re: The Airbnbust continues

quote:

---

Why would anyone since about 2009 have an ARM outside of maybe the last 2 years? That’s so 2006

---

People who couldn’t get fixed rate because they were stacking properties. These aren’t traditional owner occupied mortgages.

quote:

---

$100 per night (with a $400 cleaning fee).

---

I am staying in 3 airbnb/vrbos between last week and next week.

I can go years without staying in one but during that time we have a Zach Bryan concert in SA with my niece and nephew, my nephews graduation in Huntsville, and a trip to Port A.

It has its conveniences but irritations as well. We had 3 different cars coming in for the ZB concert and the Airb&B had a small print rule about not parking in the driveway because somebody was staying in the garage apartment behind the house. We had 3 cars that we had to bring. No driveway made that suck.

On the other hand, if we stayed down at the riverwalk, we would have payed $40 per car to park overnight downtown and had to share a suite on top of $3-400 minimum for rooms. ABB let 3 families stay in their own bedrooms.


On ANOTHER hand… it was a $99 rental with a $80 cleaning fee for one night. That somehow turned into $250. Still less than a hotel and was convenient but you’re left with a WTF feeling.

It’s a bit of YMMV.

I’ve got 3 in Hot Springs on Lake Hamilton and they do pretty well. When we were buying, we made sure to get them in the most popular area and with really good amenities.

Hot Springs does a really good job of promoting the area so the town stays busy. With Oaklawn and the casino, Magic Springs, Lake activities, bath houses, revitalized old downtown, etc. even the off seasons aren’t too bad.

This year has been just as strong as last year. We really keep it updated and make sure it stays clean, so we have lots of great reviews.

I think the crowing of STR death is exaggerated. But we are in the tourist and vacation segment, not the business traveler or the like.

LINK

LINK

LINK

One thing that’s really frustrating is booking something and then having to do a fricking interview for your reason. I’ve had 2/3 of last 3 bookings canceled on me after booking because the stay was too short or they weren’t actually available and hadn’t updated their posting too.

I agree with others that would rather use a hotel for 2-3 night stuff.

quote:

---

I booked one in an unnamed Louisiana town. When I went to check in it was directly across the street from a government housing project. I called the owner immediately and demanded a refund. She tried to gaslight me into staying but hell no. Why would I do something that stupid.

---

Once you have the booking info and have gotten the address, how do you not google maps the shite of it to avoid this exact problem.

Aerial view, street views.... come'on man.

quote:

---

know I’ve went back to hotels due to fees unless it’s a week long stay

---

this.

Uber is more expensive than cabs now abd Airbnb is more expensive than hotels.

With a hotel I don't have to deal with anyone if I don't want to or worry they're secretly recording me.

Getting basic information is sometimes difficult.


It'll like dealing with a bunch of "mom&pops". Some are decent, but a lot are crap


Much prefer a top-tier hotel, but I cam see the attraction if you have a large group or kids.

And, plenty of people are still traveling.

That's just an excuse from them.

quote:

---

MOAR REGULATION!!!111!

---

Yeah because frick the neighbors who bought a house thinking it would be a nice, quiet neighborhood and don’t want to be next door to a constant revolving door of loud and trashy tourists.

quote:

---

I suppose if you go looking for cheap and shitty, you'll find it.

---

This is usually the case.