They built an Airbnb empire in L.A. It was a 'bait and switch' scheme, authorities said in a lawsuit - Los Angeles Times
Summary
This article reports on an Airbnb empire in Los Angeles that authorities are calling a "bait and switch" scheme. Hosts should be aware of the legal and ethical implications of their business practices and ensure compliance with all local regulations to avoid similar issues.
Action Items
- ✓Verify compliance with all local regulations, permits, and zoning restrictions to avoid legal issues.Effort: mediumImpact: high
- ✓Review all business practices, including listing descriptions and guest communication, to ensure they accurately represent the property.Effort: mediumImpact: high
Common Mistakes
- ⚠The article mentions a "bait and switch" scheme, implying potentially deceptive business practices by STR hosts. This can lead to legal issues.
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