using subhome

subhome now are selling 50% to airasia , so that leverage subhome power should be ok

Points to consider ....

1. Is easy to jump in but to get out, read the termination clause.

2. The revenue is dependent on the monthly statement received ... how would one know whether the unit is 30 days or  20 days occupied in a month.

3. Whose responsibility for replacement of missing / damaged items / property. Should be the management co since they are the one screening the guests .... but would they agree....their priority is to have more bookings to make more money to cover cost . ..so any guest will do even with poor reviews.

4. 40% is inclusive or exclusive of maintainance, internet, cable tv, electricity and water charges. Should be exclusive ... one will be getting less than 60%

5. Booking.com charges 15% commission for every booking...for every booking, they pay to landlord less than 60%. Airbnb charges 5%. So it depends on where the booking comes from....will the co let the landlord knows.

6. Finally ... is all about money ... how reliable is their monthly payment to the owner. Like all GRR scheme .... always prompt at the beginning only!

if you worry so much....you management yourself, try to think big.... forget it bout small money

https://www.thestar.com.my/business/busines...-rental-market/

Whatever is too good to be true, it is too good to be true.
Beware

so much tenants now are joining subhome, you think you want then you can join?? only selected condo, and you need to take renovation package like hotel, only can join....

sorry , because of my mention all the investor are tenant because of all the property under bank loan, so your property are bank , not yours, thats why i mention tenants, for you maybe landlord, the others you re too ego, when u no trust someone else and think big, how can u growth deep for all your invest and business? may i ask, you got how many property you invest rite now?

Terrible, terrible deal. They are making use of you as time poor rental property owners. Probably laughing among themselves now saying they are the Uber of Property - we don't own any asset, but we own the biggest business! Haha

Hi morris6660,

I am seriously considering...

How’s the return like? Can get ROI 11% return like it’s mentioned in the article? That means that if I bought a 1 mil condo, the rental returns on my side will be 9.1k per month.

Under SUbhome manage robberson and summer suite occupancy rate 90%

no feel want argue with u, for my mindset is, can cover my loan installment interest is enough, no need to mangage at all this is point, and leverage subhome big platform, better then u advertisement yourself and find housekeeping, thats all, maybe u no much property so u dunno manage rent and manage airbnb how hard....

no feel want argue with u, for my mindset is, can cover my loan installment interest is enough, no need to mangage at all this is point, and leverage subhome big platform, better then u advertisement yourself and find housekeeping, thats all, maybe u no much property so u dunno manage rent and manage airbnb how hard....

no feel want argue with u, for my mindset is, can cover my loan installment interest is enough, no need to mangage at all this is point, and leverage subhome big platform, better then u advertisement yourself and find housekeeping, thats all, maybe u no much property so u dunno manage rent and manage airbnb how hard....

Good Luck

I would recommend this. However, as if with other businesses, due diligence and audit is important. Install wireless camera at the front door to monitor actual occupancy. Demand access to listing at airbnb to monitor rating and feedback.