Anyone have experience of using Airbnb as a property owner?

[Timberridge]

My friend rented his house on a certain mountain to man with a British accent named "Jim" and his family. Turns out his name was actually Jagdeesh and his family was extended...to 12 people. On a damp day, the place still retains the exotic fragrance of onions sauteed in madras curry and garam masala.

[XXX-er]

I list via VRBO as well, but I find AirBnB a lot easier to work with. Better UI, easier to edit prices and calendars etc.

yeah IME Air BnB is better for the landlord ... they charge less and if you put a combo lock on the door the LL doesn't really need to be there or even talk to the tennant

booking.com was better for the traveler ... you only pay when you have stayed the LL has to be there to get the moeny and the LL is charged a higher rate than ABnB

and IME if anything goes sideways with ABnB it takes time for the tennant to get their money back of course it doent matter with booking.com cuz you don't pay up front

[WMD]

What do you guys do about insurance With Airbnb or other sites? Just trust what they offer or get commercial insurance or something else?

[pipedream]

This thread has me convinced I should AirBnB my downstairs out for 18BBI

Who am I kidding? Ski school would just rent it and operate a brothel out of it if I did

[Game Over]

It is in Bend and may in my little slice of heaven. ST rentals are crowding out locals, and there's horror stories of neighbors dealing with out-of-control vacationers.
From our local paper http://www.nuggetnews.com/main.asp?S...ctionID=88&S=1

Man I'd be pisses if the place next door became a ST rental

[KQ]

Man I'd be pisses if the place next door became a ST rental

Could be worse. Could be a drug house or a neighbor with 3 or more barking dogs. Maybe someone who puts up those giant blow-up holiday yard decorations and never takes them down or likes to keep a junk car or two hanging out to work on. At least with a vacation rental you know the yard and structures will be maintained.

A woman here in W2 testified in favor of them. She was more than happy when the drug house next to her sold and became a vacation rental. Now it's neat and tidy and quiet. Rentals here are mostly just for weekends during the tourist season so IMO it's not so bad but I have read about bigger cities esp. some in Europe that are nightmares for neighbors. However, as stated above, you could have a permanent neighbor who is a giant pain in the arse 24/7 365.

[ski-wpk]

We Airbnb our primary in Boulder for 14 nights each year (max tax free). Short-term is legal here with a license and Airbnb collects and pays all local occupancy taxes. Nothing but positive feedback so far. We list as available only for popular weekends (CU graduation, Ironman, etc.) and when we’re out of town anyway. 14 nights of rentals covered all our vacation travel for the year. No complaints.

[XXX-er]

some towns/cities are banning ABnB's where the LL does not live on site and that is to try and get more long term rentals back into the system

also usually if the LL lives on site its not so much of a shit show

[Game Over]

Could be worse. Could be a drug house or a neighbor with 3 or more barking dogs. Maybe someone who puts up those giant blow-up holiday yard decorations and never takes them down or likes to keep a junk car or two hanging out to work on. At least with a vacation rental you know the yard and structures will be maintained.

A woman here in W2 testified in favor of them. She was more than happy when the drug house next to her sold and became a vacation rental. Now it's neat and tidy and quiet. Rentals here are mostly just for weekends during the tourist season so IMO it's not so bad but I have read about bigger cities esp. some in Europe that are nightmares for neighbors. However, as stated above, you could have a permanent neighbor who is a giant pain in the arse 24/7 365.

Well you make a great point. Could definitely be worse.

[cravenmorhead]

I thought this was a pretty good piece on the impact of short-term rentals in a mountain town. The main thesis is that while it makes housing harder to find in the first place, renting out rooms or lock-offs can also allow some people to stay that would otherwise be forced out by housing costs. I don't think there are any easy solutions to the issue.

[wyeaster]

That’s fucked up. You should have refunded them if you incurred no losses.

Never rent to, or from an attorney, or realtor. I️ learnt that the hard way renting out my house.


Sent from my iPhone using TGR Forums

so apparently you believe that law and common, willingly-signed contracts should only be enforced when they benefit you. and if they don't, the person with whom you contracted should bear the loss that was predictable enough for them to provide contract terms specifically addressing that scenario.

do you show up late for flights and abuse airline personnel when they don't make an exception to rules and regulations for you?

[wyeaster]

This thread has me convinced I should AirBnB my downstairs out for 18BBI

Who am I kidding? Ski school would just rent it and operate a brothel out of it if I did

i second the notion that bbi and your basement should be a mutually profitable relationship.

the brothel can start the next week.

[wyeaster]

also, i will do shameless things -- including paying non-luxurious amounts of money -- not to sleep in my car this year.

[liv2ski]

Thinking about renting our place just for the couple weeks we are out of town... but USAA said they don't offer any sort of "occasional renters" rider and all their landlord policies are 6mo minimum.

What do you guys do for insurance? I found Proper Insurance but their quote was for a $2000 no-limits yearly policy... I mean my homeowners policy is half that.

Ideas?

Fairly certain this will work for your insurance needs. https://www.cbiz.com/insurance-hr/se...48286-programs

[cravenmorhead]

On the insurance front, I've been comfortable with my family's umbrella policy + the baked-in insurance VRBO and AirBnB provide. If I was entering into a private contract with people I'd definitely want separate insurance though.

[reckless toboggan]

https://globalnews.ca/news/3856084/a...on-properties/

"Airbnb is no longer a community just for individuals renting out their space or properties on their own. These numbers don’t show a multimillionaire sitting on a gold mine. These are businesses that have emerged in this new economy, with hundreds of employees, managing other people’s second homes,” AirDNA CEO Scott Shatford told the Telegraph.

...

AirDNA stated that while 65 per cent of Airbnb hosts around the world are sharing their primary residences, 35 per cent are management companies. In addition, AirDNA adds that the gap between these numbers is shrinking.

...


Over the past few years, several hotel industry groups and government officials have accused Airbnb of facilitating the operation of illegal hotels, and many cities have gone on to regulate the platform to prevent this from happening.

[4matic]

Fairly certain this will work for your insurance needs. https://www.cbiz.com/insurance-hr/se...48286-programs

So many people risking everything for few bucks. A friend does Airbnb and was “overbooked”. She offered me $500 to put a RN up for a week. No way. First thing I said is I’m not insured for that. Neither are they really. Airbnb requires you file a claim against your homeowners before they investigate:

CBIZ Insurance Services, which provides the Assure policy, broke the host’s cost down: For a $1 million, four-bedroom home with contents worth $100,000, the annual cost of coverage would be about $3,000, which includes any damage, liability coverage and replacement of rental income in case the home is temporarily uninhabitable. Most Airbnb properties are worth less than this, its hosts may rent only part of their homes and do so less often, and the company would get a bulk discount if it were to buy coverage for all of them. Still, multiply that times 800,000 listings and it’s easy to see why it’s out of the question for Airbnb to hand out primary coverage to everyone.

[Name Redacted]

Guys, it isn't really that hard:
https://www.slice.is/homeshare/?utm_..._medium=social

[4matic]

Good info there.

[summit]

Guys, it isn't really that hard:
https://www.slice.is/homeshare/?utm_..._medium=social

Excellent!

You use them?

[Name Redacted]

Excellent!

You use them?

Not yet, but we will. Ends up being about $8.75 a night. $1000 deductible, $2000000 in liability coverage.

[Bobby Stainless]

I've always been curious - what do you do if you have a "no animals" policy and someone shows up with animal in tow claiming it is a licensed companion animal? Do discrimination laws apply to private homeowners renting rooms/homes like any other business?

Typically therapy dogs are not allowed. Service and Emotional Support dogs have to be allowed. (seeing eye dog/ PTSD dog).

Both are heavily trained animals, and the owner is actually disabled.

I have a no pet property and I don't mind the actual service dogs as they are house broken.

It's the just graduated college kids with the new lab puppy that ruins the floors.

[papapoopski]

Guys, it isn't really that hard:
https://www.slice.is/homeshare/?utm_..._medium=social

Nice! I was not aware of this. I am leery but it looks like they are partnered with Progressive. I registered today to get a quote $7.25 per day for my property.

I've been renting out a house for about a 1 1/2 years. It's rented just about every weekend. I have a lockbox, wifi thermostat that let's me monitor temps and a cleaning person that takes care of laundry etc. Overall it's been a great experience for me. Slim to no chance of any crack down on short term rentals as my place is in the middle of nowhere. No neighbors to piss off.

First weekend I rented it out, 2 couples from NYC stay. Their dog tore down 2 sets of curtains and scratched the shit out of the front door. I no longer allow pets.
The couples also saw no problem in building a fire right in the middle of the lawn, on bare ground, during a very dry spell, next to a field of tall dry grass. I tried to explain to them that you can't do that. They replied "we do this everywhere we stay, it's never been a problem". WTF

Other than that, no problems for me.

Airbnb was great about getting me extra fees when guests exceeded the number of people that they registered to stay. App is very easy to use. Makes communication and approval of guests very easy.