that it is already in «serious discussions with a number of incredible people.»

The commercial rental product line utilizes capital for the purchase of vehicles to replenish and expand the Company's fleet available for shorter - term use by contractual or occasional customers.

This service works exclusively with a selection of more than 850 curated and verified hosts around the world that offer stand - alone, family - friendly homes as short - term rental properties.

San Francisco's Office of Economic Analysis released a study in May stating that the city would see an economic hit of $ 250,000 to $ 350,000 per year per home converted to a short - term rental unit, according to Re / code.

Airbnb, which facilitates short - term home rentals, says it is seeing a spike in the number of reservations in rural areas.

Some of the more comprehensive lodging search sites now incorporate «nontraditional» options like vacation rentals and short - term shares, Frommer said.

Since GM's driverless cars are years away from hitting the road as part of Lyft's service, the automaker plans to provide short - term car rentals (for a day, week or month) to Lyft drivers in the immediate future, as well as lease financing through its GM Financial arm, said Ammann.

While the rental rate is important, especially the gross rate, the term of the lease can have a more significant impact on finances.

For instance, the homeowner needs to be able to evict the renter if terms of the rental agreement are not met.

Both metropolitan areas have said, for example, that short term rentals procured through Airbnb and VRBO are essentially against the law, as they cheat cities out of millions of dollars of tax revenues, but also because they aren't regulated the way hotels are, and could be fire traps or have other safety considerations about which hapless customers are not likely to be aware.

The letter details the senators» concern that while companies like Airbnb and HomeAway «spark innovation,» there's reason to be concerned that «short - term rentals may be exacerbating housing shortages and driving up the cost of housing in our communities.»

Airbnb followed up Chesky's tweet with a formal letter to the City of Los Angeles with a report that outlines how Airbnb can help «extend the capacity for the city» by bolstering L.A.'s hospitality industry with its own network of housing options, from shared rooms to short - term house rentals.

Arthur Warren IV, president of Benefits Advisors of New England, a $ 1 - million - plus employee - benefits consulting firm in Franklin, Mass.: «I started saving for retirement when I was 30, purchasing investment rental properties with the idea of accumulating long - term capital gains and tax benefits.

Knowing that short - term rentals were not allowed in this zone of the city, she checked Miami Beach records for any notices on the property.

The study found Airbnb had removed between 7,000 and 13,500 units of housing stock from New York City's long - term rental market.

For leases that contain predetermined, fixed calculations of minimum rentals, we recognize rent expense on a straight - line basis over the lease term.

«Owners who list their apartments for short - term stays essentially are removing those units from the rental market, reducing the supply of housing and pushing up the cost of what remains, according to the report [here].

The three Democrats sent a letter to the Federal Trade Commission in July «raising concerns about the short - term rental industry,» one of the hotel association documents said.

Airbnb found this out recently after dueling in the run - up to a San Francisco election over a ballot initiative that would have cut the supply of short - term rentals, affecting the company's business in its hometown.

«I expect the car rental industry to stay very competitive in the short term in both corporate and leisure segments,» said Doyle Gunnell, global project manager of ground transportation at Carlson Wagonlit Travel.

Gina Tsai, Airbnb's Head of Public Policy in Hong Kong and Taiwan, noted that the Japanese Diet has passed a new bill that supports short - term rentals nationwide and the new bill is expected to unlock huge opportunity for Japan's tourism industry, allowing more international tourists to experience the country authentically.

We are lucky enough to actually make a profit from AirBnB but it is a short term rental and there's a lot of activity required to maintain it as a vacation rental.

The companies that make this possible — behind, say, the ride - hailing app Uber or the short - term rental app Airbnb — are some of the most valuable startups in the U.S....

«Despite the fact that Metro Vancouver has one of the lowest vacancy rates, we're still the third-most affordable in North America, which would suggest that perhaps we've got some runway in terms of rental - rate appreciation,» Trepp said while leading a panel discussion on the office market.

We continue to see a strong rental income stream, we've monetized the owned real estate that we have, but we're also seeing a lot of opportunities to pick - up rental income streams through the buy - and - flip strategy that we're running that can drive long - term margin.

Notably, though Airbnb has been blamed for suppressing the availability of long - term rental housing in Vancouver, residents of the city's metro area are more positive than negative in their opinions of the service.

Likewise, residents of Metro Vancouver, the Greater Toronto Area, Greater Montreal, and the Edmonton and Calgary metro areas are all more likely to support this type of restriction on short - term rentals than those who live elsewhere in their respective provinces:

Among some of the more interesting startups in the outfit's portfolio are Outdoorsy, a kind of Airbnb for RVs; Ivy, a marketplace for interior design; and Wheelhouse, a startup that helps its customers price their short - term rentals.

D. Walsh, a property management company, manages at least four of the short - term rental properties at 2388 Champlain, according to its website.

Instead, records show that hundreds of tourists and vacationers have been booking one - and two - night stays in the building since late 2015 using short - term rental sites such as Airbnb.

For example, retirees or vacationers with summer homes, cabins or short - term rental units in parts of B.C.'s Okanagan Valley or Vancouver Island are still implicitly portrayed by these policies as speculators, despite intentions of long - term ownership (rather than speculative activity such as pre-construction flipping) and despite their contribution to B.C.'s economy in many ways.

Potential Rental Income — Potential Rental Income, or just PRI, is the sum of all rents under the terms of each lease, assuming the property is 100 % occupied.

Purchasing a multi-unit rental property to use as your primary residence has its benefits, both in terms of short - term, cash - flow profits; and, long - term gains of equity.