I am now already in a +10 day discussion with Airbnb on an i...
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I am now already in a +10 day discussion with Airbnb on an issue of blocked days that are being switched to 'active' in the c...
Latest reply
Big Bear Lake is in the process of implementing new requirements for people hosting short-term rentals. These requirements are making it increasingly difficult and expensive for Hosts to continue to work through AirBnB...thus pushing them toward using the vacation rental companies. I have tried to summarize what I think are the new key regulations and questions and concerns I have about them. Wondering if anyone has ideas/hacks on how to comply with new regulations while still participating in AirBnB. From my initial research, moving away from AirBnB will both reduce gross revenue (bookings) and obviouslhy increase costs due to management fees. Thanx!
This is what I think are the (new) requirements for Big Bear short term rentals:
My questions/concerns:
I'm not an expert as I've only been renting for one winter and last summer the lake was closed to boats and swimmers but the cycling events did attract some summer visitors. Spring and fall were pretty slow and Oktoberfest didn't seem to help. December through March was great but you should ask someone who's been around for a few years to get a true picture.
Hi! If anyone is looking for a check-in agent or 24/7 compliance agent, please take a look at our website! We are certified for the Big Bear area! Our services are perfect if you do not want to be under a property management company and just need a check-in agent, etc.!
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- Julian
I tried to message you but I cant figure out how
Hi All, I'm planning on buying a vacation rental property in Sugarloaf, and I currently 2 Airbnb properties in Orange County. With TOT and use of management companies or co-hosts, is anyone willing to share their % profitability? I imagine with everything in place I might only break even with my standard 30-year mortgage payment.
The only way you will be able to estimate your profitability is to create a budget - identifying all your costs - set up and ongoing . Estimate what you can charge out at and how many days a year, for how many guests in a post covid environment and likely taxes in order to give you a likely net profit figure @Ervin5
Well maybe you should review your "business model". Or else get a real career instead. It's really hard to feel sorry for you.
Interesting thread, and tho' I'm a couple years late in commenting, the issues are still about the same. That is: people with some extra cash want to make money without doing any work. So they buy a property and rent it out without realizing that they are now a "business". And now they are realizing it's not that simple. Welcome to the real world. Grow up and stop whining, kids.