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

Discussion in 'The Mainboard' started by BamaNug, Nov 4, 2019.

  1. Nug

    Nug MexicanNug
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    Yep. "Turnkey ready"
     
  2. Gallant Knight

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    Hope someone on tmb buys this
     
    Lyrtch, Hatfield, letan and 2 others like this.
  3. DollarBillHokie

    DollarBillHokie Usher is the worst
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    I’ll take it off your hands for $35k cash. Tomorrow
     
    Where Eagles Dare likes this.
  4. Nug

    Nug MexicanNug
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    I'll continue to manage if you pay asking price all-cash and I get 25% of revenue.
     
  5. Oranjello

    Oranjello Well-Known Member
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    I wasn’t sure what “ready” meant. Almost as if it were open to negotiation as to whether furniture was included—but the smart tv was being sold no matter what.
     
  6. comrade static

    comrade static i love french fries
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    if only I had better timing. I would be interested in that, with exception of all cash. I ain’t got that.

    I highly doubt you’ll still have it for sale in a year but if so, I’d be interested.
     
    Nug likes this.
  7. Nug

    Nug MexicanNug
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    I sure as hell hope not!
     
  8. Gallant Knight

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    I have no idea why you would want to sell something for $250k that spits off 35k/year.
     
  9. wes tegg

    wes tegg I'm a Guy's guy, guys.
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    That was gross, not net.
     
    tjsblue, DollarBillHokie and Room 15 like this.
  10. Gallant Knight

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    Doesn’t Airbnb take like under a 5% fee?

    Also the tax advantages of owning real estate are tight af
     
  11. Room 15

    Room 15 Mi equipo esta Los Tigres
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    And debt service and property management?
     
  12. Gallant Knight

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    I think he manages it with the help of a cleaner. No clue what his debt service looks like but I’m guessing his IRR is insane
     
    Room 15 and Nug like this.
  13. Nug

    Nug MexicanNug
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    TBH, I'm worried about it deteriorating a lot faster than a stick-home. I thought a long time about selling the tiny home and building a stick-home, but would rather build my own place and make it badass.
    I got a few more.
     
  14. Nug

    Nug MexicanNug
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  15. Room 15

    Room 15 Mi equipo esta Los Tigres
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    I can’t think of anything more worthy of investment of your new cash than a WNC based hostel…
     
  16. Nug

    Nug MexicanNug
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    Give me 51% ownership and we can have a conversation.

    Gonna model it after the Pervert Club in Mex City.
     
    Gallant Knight likes this.
  17. Room 15

    Room 15 Mi equipo esta Los Tigres
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    Perfect I won't even need to rebrand then
     
    Nug and Gallant Knight like this.