HomeDiagramsDatabaseMapsForum
     

Go Back   SkyscraperPage Forum > Regional Sections > United States > Texas & Southcentral > Austin

About The Ads  This week the ad company used in the forum will be monitoring activity and doing some tests to identify any problems which users may be experiencing. If at any time this week you get pop-ups, redirects, etc. as a result of ads please let us know by sending an email to forum@skyscraperpage.com or post in the ads complaint thread. Thank you for your participation.


Reply

 
Thread Tools Display Modes
     
     
  #221  
Old Posted Nov 8, 2019, 7:02 PM
StoOgE StoOgE is offline
Resident Moron
 
Join Date: Feb 2003
Location: New York, NY
Posts: 1,382
Quote:
Originally Posted by 78701 View Post
You can't make money renting out a condo. After depreciation/mortgage interest, property taxes, and HOA dues, the return is negative. The only play here is the price appreciation.
Not only that, I've heard most Air BNBs are not very profitable for the person doing the renting. Revenue can look good, but positive cashflow as a permanent rental unit can be difficult to pull off.

Garage apartment rentals or incidental income while out of town are obviously different, but in 2019 I don't think most people trust Air BNBers in their actual home. I did it one time when the service was new because I was out of town during SXSW and my neighbor said we had at least 20 people flopped in the house and while they didn't break anything, it was really disgusting when we came home.
Reply With Quote
     
     
  #222  
Old Posted Nov 8, 2019, 7:07 PM
Jdawgboy's Avatar
Jdawgboy Jdawgboy is offline
Representing the ATX!!!
 
Join Date: Jan 2003
Location: Austin
Posts: 5,099
Quote:
Originally Posted by Austin1971 View Post
Can anyone confirm whether or not demo has begun?
Couldn't tell at least from I35. Could see the crane base at Nativo though.
__________________
"GOOD TIMES!!!" Jerri Blank (Strangers With Candy)
Reply With Quote
     
     
  #223  
Old Posted Nov 8, 2019, 7:44 PM
urbancore urbancore is online now
Registered User
 
Join Date: Oct 2014
Location: Zilker
Posts: 881
Quote:
Originally Posted by Austin1971 View Post
Can anyone confirm whether or not demo has begun?
I drove by yesterday, nada.
Reply With Quote
     
     
End
 
 
Reply

Go Back   SkyscraperPage Forum > Regional Sections > United States > Texas & Southcentral > Austin
Forum Jump


Thread Tools
Display Modes

Forum Jump


All times are GMT. The time now is 11:34 PM.

     

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2019, vBulletin Solutions, Inc.