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

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

  1. Jax Teller

    Jax Teller Well-Known Member
    Donor
    Alabama Crimson TideAtlanta BravesTennessee TitansNashville PredatorsNashville SC

    TMB discount rate?
     
  2. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    For you? I'll do it for a clean $500/night + services fees.
     
    Jax Teller likes this.
  3. BIGASSTITTIES

    BIGASSTITTIES Fan of: BIGASSTITTIES
    Donor

    BIGASSTITTIES here for the rental talk. Currently own a bungalow in East Nashville as a long term rental. Mrs. Titties and I have been discussing converting it to STR. This thread interests me. Advice needed brothers!
     
  4. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    From my minimal research, both have pros and cons. I think STR income is going to vary a lot from high-to-low season; whereas LTR will be more consistent (duh). However, LTR you likely need to do more "upkeep," as someone living there full time will want everything working; whereas a STR you can let some stuff slide/not have to spend as much on certain repairs. The owner told me when I was purchasing "this is absolutely not a long-term rental" -- but it also has kind of a 1/2 kitchen, a small bathroom, and could use some upkeep. But if you're staying only for 1-2 nights, and exploring the mountain and national park during the day, hopefully you're not in there other than sleeping.
     
  5. Space

    Space slicked back hair, white suit, sloppy steaks
    Donor
    Miami Hurricanes

    Hello. I "airbnb" for a living for a while now (few years globally for a large company in the space and then a few years on my own). Happy to answer any questions that someone has, but a lot of details will depend on the specific market.
     
    devine, dahldennsull and Nug like this.
  6. thunderstruck

    thunderstruck I'm a Boss

    Did you purchase all of your properties?

    When I moved a dude bought all my furniture for an Airbnb and he said he rents condos or homes and lists them. I was surprised his landlords allowed it, I mean it seems difficult to conceal
     
  7. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    A lot of spaces don't allow it anymore -- the condo where I live doesn't allow any rentals less than 6 months. I've also stayed in airbnbs where the host specifically requests you NOT tell anyone you're renting through airbnb. If anyone asks, they pretty much ask you to lie and say "I'm Jon Smith's cousin/brother/etc."

    Short answer is yes, many landlords prohibit it. Especially in big cities.
     
    dahldennsull and BIGASSTITTIES like this.
  8. Space

    Space slicked back hair, white suit, sloppy steaks
    Donor
    Miami Hurricanes

    Did I purchase all of my properties? No, I didn't, but that's going to be an extremely market specific choice as to what the right move is. If you are trying to decide this I suggest doing your own extensive research in a number of areas.

    I'd say anyone giving you blanket statement advice lines like "you should always buy" or "real estate is a fantastic investment" one way or the other without a ton more knowledge of your exact details is probably not broadly experienced in STR.
     
  9. Space

    Space slicked back hair, white suit, sloppy steaks
    Donor
    Miami Hurricanes

    I'd also add that if this is your first jump into the space maybe don't buy something if you don't have to. That way you aren't crazy locked in and over your head.
     
  10. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    :ths:
     
  11. Jax Teller

    Jax Teller Well-Known Member
    Donor
    Alabama Crimson TideAtlanta BravesTennessee TitansNashville PredatorsNashville SC

    What if I bring Blue to play with Nug?
     
    BamaNug likes this.
  12. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    bigred77 and PAHokie like this.
  13. Rusty Shackleford

    Rusty Shackleford Dale 1 - Rats 0
    Donor
    Auburn TigersSan Antonio Spurs

    What are the major issues?
     
  14. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    Main beam under the cabin is broken, lots of sagging in the floor. Some of the other beams are improperly attached. Getting estimates on repair work now.
     
  15. comrade static

    comrade static i love french fries
    Donor
    Oklahoma City ThunderPhiladelphia EaglesOklahoma SoonersBarAndGrillBig 8 Conference

    This space has piqued my interest as well. Wife and I bought our first two long term rentals this year and things are going well thus far. (Knock on wood).

    I’d like to get something in the gulf shores area but haven’t researched it yet. I thought for something like this, we might do our first property at Grand. Maybe a condo at Shangri La.

    Lots of realtors are property managers, so that is where you can start.
     
    dahldennsull likes this.
  16. wes tegg

    wes tegg I'm a Guy's guy, guys.
    Staff Donor
    Atlanta BravesDenver BroncosChicago BlackhawksBirmingham LegionMississippi Rebels

    Nobody rents based on foundations. Worst case scenario your guests fall through a collapsing floor. YOLO.
     
  17. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    And I’m a no good judgment proof millennial. Huzzah!
     
    #67 Nug, Nov 13, 2019
    Last edited: Nov 13, 2019
    Keef and Bo Pelinis like this.
  18. Bo Pelinis

    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    If they didn’t want to fall through the floor they should have gone to engineering school. It’s their fault honestly
     
  19. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    So have been working on airbnb 2.0 during the shutdown. Finally a light at the end of the tunnel. Thinking it will be finished in about a week or two. Will also be a good bugout spot.

    [​IMG]
     
  20. Simon Templar

    Simon Templar Well-Known Member
    Kansas JayhawksChicago CubsSneakersBig 8 Conference

    We put our cottage in Michigan on vrbo, but we don’t do it with the place in Florida. It’s nice to know when we want to head down we have that as an option even on late notice.
     
    bigred77 and BamaNug like this.
  21. THEBLUERAIDER

    THEBLUERAIDER Well-Known Member
    Donor
    St. Louis CardinalsTennessee TitansNashville PredatorsMiddle Tennessee State Blue Raiders

    Where is your place in Florida?
     
  22. Garrity19

    Garrity19 Well-Known Member

    Space, normally I rent my house out in Spain, south of Barcelona, .5 miles from the beach to U.K. citizens for July and August. What are your thoughts on their 14 day quarantine and do you think internal vacationers will make this up during those months??
     
  23. Lip

    Lip Well-Known Member
    Donor
    Michigan State SpartansDetroit LionsGeorge Washington Colonials

    Yes - I Airbnb my summer house in the south of France, as well as my ski chalet in Jackson Hole in the off months.

    What would you like to know?
     
  24. Space

    Space slicked back hair, white suit, sloppy steaks
    Donor
    Miami Hurricanes

    Hey, sorry, but your wording has me a little confused. Could you elaborate a bit? I’ll add I don’t operate outside the US so I’m not hyper aware of those markets.
     
  25. Simon Templar

    Simon Templar Well-Known Member
    Kansas JayhawksChicago CubsSneakersBig 8 Conference

    Siesta Key
     
    tjsblue, MODEVIL and THEBLUERAIDER like this.
  26. THEBLUERAIDER

    THEBLUERAIDER Well-Known Member
    Donor
    St. Louis CardinalsTennessee TitansNashville PredatorsMiddle Tennessee State Blue Raiders

    I’m thinking of buying a place in Destin in the next year or two, but I want to rent it out when I don’t want to use it. Hoping to make my money back.
     
  27. bigred77

    bigred77 Well-Known Member
    Donor
    Texas Tech Red RaidersTexas RangersSan Antonio SpursDallas CowboysKansas City ChiefsAustin FCTexas Tech Red Raiders alt

    I've been thinking about putting the place in the Hamptons on one of these sites since we never go there
    I just can't decide if its worth the hassle
     
  28. THEBLUERAIDER

    THEBLUERAIDER Well-Known Member
    Donor
    St. Louis CardinalsTennessee TitansNashville PredatorsMiddle Tennessee State Blue Raiders

    It’s nice not having kids.
     
  29. Simon Templar

    Simon Templar Well-Known Member
    Kansas JayhawksChicago CubsSneakersBig 8 Conference

    At least if it covers taxes etc that’s nice. We only rent the cottage out a couple weeks in the summer so we still keep access but what we can get out of it over those few weeks covers a lot outside normal payments.

    since it seems people think it’s bs here’s the picture from up there last weekend.
    AB77E57E-3777-43A0-9DDD-F90976217E2D.jpeg
     
  30. bigred77

    bigred77 Well-Known Member
    Donor
    Texas Tech Red RaidersTexas RangersSan Antonio SpursDallas CowboysKansas City ChiefsAustin FCTexas Tech Red Raiders alt

    Lol, I have 4

    Too many poors infesting the main board lately
     
    THEBLUERAIDER and REGGNECK like this.
  31. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

  32. 941Gator

    941Gator TMB's resident beach bum
    Staff Donor
    Florida Gators

    not sure how accurate your description is honestly

    upload_2020-8-5_7-0-20.jpeg
     
  33. Room 15

    Room 15 Mi equipo esta Los Tigres
    Donor
    Auburn TigersAtlanta BravesAtlanta FalconsUnited States Men's National Soccer Team

    Not to mention the spelling
     
    Boo MFer! and Corky Bucek like this.
  34. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    Did I fuck up something? My friends have sent me like 3 errors already -- apparently airbnb's system does not have spellcheck
     
  35. ned's head

    ned's head Well-Known Member
    Donor

    In my experience as a renter, it's best to specify in the house rules things you don't want people to ejaculate on if you have a preference
     
  36. toddzo

    toddzo 8====D~~~~
    Donor
    Florida State SeminolesTexas AandM Aggies altSneakers

  37. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    It's wide open my dude
     
  38. Space

    Space slicked back hair, white suit, sloppy steaks
    Donor
    Miami Hurricanes

    BamaNug likes this.
  39. REGGNECK

    REGGNECK You wanna know what I been down , DONT BOTHER ME
    Donor
    Georgia BulldogsAtlanta BravesLos Angeles LakersDallas CowboysBayern MunichTiger WoodsGrateful Dead

    So 2 ppl max ?
     
  40. toddzo

    toddzo 8====D~~~~
    Donor
    Florida State SeminolesTexas AandM Aggies altSneakers

    I may stay at your place the last wknd in August then :peekaboo:
     
    BamaNug likes this.
  41. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    PM me. TMB Discounts offered
     
  42. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    TMB Discounts offered
     
  43. Space

    Space slicked back hair, white suit, sloppy steaks
    Donor
    Miami Hurricanes

    Also always good to get a family member/friend or two to rent it for super cheap for 1 night and just leave you a 5 star review. Pay them back the small service fee. Typos, bad descriptions, photos only do so much.. reviews are everything.
     
  44. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    There's a fold out couch, and I've had friends camp in the driveway.

    But it's still like a 250 sq ft tiny home
     
  45. bigred77

    bigred77 Well-Known Member
    Donor
    Texas Tech Red RaidersTexas RangersSan Antonio SpursDallas CowboysKansas City ChiefsAustin FCTexas Tech Red Raiders alt


    I know nothing but
    "A growing green wall full of hops, flowers, and ivy to ensure your privacy."
    Makes it sound like there are neighbors nearby, though it looks like there is not.
     
    comrade static and BamaNug like this.
  46. REGGNECK

    REGGNECK You wanna know what I been down , DONT BOTHER ME
    Donor
    Georgia BulldogsAtlanta BravesLos Angeles LakersDallas CowboysBayern MunichTiger WoodsGrateful Dead

    Was curious if this was a “rule” ?
     
  47. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    Already have like 4 friends staying there. Having them pay through airbnb and I venmo them a portion back.
     
    BayouMafia and Space like this.
  48. Nug

    Nug MexicanNug
    Donor
    Alabama Crimson TideSeattle MarinersAtlanta BravesNew Orleans Saints

    loose rule
     
    REGGNECK likes this.
  49. ned's head

    ned's head Well-Known Member
    Donor

    I retract my earlier post and am looking forward to visiting your lovely rental, BamaNug
     
    BamaNug likes this.
  50. southside

    southside Well-Known Member
    Donor TMB OG
    Texas LonghornsSouth Carolina GamecocksHouston AstrosDallas CowboysSeattle Kraken

    Did you get a management company to handle it?