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I Bought An Apartment To Rent Out On Airbnb
211–220 of 386 posts
Re: I Bought An Apartment To Rent Out On Airbnb
#212I wonder could you buy a car and rent a guy and then rent them out on Uber?
Re: I Bought An Apartment To Rent Out On Airbnb
#213Why did you choose to do this remotely?
Re: I Bought An Apartment To Rent Out On Airbnb
#214Earlier quoted context omitted.
Illegal hotels aka slums. There is a reason hotels are fairly highly regulated. My first (and only) stay at an Airbnb rental resulted in me getting bedbugs.
It is unrealistic to expect any dwelling, whether it be hotel or hostel, to be free of bed bugs, especially if you're in a region with lots of international travelers. There is no effective insecticide for them, they can be impossible to see, and they don't need to eat for months. Now, any decent hotel will be doing periodic checks for bedbugs around the box spring and headboard, and any other wooden furniture. But t…
Re: I Bought An Apartment To Rent Out On Airbnb
#215Earlier quoted context omitted.
TripAdvisor and others came up with a good solution a while ago - they let the property owner write a reply to a bad review, and post the reply right underneath the bad review.
That's the same thing eBay does. You know what? I never look at them on eBay. All I ever look at is the percent of positive reviews.
Re: I Bought An Apartment To Rent Out On Airbnb
#216Could someone explain to my ignorant self why zoning a property as hotel and paying hotel tax is necessary? What is it for and why was it created? It seems like a lot of these new startups are the same old business model but skirt costly taxes and regulation (Uber for taxis, Airbnb for hotels, Bitcoin for money transfers)
I'm not arguing for or against the laws, but I think it's clear why many residents of such a city would decide to use legal force to prevent that.
Re: I Bought An Apartment To Rent Out On Airbnb
#217It’s possible to find a nice apartment in a major city for less than $50,000. The place I found was in Las Vegas and it cost $40,000. Wow, I had no idea things were that good/bad. Here in the UK, I deliberately choose to live in a cheap part of the country and you'd still be talking $120k or so for an equivalent 1 bed flat. This really illustrates to me why efforts to turn various areas in the US into "mini Silicon V…
I live in London. I'm looking at >$600k for my first apartment. Jon's apartment in Vegas would be a small fraction of my deposit. Ugh, I feel sick. And need to move.
Re: I Bought An Apartment To Rent Out On Airbnb
#218It’s possible to find a nice apartment in a major city for less than $50,000. The place I found was in Las Vegas and it cost $40,000. Wow, I had no idea things were that good/bad. Here in the UK, I deliberately choose to live in a cheap part of the country and you'd still be talking $120k or so for an equivalent 1 bed flat. This really illustrates to me why efforts to turn various areas in the US into "mini Silicon V…
$200/month for an unlimited cleaning lady? Those are Thailand/China prices. Crazy.
Re: I Bought An Apartment To Rent Out On Airbnb
#219Earlier quoted context omitted.
I could be American myself, for all you know.
But, you probably aren't, as you went to college in the UK. So please refrain from your crass generalizations about countries.
Re: I Bought An Apartment To Rent Out On Airbnb
#220Good, concise write up with real numbers which is nice. But the woman who is doing all that cleaning and contact work for $200/month is the one making this possible (so it seems) and that could quickly eat up profits (though the ROI is great enough that there's lots of room there). EDIT: Also, is there currently an AirBnb manager market? Similar to the cleaner/manager he has, it would be great for people to invest re…