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

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morris6660
post Aug 17 2018, 09:21 AM

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can i know more then details about this subhome
morris6660
post Aug 18 2018, 09:40 AM

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whether anyone else has dealt with this specific group before (Subhome Management), and whether they're reliable?
morris6660
post Aug 29 2018, 11:47 AM

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if for outstation investor, subhome or other airbnb operator its the best choice, but how we can monitor occupancy rate?
morris6660
post Sep 24 2018, 01:50 PM

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QUOTE(mazareef @ Sep 24 2018, 01:12 PM)
Airbnb have the "progress" tab for you to see. Need to make sure operator share the ID/Pass with you.

Using operator is a bit tricky to monitor since they like to have a few airbnb advert for the same property.
Need to find a trustworthy operator (don't ask me, I don't use one).
But using operator also have lots of advantage i.e less headache.

Best way to gauge occupancy would probably see the electric bill. just download TNB app. if operator says one one booking one day but bill is 300, then it is time to find another. One more method would probably get some method to monitor internet usage.
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using subhome
morris6660
post Oct 28 2018, 11:57 AM

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QUOTE(Doraemon80 @ Oct 24 2018, 01:34 PM)
Good?
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subhome now are selling 50% to airasia , so that leverage subhome power should be ok
morris6660
post Nov 5 2018, 11:06 AM

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QUOTE(Doraemon80 @ Nov 4 2018, 11:47 AM)
Totally agree. Beware of this S u b h o m e
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if you worry so much....you management yourself, try to think big.... forget it bout small money
morris6660
post Nov 5 2018, 01:45 PM

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QUOTE(Doraemon80 @ Nov 5 2018, 11:54 AM)
11% ROI? Means u get free house in less than 10 years? Haha...What a joke! A paid article?
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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....

This post has been edited by morris6660: Nov 5 2018, 01:45 PM
morris6660
post Nov 6 2018, 01:41 PM

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QUOTE(Doraemon80 @ Nov 5 2018, 09:11 PM)
Haha... simi tenant? U mean u are a tenant and not treated as a landlord by SubHome? Omg!! I am a landlord and not a tenant and definitely occupying a v prime location! Lol
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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?
morris6660
post Nov 15 2018, 03:01 PM

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QUOTE(Doraemon80 @ Nov 12 2018, 11:51 PM)
Some more Malaysia do not have unfair contract law! Enter any contract with them at your own risk!

https://www.thestar.com.my/opinion/letters/...r-contract-law/
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Under SUbhome manage robberson and summer suite occupancy rate 90%
morris6660
post Nov 18 2018, 12:34 PM

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QUOTE(Doraemon80 @ Nov 17 2018, 02:55 PM)
So what? Does it translates into equally impressive profit for u? Tell me what is the revenue u get? How much u as an owner is getting? It is so easy to reach 90% occupancy rate by lowering rents! Who pays for it? It is u the owner as cost are already deducted from your returns and they take another cut! Hahaha.. what win win situation! It’s they win u lose!
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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....
morris6660
post Nov 19 2018, 11:30 AM

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QUOTE(Doraemon80 @ Nov 18 2018, 11:04 PM)
So how much property u own since I don’t have much. Or rather are u on behalf of sub managing many units that u know how hard it is and ripping the owners
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Good Luck
morris6660
post Nov 19 2018, 01:17 PM

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QUOTE(prophecus @ Nov 19 2018, 11:38 AM)
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.
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they are use occupancy rate for 100 unit, so if your unit no rent out also will give u payment
morris6660
post Nov 22 2018, 11:06 AM

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QUOTE(AskarPerang @ Nov 22 2018, 12:24 AM)
Are you sure? How can this be at 90% occupancy rate?
Doing airbnb/homestay but rate is worse than to just find a long term tenant and rent out. Minimum rental can get 2k.

user posted image
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can u post out whole years payment
morris6660
post Nov 22 2018, 02:06 PM

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malaysia got too much airbnb operator,victoria home also very good

 

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