Re:Airbnb dominated by professional landlords
by throwaway413 on Sunday August 06, 2017 @12:10PM
(#14941858)
He's definitely killing it, that's for sure - owns none of them, simply partners with old, small apt complex owners that have extra units for rent. Spends all his time traveling the world while his "business partner" takes care of cleaning and maintenance.
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Re:Airbnb dominated by professional landlords
by sisyphusprotege on Sunday August 06, 2017 @12:19PM
(#14941895)
If he owns nothing and provides so little value, I would bet its only a matter of time until he is cut out of the pie.
Re:Airbnb dominated by professional landlords
by hn_throwaway_99 on Sunday August 06, 2017 @01:15PM
(#14942202)
Seems like he manages the whole reservation process and guest back and forth for a large number of properties. That's a large part of what established property managers do.
Re:Airbnb dominated by professional landlords
by throwaway413 on Sunday August 06, 2017 @12:38PM
(#14941985)
True - however, I think he specifically targets older, tech-illiterate owners of properties who wouldn't otherwise be on Airbnb, or less so. At least that's what I've gathered from my nosey observations.