May be Airbnb is only bad in states?
May be Airbnb is only bad in states?
There must be some books or trade magazines out there where they are all getting this stuff...
I've probably booked 15 airbnbs in the US, and they've all been great. No complaints of unruly hosts, or crazy checkout chores. I think if you stick with superhosts or any property with lots of reviews, you'll usually have a good time. My biggest problem with airbnb at this point is the hidden fees until checkout.
We experimented with AirBnb one time last year while we were in Florida looking at places before we bought. While the experience wasn’t bad, we really prefer hotels.
At a hotel, we always have access to a gym, the vast majority of the time we have access to a pool and we have consistency.
I know exactly how much we will be paying, we check in before we get there on the app, our digital key is usually ready and we go straight to the room and unlock the door with our phone. When we get ready to leave. We leave. We don’t have to wash anything. Clean up anything. Nothing. We just leave.
We don’t have to worry about auditioning to find a place to stay our ratings as guests and we know the exact address of the hotel.
We usually fly out on Sunday. When I land, I want to know what I’m going to get. I prepare my work setup when I land. My wife does an Instacart order.
I don’t have to worry about shady owners, renting places that aren’t zoned for short term stays etc.
If I have an issue, and the hotel can’t or won’t fix it, I can look for another hotel, cancel the reservation with no questions asked and move on.
Not to mention that I’m also getting loyalty points along the way - worth around 25-30% - of each dollar spent for future stays.
We are using the points we earned to stay free for a week this year in a San Juan, PR, Los Angeles, Niagara Falls Canada and Toronto. We stayed in downtown Savannah for a week free New years week.
[1] https://www.thebalancemoney.com/what-is-a-condotel-5212277
Either her or I use the carry on when we travel by ourselves - me on business trips and her to conferences.
The kitchens usually have a full refrigerator and two burner stove.
Our Condotel for the winter is a full two bedroom/two bath condo with a stove and oven.
No storage services. We threw out everything and sold our cars.
Our original plan was to move to Florida full stop. We were looking on Redfin for a condo with a view, access to pools, walking distance to restaurants and it showed up.
We called the real estate agent and she explained the concept and said we could only live there 180 days. I was initially disappointed. But then my wife said we wanted to travel anyway, so why not travel around the US the rest of the year.
BTW, I tried to find the most even handed article of the pros and cons. Most of the sites you find are by real estate agents who want you to buy. Let me be more clear.
You will lose money over the course of the year on almost all of them even if you put the required 25-30% down.
The income offsets some of the holding costs.
I had a plan going in and this was never meant to be an investment.