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Daily Real Estate News  |  May 13, 2008  |   Turn That Extra Room Into a 'Crashpad'
Some property owners who live near airports are earning a substantial income each month by renting out spare rooms to airline employees who find hotel accommodations too expensive.

When airline crew members live in one state, but travel to another for work, the airlines are not always required to pay for their overnight accommodations. In most cases, flight crews are offered complimentary hotel rooms only when en route or on a layover.

Residents of neighborhoods near airports solve this problem by renting out what the airline industry calls “crashpads.” These spots range from minimal accommodations – bedrooms outfitted with bunk beds and access to a bathroom – to plusher accommodations, including transportation to and from the airport, swimming pools, and a laundry facility.

Residents charge from $250 to $350 per month per bed in most areas. Landlords can advertise their crashpads on niche Web sites such as: Airlinecommuter.com, Crashpads.com, and Airlinecrew.net.

Source: The Los Angeles Times, Susan Finch (05/04/2008)

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12/02/2008 02:15 PM05/13/2008