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 "Airbnb/hotel" style management for apartments, Are these companies legitimate?

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Existenz99
post Nov 5 2018, 08:18 PM

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QUOTE(morris6660 @ Oct 28 2018, 11:57 AM)
subhome now are selling 50% to airasia , so that leverage subhome power should be ok
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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.
Existenz99
post Nov 7 2018, 08:24 PM

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QUOTE(balistafear @ Nov 7 2018, 12:22 PM)
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
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Please do share more information. Did you or your friend got a bad experience with Subhome?

Now I have serious reservations of Subhome!

The notion of ‘time poor rental’ property owners sounds like they are milking from my property! Earning lotsa $$ without due care of the owners well being! I thought this is supposed to be a win-win business partnership???

 

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