3 ms·
My suspicion is those cheap single rooms were never worth it for the hosts once you consider the long tail of things that can go wrong. One bad guest who upset
by smelendez 3y ago
My suspicion is those cheap single rooms were never worth it for the hosts once you consider the long tail of things that can go wrong.
One bad guest who upsets the other residents and leaves the property in bad condition will sap your earnings and throw off your life. Airbnb might eventually reimburse you for damage, but there’s still your time and aggravation.
Also any household maintenance issue, like an internet outage or finicky toilet or a microwave on the fritz becomes an emergency if it’s an amenity you promised to a guest. Even realizing the guest towels are getting a little worn might be a cause for panic. Motel 6 has a handyman on call, maybe the owner or a relative, and can take a room out of rotation if they’re not booked solid, but Joe Airbnb is stuck begging a plumber to come out on short notice or rushing to Target before check in time.
- shagie 3y ago> My suspicion is those cheap single rooms were never worth it for the hosts once you consider the long tail of things that can go wrong. They stay too long, and now they're a tenant rather than a guest - and you can't evict them. https://www.sfgate.com/travel/article/airbnb-tenant-squatter-ca-la-18476228.php https://www.sfgate.com/travel/article/airbnb-tenant-squatter... https://www.airbnb.com/help/article/805 https://www.airbnb.com/help/article/805
- ghaff 3y agoI suspect that people in general are very bad about factoring in fully amortized costs--especially for expensive things that may be unpredictable and likely only happen once in a great while. I was having a discussion not that long ago about how a house that's paid off actually costs a lot of money.