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The Water Cooler
General Discussion
Anyone here in the AirBnB or similar business?
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<blockquote data-quote="OkieJoe72" data-source="post: 3810902" data-attributes="member: 48447"><p>Are you thinking about using AirBnB, vrbo, etc in your area, or are you thinking about other areas that attract more tourist types? Here’s a few random thoughts in no particular order: 1) AirBnB does a pretty good job of marketing your property and manages the booking process. 2) You are responsible for cleaning the property. If you aren’t close to the property, you are relying on somebody else to make sure it’s done properly which is not an easy task. 3) You always run the risk of someone tearing up your property 4) Consider the pro’s and con’s of short term stays versus renting the property long term. 4) With long term rental contracts, you can do background on prospective tenants. </p><p></p><p>I have two cabins, and I’ve thought about trying vrbo for short term stays. Currently, I rent the cabins long term. They stay rented about 99% of the time. I know folks in my area that use vrbo for rental properties, and they do pretty good with them as well. My main reason for not trying it yet is because I don’t want to deal with the cleaning on a daily basis.</p></blockquote><p></p>
[QUOTE="OkieJoe72, post: 3810902, member: 48447"] Are you thinking about using AirBnB, vrbo, etc in your area, or are you thinking about other areas that attract more tourist types? Here’s a few random thoughts in no particular order: 1) AirBnB does a pretty good job of marketing your property and manages the booking process. 2) You are responsible for cleaning the property. If you aren’t close to the property, you are relying on somebody else to make sure it’s done properly which is not an easy task. 3) You always run the risk of someone tearing up your property 4) Consider the pro’s and con’s of short term stays versus renting the property long term. 4) With long term rental contracts, you can do background on prospective tenants. I have two cabins, and I’ve thought about trying vrbo for short term stays. Currently, I rent the cabins long term. They stay rented about 99% of the time. I know folks in my area that use vrbo for rental properties, and they do pretty good with them as well. My main reason for not trying it yet is because I don’t want to deal with the cleaning on a daily basis. [/QUOTE]
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