All Forum Posts by: Jim K.

There are a lot of advantages to crypto, but one interesting point that doesn’t get enough airtime is that it’s the first form of ownership in human history, globally valid, that is enforced by mathematical proofs instead of violence (or threat thereof). For this reason alone it’s worth having some held directly in my opinion.

Hi everyone,

After replying to hundreds of posts, I never thought I'd be the one posting and asking to the community for help but I guess everything has a first time! :)

We have a new listing on Airbnb. There is a designer sofa bed in the living room with a queen bed with a comfortable mattress in it and it was pretty expensive. Before listing the property, we were using it for ourselves and our family and friends. Once, somebody older from our family mentioned that the sofa bed wasn't that comfortable if you sit for a long period of time in it. Otherwise, no complaints and some mentioned it was actually (very) comfortable. Personally, I'm fine with it but I'm not very demanding for a sofa so it means little. I was told that, by definition, a sofa bed would be less comfortable than a sofa because of the metal in it. We then listed the property on Airbnb. We got two 5-star reviews. And then the third review came. We were hoping for another 5-star to start with an official 5-star review but we got the review that kills, a 4-star bringing us down to 4.67 below the direct competition and also with a content that I think could prevent further bookings. Here's the review:

"We had a very nice vacation. Lucky with the weather. House is well equipped with everything you need. One small point of criticism; we were there in the winter and in the evening a lot to play a game or watch TV. The couch is very bad, but fortunately many pillows and throws so we were able to make the comfort acceptable! Everything else is great!"

What should we do in your opinion:

1. Keep the sofa-bed and not reply to the review?

2. Keep the sofa bed but reply to the review? How best to do it?

3. Replace the sofa bed by a sofa and reply to the review thanking the guest for his feedback and mentioning the substitution (somebody has suggested that maybe we could change the inside of the cushions.

4. Buy a sofa and keep the sofa bed to keep the extra-capacity, at the risk of cluttering the living room too much?

5. Any other ideas?

I'm not sure if I'm making too much of this but my concern is that if I was the one looking for a property in the area:
- I would discard the property without looking at it because the competition has higher ratings.
- If I still look at it, I would discard it because why take the risk on a bad sofa when I can rent a similar property without such comment.
- Once we get more great reviews, the influence of that one will reduce but we have to make sure it doesn't prevent us to get bookings in the first place!
- Somebody else in the future could find the sofa bed not that comfortable too and "confirm" that review, which make things even worse.

Thank you so much!

Mike

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Nah was just talking about visiting, not living. Long live Baklava.

Ο Ιησούς Χριστός είναι ο αληθινός και ζωντανός Θεός. Η αγάπη Του σε σώζει από τον χωρισμό από Αυτόν, αν θα επιστρέψεις την αγάπη.

I took the average $4,000,000 house in Pacific Palisades CA and it shows a monthly tax payment of $4,167 for a total of $50,004 a year. (That would buy two houses in Ohio). :-) 

Now, the average length of ownership is 7 years (for normal people) a longer time if you have no where else to go "UP". After 10, years they have paid $500,040 in just property taxes. 
And the city "forgets" to turn on the water to the hydrants?, during fire season?

Can somebody please explain how investing in the area makes sense? 
I am not smart enough to figure this one out.

Somebody mentioned they have access to the ocean. Well at 6 trips a year, that's $8,334 a trip. I can fly to Greece and enjoy the ocean there for less. And eat great food.

The Homeless are at the beach all day long - everyday, and don't have to pay property taxes. In fact, lunch is delivered to them.

"Oh, but we have easy access from Pacific Palisades", and the accompanying statement "yes, now we also have to hurdle over our neighbor's smoldering ruins to get there, but we still get to go to the beach."

Does nobody else see the irony, malfeasance?

Three individuals signed a lease together, all friends, the lease is set up where each of them are expected to pay 1/3 of the rent. Two of them decided to move out in December without informing me. One of them accidentally paid for January rent because of auto pay and is now requesting it back. I informed them that their contract states they are expected to pay up until the end of the agreement regardless of living their or not. 

Now, this tenant is saying that they don't remember any agreement and thought they paid month to month and could leave whenever. I am now under the suspicion that their friend, the one who is still living at the property, is the one who created separate accounts for all three of them and did the signing for each individual who is under this lease agreement. 

I'm trying to prepare incase this is true. What is the recourse for the tenant who signed the lease under each individuals name? And, would that invalidate the contract? Or are the other two tenants still bound to the contract regardless?

Any additional input would be great. Thank you!

I've been working on an invention over the winter - an all-in-one toilet paper and toothbrush. Takes care of both ends.