All Forum Posts by: Evan R.
Evan R. has started 1 posts and replied 118 times.
Post: Live Forum Chat Room

- Engineer
- Oakland, CA
- Posts 120
- Votes 76
Post: Deal help: Hack my housing with this deal?

- Engineer
- Oakland, CA
- Posts 120
- Votes 76
Airbnb/VRBO might not work all too well. Vacation Renters tend tend to be tourists. The turn over is more frequent, and there is the upfront cost of providing furniture and linens.
Looking at the 26 airbnb listings for Fairbanks, the average price per night is $121.93, and the average vacancy rate is 71.9%. These numbers aren't that great. :/
Post: How should I approach this off market potential vacation rental?

- Engineer
- Oakland, CA
- Posts 120
- Votes 76
Looking just at the 42 Fort Bragg listings, the average price per night is $155.55, and the vacancy rate is 70%, which is better than the rest of the coast.
Post: How should I approach this off market potential vacation rental?

- Engineer
- Oakland, CA
- Posts 120
- Votes 76
@Orion Walker I looked on airbnb along the coast between Fort Ross to Fortuna. There are 186 listings. Across all the listings, the average price per night is $189.78, and the vacancy rate is 75%, which is very high.
Breaking down the listings by bedroom, it doesn't look much better for either 3/2, or 2/1.
Parking is tough.
Is the property in a walkable enough area? People with out cars(i.e. using Uber) wouldn't mind the parking situation.
Where is the property? I can check airbnb to see if parking makes a difference for vacancies and price.
Post: Buying an NYC apartment and want to use AirBNB for renting it out

- Engineer
- Oakland, CA
- Posts 120
- Votes 76
For the most part, NYC is cracking down airbnb hosts who are treating their properties like a business. If @Guliamo Zidan has one property, chances are he's not going to have his address from airbnb in a subpoena.
Post: Buying an NYC apartment and want to use AirBNB for renting it out

- Engineer
- Oakland, CA
- Posts 120
- Votes 76
Welcome to Bigger Pockets, @Guliamo Zidan
It might be possible to buy a place in NYC, and rent it out as a vacation rental when you're not using it.
What you're looking at is it more cost effective to pay to stay in NYC 3 months out of the year, or is it more cost effective to buy a place, and rent it out 9 months out of the year.
When you're in NYC, where do you stay?
Post: AirBnB a Pandora's box of nightmares

- Engineer
- Oakland, CA
- Posts 120
- Votes 76
Hey @Paula Samuel Welcome to Bigger Pockets.
AirBnB portrays themselves as "connecting people", and building community. If you look at the source of their revenue, it's largely from people operating like a business.
Incidentally, Airenvy is not directly owned by Airbnb.
-Evan
Post: Vacation Rental Property - Destin Florida

- Engineer
- Oakland, CA
- Posts 120
- Votes 76
Hey @Lars Anderson
Welcome to Bigger Pockets.
I looked at the 250 listings in Destin on AirBnB.
The average price per night is $350, and the average vacancy rate is 85%.
A vacancy rate of 85% is rather high. This means that you might only be booked one night a week.
I've noticed that 80-90% vacancy rate to be average for costal communities on the east coast.
Part of this could be caliber of operator on airbnb.
Post: Zoning / Condo rentals (AirBnb / VRBO)

- Engineer
- Oakland, CA
- Posts 120
- Votes 76
One you figure it out, make sure to share your findings here.