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re: Do any of y’all operate Air B&B?
Posted on 3/31/22 at 8:21 am to dyslexiateechur
Posted on 3/31/22 at 8:21 am to dyslexiateechur
We have operated a B&B, now airb&b - VBRO, for 20 years. It all depends on the price and location of the property. Real estate is very expensive right now. We have generally found it to be less wear on the property than full-time renters. The key is having a nice property and charging enough so that you have a higher class of customers. Seems to work. Mostly get older people and families. We live in a small Southwestern, mountain town, so we get northerners in the winter and people from Phoenix and Tucson in the summer. It is full most of the month.
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Posted on 3/31/22 at 8:27 am to lechateau
When a guest leaves things damaged or filthy, do you have any recourse?
Posted on 3/31/22 at 8:27 am to dyslexiateechur
Also does anyone own an airbnb/vrbo in blue ridge?
Posted on 3/31/22 at 8:29 am to lechateau
quote:
-More management required(unless you hire a property manager obviously). Must have a cleaner, handyman, and/or yourself on standby.
This is critical. It took me about 2 months to find a good cleaner/manager type person. Went through about 3 different ones when we started that leaded to less than 5 star reviews. Finally made the switch to a good one (which is actually a company that services in that area) and it is pretty much on autopilot at this point. I just send her my calendar for the month and its all taken care of. They will send me pics after each cleaning.
Posted on 3/31/22 at 8:33 am to dyslexiateechur
quote:
When a guest leaves things damaged or filthy, do you have any recourse?
Yes but its generally not worth it honestly. Airbnb has really updated this even recently. They can now charge a guest's payment method pretty quickly for damages. They also have insurance for big damages up to 1 million dollars.
I chalk it up to price of doing business. The vast majority of guests leave your place very clean.
Posted on 3/31/22 at 8:35 am to Triple Bogey
Researched my town. There were 4 airbnbs. Talked to two of tge owners and they were bringing in $4000/mth. Thought i wanted a piece of that. Took me 6 mths to find the right place then 6 mths to renovate and furnish. When I went to list it there were now 44 units in my town. Thought the pie had been too cut up. Now, rent to long term tenants.
Posted on 3/31/22 at 8:46 am to Triple Bogey
quote:
This is critical. It took me about 2 months to find a good cleaner/manager type person. Went through about 3 different ones when we started that leaded to less than 5 star reviews. Finally made the switch to a good one (which is actually a company that services in that area) and it is pretty much on autopilot at this point. I just send her my calendar for the month and its all taken care of. They will send me pics after each cleaning.
Yes please read this post. Great info
To OP(or anyone interested in starting an Airbnb):
You need to value 5 star reviews like $$$. Think of every 5 star review as a tiny little employee diligently working to make you money. The more you have the more money you will make. A less than 5 star review is like 10 little angry people impeding the work of your 5 star employees.
The point: Buy favor with guests
Do not penny pinch when it comes to customer service. Every guest will find something they dont like about your property, may be parking, or a leaf beside the door(this was a literal complaint to me once) but if they open the fridge and see a Diet Dr Pepper or a Coors Light sitting in there for them, they will quickly overlook those things they dont like. Pay for Hulu, Netflix, and good Wifi. Have a travel kit of toiletries available in case a guest forgot toothpaste or contact solution. Accommodate early check in and check out whenever you can.
Doing these things costs almost nothing compared to their $$$ return in the Airbnb business and hardly any Airbnb hosts do things like this.
Posted on 3/31/22 at 8:49 am to landmanner
quote:
Took me 6 mths to find the right place then 6 mths to renovate and furnish. When I went to list it there were now 44 units in my town. Thought the pie had been too cut up. Now, rent to long term tenants.
I have way more than that I compete with and I destroy them revenue wise. Keep in mind many of these are part time deals and hosts that dont know what they are doing. If you have a nice, highly rated listing, you can trounce other listings. That said, your main competition is hotels, not Airbnbs.
Posted on 3/31/22 at 8:53 am to lechateau
Quick question from a frequent traveler who has never used Airbnb: Do you just use the place as is? Wash clothes in the washer and dryer? Detergent, etc., provided or do you get that on your own?
Posted on 3/31/22 at 8:57 am to dyslexiateechur
My parents do in Montana one mile outside Glacier NP. It stays rented in the summer and we go there in the winter and have a place to stay not too far from a ski resort and ski a few days during the week. They’ll block off a week or two in the summer and we’ll do the park as well for a week at a time. Ever since they added a hot tub it stays rented and pays for itself. It’s awesome! However they bought it 3 years ago and lucked out because it was right before this boom. The property has to be worth at minimum 50% more now than it was when they bought it. Probably wouldn’t have even looked at it in todays housing market.
The only negatives I can think of in their experience is dealing with a management company that handles the rentals and cleaning I guess? Don’t think they’ve had any issues yet actually. My wife and I went up on our own this month. Get views of the park from the living room porch and hot tub.
The only negatives I can think of in their experience is dealing with a management company that handles the rentals and cleaning I guess? Don’t think they’ve had any issues yet actually. My wife and I went up on our own this month. Get views of the park from the living room porch and hot tub.
Posted on 3/31/22 at 8:59 am to Globetrotter747
Some provide it, some do not. It irks me when things happen like this: arrived at an airbnb and the stove display panel is blinking wildly and looks all messed up. I immediately message the host because if the last guest damaged it and the cleaner did not notify them I could be held liable for it. He replied it has been that way for 2 years. How about fix it, put a sign or note up, or mention it in your listing?? I know I am a little crazy but do other people just not worry about being charged for breaking things like this?
Posted on 3/31/22 at 8:59 am to dyslexiateechur
quote:we were doing our place in Park City, but we quit after someone rented it for a month during the off season and cooled a bunch of meth in the place. We used 2 separate rental management companies but I wasn’t impressed with either.
So hubby and I are thinking about buying in to a place we can use as a vacation rental and Air B&B. Anyone do this? What are some positives and negatives?
I’d only do the Air B&B again if I lived nearby and could do the maintenance and screening and stuff my self.
Posted on 3/31/22 at 9:00 am to Globetrotter747
quote:depends on the owner. My parents Airbnb is basically their second home and there are many things they leave out and about for the renters to use. Anything they don’t lock away in the attic or shed is fair game in their minds for the renters to use. They expect the guests to use any of the amenities in the house and enjoy themselves while they’re there and treat the house as their own.
Quick question from a frequent traveler who has never used Airbnb: Do you just use the place as is? Wash clothes in the washer and dryer? Detergent, etc., provided or do you get that on your own?
Posted on 3/31/22 at 9:01 am to Globetrotter747
quote:
Quick question from a frequent traveler who has never used Airbnb: Do you just use the place as is? Wash clothes in the washer and dryer? Detergent, etc., provided or do you get that on your own?
It depends on the host. Typically if they have a washer and dryer, they will have detergent there for you to use(I have all kind of laundry stuff provided). You should not feel bad about using detergent and if you are staying somewhere that has one, maybe just ask the host before the stay whether they have detergent provided.
Typically yes, you use the space you have rented as is. If there is a tv, you can use it. Fridge, you can use it. Only if they specify beforehand that you arent to use X and Y is that not so.
Posted on 3/31/22 at 9:04 am to madamsquirrel
quote:
Some provide it, some do not. It irks me when things happen like this: arrived at an airbnb and the stove display panel is blinking wildly and looks all messed up. I immediately message the host because if the last guest damaged it and the cleaner did not notify them I could be held liable for it. He replied it has been that way for 2 years. How about fix it, put a sign or note up, or mention it in your listing?? I know I am a little crazy but do other people just not worry about being charged for breaking things like this?
Sadly this is how many hosts are. Bare minimum effort. Thats why one should never be intimidated by the number of other listings in an area if they are considering starting a listing.
Posted on 3/31/22 at 9:05 am to Who_Dat_Tiger
That place looks incredible!
Posted on 4/1/22 at 11:11 am to joshnorris14
Prick
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