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.

Using airbnb to increase yr unsold unrented properties?

Why want to increase yr unsold and i rented properties?

Why u think ppl want to stay in yr properties that you cant rent out normally to normal 6mths or 1 yr tenants?

in what area did you search no results?

Try melaka, it's tourist hotspot and tons of airbnb featured here
Homestay is trending at tourist hotspot and airbnb is providing them a healthy platform to attract potential custoers

In contrast, KL's homestay trend is not as hot as melaka, most people came kl will direct book hotel to stay instead of looking for homestay

Good insights, I would have thought KL is the best location.

KL is also good area also..

If you are curious whether your area is "hot" or not, you can try go AirBnB, look at that location and look at the availability of the units around.. see the "unavailability" on the calendar to gauge the booking rate.. (but there is a catch, sometimes owners block the date for whatever reasons)

Look at the listed price as well whether it make business sense to invest in AirBnB

This post has been edited by twincharger07: Sep 12 2017, 06:02 PM

thanks, I took a look but still unsure what the real story they have. That's why I am looking to attend some real life experience course. I don't want theory. a hands on crash course is great!

Do you stay in airbnb when you travel or are you also hosting ?

100% agree on the hands on, work hard points. One instructor shared that if we do AirBnB like that, it's like Self Employ in kiyosaki's quadrant. But one could also do AirBnB like a business as in automate the process as much as possible. Then not only you earn money successfully, you have freedom too. That's the part I thought was impossible in Malaysia but very interesting to find out ...

Found it uneasy to start the 2nd or more airbnb..it's much better when all locations are nearby. Else check in check out time is a headache.

Your guys rent or buy property to start Airbnb?

Centrally located, close to the rail network will do well in KL. Same goes to other big cities although transport would be irrelevant. Keep in mind people who use airbnb are people who want more value for money/freedom while vacationing.

Don't underestimate the local homestay market too. Don't always depend on foreign tourists, you'd be surprised at the occupancy rates of homestays who only cater to locals. They're doing quite well actually.

I'm also curious, anyone successfully rent a property solely for AirBnB? Did you do it with or without owner's consent

Wah, sub sub sub let also can ar???

Don't think there's right or wrong, it's all up to the landlord I believe, just curious if anyone is doing this

WRONG

usually under std rent agreement, tenants cant rented out to 3rd party.

however usually airbnb operators will make known of their intention. no need to hide lah.

even new from developers, bnb operators bought 50 or 100 units are an open secret.

I do knw a few ppl who doing it in tis way..tell landlord upfront before u rent, that's fine.

Only for expansion is nt easy..anyone use airbnb property manager service?

The landlord are fine with letting their unit be used for AirBnB? I would think most landlord are against it, unless they are desperate for tenant or not aware. Are they renting residential property or commercial/service apartment?

Airbnbs I stayed in Seoul and Tokyo were both sublets. I think it's about time Malaysian landlords become more flexible.

normally, you guy buy property or rent property to start airbnb?

i thk to buy a property and let 1 company to do airbnb... their offer is 70 n 30... watz u all view?

normally, you guy buy property or rent property to start airbnb?

i thk to buy a property and let 1 company to do airbnb... their offer is 70 n 30... watz u all view?

To have a property listed in Airbnb, you need to renovate and furnished it to be bookable. Is not just simply putting in a bed and aircond. You only need to have 1 bad review from guest and that is the end of your homestay.

You need money to renovate and furnish. Whether owner allowed you to sublet is not important.

Does it make money sense if is rented?

Kl area mostly service apartment, some are residential title though.

I figure simple renovation and decent decor will do. Unless you make a special theme like those treehouses in european country and can put a higher price. That's breakthrough as Malaysians just normally do it in homestay way.

Money sense will be likely come from rental whether worth to cover or not

You can rent a fully furnish unit. The advantage of renting is that you don't need much capital to start, and the only cost you need to be concern about is your rental and utilities. From what I see on some AirBnB unit vs the rental rate at that area, you'll probably need to ensure the unit is rented out at least 5-10 days in a month to cover your cost. In current renter's market, your goal is to nego the lowest rental rate possible

A group of friends sharing a house. Is this subletting?

Why wouldn't it make sense?

If you've got a good location with good tourist turnover, I'd say it'll be fairly profitable.

A good location and good tourist turnover doesnt mean your unit is bookable. Competition is very stiff. What is in your unit that I like? Price, furnishing, reviews, unit condition and many more. Are you prepared to spend the money to reno and furnish for a 2 years contract? Can you recover your cost if the landlord decides not to renew rental contract? Will your furniture and fittings fit into your next unit?

Do you know how many listings are in Airbnb just for KLCC area?

Many things to consider. If you are not in it, you wont know. Theory and practical are different. Seeing others do is easy.

Maybe can regulate AirBNB like how they regulate UBER

you can subletting but intention must be made aware to landlord and in agreement.

honestly how many landlord does routine check to the space they rented out unless got complaint?

yes agreed....BUT only certain locations make great sense for airbnb.....

BUT in reality these days, every TDnH also do airbnb for their less demand condos or apartments, and the conditions of these airbnb are really not up to scatch.

Malaysia 'regulates' hail ride services bcos our big men are having share in them, not in the best interest of public, as compared to other developed countries.

just like they 'regulate' airport taxi services.....before.

In Paris, if you airbnb out yr apartments in key tourist areas for x days per year, you could be subject to fine of Euro50k. Yes single digit for number of days. Same thing in Barcelona if not mistaken.

The important thing to owner is rental collection and upkeep of house. If both are ok, I dont think they are fussy about subletting. If a main tenant cannot sustain the rental due to a vacant room, it will also affect the landlord eventually.

Hence it makes sense to rent and sublet in order to gauge market demand etc, no? Why would one buy a unit for airbnb given all the factors you outlined above?

I was arguing the point of rent vs buy for airbnb.

Which area or residential unit is hottest airbnb area now? Anyone any insights?

bukit bintang

You dont have to spend money to rent a unit to gauge market demand. Just check the individual listings and you will see their booking calendar for the next six months. It will tell you roughly how the places are performing.

Booking and confirmed arrival are two difference thing also. Guests can booked few months ahead and are allowed to cancel with short notice. Full booking is NOT equal to full arrival! NO arrival = NO income.

Anyone in this forum knows of people renting a house to sublet to gauge market demand before deciding whether to buy a unit to do rental investment?

Have to bring up this post. Recently just turned my newly build serviced apartment for AirBnB for the first time. Got a potential tenant was looking to rent out my place for 5 months stay and i never expect to encounter this incident.

Here are my questions.

1. How much deposit I need to collect for such long terms staying?

2. I know all the utilities are included the booking rate. But, for my case is for 5 months stay, can I request the tenant to pay for the utilities bill monthly as it billed (electricity and water). Reason is the tenant might switch on aircon for 24/7 for 5 months and the fees might very loaded.

if you're managing the booking off-platform, better to sign a tenancy agreement to that effect

collect 2 months rental as security deposit

either insist tenant to pay the utilities or if that's a dealbreaker then put in agreement that u will bear up to rmXXX and the excess shall be borne by the tenant.

you may waive the deposit if they pay 5 months in advance. if the rate is good, you may absorb the utilities bill.

Hear No deposit 1. Utilities you bincang with your guest liao. Set the limit for every month? Airbnb for such long term you may end up rugi one.

Well, the rate isnt very good. Thanks for all the advice!

Hi sifu, i planning to host my unit condo as airbnb, How to manage to pass and collect key to the tenant if u are not always available for doing these?

And the cleaning service, how to get cleaner to clean the house after the tenant move out?

1) get someone to help with commission (best is your neighbour)
2) if you stay in condo.. there is cleaner.. you can call them..RM 10 per hours.

What if all of a sudden the condo where you operate your airbnb, decides to ban such activities. I believe it has already happened in a few condos. Then the operator would be stuck with a unit that cannot operate as an airbnb.

cakap byk senang....

get complain from neighbor then baru tahu...

Install smart lock...I used igloohome. Can generate password for specific duration remotely and send to guests. No need to worry about guests overstaying because you can set the duration. As for cleaning, find a reliable cleaner in the condo to do the cleaning after each check in. Everything can be done remotely and all u need to do is jz manage inquiries.

PM me if u hv further questions on hosting.

Yeah, even commercial title service apartments also can ban airbnb operation. If the airbnb is for supplementary income then still ok. Entire livelihood depends on it then very risky. Anytime new ruling takes place then full time operators will be the first blood.

Japan's Airbnb offerings evaporate ahead of new regulations

How you see SoFo for airbnb? legal?

I think SoFo wouldn't be impacted much because they are non HDA. So if yours is SoFo it's probably still ok. Unless govt introduces blanket ban then it's another story la.

Japan manyak travelers go. After no need visa. Now Lagi manyak pigi. Also due to strong culture house design and lifestyle. Manyak travelers Suka rent Airbnb at japan rather than hotel.

Obviously u havent been folliowing airbnb.

Japan gov has inposed law so strict that many people just gave up on airbnb.

Basically u need to get a permit and airbnb japan need copy of the permit b4 they allowed u to list.

2/3 of airbnb (i think) wiped out of the market.

But then again malaysia is no where near japan.

Easier way is to rent to airbnb operator.
I get fixed rental and they will take charge of renting out and upkeep.

If the unit under condo, hard to install the smart lock because tenant must go through the first and second security level on can get the unit gate,right?

Alila a Boss hahaha

Rm10 per hour for cleaning ? I need 10 bro

Yeah you have to figure out a way to pass the access card to them without having to go meet them. I have stayed in some Airbnbs where you collect the access card in the mailbox. Not the most secure way but...

I ask owners to pls don't do airbnb unless your block is the soho or studios type . It is disruptive to other owner occupier, and too many pipu in out like hotel may cause security issue.

there is also a cap on the number of days per year one can rent out the apartment.

all this legislation is good.

in singapore airbnb is banned.

all these disruptive tech and biz is actually no good for society.

air bnb started out as some kind of cultural exchange, to stay at someone's home and experience culture like a local.

currently, it has devolved into an illegal motel stay operator enabler. this is a no no. Maresia should outlaw it immediately, especially for residential titled properties. if serviced suites under commercial still considered fair play. Imagine your family staying in a nice house in PJ suddenly your neighbour every week got pipu in out in out. a definite no no for me

This post has been edited by corleone74: Jun 22 2018, 10:35 AM

Obviously you never read again.
I knew this news quite some time ago liao liao. I just said it when before the new restrictions law implemented.

I did Airbnb a while ago. It was easy to use and I would say quite safe.

great way to earn some extra income. Demand quite good, if your unit has some booster values that would attract people to want to stay there, for example the location or nice interior or if its reasonably priced etc.

manage it well, if you cancel your guest last minute the cancelation fee is very high (probably higher then the rent itself)

get to know your guest well, you can briefly study their background or reviews. Most are linked to their facebook account. you can request for ID and recent photo (airbnb has this feature). Last thing you need is a trashed place or worst stolen items, so study them. Be a good airbnb host, attend to your guest needs (or at least try your best)

anyway, downside for me is cleaning up after checkout. that's something to keep in mind.

For most new condo, the system already in place to ease airbnb owner.

At security guardhouse request for drive through to the lobby area / or register as guest first if coming in without vehicle.
Yeah most new condo is Grab/Teksi friendly, pick up drop off at lobby area so no issue.

Then get the keys/access card from the mailbox. most new condo the mailbox area is not secured, i mean is not located behind something that required access card.

This post has been edited by AskarPerang: Jun 22 2018, 02:33 PM

pls bring it up in yr agm.

Maybe you can search for proper airbnb operator to help you manage it and quite well good profit sharing from one of my friend telling.
www.cobnb.com.my

oh good one, didnt know tat there's this airbnb operator service

may i get opinion?
plan to get one unit in jp during holiday? 1 guest & 5 guest showing different price, same unit. The unit can accomodate 5 guest and i only have 4 guest.
For local Airbnb, i usually just go with 1 guest, supposedly is by night not by guests, so long as i don't exceed the max pax that is allowed in the unit.

For Japan, i need your advice here.
Am i right or safe to just 1 guest during booking, and actual stay is 4 guests?

I know some Airbnb don't place the extra air mattresses or any extra mattresses on site and only provide if you indicating how many pax actually staying.

BUT why need to lie and cheat? if you have 4 paxs just say 4paxs lah…...you wont be charge extra also.

Yes, neighbor complaints. Baru tahu.

If it is residential, technically, it is illegal.

Airbnb is not illegal in residential property.

if Airbnb is illegal, so does all the units for rental.

Mostly airbnb unit will be like this, if the unit allowed max 5 guest stay but they may charge extra after 2 guest. Read the term & condition.

So far I stayed airbnb unit in Sydney, Gold Coast, Tokyo, Bangkok, Taipei & KL. Only Taipei & KL I meet the owner to collect keys, others I don't meet them and self collect key or by door lock code to enter. So you can try to cheat

If management corporation say it is not allowed, that’s it. This is rule all unit holders must obey.

It will caused many kinds of problems, like security and nuisance.

problem aside, unless and until annual meeting majority of owners voted against Airbnb,, until then Airbnb is not illegal.

also how to determine which tenants are on short, mid short, mid and long term stay?????

I notice one resi condo in KL banned Airbnb already, but you still can see vblogs Airbnb customers still happily posted their latest trip to Malaysia and stay at that condo, as latest as in the month of aug.

also some apartments banned airbnb operators, but stop short of banning owners get Airbnb tenant.\


unless and until the state or gov got involved, its very hard to implement. owner just said they are my friends instead of Airbnb customers.

Wahkaka. Now getting many residence neighbor are ok with Airbnb. They rather their neighbor is Airbnb guest than long terms stay tenant.

Long term tenant in Malasiao very give a lot headache to home owner and neighbor.

Plenty new condos management also accept Airbnb. As long as follow condo procedures and registration.

Some condo management only boycott certain short term stay platform Macam booking.com ... due to mostly lousy guest quality.

This post has been edited by HELLO HELLO: Sep 7 2018, 02:46 PM

That is the thing..just worry owner come to meet, ha..ha... if not, usually 1 guests during booking is fine.
More than 1 guests, cost can go much higher...

I used to run an airbnb for max 5 people:
- 1 king
- 1 queen
- 1 single

I would provide sheets, towels, pillows etc. based on the number of people that were going to stay there. This is why the pricing is different.

If you indicate only 1 person will stay there and you turn up with 4 people you may end up with a problem.

That is aside from the fact that the owner may block you from coming in at all.

Hi guys, another question on payout method. How you guys normally set the method? Bank Transfer? I not sure i doing it right or not while entering the SWIFT Code details for my Maybank account.

Any reference that can enlighten me further?

are you guest or host?

Its via credit card like on booking.com . U pay direct through airbnb itself.

Sorry, I'm the host.

Sorry, i mean i'm the host, someone already book my apartment, not sure i'm doing it correctly in the payout method to receive the money from the guest.

the guest will pay to airbnb. airbnb will then pay to you. if you gave the wrong swift code, transaction will not go thru and airbnb will contact you.

Here's some updates on Airbnb legality in Malaysia -
https://blog.rentandreturns.com/is-airbnb-legal-in-malaysia/

I've change to bank trx since RM drop. Fastest method is always Paypal. Bank Transfer is slower but you will get the full amount w/o currency exchange loss. swift code for maybank is MBBEMYKL. Payout is on the next day of guest check in. After you received payout notification, normally it take 2-3 business day to clear to your account.

My normal payout timings:
Guest check in Thursday. Payout notification on Friday 3pm. Get money in bank Monday 3pm sometimes 5pm ish.
Guest check in Friday. Payout notification on Saturday 3pm. Get money in bank Tuesday 3pm sometimes 5pm ish.
Guest check in Saturday. Payout notification on Sunday 3pm. Get money in bank Tuesday 3pm sometimes 5pm ish.

You'll hate Friday check in. Especially if ur place in smack in the middle of KL.

Cannot afford lidging, dun travel

Anyone knows any good service/airbnb that manages in Shah Alam area ? I'm looking at iCity

Please drop me a PM. I know it's a thread on discussion of airbnb

Will share my experience in this thread once I find a partner to manage

What are the essential items that an Airbnb unit should have? (excluding bed, fan, dining table, aircond, water heater)

This post has been edited by melvin471: Oct 23 2018, 03:00 PM

What you want when you find an Airbnb to stay?

internet
carpark on premises
washing machine and clothes hanger if no dryer
living sofa
wardrobe
fridge
toilet papers (kid u not, one airbnb doesnt provide toilet papers)
towels
mug or cup or glasses, spoons and other cuteries

my personal request
power point in bathroom.

Thank you Sir, this is helpful.

my condo AGM vote 91% pass to doing airbnb business ....

Thanks for sharing.

So how is the condo's condition since there are units operating as airbnb?

not bad, coz guide line provided for operator and security monitor all the unit and some profit sharing to jmb

without given the name of your place away, mind sharing roughly location of yr building, whether its under commercial or residential title and whether its SOVO or SOFO?

also how mght intend to share the profit with Airbnb owners?

Hi guys, i have been into AirBNB hosting for 6 months already. Overall the experience for hosting are quite good. Just share my experience with no racist or any offend mean.

My apartment is newly built this year and after i done my unit renovation, successfully rent out to our first locals tenants which stay for 4 months. Everything was good and nice after they check out. Well, the tenant broke some of our coffee cups BUT they manage to do replacement for us. Everything was in good condition.

Second, an foreigner stay for 3 days, well, they don't really take care of our house. Wet towel throwing everywhere (we prepared a laundry bag in our apartment), damaged our double bed frame rack stand as suspect they OVERPOWER doing the "THING" during the stay. Also, they dragged their opened luggage during the stay and left 4-5 hard scratch marks on the floor tile. Apartment in mess condition when check out, sofa and armchair moved out of place, never wash any plate or pot after 3 days stay, just throw at the sink.

Third, a group of local youngsters which stay our apartment over the SPARTAN race event. They leave our house very tidy and neat, not even any dirt stain on our apartment floor/wall even they doing the hardcore SPARTAN race on rainy day.

NOW, the fourth, foreigner staying for a months with small children and now only the 5th day, broke my cup, personally switched our shower head without giving notice. (They really brought their own shower head all the way from their country and replace ours). Complained no hot water from the shower. As my wife go to check the house this morning and water heater running good and nothing wrong with it. The guests are from a country that English is not frequent in use, so they cant really read or understand the signage/or how to use the equipment.

YET, more problem to come i suspect....I really prefer to host local guest instead of foreigner...

This post has been edited by yoonyin: Dec 12 2018, 11:06 AM

The only reason why an owner want to go for airbnb vs annual tenancy is for higher return.

Is it true that they actually get higher return ?

Higher income/return is likely but whether is worth the extra hassle and time spent?

This post has been edited by icemanfx: Dec 12 2018, 11:32 AM

Do people host the airbnb themselves or they just let the operators handle everything ?

If the operators do everything, there won't be much extra hassle and time.

I wander how did you get a 4 months straight tenant or even a 1 month straight tenant?
Through airbnb platform?
Got that high chance can capture such "long term" tenant using airbnb to book?