Well u just got bad luck..
Normally its all okay...
And owners nowadays don't have the time... So they sub it to agents...
Investment AIRBNB unfriendly condo, Please help input if you know of those
Investment AIRBNB unfriendly condo, Please help input if you know of those
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Oct 28 2018, 11:33 AM
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All Stars
48,543 posts Joined: Sep 2014 From: REality |
Well u just got bad luck..
Normally its all okay... And owners nowadays don't have the time... So they sub it to agents... |
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Oct 28 2018, 01:27 PM
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All Stars
20,146 posts Joined: May 2011 |
QUOTE(icemanfx @ Oct 28 2018, 09:49 AM) Airbnb is a commercial activity, increase demand and price of residential units; is detrimental to those looking to buy first home, should be banned from residential units. You got any fact or data to supporr yr case of airbnb increases the prices of resi units?And who misses out in buying their 1st home? |
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Oct 28 2018, 02:08 PM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(BEANCOUNTER @ Oct 28 2018, 01:27 PM) You got any fact or data to supporr yr case of airbnb increases the prices of resi units? Many owner become airbnb operator because they couldn't find long term tenants or rental is at below expectation. If airbnb is banned from residential units; those bought to rent and couldn't rent out are likely to let go at a cheaper price.And who misses out in buying their 1st home? This post has been edited by icemanfx: Oct 28 2018, 02:12 PM |
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Oct 28 2018, 02:16 PM
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All Stars
20,146 posts Joined: May 2011 |
QUOTE(icemanfx @ Oct 28 2018, 02:08 PM) Many owner become airbnb operator because they couldn't find long term tenants or rental is at below expectation. If airbnb is banned from residential units; those bought to rent and couldn't rent out are likely to let go at a cheaper price. U still havent asnwered the question.Do you have any facts or datas to support that airbnb increased the price of resi property? Also do you have any data of on average how many % of a resi condo being used as airbnb? |
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Oct 28 2018, 03:03 PM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(BEANCOUNTER @ Oct 28 2018, 02:16 PM) U still havent asnwered the question. A new, not-yet-published working paper suggests the popular home-sharing service might do just that. The researchers looked at rents and home prices in the 100 largest metro areas in the U.S. between 2012 and 2016. They found that a 10% increase in Airbnb listings leads to a 0.39% increase in rents and a 0.64% increase in house prices.Do you have any facts or datas to support that airbnb increased the price of resi property? Also do you have any data of on average how many % of a resi condo being used as airbnb? https://www.wsj.com/articles/how-airbnb-aff...ents-1508724361 https://www.citylab.com/equity/2018/03/what...rk-city/552749/ https://www.aeaweb.org/conference/2018/prel.../paper/sna9Y7s3 http://www.sharebetter.org/wp-content/uplo...erm-Rentals.pdf This post has been edited by icemanfx: Oct 28 2018, 03:05 PM |
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Oct 28 2018, 03:10 PM
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All Stars
20,146 posts Joined: May 2011 |
QUOTE(icemanfx @ Oct 28 2018, 03:03 PM) A new, not-yet-published working paper suggests the popular home-sharing service might do just that. The researchers looked at rents and home prices in the 100 largest metro areas in the U.S. between 2012 and 2016. They found that a 10% increase in Airbnb listings leads to a 0.39% increase in rents and a 0.64% increase in house prices. Oh no......an average price increase of 0.64% wtf....how is nww owners are going to afford a new homes already????https://www.wsj.com/articles/how-airbnb-aff...ents-1508724361 https://www.citylab.com/equity/2018/03/what...rk-city/552749/ https://www.aeaweb.org/conference/2018/prel.../paper/sna9Y7s3 http://www.sharebetter.org/wp-content/uplo...erm-Rentals.pdf Wait...shouldnt house prices increase jn tandem w unflation? US inflation is below 1% ah? |
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Oct 28 2018, 09:00 PM
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space |
QUOTE(icemanfx @ Oct 28 2018, 09:49 AM) Airbnb is a commercial activity, increase demand and price of residential units; is detrimental to those looking to buy first home, should be banned from residential units. RUMAHWIP / PPA1M, cater for first home buyer, as their first home to stay. But look here: Sentulmas: https://www.airbnb.com/rooms/27128458 Pandanmas: https://www.airbnb.com/rooms/28209578 Puchongmas: https://www.airbnb.com/rooms/26692697 PPAM Kepong: https://www.airbnb.com/rooms/27837127 PPAM Bukit Jalil: https://www.airbnb.com/rooms/27638290 Haha. People fully exploit these affordable housing now. |
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Oct 28 2018, 10:13 PM
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Junior Member
28 posts Joined: Oct 2018 |
QUOTE(AskarPerang @ Oct 26 2018, 08:09 AM) Even after M City ban airbnb, if you search the website, still can find ads listing over there. Why must be around when guest check in? Even if self check in if its done correcty it also can be done without alarming the residents thereI would say still able to do it. Just need to pakat with the guests (brief them what to say) and you must be around to check the guests in, hand them the keys / access cards personally. Even maybe checking out time also you must be around. More hassle. So is it worth the time and effort to manage? Guess not anymore. This post has been edited by genyproperty: Oct 29 2018, 07:25 AM |
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Oct 28 2018, 10:59 PM
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All Stars
20,146 posts Joined: May 2011 |
QUOTE(genyproperty @ Oct 28 2018, 10:13 PM) Why must be around when guest check in? Even if self check in if ita done correcty it also can be done without alarming the residents there It just assume that the mail box door is locked and you cant ask the guard to assist you How yr guest is going to self check in? |
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Oct 28 2018, 11:03 PM
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Senior Member
2,867 posts Joined: Dec 2013 |
QUOTE(genyproperty @ Oct 28 2018, 10:13 PM) Why must be around when guest check in? Even if self check in if ita done correcty it also can be done without alarming the residents there Again, like what Bean mentioned, will any nearby resident or neighbour care who does what with their own unit? I lived in a condo for a few years dy and couldn't be bothered with my neighbours living next door to me on the same floor. Heck, I'm only familiar with the neighbours on my floor, but not those living below or above me. The only time we had to lodge a complaint is when we noticed our ceiling was discoloured and damp due to a water leak from the unit above ours.And if the owner wants (or not) to personally meet the guest, that's his/her prerogative. |
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Oct 28 2018, 11:37 PM
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Senior Member
1,132 posts Joined: Jun 2015 |
QUOTE(AskarPerang @ Oct 28 2018, 09:00 PM) RUMAHWIP / PPA1M, cater for first home buyer, as their first home to stay. WOW RM300 per night, 5 nights per month enough to cover the loan already lar.But look here: Sentulmas: https://www.airbnb.com/rooms/27128458 Pandanmas: https://www.airbnb.com/rooms/28209578 Puchongmas: https://www.airbnb.com/rooms/26692697 PPAM Kepong: https://www.airbnb.com/rooms/27837127 PPAM Bukit Jalil: https://www.airbnb.com/rooms/27638290 Haha. People fully exploit these affordable housing now. This post has been edited by submergedx: Oct 28 2018, 11:38 PM |
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Oct 29 2018, 01:37 AM
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All Stars
20,146 posts Joined: May 2011 |
QUOTE(submergedx @ Oct 28 2018, 11:37 PM) Generally for airbnb if you rent out 15days its more than enuf to either break even or with positive cash flow already.I didnt check which of the above property can denand rm300 but obviously the owner is dreaming. |
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Oct 29 2018, 07:27 AM
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Junior Member
28 posts Joined: Oct 2018 |
QUOTE(BEANCOUNTER @ Oct 28 2018, 10:59 PM) It just assume that the mail box door is locked and you cant ask the guard to assist you You must be new to airbnb. Nowadays most of the airbnb unit is self check in . You set a smart lock to your unit or a simple passcode lock to your mailbox. The password will be given to your guest prior their check inHow yr guest is going to self check in? This post has been edited by genyproperty: Oct 29 2018, 09:33 AM |
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Oct 29 2018, 09:04 AM
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Senior Member
2,867 posts Joined: Dec 2013 |
QUOTE(genyproperty @ Oct 29 2018, 07:27 AM) You must be new to airbnb. Nowadays most of the airbnb is self check in . You set a smart lock to your unit or a simple passcode lock to your mailbox and give to your guest prior their check in at the aibnb apps without your presence There are condos/serviced residences where the mailbox room require a keycard access. Should that be the case, then the owner have no choice but to make himself/herself available in order to attend to the guest(s). That or the owner can notify the guard to allow the guest(s) access to the mailbox room once he/she gives the unit number.I'm just only assuming here since I've not booked an airbnb unit in a condo with this kind of setup. From my experience, most of them are open and you just head to the unit's mailbox (which uses a passcode type of padlock), get the keys and keycard, and go straight to the unit itself. |
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Oct 29 2018, 09:18 AM
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All Stars
23,688 posts Joined: Aug 2007 From: Outer Space |
QUOTE(genyproperty @ Oct 29 2018, 07:27 AM) You must be new to airbnb. Nowadays most of the airbnb is self check in . You set a smart lock to your unit or a simple passcode lock to your mailbox and give to your guest prior their check in at the aibnb apps without your presence For places that already ban airbnb / homestay / short term rental, the easiest method to make life hard for those still want to operate, is to install a door which require access card at the mailroom. Another method is to disallow passcode / digital lock at the mailbox. All must use key. This post has been edited by AskarPerang: Oct 29 2018, 09:19 AM |
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Oct 29 2018, 10:26 AM
Show posts by this member only | IPv6 | Post
#56
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Senior Member
3,834 posts Joined: May 2008 |
For the pro Airbnb forumners here, your views are from the lense of Airbnb users, investors or are you now staying in condo where significant units ran as Airbnb?
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Oct 29 2018, 10:56 AM
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All Stars
48,543 posts Joined: Sep 2014 From: REality |
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Oct 29 2018, 11:01 AM
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All Stars
20,146 posts Joined: May 2011 |
QUOTE(genyproperty @ Oct 29 2018, 07:27 AM) You must be new to airbnb. Nowadays most of the airbnb unit is self check in . You set a smart lock to your unit or a simple passcode lock to your mailbox. The password will be given to your guest prior their check in I think you must be new to airbnb scene my friend.Whatever u mentioned here are the old trick. And mostly used by airbnb operators. Bcos they simply dun care abt meet n greet. Bcos the property is not theirs. I applause desRed. Despite not living in an airbnb b4 he knows exactly the tricks and ways. You on the other hand...have no knowledge of how airbnb operate and the ban going on, if implimented |
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Oct 29 2018, 11:07 AM
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All Stars
20,146 posts Joined: May 2011 |
QUOTE(gks @ Oct 29 2018, 10:26 AM) For the pro Airbnb forumners here, your views are from the lense of Airbnb users, investors or are you now staying in condo where significant units ran as Airbnb? I think in KV only few apartment blocks are having significant airbnb guests....and mostly they are in kul city centre.My rough guesses are summer suites regalia vortex the face. How i know....bcos i watched plenty of Visit Malai utube... And the rest and those out of kl cbd....even if they do have airbnb operation....the % of airbnb units vs long term guests and ownstayers are not significant at all. At best any one time u search airbnb...few units will come out only. Usually not more than 10. Hence i dun understand why ppl are so scary sheet abt airbnb. |
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Oct 29 2018, 11:09 AM
Show posts by this member only | IPv6 | Post
#60
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(BEANCOUNTER @ Oct 29 2018, 11:07 AM) I think in KV only few apartment blocks are having significant airbnb guests....and mostly they are in kul city centre. Similar reason for ph.My rough guesses are summer suites regalia vortex the face. How i know....bcos i watched plenty of Visit Malai utube... And the rest and those out of kl cbd....even if they do have airbnb operation....the % of airbnb units vs long term guests and ownstayers are not significant at all. At best any one time u search airbnb...few units will come out only. Usually not more than 10. Hence i dun understand why ppl are so scary sheet abt airbnb. |
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