Outline ·
[ Standard ] ·
Linear+
AirBnB, Anyone do/did aBnB? good bad? pls share
|
icemanfx
|
Dec 12 2018, 11:30 AM
|
|
QUOTE(puchongite @ Dec 12 2018, 11:13 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
|
|
|
|
|
|
icemanfx
|
Dec 12 2018, 11:58 AM
|
|
QUOTE(puchongite @ Dec 12 2018, 11:37 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. After operator's expenses, how much margin is left?
|
|
|
|
|
|
icemanfx
|
Jan 17 2019, 02:58 PM
|
|
Currently, there are over 20 hotels (3 to 5 star) in kl/pj are available for sale. most studio airbnb purchase price is higher and daily room rental rate is cheaper than comparable hotel room, airbnb is unlikely to deliver expected return.
|
|
|
|
|
|
icemanfx
|
Jan 27 2019, 01:15 PM
|
|
Barrier of entry to Airbnb is low. If it is profitable, like all business in this country, more will jump in. It is a matter of time before consolidation will occur.
|
|
|
|
|
|
icemanfx
|
Jan 27 2019, 09:24 PM
|
|
QUOTE(Bjorn1688 @ Jan 27 2019, 08:22 PM) My place is a condo in Bangsar, it was on airbnb for 2 years as with the oil price crash so too did the market for large high end condos especially where it wasn't accessible by public transport. It was enough to pay the maintenance fees, utility bills, my maid's OT and a small profit which certainly won't have been sufficient to pay for the mortgage even at a 30 year and 50% margin. It was alright, in the end after the 2 years, someone who had first rented it on Airbnb for 2 weeks and liked it so much that they signed a 3 year lease on it. We pitched it as a French styled apartment as the previous tenant had left all their furniture behind and plenty of the decorations were essentially off a French chateau. I had my wife who is a Finn to be the host. Occupancy rates were around 70% and 80% of our guest came either from Finland, Sweden or Norway as we marketed it at several websites there. We never took any muslim guest as the interior is "non-halal" and we stopped taking in any locals after 3 months, too damn many no-shows or mess-makers especially those that used the place for weddings. As hosts we took on the role of a concierge, we helped our guest organise tours, advised them how and where to shop for stuff, if they were newly arriving expats then we'd advise them on how and where to establish their home, if they needed a car we'd loan them one of ours for a small fee and if they wanted some "happy" times we'd tell them where to go.
|
|
|
|
|
|
icemanfx
|
Apr 7 2019, 08:29 PM
|
|
It seems some guests discovered hidden camera in Airbnb accommodation. And increasing number of Airbnb hosts are placing hidden cameras.
|
|
|
|
|
|
icemanfx
|
Jul 5 2019, 02:19 PM
|
|
QUOTE(AskarPerang @ Jul 5 2019, 12:52 PM) PETALING JAYA: More Malaysians are relying on Airbnb to settle their mortgages given the property overhang that is engulfing the sector. According to an Airbnb survey of more than 2,000 Malaysian hosts and guests, half of the Airbnb hosts said it had helped them pay for their homes while 40% said Airbnb provided a supplementary income for them to make ends meet.Malaysia is Airbnb’s fastest growing country in South-East Asia for the second consecutive year. It saw more than 3.25 million guests in Malaysia over the past 12 months ended July 1, which translated to a 73% increase from the previous period.There are more than 53,000 Airbnb listings in the country. Read more at https://www.thestar.com.my/business/busines...8aF4tgVx95f4.993.25 million guests over 53000 airbnb units mean average 62 guests/unit/p.a., implying majority of airbnb couldn't be profitable. with more joining airbnb, unless guests count could rise faster and higher, average number could drop. This post has been edited by icemanfx: Jul 5 2019, 02:21 PM
|
|
|
|
|
|
icemanfx
|
Aug 26 2019, 08:53 AM
|
|
QUOTE(BEANCOUNTER @ Aug 26 2019, 01:18 AM) This is 2019 n ppl still believe in airbnb fairytale? Like many still believe in "rich Dad poor Dad" story. This post has been edited by icemanfx: Aug 26 2019, 10:34 AM
|
|
|
|
|
|
icemanfx
|
Aug 26 2019, 11:52 PM
|
|
QUOTE(silverwave @ Aug 26 2019, 11:15 PM) What if the tenant secretly does airbnb without the owner's consent and it is clearly stated in the agreement that subletting is not allowed? After deducting expenses and if airbnb could cover rental, owner is likely to operate Airbnb rather than rent out.
|
|
|
|
|
|
icemanfx
|
May 7 2020, 10:17 AM
|
|
QUOTE(mini orchard @ May 7 2020, 07:09 AM) Ask Tony whether he regretting now when he started AA ? TF is a billionaire, at far higher level than most if not all Airbnb investors. Air Asia plc may be in distress but not TF personally. However, Airbnb investors are likely in distress but not Airbnb platform/plc. This post has been edited by icemanfx: May 7 2020, 10:17 AM
|
|
|
|
|
|
icemanfx
|
May 7 2020, 12:44 PM
|
|
QUOTE(AskarPerang @ May 6 2020, 10:06 AM) QUOTE(Zwean @ May 7 2020, 11:05 AM) Thank you.
|
|
|
|
|
|
icemanfx
|
May 7 2020, 12:45 PM
|
|
QUOTE(bigman @ May 7 2020, 11:21 AM) Opps... Aunty eat the chili... She just know nagging without facts...apparently she living in coconut shell QUOTE(Zwean @ May 7 2020, 12:02 PM) Always copy paste reply from her set of templates. If not how to get so high post count? No difference with a spam bot. We have to call it out for what it is, lest people think she is for real. As some said, broken clock is right twice a day and is appropriately applied to uuu/bbb.
|
|
|
|
|
|
icemanfx
|
May 7 2020, 04:29 PM
|
|
QUOTE(Nicklly @ May 7 2020, 04:14 PM) 18mth to vaccine.. so after 2021 mid? From vaccine approval to manufacturing, distribution and mass vaccination will take a few months. More realistic to consider 2h/22. This post has been edited by icemanfx: May 7 2020, 04:30 PM
|
|
|
|
|
|
icemanfx
|
May 8 2020, 04:02 PM
|
|
QUOTE(Zwean @ May 7 2020, 11:05 AM) QUOTE(bigman @ May 7 2020, 11:21 AM) Opps... Aunty eat the chili... She just know nagging without facts...apparently she living in coconut shell Unlike wannabe; Before the virus, Airbnb had $3 billion in cash on its balance sheet; since then, it has raised $1 billion in funding and secured a $1 billion term loan.
|
|
|
|
|
|
icemanfx
|
May 9 2020, 01:48 AM
|
|
QUOTE(Nicklly @ May 9 2020, 01:23 AM) Easily they can finish the 3billion.. They could, and also could go back to market for more funding. This post has been edited by icemanfx: May 9 2020, 03:11 AM
|
|
|
|
|
|
icemanfx
|
May 9 2020, 12:04 PM
|
|
QUOTE(ejmaster @ May 9 2020, 07:52 AM) was there airbnb demand in shah alam / setia alam area? macam wanna to get one for investment QUOTE(taiping... @ May 9 2020, 11:17 AM) I like Shah Alam/Setia alam area. Suburbs but not too far from the city Quiet and peaceful Ya, airbnb.com show this area price is exceptional and very popular. This post has been edited by icemanfx: May 9 2020, 01:11 PM
|
|
|
|
|
|
icemanfx
|
May 17 2020, 09:14 AM
|
|
It seems some Airbnb operators citing MCO, have returned fixed rental/non profit sharing units to owners.
|
|
|
|
|
|
icemanfx
|
May 17 2020, 02:04 PM
|
|
QUOTE(forever1979 @ May 17 2020, 01:55 PM) my brother just kena conned by one airBnB operator. During this period, totally no income, so they cant pay the rent and my brother cant cancel the agt. My brother said there is a clause in the agreement but in a very small font size that in no way he notice it... too bad for him ashe overlook and also first time rentedto people to do commercial biz.. Most Airbnb operators are fly by night companies with little financial commitment from their end. This post has been edited by icemanfx: May 17 2020, 02:09 PM
|
|
|
|
|
|
icemanfx
|
Jul 11 2020, 09:06 PM
|
|
QUOTE(rizts @ Jul 11 2020, 08:44 PM) Any airbnb host willing to share their experience during this covid19 time? How much less booking? Still can cover installment or not? Still doing Airbnb or give up? Many hotels have closed, tourists have fewer choice but to book airbnb. Many places are fully booked from pent up demand.
|
|
|
|
|
|
icemanfx
|
Jul 25 2020, 09:22 AM
|
|
QUOTE(LunazHo73 @ Jul 24 2020, 01:42 PM) Things will get better. Occupancy was very low during MCO. Now starting to pick up. I am currently hosting local Malaysian. I find from my operating experience, local Malaysian is cleaner and look after the unit better. At the end of the day, just hope to cover mortgage only. Since rmco, has income enough to cover mortgage?
|
|
|
|
|