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All Forum Posts by: Daniel Muscarella

Daniel Muscarella has started 8 posts and replied 22 times.

Post: Is AirBNB really dead?

Daniel MuscarellaPosted
  • New to Real Estate
  • Posts 23
  • Votes 5
Quote from @Neil Ridens:

My AIRBNB hit a slow down, and we changed course and have been renting it out on less than 1 year leases. Found a good market niche with people who are building houses, moving, short term jobs, etc. We are now off AIRBNB & rent furnished houses out at a 10%-20% mark up on normal rents, just for being flexible. Right now we did a 3 month lease with MTM after, and told the tenant to just give me a month notice when there under construction house will be done. Less hassle & headache, and still get more of a return than a typical rental. Depending on your market you should definitely consider it. Also it removes a lot of the competition between AIRBNB & typical rentals. 


 Since you're off AIRBNB, do you just find a place for rent on zillow and pay that rent and have other people rent it out while charging more.  How do you find already furnished houses or do you furnish them and rent it out to other people.  

Post: New to the Real Estate Industry

Daniel MuscarellaPosted
  • New to Real Estate
  • Posts 23
  • Votes 5

Hello,

I'm in the Leesburg area and new to real estate as well.  My interest include short term rentals and wholesaling.  For short term rentals, do you find it hard to be able to do that?  Do you contact landlords and ask if you can do that or do you buy a place and rent it out? 

Post: Is AirBNB really dead?

Daniel MuscarellaPosted
  • New to Real Estate
  • Posts 23
  • Votes 5
Quote from @Curtis Mears:

@Daniel Muscarella

A bigger issue is finding a landlord willing to let you make money off his asset. I had a tenant try it and i removed him asap and was prepared to sue him to get any revenue he collected from my property. You will need to find a really bad landlord who allows subleases.


 How would you go if you were 19 with no money and trying to get into real estate ?  What path would you take

Quote from @Paul Sandhu:

Let me get this straight. You want to rent a property and then rerent it to tourists? Interesting concept. 


 Yes. Do you have a better suggestion?

Hi all,

I will be moving to North Carolina in August and plan to rent a place and then put it on Airbnb to make some money. However, I'm not sure what cities in North Carolina are good for airbnb. I'm familiar with AirDNA but I'm not too sure if it's reliable and accurate. If anyone knows the best places to make money off STR/AirBNB in North Carolina, please let me know.

Thanks

Post: Is AirBNB really dead?

Daniel MuscarellaPosted
  • New to Real Estate
  • Posts 23
  • Votes 5

Thanks everyone for the insight.  I heard about all these claims from Tiktok and saw many people comment about the loads of tasks they were asked to do before checking out and saying hotels are cheaper.  However, I am aware that Short Term Rentals are becoming a lot more popular and it scares me because I want to get in this market but fear I may not be able to get a property in time because I still have to save up.  But I have a few questions.  

1. How did you guys start out?  Did you have a mentor? Did you just rent a property and listed it on Airbnb?  What would you say to someone that's completely new and trying to start out?

2.  What can you do to make sure your property stands out?  I'm going to be moving to North Carolina in August and plan to find a property where I can rent out and list on AIrbnb. 

Post: Is AirBNB really dead?

Daniel MuscarellaPosted
  • New to Real Estate
  • Posts 23
  • Votes 5

Hi all,

I'm a 19 year old and have been wanting to get into real estate, specifically renting a property and putting it on airbnb to get cash flow, however I been seeing around that airbnb isn't what it used to be.  People complain that there are too much for cleaning fees and that hosts make the guests do a lot of work that really seems unnecessary.  I also see people say that they rather get hotel rooms now instead of airbnb because it's a cheaper option.  So, I just want to see if anyone that is in airbnb can justify that and maybe give me some tips for someone that is starting out or wants to start out.  

Post: Northern VA Open Networking

Daniel MuscarellaPosted
  • New to Real Estate
  • Posts 23
  • Votes 5
Quote from @Matt Raleigh:

@Matthew Ridgeway    @Benjamin Sampson   @Paul Ellington    @Daniel Muscarella

Okay so the five of us definitely have to chat at Jin's meeting at least! Jin, February 17th does work for me assuming it's the evening. Unpredictable day job, but I'll probably be able to make it.


And for you all that I tagged, maybe we can do something hyper-local, too, since we are all newbies (excepting Paul), OOS-leaning, and I believe 2 or 3 are Leesburg, 1 of you is Chantilly, and I am Ashburn. I'll wait to see if you are coming to Jin's main thing and then we've gotta connect :)

Ill be at the event! I'm looking forward to meeting up with everyone. 

Post: Northern VA Open Networking

Daniel MuscarellaPosted
  • New to Real Estate
  • Posts 23
  • Votes 5

I believe I will be able to attend the event on the 17th.  I hope to see everyone there!

Post: Hello Bigger Pockets -

Daniel MuscarellaPosted
  • New to Real Estate
  • Posts 23
  • Votes 5
Hi Jabari,

I'm in the Leesburg area in VA and interested in wholesaling.  Would love to connect and discuss some things that we may be able to talk about. 
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