So what we've decided to do to reduce the bleed is to find a short-term tenant to rent to, and then put the house back on the market after things improve (will it be in a month?

Then comes the swell... then panic sets in.

Your ear hurts and your eyes are swelling so you need to think and make a decisive decision.

Today’s residential construction in many areas ends up as essentially a cardboard box covered with cheap stucco that will bleed you white with constant maintenance issues because most of the time the construction won’t be “professional”.

I think that even well-capitalized landlords should not have to bleed to maintain that situation.Aside from this, and generally speaking, I think that a hands-off government that allows free competition and does not grant bailouts in any sense, just keeps the infrastructure and common defense, is better than one that intervenes.

They're pandering to this crowd with these b.s. eviction moratoriums to make it look like they're bleeding heart liberals who care about tenants struggling under COVID-19.

Quickest way to turn a bleeding heart into a capitalist is to ask them to open their wallet instead of yours.

I point out the low average return of the stock market compared to real estate, how he is bleeding money with fees from people he doesn't even know or have control over, that we have historically low taxes now and 20 years from now taxes will most likely be much more, why he plans on being poor at retirement to take advantage of 401K, that not being able to leverage his savings for 20 years creates massive opportunity costs because of the time value of money, that inflation will skyrocket due to this crisis and real estate mitigates inflation because property price and rents rise like all goods and 30 year debt becomes cheaper and cheaper every year.

They are bleeding cash and needed to secure funding for continued operation so I would not expect much more for direct payments from airbnb related to the drop in demand as they need the cash to fund ongoing operation.Originally posted by @Valerie Rogers:Originally posted by @Miles McClure:On a strict policy its For a full refund of the nightly rate, the guest must cancel within 48 hours of booking and at least 14 full days prior to listing’s local check-in time (shown in the confirmation email).Full refund=25% of 0 if cancelled 14 days or moreFor a 50% refund of the nightly rate, the guest must cancel 7 full days before the listing's local check in time (shown in the confirmation email), otherwise no refund.So 100 a night = 50 if 7 days before reservation to host then 25% = $12.50 I wouldn't count on it to pay the mortgage.Actually, this is not a quite correct interpretation of the Strict Cancellation policy.

I'm just trying to stop the bleeding for now until we know what we are dealing with and how long it will take to recover.