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 AirBnB, Anyone do/did aBnB? good bad? pls share

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westthen
post Oct 5 2020, 04:23 PM

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QUOTE(OceanMonster @ Oct 5 2020, 04:10 PM)
Oh shitttt... so JMB now has the right to stop Airbnb. this is not good!
a lot of investor will have problem... unless the investor sit in committee and allow Airbnb to operate...
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don't think any investor would be able to garner enough votes to be in the JMB
gogocan
post Oct 5 2020, 07:08 PM

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Soon every condo JMB will follow verve footstep.
DesRed
post Oct 7 2020, 11:01 AM

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Verve Suites @ Mont Kiara was completed back in 2013 (link), so my guess is that by then, the owner demographics would've stabilised between the own-stayers and investors until the former group is able to identify and call out those units that are operating as an Airbnb, homestay and short-term rentals.

Even the below except didn't shed light on what exactly happened until this ban is needed:
QUOTE
"In this case, Verve Suites Mont Kiara Management Corporations passed a by-law to stop short-term rentals because residents complained that guests in such arrangements were a nuisance and a breach of its by-laws.

This resulted in Verve Suites filing a suit in the High Court in 2018 against Innab Salil, Innab Trade Sdn Bhd, Ng Gaik Kian and Tan Why Chuan."


So is this law passed because there are many instances of this happening or was it passed because of Airbnb's growing popularity in Malaysia from 2018 onwards until they are guided by fear of this 'nuisance' happening? I've stayed in a few such Airbnb units in the past such as 6 Capsquare Condo and did not see such incidents happening.

I view these owners as hypocrites when they themselves also buy units elsewhere for their investment and operate as a landlord, homestay and/or Airbnb, but make noise when their own project have units operating as such.
icemanfx
post Oct 7 2020, 11:36 AM

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QUOTE(DesRed @ Oct 7 2020, 11:01 AM)
Verve Suites @ Mont Kiara was completed back in 2013 (link), so my guess is that by then, the owner demographics would've stabilised between the own-stayers and investors until the former group is able to identify and call out those units that are operating as an Airbnb, homestay and short-term rentals.

Even the below except didn't shed light on what exactly happened until this ban is needed:
So is this law passed because there are many instances of this happening or was it passed because of Airbnb's growing popularity in Malaysia from 2018 onwards until they are guided by fear of this 'nuisance' happening? I've stayed in a few such Airbnb units in the past such as 6 Capsquare Condo and did not see such incidents happening.

I view these owners as hypocrites when they themselves also buy units elsewhere for their investment and operate as a landlord, homestay and/or Airbnb, but make noise when their own project have units operating as such.
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Will you scarify your investment for gain of others? In the dog eat dog world of poorperly market, self interest is probably the only consideration.

This post has been edited by icemanfx: Oct 7 2020, 11:40 AM
mbam
post Oct 7 2020, 11:39 AM

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Depends on the location but business these days sure is decreasing a lot.
mini orchard
post Oct 7 2020, 12:43 PM

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QUOTE(DesRed @ Oct 7 2020, 11:01 AM)
Verve Suites @ Mont Kiara was completed back in 2013 (link), so my guess is that by then, the owner demographics would've stabilised between the own-stayers and investors until the former group is able to identify and call out those units that are operating as an Airbnb, homestay and short-term rentals.

Even the below except didn't shed light on what exactly happened until this ban is needed:
So is this law passed because there are many instances of this happening or was it passed because of Airbnb's growing popularity in Malaysia from 2018 onwards until they are guided by fear of this 'nuisance' happening? I've stayed in a few such Airbnb units in the past such as 6 Capsquare Condo and did not see such incidents happening.

I view these owners as hypocrites when they themselves also buy units elsewhere for their investment and operate as a landlord, homestay and/or Airbnb, but make noise when their own project have units operating as such.
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Many operators of Airbnb be it rental basis or owner operated dont do it seriously. Price war are rampant essentially just to have bookings only. When that happens, quality of guests are questionable. Most dont even collect security deposits and when damages happened, they cry high low in facebook groups.

Guests profiling is not available especially those direct bookings. Worst are those doing self check-in-out when the operators dont meet their guests. Many depend on third party cleaners and some operators dont even check whether cleaning is done properly.

In conclusion, many wants to 'make money' without lifting a finger !
icemanfx
post Oct 7 2020, 01:00 PM

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QUOTE(mini orchard @ Oct 7 2020, 12:43 PM)
Many operators of Airbnb be it rental basis or owner operated dont do it seriously. Price war are rampant essentially just to have bookings only. When that happens, quality of guests are questionable. Most dont even collect security deposits and when damages happened, they cry high low in facebook groups.

Guests profiling is not available especially those direct bookings. Worst are those doing self check-in-out when the operators dont meet their guests. Many depend on third party cleaners and some operators dont even check whether cleaning is done properly.

In conclusion, many wants to 'make money' without lifting a finger !
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a common phenomenon among local investors, nothing new.
icemanfx
post Nov 7 2020, 12:39 PM

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It seems from 1st july 2021; online booking e.g airbnb will be charged tourism tax.

kavman1984
post Nov 7 2020, 06:41 PM

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QUOTE(mtsen @ Sep 11 2017, 11:26 PM)
I was searching AirBnB here but couldn't find.  Anyone has gone through it, thinking to do it, am doing it now? 

What did you do and what do you hope it would be ?

I am thinking to start using AirBnB to increase my unsold, un-rented properties.
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I ran an Airbnb in a tourist spot before for 3 years. During peak seasons, a lot of china,arabs & westerners came in. It was a 6 bed bungalow. During peak season, Monthly can hit RM17k. but during off peak season, roughly around RM7k. During covid, 3 months no income. Now, finally managed to rent it off.

got a caretaker to arrange for check in and manage the cleaners.

Make sure, professional photographer to take picture before listing it.

Set your listing to instant book. Dont be biased to race,nationality or religion. Accept all.

Dont worry about guest making a mess and destroying your property. Can claim from Airbnb and Airbnb support up to USD million(Make sure all communication is through Airbnb message system, so that they can screenshot and check the messages). Some guest will lie about how many guest that will come.

If you have a unique location, it will be better and easy to get booking.

Provide washing machine, dryer, Astro NJOI, soap & shampoo, towel, Cuckoo or Coway water dispenser, water heater, air cond, entertainments and board games. First aid too.

First 5 guest that checks in, make sure u, the owner check in and entertain guest. Easy to get 5 star rating.

I use pricelab to automatically adjust the price. https://www.pricelabs.co/

Watch Youtube video or listen to podcast about Airbnb management, then you will know how to make your listing in top of searches.

Hope this helps.


mini orchard
post Nov 7 2020, 06:45 PM

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QUOTE(kavman1984 @ Nov 7 2020, 06:41 PM)
I ran an Airbnb in a tourist spot before for 3 years. During peak seasons, a lot of china,arabs & westerners came in. It was a 6 bed bungalow. During peak season, Monthly can hit RM17k. but during off peak season, roughly around RM7k. During covid, 3 months no income. Now, finally managed to rent it off.

got a caretaker to arrange for check in and manage the cleaners.

Make sure, professional photographer to take picture before listing it.

Set your listing to instant book. Dont be biased to race,nationality or religion. Accept all.

Dont worry about guest making a mess and destroying your property. Can claim from Airbnb and Airbnb support up to USD million(Make sure all communication is through Airbnb message system, so that they can screenshot and check the messages). Some guest will lie about how many guest that will come.

If you have a unique location, it will be better and easy to get booking.

Provide washing machine, dryer, Astro NJOI, soap & shampoo, towel, Cuckoo or Coway water dispenser, water heater, air cond, entertainments and board games. First aid too.

First 5 guest that checks in, make sure u, the owner check in and entertain guest. Easy to get 5 star rating.

I use pricelab to automatically adjust the price. https://www.pricelabs.co/

Watch Youtube video or listen to podcast about Airbnb management, then you will know how to make your listing in top of searches.

Hope this helps.
*
Replying to a 2017 posting .... it was a good read ...till 'pricelabs.co ?
kavman1984
post Nov 7 2020, 07:14 PM

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QUOTE(mini orchard @ Nov 7 2020, 06:45 PM)
Replying to a 2017 posting .... it was a good read ...till 'pricelabs.co ?
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Its a website that helps to set price for your listing. Cost around USD10 per month. The price of your Airbnb listing will change according to the bookings around that area, airplanes tickets booking and etc. Basically like a team help you decide the pricing for your listing so that it becomes much more competitive.
ahkit123
post Nov 12 2020, 10:55 PM

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Now cmco airbnb can jalan ka
icemanfx
post Nov 12 2020, 11:43 PM

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In the 2021 Budget, the Putrajaya announced it would expand the tourism tax to include accommodation booked through online travel platforms, such as Airbnb from July 1, 2021.

https://www.edgeprop.my/content/1761423/air...m-accommodation

DesRed
post Nov 13 2020, 10:07 AM

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QUOTE(icemanfx @ Nov 12 2020, 11:43 PM)
In the 2021 Budget, the Putrajaya announced it would expand the tourism tax to include accommodation booked through online travel platforms, such as Airbnb from July 1, 2021.

https://www.edgeprop.my/content/1761423/air...m-accommodation
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I can understand for Airbnb's case, but do recall that fees and taxes are already charged when you book for hotels and accomodation via Agoda, Booking, Expedia, etc. Not sure what 'other' tax can you slap on the latter group...
ameliachung
post Nov 13 2020, 01:11 PM

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QUOTE(Allout20 @ Aug 15 2020, 01:28 AM)
Permanently rent out and collect monthly rental is better than airbnb
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True at the time like this pandemic. But Airbnb has potential to earn more during the good days. I guess high risk high reward
mini orchard
post Nov 13 2020, 01:16 PM

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QUOTE(ameliachung @ Nov 13 2020, 01:11 PM)
True at the time like this pandemic. But Airbnb has potential to earn more during the good days. I guess high risk high reward
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What is your 'high risk, high rewards'?

Airbnb is not only about 'holidays'.
rizts
post May 16 2021, 12:36 AM

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How is Airbnb in 2021?

Now MCO 3.0 getting worse i guess.

Any airbnb operator want to share ur experience in 2021?
mini orchard
post May 16 2021, 05:40 AM

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QUOTE(rizts @ May 16 2021, 12:36 AM)
How is Airbnb in 2021?

Now MCO 3.0 getting worse i guess.

Any airbnb operator want to share ur experience in 2021?
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Every business is affected by mco. Depending on one customers dependency operations, some are still able to have bookings. Not all airbnb properties are locate at tourist hotspot.


ahkit123
post May 26 2021, 09:18 PM

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QUOTE(rizts @ May 16 2021, 01:36 AM)
How is Airbnb in 2021?

Now MCO 3.0 getting worse i guess.

Any airbnb operator want to share ur experience in 2021?
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Slow booking due to cross border restrictions
mini orchard
post May 26 2021, 09:33 PM

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Had a booking checked in on 24.05 for 1 night.

Next booking check in on 05.06 for 1 night.

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