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

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shadow_walker
post Oct 30 2018, 10:28 AM

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QUOTE(DrPitchard @ Oct 29 2018, 10:11 PM)
I once tried AirBnB. The initial part, to kick start, is damn tough. Since with 0 ratings, its hard to get people to notice. Had to throw price like hell for the first few bookings. Once had bookings and rating start to build up, then price slowly increase to.

Possible to reach a decent income which is much more than the normal rental gain. Nevertheless, time consuming and tiring, especially if one only manages one unit on a part time basis. Thus, decided to give up in the end and swap back to normal rental strategy.
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if u only have one unit then GG liaoo..u need volume to make it worthwhile. if only one than u already did yourself a favor there. haha

usually airbnb operator need to have minimum 10 units to make it worthwhile. need cleaning staff runners etc. headache also liaoo

 

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