>If the guests help out the cleaning fees can in principle be much lower.
is it ever, though?
This cavalier attitude to, like, the basic overhead of running a hospitality business, is why I'm back on team hotel for most stays.
https://news.ycombinator.com/item?id=34821620
When we leave in the spring, we pay a $110 cleaning fee and the property management company takes care of everything - cleaning, finding guests, cleaning, replenishment, maintenance, and they have a warehouse full of furniture when they need to replace everything.
True they take 48% of the proceeds + 4% escrow to handle major repairs. But I don’t have to deal with anything.
It’s in Florida so of course it’s cyclical. But since we stay there during low season, it covers its own expenses the other half.
This is investment advice. This is not an investment idea. This was a lifestyle choice to give us a place to stay during the winter.
But I would rather get two anal probes than be a traditional landlord again.
I don't know what these cleaning fees are for if I'm doing all the cleaning! The last place I stayed had a "please, do everything" checkout policy. Take the trash to the dumpster, clean the towels, and run the dishwasher.
The disgusting thing is that they seem to take it on faith that these chores get done. Increasingly, AirBnBs are disgusting. Dirty dishes. Dirty counters. Bedding that I can't prove, but... I'm pretty sure hasn't been washed in a loooong time.
It's still something I put up with if staying for an extended period of time. Mostly for the (dirty) kitchens more than anything else. However, for short stays? Hotels all the way.