All Forum Posts by: Ryan Moyer

More astute to do what?

The company's valuation is $70bn, up 35,000% in the last 10 years and 7,000% in the last 5 years.  I think they're pretty happy with the choices they've made.  It's one of the most successful and fastest growing companies in the entire world.

5 years ago VRBO/Expedia was 14x larger than Airbnb.  Today Airbnb is 5x larger than VRBO/Expedia.  I would imagine that qualifies as pretty business savvy.

Not to be intentionally snarky, but I always laugh when people try and make conclusions based on Airbnb's stock on this forum.

If anyone has been paying attention to the stock market the last 3 years, you'd know that a 4.5% daily move on a tech growth stock isn't even a sneeze in the current market.  We're in a market where trillion dollar companies sometimes move 20% in a day and 50% in a week, and there are a dozen "short reports" every day that traders latch onto and trade the short term volatility.  A 4.5% move on a 40 P/E growth stock that had run up 40% in the preceeding 3 months is barely a footnote these days.

Everyone just has such a desire to see failure out of the hand that feeds them they'll rush to the keyboard to make a mountain out of less than a mole hill.  We get it.  If you go to a host group everyone says that Airbnb overwhelmingly favors guests at the expensive of hosts.  If you go to a guest group everyone says Airbnb overwhelmingly favors hosts at the expense of guests.  No one has any objectivity, and rushes to draw ridiculous conclusions to try and make their point about how any small move in the stock must be because Airbnb personally wronged them, even as the stock remains extremely healthy (way too healthy, honestly) overall.

If you figure anything out let me know.  This has been a huge headache for me as well.  Most of my properties are 6-9 bedrooms and this thing blocks bookings all the time.  And according to Airbnb support their is no manual override.  Once the booking is flagged the algorithm is king and humans get no say in it.

I've heard people say you can change the bedroom count or even change your listing to a shared space (instead of whole home) temporarily which the algorithm is much looser on.  The problem is that once the algorithm has blocked a booking, it won't allow that particular booking no matter what you change.  So the guest would have to have a separate Airbnb account (maybe their spouse's or someone else in their group) to try again after you've changed it.

I suppose another alternative could be to create a second listing where you list it as a shared space, and then just keep the whole calendar blocked until a situation like this arises, and then when it does open up the guest's dates on the 2nd listing and have them book through there?  Not sure where this falls in Airbnb's ToS though and if you could get your account suspended for that.

Have you worked with any?  Sounds similar to what I'm looking for but worried about how good of a job they'd really do.

I own one in Davenport and manage quite a few others in the area.  It's not the easy free money printing machine it was about 18 months ago, but it can still work.  I'm traveling this week but could chat next week.

 Yes this is the ideal way.  Unless you purchased the home already with TVs.  I outfit a 9br home all the TCL roku TVs.  The replacement remotes are 5 bucks on Amazon so I just bought 20 of them and leave them in the cleaners closet.

 Yes, you're correct, it is the dirty work.  In Orlando these services exist from anywhere from $225-$350/mo which, to me, sounds like a terrible deal for the manager doing the dirty work.  But I guess they do it on economies of scale (and they usually are partnered with their cleaners so I'd assume they're making some money there as well).

 Co-hosting usually means the opposite (the co-hosts handle the bookings).  OP is looking to handle the bookings themselves and have someone take care of all the issues after the guests check in (beeping smoke detector, toilet won't stop running, etc).

Maybe I'm missing something, but in the spreadsheet how is a $114k depreciation loss each year netting $74k in saved taxes?  A $114k deduction in that tax bracket would be about half that in tax savings, no?

 It looks like he already has a cost segregation built in to his spreadsheet, just with accelerated depreciation rather than taking full 100% bonus depreciation in year 1.