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> “It was made to sound like you would be booked all the time, and you could make 5, 10 grand a month,” she says. But the most she’s ever gotten has been $3,500
by karaterobot 3y ago
> “It was made to sound like you would be booked all the time, and you could make 5, 10 grand a month,” she says. But the most she’s ever gotten has been $3,500 a month and sometimes as little as $1,000. “It’s not as much as we were expecting.”
So basically it's paying the mortgage on their $295k second home, which is a pretty good deal if you ask me. I don't think middlemen promising that you will make more money off of a deal than you actually do is a new thing, or that it's limited to AirBNB. Take estimates with a healthy grain of salt.
- bombcar 3y agoIf the deal was really good the middlemen would snap it up. Just like really good real estate offers never hit the open market because the realtors buy the property. But most people are financially bad at estimates and assume that maximum cash flow is anything close to actual cash flow - hence the laws requiring MLMs to disclose the average compensation vs the highest.