| My friend's neighbor in her apt building travels a lot and sublets it for $100/night to friends of friends. Cheaper than a hotel. this is in NYC so maybe $75/night in DC? Something like that ,that's a good deal but $ for you. |
| Cleaning charges and minimal day rate. I used to rent a colleague house. He asked me to cover cleaning cost. That's what I did, and add about $50/day. Still cheaper than Airbnb or hotel. I did bring my own beddings. |
| Look at going rate for airbnb and charge 10-25% less. Also add cleaning fee that is typical for airbnb. |
| OP if the point is to maximize the $ I would just list it on air bnb. |
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First you say friend, then you say not a friend "I'm trying to make money!", all while trying to exploit this person for as much as possible without coming off as greedy...
Wow. Glad I don't know you. I hope this comes back to bite you in the ass so you learn a valuable lesson. |
| AirBnb rare but deduct any fee costs you would have paid |
It says friends of a friend. You need a valuable lesson in reading comprehension. |
+1. Also, talk about privilege. PP has apparently never been short on $$. OP says they need the money. Maybe OP has been unemployed during the shut down and can't pay their mortgage? |
This seems quite reasonable. |
| $50 a night. |
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If my goal is to maximize profit, I’d do this:
-Tell them you’ll have the place cleaned/disinfected before and after...but I’d actually clean it myself. For a condo, I’d assume $100 per cleaning. -Tell then you’ll provide clean towels, sheets, etc. -If you’re in DC or another real city (not a suburb), I would compare AirBnB costs to confirm what’s reasonable...then I would give a discount. You need to realize you aren’t taking an AirBnB risk; this opportunity fell into your lap, so be generous to seal the deal. -I doubt anyone wants to pay upwards of $2k for your condo unless you are in a highly desirable, walkable neighborhood with nice furnishings and amenities. -I’d offer the place for $1,500 plus $200 for cleaning. $1,700 cash is easy money. |
| If you charge AirBnB prices, then she’ll likely just search AirBnB and go with the best location, price, amenities...and that won’t likely be you. |
| Does your condo allow short term rentals? Mine does not. The fine is $500/day. |
| I’d charge $1000 |
Seriously, could you even imagine, like, needing money? I mean, not like you need to move from your brokerage or trust account, but like you have to get it from other people. Next, OP will be telling us that a worldwide pandemic and nationwide spike in unemployment caused by the most extreme public health measures in this country in a century had some to with this, but really we know the truth, she's poor. OMG, what if OP works a job for like money and not because it is a true passion. Ugh, I need to book a spa cleanse just thinking about this. OP, 75% of the cost of a suitable, non-shared Airbnb. If it's just a single person, they don't care that your place has two bedrooms or is an efficiency. The cleaning costs are probably going to eat into your profit margin and invite/expose another party, so consider whether you could accomplish that on your own. |