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If you don't use api gateway and vpcs/nats then aws is reasonably priced.
mell says
If you don't use api gateway and vpcs/nats then aws is reasonably priced.
Running a database on AWS is expensive.
Exactly - it's already a horrific surprise for AirBnB when the price nearly doubles right before your eyes.
The taxes are even more retarded.
It's not the owners that want to charge that. They are even higher in Maui - over 17%. State Transient Accommodations Tax, State General Excise Tax and last year Maui threw in a county General Excise Tax.
WookieMan says
The taxes are even more retarded.
It's not the owners that want to charge that. They are even higher in Maui - over 17%. State Transient Accommodations Tax, State General Excise Tax and last year Maui threw in a county General Excise Tax.
The cleaning fee looks high vs. what I charge on VRBO for ocean front condo: 150.
However, because taxes are on gross rents even though I pass the cleaning fee on to the customer I still lose money on it due to taxes. I also pay taxes on the taxes.
Yeah, the platforms take their cut too - way too much for way too little.
Shit like this is why I've been going to Fiji for my beach vacatios fix for the last 5-6 years. Still love Hawaii but for a family with kids the value is not there.
RWSGFY says
Shit like this is why I've been going to Fiji for my beach vacatios fix for the last 5-6 years. Still love Hawaii but for a family with kids the value is not there.
Fiji is a fucking flight for me from the Midwest.
https://www.reddit.com/r/AirBnB/comments/yt3kxv/help_please_my_guest_is_a_prostitute_giving/
Help please. My guest is a prostitute giving services from my apartment
Off course I cant know for sure, but I received complaints from building administration that she is receiving 5-6 male visitors per night.
So is Hawaii.
Hotel corporations create additional buildings and units without affecting residential supply and demand. They add to an area. They create jobs and always make a positive impact. Even if they go out of business, a building remains, that may be renovated and turned into residential units. This is done without driving up housing prices to unacceptable levels. Hotels themselves do not affect residential house prices.
No offense but at this point, every day people bragging about how smart they are, because they can borrow money to mortgage a house make money on AIR-BNB really bothers me. These AIR-BNB motivated purchases gobble up the supply of existing homes and apartment units - for renting purposes. Far more existing units are gobbled up vs. new units being built in respect to AIR-BNB. And people are not selling their homes/units when they can rent them out on AIR-BNB further restricting the supply of additional units, driving up the prices.
Why? So people can sit back on their lazy asses and collect rents without working, inventing, creating, facilitating, improving, solving, contributing or doing anything. It's called parasite economics and it really bothers me.
I can't comment on this thread because I'm emotionally compromised when it comes to this subject.
Eric Holder says
So is Hawaii.
Domestic. $11.40pp to Hawaii. International fees are killer. Just booked a flight to Phoenix for $5.60 one way in late January.
Shit like this is why I've been going to Fiji for my beach vacatios fix for the last 5-6 years. Still love Hawaii but for a family with kids the value is not there.
WookieMan says
Eric Holder says
So is Hawaii.
Domestic. $11.40pp to Hawaii. International fees are killer. Just booked a flight to Phoenix for $5.60 one way in late January.
These are bus ticket prices. You aren't taking Greyhound, are you? I mean, it's possible for Phoenix but could be tough for Hawaii...
No need to be upset or jealous of those who borrowed to buy their AirBnB units in the last 2-3 years. Soon many of them will get foreclosed due to cashflow difficulties. In the process, between the buy and the liquidation sale, they will essentially have provided liquidity for releasing those units from previous owners who wanted high sale prices, funds for renovating the units, and buyers who will want low prices after foreclosure and liquidation.
Booger says
https://www.reddit.com/r/AirBnB/comments/yt3kxv/help_please_my_guest_is_a_prostitute_giving/
Help please. My guest is a prostitute giving services from my apartment
Off course I cant know for sure, but I received complaints from building administration that she is receiving 5-6 male visitors per night.
CHARGE MORE!!!
Compared to long-term rental, short-term rental is actually a lot of work for the owner, so it's not at all "sit back on their lazy asses and collect rents without working."
I've done vacation rentals and I would advise against it. Tenants will destroy your property and steal any of value in it and it will happen over and over. Much better option is a full time rental once you get a great tenant it's good income.
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I'm thinking of doing this in the Shenandoah region in VA, which has very low inventory and lots of short term rentals on the market. I assume that as more and more people do this, the market will saturate. I'm not sure how long that will take, and exactly how that will play out - plenty of thoughts though. In particular, I think if people insist on working from home, the far flung mountain retreat type areas outside of cities will do very well. I'm thinking that people wouldn't commute long distance every day, but might be willing to commute further once or twice a week. So, the high property values in/close to cities will continue to spread outward.