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Investment AIRBNB unfriendly condo, Please help input if you know of those

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BEANCOUNTER
post Oct 25 2018, 11:53 PM

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QUOTE(icemanfx @ Oct 25 2018, 09:52 PM)
Residence is meant for home not business.

Strangers could compromise security and exclusivity else condo need  not restrict strangers access.
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Guess u prefer to pay higher price for nothing to stay in hotel or hotel suite?

So there is absolutely no crime if rented to longer term tenants like for one month to 6 months?

This post has been edited by BEANCOUNTER: Oct 25 2018, 11:55 PM
BEANCOUNTER
post Oct 26 2018, 10:46 AM

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QUOTE(icemanfx @ Oct 26 2018, 03:48 AM)
Prefer to stay at chain hotel as facilities and services is more consistent.

Do you like your neighbour to be Airbnb, have strangers come and go regularly?
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hotel is too cold and rigid, and small place. there is absolutely no personality. Yes you can get suites of 50m2 or whatever, but where to find the money to stay there for a month?????

honestly if you stay in high density condo or service apartments, you can hardly know yr neigbours. they too rented to tenants, and also come and go.

other time will be when I get out and see some human movement, they also quickly go into the unit, like wanted to avoid any human contact.

frankly you will be lucky to talk to anyone either in corridor or lift within a week.

there was one time, my opposite neighbour happened to left her key in the key house 'outside' the grilled door. I thought I be kind hearted and press the bell to inform her. When she saw me, macam gave me a look like 'what do you want? I have no salt n peppers in the house'. no a smile to greet me at all.

so there is no different whether its long or short term stay. in fact, Airbnb customers, I believe tend to be more friendly and international.


if you want to talk about bad hats, there are everywhere...….


landed neigbours ARE THE WORST.
BEANCOUNTER
post Oct 26 2018, 10:54 AM

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QUOTE(Hofmann33 @ Oct 26 2018, 10:29 AM)
Heard that Southbank Residences along Old Klang Road got warring factions between airbnb operators and whose against it, not sure if banned or not.

Be great if anyone could confirm.
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I believe many service apartments also got...not only southbank.

I saw Airbnb at Citizen and Southviews.
BEANCOUNTER
post Oct 26 2018, 03:03 PM

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QUOTE(LTG @ Oct 26 2018, 02:53 PM)
any airbnb friendly condo ?
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condo or service apartments?

I know one or two pure condos next to citta mall got Airbnb listing.

friendly or not, am not sure,
BEANCOUNTER
post Oct 26 2018, 03:15 PM

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QUOTE(icemanfx @ Oct 26 2018, 03:05 PM)
Airbnb may have lounge but is not equivalent to hotel suite in id or furnishing. a good hotel give pocket spring mattress; Airbnb mattress could give back pain. In hotel, house keeping is supervised; Airbnb housekeeping is depending on cleaner.

If one is a unfriendly person; whether to live in condo or landed remain lonely.

If strangers is accepted, why bother with multiple tier of security and access control. If international airbnb guests is acceptable, why not ph or foreign worker tenants?
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come on lah….unless you can afford to live in hotel everyday of your life, you still need to come back to earth and enjoy yr thin mattress and do your own house keeping. why so lansi about short stay in hotel?

more important note is You should treat Airbnb home like your own home. I am realistic, not short term fantasy chaser.

I bet you talk to all the guests in the same corridor in your hotel room.

International guests include everybody except Malaysian citizens.

Airbnb guests are not stranger. In fact, your Airbnb host and portal provider have all the information about yourself, including yr pixs, yr drivers licence.

how many long term tenant that JMB got their face iD? or owner for that matter?
BEANCOUNTER
post Oct 26 2018, 05:14 PM

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QUOTE(icemanfx @ Oct 26 2018, 04:21 PM)
Some like to indulge when travel, some like to remain comfortable like home (at hotel). Hence, Airbnb is for certain group of customers e.g those travel cheap.

Airbnb could operate at service apartment, Soho but not residential.
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then why you even compared hotel vs Airbnb since everyone has preferences?

unfortunately its not for you to decide where Airbnb can operate.

also pls boycott Grab too.
BEANCOUNTER
post Oct 28 2018, 07:23 AM

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QUOTE(submergedx @ Oct 28 2018, 02:34 AM)
Can you extend the explanation of operators are running a business without proper registration not paying tax?
I know Airbnb are getting crowd these days and the owners hire some agents or operators to manage their units.
Do you mean they are running a business without a business company registration? or REA license you mean?
I once read a post from Jay'Lord that he get scammed by one of his Airbnb operator
Guess that will happen when the rules are not execute closely by the authorities.
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You dun need a licence in any form and substance to run an airbnb operation.

Jaylord dei sei lah....buyx3 for flip but when sheet hits the wall he had no choice but to appoint operator to rent out his vacant units
BEANCOUNTER
post Oct 28 2018, 01:27 PM

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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.
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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?
BEANCOUNTER
post Oct 28 2018, 02:16 PM

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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.
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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?
BEANCOUNTER
post Oct 28 2018, 03:10 PM

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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.

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
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Oh no......an average price increase of 0.64% wtf....how is nww owners are going to afford a new homes already????

Wait...shouldnt house prices increase jn tandem w unflation?
US inflation is below 1% ah?

BEANCOUNTER
post Oct 28 2018, 10:59 PM

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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
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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?
BEANCOUNTER
post Oct 29 2018, 01:37 AM

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QUOTE(submergedx @ Oct 28 2018, 11:37 PM)
WOW RM300 per night, 5 nights per month enough to cover the loan already lar.
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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.
BEANCOUNTER
post Oct 29 2018, 11:01 AM

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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
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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
BEANCOUNTER
post Oct 29 2018, 11:07 AM

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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?
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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.
BEANCOUNTER
post Oct 29 2018, 11:41 AM

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QUOTE(icemanfx @ Oct 29 2018, 11:09 AM)
Similar reason for ph.
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Was there any proven cases that airbnb guests committed crime like stealing murderimg robbing kidnapping and hit n run?

Yes sone nuisane like partying or damage common property but this can happens to long stay tenants too.

Obviously no ownstayers want to see their condo or apartments turn out to be bus station or red light district pick up point. I understand that.

But how many buildings in kv turn out to be exactly like that? Less than 10?
BEANCOUNTER
post Oct 29 2018, 01:20 PM

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QUOTE(nexona88 @ Oct 29 2018, 01:11 PM)
PH is much more worse..
Make no sense to worry about AIRBNB 😎
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Well if one bought into those investment friendly property like riveria (for example nia dun get angry jonathan) then what do you expect the end result will be?
BEANCOUNTER
post Oct 29 2018, 02:51 PM

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QUOTE(damonjun11 @ Oct 29 2018, 02:43 PM)
Generally, airbnb guests does not care/know much for house rules. Why care so much if you only there for 1/2 nights.

Picnic/kfc+ing by the side of the luxury infinity pool, rubbish everywhere (some might be owner's fault), never take care for the facilities provided, park anywhere they deems ok. creating nuisance party noise.

I would not care much for airbnb in my condo if they do adhere to the house rules. but for most of the cases, they are just creating trouble for the real residents.
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Might sharing which condo is that?

I try to check if any airbnb available or you just shooting blank.

I guess u never book airbnb b4. Try to book airbnb for one night and see.

You are one of those ppl that blame everything on someone else.....
Get yr proof and present to mght committee and have airbnb and all forrm of rental arrangement banned lah.
BEANCOUNTER
post Oct 29 2018, 04:12 PM

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QUOTE(damonjun11 @ Oct 29 2018, 03:57 PM)
Dont get me wrong. I am not all against airbnb.

Yes. I m not a airbnb host and i have annoyed by the airbnb guest.

I have seen it with my own eyes. picnic by the pool, queuing by the lift to wait for access card while soaky wet etc etc.

Complained and it was dealt with and similar issues occur in the coming weeks.

I agreed that airbnb would lessen burden and generate extra income for prop investor.

But it come with whose cost?

I am not totally against airbnb but the regulation way too loosen.

It should be registered and regulated like grab.
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I suggest to experience and appreciate fully Airbnb, you need to try it out for yourself. no point discuss a war on paper only.

how do you know they are Airbnb guests? if you do, do you know who owner that these Airbnb guests rented from? take action again the Airbnb owner.

I also often see soaking wet guests enter lift. its annoying but I don't know if they are rentees, friend of rentees, ownstayers or Airbnb guests.

all I am saying is Airbnb guests are no different from hotel guests and renting guest or ownstayer. Behavioural from upbringing. If you have a bad father and mother, you will have a bad child,
BEANCOUNTER
post Oct 29 2018, 04:38 PM

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QUOTE(gks @ Oct 29 2018, 04:27 PM)
Have you hear about law abiding Singaporeans when they cross border to Malaysia, they have become the demon on the road?

Nothing to do with upbringing of them. It is basically they know they can get away with it.

I guess most of the forumners here speaking from users and investor POV. There are many valid reasons why Airbnb are being banned in main cities or regulated strictly to the extend limit the duration of guest stays etc.

In Malaysia it is way too loose and it is not a good idea Local Council leave it to the hand of JMB and MC to manage airbnb.
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bcos those singaporeans that behaved badly are having bad fathers and mothers.

dun talk about spore lah….a Japanese hostel also ban kau Malaysians.

if you are from a shitty family, you will be shitting anywhere, everywhere.

I welcome gov intervene and control. its getting a bit out of hand now as even developers are launching the entire project based on the premise of Airbnb usage. Riveria and Scarletz come to mind.
BEANCOUNTER
post Oct 29 2018, 10:25 PM

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Actually airbnbaso is not easy to manage.

Unless u got quantity otherwise for longer term also not easy to nake money.

Need to clean up this and that.

If give to airbnb operators they also care less of yr unit one...most time i think you spend time repair yr unit than renting out....

So appreciate airbnb while its still here....

Some hotel groups also list their popety in airbnb...geno is one of them.

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