During conversation it came up that there must be ways of letting an apartment for a landlord without getting tangled up in biased tenancy laws and red tap.
Can anyone list out what the options are? The apartment is in Swords, Dublin and is currently capped at more than 40% below the market rent, so you can see the desire to get out of the rent cap, as this will effect the eventual resale value too.
Was thinking that maybe the following options might suit.
1 - Short term lets, Rent with a 6 month lease and give notice as soon as let starts for one day less than 6 months. Where would one advertise this and would there be many takers.
2 - AirBNB. This seems like a good idea but a lot of management involved as the likes of airsorted dont do Swords. Also the government in their bid to commandeer peoples properties as well as hotel lobbying, they are trying to make AirBNB impossible for landlords now.
How do these options sound, and are there any other options for avoiding the biased red tape that is the RTB?
Selling isnt an option yet as the apartment is still in negative equity.
Can anyone list out what the options are? The apartment is in Swords, Dublin and is currently capped at more than 40% below the market rent, so you can see the desire to get out of the rent cap, as this will effect the eventual resale value too.
Was thinking that maybe the following options might suit.
1 - Short term lets, Rent with a 6 month lease and give notice as soon as let starts for one day less than 6 months. Where would one advertise this and would there be many takers.
2 - AirBNB. This seems like a good idea but a lot of management involved as the likes of airsorted dont do Swords. Also the government in their bid to commandeer peoples properties as well as hotel lobbying, they are trying to make AirBNB impossible for landlords now.
How do these options sound, and are there any other options for avoiding the biased red tape that is the RTB?
Selling isnt an option yet as the apartment is still in negative equity.
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