Outline ·
[ Standard ] ·
Linear+
AirBnB, Anyone do/did aBnB? good bad? pls share
|
jetwash
|
 Sep 20 2017, 11:07 AM
|
|
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.
|
|
|
|
|
|
jetwash
|
Sep 21 2017, 08:40 AM
|
|
|
Airbnbs I stayed in Seoul and Tokyo were both sublets. I think it's about time Malaysian landlords become more flexible.
|
|
|
|
|
|
jetwash
|
Sep 21 2017, 10:20 AM
|
|
|
QUOTE(mini orchard @ Sep 21 2017, 09:20 AM) 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? 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. |
|
|
|
|
|
jetwash
|
Sep 21 2017, 12:28 PM
|
|
|
QUOTE(mini orchard @ Sep 21 2017, 10:41 AM) 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. 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. |
|
|
|
|
Quote
0.0160sec
0.59
7 queries
GZIP Disabled