21 May As Cities Debate Limits on Short-Term Rentals, NoiseAware’s Presence Grows
Private vacation rentals, which are facilitated through companies like AirBNB or VRBO, are a great way to create income by offering out the homeowners private space. As these websites have grown, so have the problems, such as people renting out private homes and then throwing raging parties. When parties are thrown, and the police are called, costs can spiral out of control for the property owner, putting their own futures at risk. This led to the creation of a device that detects noise, just like a smoke detector works, and is a tool that can prevent AirBNB parties.
As cities like Los Angeles debate whether to regulate short-term rentals, there has been more talk about a company aiming to fix one of the biggest problems associated with short-term rentals–noise. NoiseAware allows a property owner to better control what is happening in their dwelling allowing the owner to immediately contact guests when volume gets out of control and hopefully preventing intervention by the police. With co-founder David Krauss in LA this week Southern California Public Radio reports with interest on the device that is going to revolutionize the short-term rental market.
David speaks from experience when it comes to the benefit of NoiseAware. The Dallas Police Department knew before he did that a party had been thrown in one of his properties resulting in a huge financial hit. Identifying the problem, David and Andrew Schulz created NoiseAware, a noninvasive noise monitoring device. NoiseAware solves the issue of noise complaints by alerting the homeowner when noise reaches a specific limit during quiet hours while also preserving the privacy of the guest.
The device itself is relatively inexpensive, at only $50 it is affordable to buy and easy to install. There is an annual feel of $100 for the monitoring service, but considering David had to deal with more than $35,000 in fines and legal fees after a guest threw a party in one of his properties, the $100 per unit service charge is a steal.
To hear about the company in his own words, check out the video below of David at Dallas Start Up Week.