As any Airbnb (and similar sites) convert will attest, where there’s a spare bed, there’s money to be made. But while the rise and rise of short-term letting sites have delivered a windfall to many apartment-owners for some, its days – or nights – may be numbered.
Many residential committees are hitting back at apartment owners who sublet their lot’s, blaming loud parties and bad behaviour for the move to stamp out the unofficial ‘bed-and-breakfast’ businesses.
It’s apparent that many Australians are fed up with the issues surrounding short term letting and are looking for solutions.
Bruce Bentley, expert Strata Lawyer provides ‘eleven steps to combat short term living’ inclusive of case studies and a podcast. Click below to download his paper inclusive of case studies.
For NSW strata legal or levy collection advice please contact us here or call 02 9562 1266, we’re happy to assist.