Apparently Trump could get $1,150 per week letting out the White House.
Huh, I've always thought the WH was bigger than that.
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Apparently Trump could get $1,150 per week letting out the White House.
Huh, I've always thought the WH was bigger than that.
question for people who use airbnb: If you've had a good experience with a host and you're going back to the area would you bother booking through Airbnb or just contact the host directly?
Cool idea, very inaccurate.
Curious to see how it relates to the mortgage of some houses.
I did a quick check in the Sunnyvale area, a $2M mortgage on a 4 bedroom, 2.5 bath house that can sleep 6 at $2700 a week is about the same as a mortgage. (note you'd insurance, pay taxes on the house, and have more expensive maintenance) So bottom line you'd lose money on the deal.
Curious to see how it relates to the mortgage of some houses.
I did a quick check in the Sunnyvale area, a $2M mortgage on a 4 bedroom, 2.5 bath house that can sleep 6 at $2700 a week is about the same as a mortgage. (note you'd insurance, pay taxes on the house, and have more expensive maintenance) So bottom line you'd lose money on the deal.
Of course, with an interest-only mortgage, yes one would need to be cash-flow positive, because there is no such thing as gaining equity. Again, my understanding is that such properties are extremely rare.
I found this to be really inaccurate. I've been a host of an Airbnb for a few years. I've slowly moved my price up until I hit the maximum 70£/day. I have hundreds of positive reviews. The price the website suggested was 120£. I then went in to put an obscure address where there is no demand, and the price was $140/day. I've rented a hotel in the area for $30/day.
$30? Where is such a place, Siberia?