All Forum Posts by: Jason Smith

This is what OP is referring to a comedian Caleb Hearon wrote on Twitter "i'm done with airbnb lmao these mother****ers have curfews, quiet hours, and chore lists now. i will be at a HOTEL." It has 442K likes. Some tik tok people jumped on the bandwagon and made videos, etc. Crap websites like Yahoo, Bored Panda,and Daily Dot ran with story. I have stayed at a VRBO beach house where they charged $130 cleaning fee but still wanted you to take out the trash and possible start a load of laundry for towels - so it does happen. But people have had viral complaints about Uber and Lyft and they are still around. If you buy a STR that only works making 2021 and 2022 daily rates you are going in trouble or if they are outlawed in your area. I predict the people that recently bought in Pigeon Ford, Destin and Joshu Tree are goning to get slaughtered.

@Hunter Peterson Depends on what you are using the money towards. If you are driving by that property in 25 years and tripled in price are you going to say 1) I wish I had never sold that place wasted the money on a luxury car and a pool 2) are you going to say I am so glad I sold that place so I could use the equity to buy this other place 3) I am so glad I kept this place 4) I am glad I took my profits and reinvested a few years later when the market settled down. #1 would be a terrible idea,#2 and #3 would be OK, #4 would be risky - who knows what is going to happen in the future (certainly not some writer at Moody's making 40K/year). If your goal is to buy a bigger house for your family just cause it would be nicer than resist the urge, if the goal would be to buy a house in a nicer area for your family then save and sacrifice to make it happen and keep the investment.

People that bought in 2007, were kicking themselves until about 2016. Those that bought in 2007 that sold at the first time they broke even have been kickung themselves for 15 years.

@Kar Sun if he is currently getting charged $750 less than comparables and is mad about about a $400 increase ($350 less than comparables) then just find another tenant and enjoy your extra $4200/year.

@Cory Petersen a decent duplex is 520K plus and one side will produce about 1450/month in rent

There are too many replies to this post and the OP is getting too emotional about the tenant not being grateful for providing him a nice property under market rent.

My property insurance went up 10% but the counties cost didn't go up that much. My lawnmower wants another $10/cut but I know he isn't passing all that on to his workers or the extra 50 cents in gas in gas he spends on my tiny lots. I have 2 options, just like your tenant, find someone cheaper or suck it up. Doesn't mean I have to be happy about it.

@Eric James most my friends are lawyers and engineers. All the lawyers think this way, and more and more of the engineers are moving this way.

@Joon Kim only $3,333 per positive review? lol. If he cancels the current reservations, I bet over 50% of the people search again and find the place to rebook.

I saw the ad, the carpet looks realy bad among other things.

For all the people questioning why the Original Poster wrote this letter, he did not - it is opinion piece from an unnamed person in the Vail Daily. He cited it was from the Vail Daily.

@Lorenzo Ferdinands i have no idea, but it you are offering 7k less than asking for a house that has been on the market for 75 days.