All Forum Posts by: Jemini Patel
Jemini Patel has started 2 posts and replied 2 times.
Post: Renter Demand for ADUs?
- New York
- Posts 2
- Votes 0
Hi All! My parents have a (legal) ADU in their backyard and I floated the idea of them possibly fixing it up and renting it out as a form of income since they are retired.
It doesn't seem like it's uncommon for people to rent out their ADUs, but I'm curious for anyone who has, what type of tenants are generally interested in this set up.
It's about 750 sq ft. and would probably be furnished and a mid-term or month-to-month set up to allow for flexibility when family is in town.
I'm just starting to learn about these types of units and currently the idea of living in someone's backyard is very foreign to me coming from NYC. We are just trying to gauge if there is enough demand for this type of set up to justify the cost of renovating.
Any thoughts are much appreciated!
Post: Posting on Airbnb vs Home Away vs VRBO, etc.
- New York
- Posts 2
- Votes 0
Hi Everyone! I recently decided to rent out my apartment for extra cash and have been trying to figure out which platform to list on.
Few questions:
1. How do you typically decide which rental platform (Airbnb, Home Away, VRBO, Trip Advisor, etc.) to list on? Or do you list your property on multiple sites?
2. If you list on multiple sites, is there an easy way to do this using a third party site/software or would I need to individually list on each site?
3. How do you determine the price to list your property at?
Thanks!