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re: The AirBNB experiment may soon be over
Posted on 7/5/23 at 8:26 am to LSU Grad Alabama Fan
Posted on 7/5/23 at 8:26 am to LSU Grad Alabama Fan
All these hosts put out healthy snacks to guests.
I toss em even though i dont eat them. Gotta gwt your monies worth
I toss em even though i dont eat them. Gotta gwt your monies worth
1
Posted on 7/5/23 at 8:33 am to LSU5508
quote:
Investors bought hundreds of properties in blighted areas of the city, rebuilt them and have created a property value boom for all of the other owners
And real people who needed one house more than investors needed #2 or beyond couldn’t afford them
Posted on 7/5/23 at 8:50 am to Boomer Rick
Agree that is not a good number. Just arguing with a guy that doesn't know what he is talking about. We could be headed for an economic downturn or even a recession. We have not been and are not in a recession now.
I will quit taking this thread off topic. We own a couple of Airbnb rentals. They are doing fine. Bookings are slightly down this year, but we believe it is because the supply of short term rentals have increased so much over the past few years. Too many entered the market in the past few years. But we still get a decent amount of bookings. Our rentals are lake homes so that helps keep our business fairly steady. We do not need every weekend booked for it to be profitable.
I will quit taking this thread off topic. We own a couple of Airbnb rentals. They are doing fine. Bookings are slightly down this year, but we believe it is because the supply of short term rentals have increased so much over the past few years. Too many entered the market in the past few years. But we still get a decent amount of bookings. Our rentals are lake homes so that helps keep our business fairly steady. We do not need every weekend booked for it to be profitable.
Posted on 7/5/23 at 8:53 am to stout
It truly is the fee scam. $100 per night for four nights comes out over $1k due to fees. frick that. Give me a hotel and my free waffles.
Posted on 7/5/23 at 9:26 am to Locoguan0
I’ve said this before and I’ll say it again airbnbs and hotels are not fighting for the same audience. Airbnbs are trying to attract large groups who want a full condo with a kitchen and living areas. If you factor in the cost for 10 people to get hotel rooms vs one condo the airbnb is exponentially cheaper.
Posted on 7/5/23 at 9:31 am to LSU5508
Exponentially? You sure you know what that word means?
Posted on 7/5/23 at 9:37 am to dgnx6
quote:
Why don’t you include it in the cost upfront instead of hiding it in extra fees?
I can answer this one: The rental rate is taxed, but the cleaning fee is not. If we included the cleaning fee in the rental rate, the guest would be charged 12.75% tax on the cleaning fee (9.75% state and 3% county).
Posted on 7/5/23 at 9:46 am to Nado Jenkins83
quote:
I toss em even though i dont eat them. Gotta gwt your monies worth
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