Airbnb/VRBO owners? "I'm a Superhost and doing just fine, thanks."

Probably airbnb.com or the Airbnb app

 

Cool

 

You could try VBRO for an AirBNB listing

 

I’m going to be renting a property, so I was looking tips, I will do this on my own thanks for nothing

 

I'd suggest Hotels.com for Airbnb availability

 

Find some people in the area and get real estate agent suggestions

 

Thank you

 

To be an Airbnb host. Was wondering if there’s a good starting point to learn or any tips for a first timer

 

Thank you sir

 

Oh in that case devine should start by learning the difference between renting and hosting lmbo

 

Question. We had some friends from home ask to come stay at our Airbnb. We gave them the friends and family rate (minimum cost 10$) and ate the cleaning fee because friends. They used the place and gave us 5 stars. Got a note from Airbnb that they were pulling the rating because they don’t believe it’s real. I’m appealing but I’m not sure there is anything in their bylaws that require I charge a certain amount. Though there friends and I figured the rating would be good we didn’t request it nor are they involved at any level with the property. Anyone dealt with this before?

 

Might wanna spend less money on million dollar views and more on a class on how to properly redact a screenshot there Imurhuckleberry

 

I can’t help with this but my guess is that they are tying together the person who left the review and booked the room and have some sort of % of normal price filter. If I were them I’d scrub the review too if I knew the situation. They might not require a minimum amount for a stay but they can probably do whatever they want with reviews. Good or bad.

Somewhat related but I am a business owner and google randomly removes reviews from our google business page. Legit reviews. Zero explanation as to why and zero percent chance of them overturning. Something in the algorithm. It’s stupid.

back on topic, I don’t understand why you wouldn’t charge normal or higher amounts to family/friends at the beginning and just venmo/PayPal them money back once the review was left. Airbnb is happy that they get their cut on that larger price per night and it probably helps with overall algorithm and pricing in the area when you don’t slash it early.

I’m uneducated in this space so I could be and probably am off but just sharing my perspective

 

For us it’s because the Airbnb cut on full rate would have been a few hundred dollars. Going forward we could make the guests just pay the Airbnb fee and refund the rest through other means but I’m guessing that could be a little messy for tax purposes? Nothing in their community standards prohibits reduced rate rentals unless it’s being used to basically buy reviews.

in their email they say click here to appeal the decision but it just forwards you to base technical support who are take their dedication to being basic personally.

 

Very dark highlighter

 

Read this and thought I was in a one of the Brandon Sanderson threads. I’d totally read The Dark Highlighter.

 

A little sketchy but when I first started listing with VRBO I would use a VPN to create a fake account. I would then rent the place to that fake account for 1 night at the lowest rate they would accept, was like $3 so you could cover vrbo fees. Would then give the condo a very glowing review with the fake account. Did that a few times to get some good reviews going so the place would rent better. Would probably feel worse about doing that but the condo's I own are really nice and maintained very well, have a perfect 5.0 rating for both on airbnb, just needed to get those first reviews going though so other people would feel more comfortable renting.

 

Do any of you use booking.com? I've been uncomfortable with the idea since it's basically instant book with no controls

 

Very funny to be review faking/buying and making the transactions as transparent as possible to Airbnb

 

Listing a property, not renting one.

I’m pretty friendly with cancellations but I like how I can require AirBnB guests to have had a positive review somewhere else and on vrbo I can chat with folks to get a feel for things. I’ve gotten pretty good at cutting out the problematic/damaging guests in advance.

Little things like never renting to a local, for instance. They’re looking to do something at my place they aren’t willing to do at theirs and that’s almost always throwing a rager.

but I read about other owners making money with booking.com more and more, so it’s tempting to try.

 

After hoping for a deal at the lake for awhile I had my eye on a fixer, but when I asked a realtor friend in that market about it, he had a turnkey property he was getting ready to list. Going to check it out tomorrow. P&L from last 8 months is strong and they are just finishing up some cosmetic renovations. Might finally get in the game.

 

When getting hard money lending, what rate have people been getting?

 

And someone swooped in and offered on the guys whole portfolio. So back to searching.

 

Welp, we back in it. The deal fell through and they couldn’t buy the whole package. Going out today to look at it. Anxious to finally have something, been looking in various areas for a couple years.

 

Semi related to this, but anybody mess with Outdoorsy or other RV rental stuff as a side deal?

 

Under Contract. Wasn’t in love with the property, but the financials make sense and it’s time for me to finally get into an investment.

 

My third spot attracts much higher maintenance guests than my first two and it decidedly does not fuck. Couldn't imagine being such a picky bitch.

 

Excessive crumbs in the toaster? Fist yourself.

 

Couple questions for you all....

I hopefully will close on some land this year that will be a future rental....I'd like some write offs. Can I write off flights to see the property? Closing costs? What kinda business do you guys hold your properties in? LLC or just claim income/expenses on your normal taxes.

Also if I start building, can I claim that as an expense or depreciate it? The property will be foreign, if that has much bearing

Thanks in advance

 

When you closed on the property did you put it into the LLC at closing or later?

Yes, will get more professional info just trying to general knowledge atm

 

I used Outdoorsy to rent an RV last summer (not to rent to someone -- I rented an RV from someone), and at that time there were some pretty big gaps in their terms of service and what the checkout process disclosed. Essentially, I was charged a couple hundred in fees that were not disclosed up front, and because of the lessor's faulty disclosure (in light of the Outdoorsy Terms of Service) I was able to get out of paying the fees. Had the lessor properly described some fees or worded some things differently, then I would have been on the hook. So my advice would be to read the ToS and make sure you properly disclose any things you want to nickel and dime people with, such as mileage fees for pickup and/or delivery

 

This is my neighbor down the street. Same lot size. Not sure my house will be as substantial. This thing is massive.

 

I still understand very little on financing these things, but is there any benefit to setting up an LLC even if the property is still just owned by me personally? Have the proceeds go into the LLC and pay for things from that?

 

Buying or building in a foreign country thats not difficult to get to would be so dope.

 

Unless you still guarantee the property, an LLC structure Limits your Liability in the Corporation (your Airbnb). Someone falls down the stairs and dies in an LLC? You lose the house. Someone falls down the stairs and dies not in an LLC, you lose the house and your primary house.

 

Understand that, which is also why someone told me to get an umbrella policy on my insurance. On the financing side though, if i am purchasing this property as a second home mortgage how do I then put it in an LLC?

 

The only not cool thing is there is little to no financing

 

That doesn’t throw off the financing at all?