The last time he advertised one of his apartments, longtime Los Feliz landlord Andre LaFlamme got a request he’d never seen before.
A man wanted to rent LaFlamme’s 245-square-foot bachelor unit with hardwood floors for $875 a month, then list it himself on Airbnb.
‘Thanks but no thanks,’ LaFlamme told the prospective tenant. ‘You’ve got to be kidding me.’
But he understood why: More money might be made renting to tourists a few days at a time than to a local for 12 months or more. Read full article.