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Started by Mark Anderson
Fri, 08 Jun 2012 21:24
airbnb
Author: Mark Anderson
Date: Fri, 08 Jun 2012 21:24
Date: Fri, 08 Jun 2012 21:24
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I happened upon this site and found it interesting. Here's a link to Chicago listings: http://www.airbnb.com/search?location=chicago%2C+il What intrigued me is how cheap these places are. There's a real BNB in my neighborhood all licensed and legal and he charges around $170/night and that might not include some taxes I don't know for sure. On airbnb some music chic is renting out her entire apartment for $165/night -- which includes all her furniture and stuff. Check out: http://www.airbnb.com/rooms/226042 Now what's to stop someone from renting her apartment, backing up a UHaul and stealing whatever isn't nailed down? I was somewhat amazed by this because in Chicago doing this is kind of highly illegal. Chicago has pretty hefty hotel taxes and the one thing I remember at closing of my place is I had to be read a statement aloud saying I shall not do what this site wants me to do by some lawyer and then had to initial that clause in whatever contract was being signed at the moment. I can't see a business model that depends on people breaking both zoning and licensing laws to survive for long. It is interesting however. There are risks as travelers too. How do you know the place you rent cheaply from airbnb doesn't turn out to be like the movie Hostel?
Re: airbnb
Author: Bruce Esquibel
Date: Sat, 09 Jun 2012 12:07
Date: Sat, 09 Jun 2012 12:07
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Mark Anderson <mea@nospambradnylion.com> wrote: > I can't see a business model that depends on people breaking both zoning > and licensing laws to survive for long. It is interesting however. > There are risks as travelers too. How do you know the place you rent > cheaply from airbnb doesn't turn out to be like the movie Hostel? Word of mouth I'd guess. Like they say, it's legal until you get caught doing it. Melissa stumbled across this a while back, she travels to NYC several times a year and instead of paying $500 a day for a shoebox sized NYC hotel room, she checks some site to see if anyone has a house/condo/apt for rent near by where she needs to be. The site permits comments so it's pretty easy to spot a good vs. bad place. We've been doing that as a family when we go back to Houston for an extended stay, there are a shit load of places that do exactly the same thing. It's some persons house/condo they just rent out like a hotel room. Parking right out in front of the place, residential neighborhood, had wifi, a fire pit/bbq grill out back, access to the local swimming pool. Cable tv in all the rooms, full kitchen with it partially stocked of dry goods. Only thing that is not there are landline telephones. It's probably half the price of a hotel stay and nicer digs. -bruce bje@ripco.com
Re: airbnb
Author: smr
Date: Mon, 11 Jun 2012 14:51
Date: Mon, 11 Jun 2012 14:51
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On 6/9/12 7:07 AM, Bruce Esquibel wrote: > Mark Anderson<mea@nospambradnylion.com> wrote: > >> I can't see a business model that depends on people breaking both zoning >> and licensing laws to survive for long. It is interesting however. >> There are risks as travelers too. How do you know the place you rent >> cheaply from airbnb doesn't turn out to be like the movie Hostel? > > Word of mouth I'd guess. > > Like they say, it's legal until you get caught doing it. > > Melissa stumbled across this a while back, she travels to NYC several times > a year and instead of paying $500 a day for a shoebox sized NYC hotel room, > she checks some site to see if anyone has a house/condo/apt for rent near by > where she needs to be. The site permits comments so it's pretty easy to spot > a good vs. bad place. > > We've been doing that as a family when we go back to Houston for an extended > stay, there are a shit load of places that do exactly the same thing. It's > some persons house/condo they just rent out like a hotel room. > > Parking right out in front of the place, residential neighborhood, had wifi, > a fire pit/bbq grill out back, access to the local swimming pool. Cable tv > in all the rooms, full kitchen with it partially stocked of dry goods. > > Only thing that is not there are landline telephones. > > It's probably half the price of a hotel stay and nicer digs. > > -bruce > bje@ripco.com Did the same thing for my brother's wedding in Hawaii. Rather than get murdered by hotel charges, found a condo online from a gay couple right on a beach in Maui. Place was, well, fabulously decorated and equipped, was able to pack a good chunk of the family into it, and we had a blast there for much cheaper than a hotel would've run. -- smr
Re: airbnb
Author: Kristian M Zoerhoff
Date: Mon, 11 Jun 2012 15:51
Date: Mon, 11 Jun 2012 15:51
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On 2012-06-11, smr <me@shawnritchie.com> wrote: > On 6/9/12 7:07 AM, Bruce Esquibel wrote: >> Mark Anderson<mea@nospambradnylion.com> wrote: >> >>> I can't see a business model that depends on people breaking both zoning >>> and licensing laws to survive for long. It is interesting however. >>> There are risks as travelers too. How do you know the place you rent >>> cheaply from airbnb doesn't turn out to be like the movie Hostel? >> >> Word of mouth I'd guess. >> >> Like they say, it's legal until you get caught doing it. >> >> Melissa stumbled across this a while back, she travels to NYC several times >> a year and instead of paying $500 a day for a shoebox sized NYC hotel room, >> she checks some site to see if anyone has a house/condo/apt for rent near by >> where she needs to be. The site permits comments so it's pretty easy to spot >> a good vs. bad place. >> >> We've been doing that as a family when we go back to Houston for an extended >> stay, there are a shit load of places that do exactly the same thing. It's >> some persons house/condo they just rent out like a hotel room. >> >> Parking right out in front of the place, residential neighborhood, had wifi, >> a fire pit/bbq grill out back, access to the local swimming pool. Cable tv >> in all the rooms, full kitchen with it partially stocked of dry goods. >> >> Only thing that is not there are landline telephones. >> >> It's probably half the price of a hotel stay and nicer digs. >> >> -bruce >> bje@ripco.com > > Did the same thing for my brother's wedding in Hawaii. Rather than get > murdered by hotel charges, found a condo online from a gay couple right > on a beach in Maui. Place was, well, fabulously decorated and equipped, > was able to pack a good chunk of the family into it, and we had a blast > there for much cheaper than a hotel would've run. This is my M.O. for pretty much any vacation now. We've done it in Key West, Oregon, Washington, and Michiana Shores, and it's been vastly superior to a hotel room every time, especially with small kids (3 bedrooms FTW!). -- Kristian M Zoerhoff
Re: airbnb
Author: Adam H. Kerman
Date: Mon, 11 Jun 2012 16:46
Date: Mon, 11 Jun 2012 16:46
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smr <me@shawnritchie.com> wrote: >Did the same thing for my brother's wedding in Hawaii. Rather than get >murdered by hotel charges, found a condo online from a gay couple right >on a beach in Maui. Place was, well, fabulously decorated and equipped, >was able to pack a good chunk of the family into it, and we had a blast >there for much cheaper than a hotel would've run. Please hide the details from us of how it was equipped.
Re: airbnb
Author: smr
Date: Mon, 11 Jun 2012 20:20
Date: Mon, 11 Jun 2012 20:20
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On 6/11/12 11:46 AM, Adam H. Kerman wrote: > smr<me@shawnritchie.com> wrote: > >> Did the same thing for my brother's wedding in Hawaii. Rather than get >> murdered by hotel charges, found a condo online from a gay couple right >> on a beach in Maui. Place was, well, fabulously decorated and equipped, >> was able to pack a good chunk of the family into it, and we had a blast >> there for much cheaper than a hotel would've run. > > Please hide the details from us of how it was equipped. Rock that homophobia, bro. -- smr
Re: airbnb
Author: Adam H. Kerman
Date: Mon, 11 Jun 2012 20:51
Date: Mon, 11 Jun 2012 20:51
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smr <me@shawnritchie.com> wrote: >On 6/11/12 11:46 AM, Adam H. Kerman wrote: >>smr<me@shawnritchie.com> wrote: >>>Did the same thing for my brother's wedding in Hawaii. Rather than get >>>murdered by hotel charges, found a condo online from a gay couple right >>>on a beach in Maui. Place was, well, fabulously decorated and equipped, >>>was able to pack a good chunk of the family into it, and we had a blast >>>there for much cheaper than a hotel would've run. >>Please hide the details from us of how it was equipped. >Rock that homophobia, bro. The way you phrased it, there was no way to take it other than as a single entendre.
Re: airbnb
Author: Robert Bonomi
Date: Thu, 14 Jun 2012 21:40
Date: Thu, 14 Jun 2012 21:40
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In article <MPG.2a3c37a270c807629898b7@news.speakeasy.net>, Mark Anderson <mea@nospambradnylion.com> wrote: [ sneck ] > >Now what's to stop someone from renting her apartment, backing up a >UHaul and stealing whatever isn't nailed down? Very little. > I was somewhat amazed by >this because in Chicago doing this is kind of highly illegal. Chicago >has pretty hefty hotel taxes and the one thing I remember at closing of >my place is I had to be read a statement aloud saying I shall not do >what this site wants me to do by some lawyer and then had to initial >that clause in whatever contract was being signed at the moment. That was probably part of some Condo/Coop Association covenants. Such associations -do- tend to frown upon rentals -- be it overnight or long-term leases -- because tenants tend to be much -less- concerned about maintaining the common areas than resident owners are. Which drives up costs for the -other- owners. Oddly enough they object to -you- making money by costing them extra. >I can't see a business model that depends on people breaking both zoning >and licensing laws to survive for long. It is interesting however. It's -usually- not against zoning/licensing *IF* it is rented out only a _very_ limited number of days/ year. Doing it as a 'business' *is* contrary to law, but many jurisdictions have thresholds for what's considered a business operation. And you get some strange distinctions between an 'innkeeper' and a 'landlord' for a short-term rental.
Re: airbnb
Author: Mark Anderson
Date: Fri, 15 Jun 2012 02:29
Date: Fri, 15 Jun 2012 02:29
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In article bonomi@host122.r-bonomi.com says... > > I was somewhat amazed by > >this because in Chicago doing this is kind of highly illegal. Chicago > >has pretty hefty hotel taxes and the one thing I remember at closing of > >my place is I had to be read a statement aloud saying I shall not do > >what this site wants me to do by some lawyer and then had to initial > >that clause in whatever contract was being signed at the moment. > > That was probably part of some Condo/Coop Association covenants. My place isn't a condo or HOA and there are no private covenants. The only reason I remembered this is because the lawyer read the passage like a priest reading me a prayer -- as if he was required by law to read this. I suspect it was either a city of Chicago or Cook county thing -- I can't remember since it was a very very long time ago. It is interesting doing something like this and you can more than triple or quintuple normal monthly rents but the whole changing of the sheets and making breakfast for other people seems like a lot of work. Plus you have to be nice and friendly which isn't always easy. > Such associations -do- tend to frown upon rentals I would rather live in the woods than be a part of any association. It's bad enough living next to nosy busybody neighbors without giving them actual power to enforce their crackpot complaints against me backed by civil law .
Re: airbnb
Author: Kristian M Zoerhoff
Date: Fri, 15 Jun 2012 13:27
Date: Fri, 15 Jun 2012 13:27
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On 2012-06-15, Mark Anderson <mea@nospambradnylion.com> wrote: > In article bonomi@host122.r-bonomi.com says... >> > I was somewhat amazed by >> >this because in Chicago doing this is kind of highly illegal. Chicago >> >has pretty hefty hotel taxes and the one thing I remember at closing of >> >my place is I had to be read a statement aloud saying I shall not do >> >what this site wants me to do by some lawyer and then had to initial >> >that clause in whatever contract was being signed at the moment. >> >> That was probably part of some Condo/Coop Association covenants. > > My place isn't a condo or HOA and there are no private covenants. The > only reason I remembered this is because the lawyer read the passage > like a priest reading me a prayer -- as if he was required by law to > read this. I suspect it was either a city of Chicago or Cook county > thing -- I can't remember since it was a very very long time ago. Are you sure it wasn't a condition of your mortgage? Mine is very clear that it's a residential mortgage, not for rental or income-generating property. -- Kristian M Zoerhoff
Re: airbnb
Author: Mark Anderson
Date: Fri, 15 Jun 2012 19:10
Date: Fri, 15 Jun 2012 19:10
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In article kmz@lavabit.com says... > > My place isn't a condo or HOA and there are no private covenants. The > > only reason I remembered this is because the lawyer read the passage > > like a priest reading me a prayer -- as if he was required by law to > > read this. I suspect it was either a city of Chicago or Cook county > > thing -- I can't remember since it was a very very long time ago. > > Are you sure it wasn't a condition of your mortgage? Mine is very clear > that it's a residential mortgage, not for rental or income-generating > property. It could have been a condition of the mortgage -- I never thought of it that way. My place does do rentals but the passage made it clear in so many words that the tenants had to live a minimum of one month blah blah blah. It took me awhile to put two and two together -- that they didn't want me to hotel it. Now that you got me thinking in that direction I might have an answer. At the time my neighborhood was considered a blight zone, so much so I got special deals on loans for moving here. Even got a free (really free) refi because of this. There might have been a rule to hammer this point to all new owners of rental property in "blight zones" so they don't turn their apartments into SROs. That would make sense.
Re: airbnb
Author: Geoff Gass
Date: Fri, 15 Jun 2012 20:50
Date: Fri, 15 Jun 2012 20:50
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Kristian M Zoerhoff <kmz@lavabit.com> wrote: > On 2012-06-15, Mark Anderson <mea@nospambradnylion.com> wrote: >> In article bonomi@host122.r-bonomi.com says... >>> > I was somewhat amazed by >>> >this because in Chicago doing this is kind of highly illegal. Chicago >>> >has pretty hefty hotel taxes and the one thing I remember at closing of >>> >my place is I had to be read a statement aloud saying I shall not do >>> >what this site wants me to do by some lawyer and then had to initial >>> >that clause in whatever contract was being signed at the moment. >>> >>> That was probably part of some Condo/Coop Association covenants. >> >> My place isn't a condo or HOA and there are no private covenants. The >> only reason I remembered this is because the lawyer read the passage >> like a priest reading me a prayer -- as if he was required by law to >> read this. I suspect it was either a city of Chicago or Cook county >> thing -- I can't remember since it was a very very long time ago. > > Are you sure it wasn't a condition of your mortgage? Mine is very clear > that it's a residential mortgage, not for rental or income-generating > property. I pulled the paperwork on my Evanston condo, there were two things about it. The first was an affidavit where I said I lived there (it was a refi), present tense. The second was in the mortgage it said I had to occupy within 60 days and for at least 1 year.
Re: airbnb
Author: Geoff Gass
Date: Fri, 15 Jun 2012 20:51
Date: Fri, 15 Jun 2012 20:51
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Mark Anderson <mea@nospambradnylion.com> wrote: > In article kmz@lavabit.com says... >> > My place isn't a condo or HOA and there are no private covenants. The >> > only reason I remembered this is because the lawyer read the passage >> > like a priest reading me a prayer -- as if he was required by law to >> > read this. I suspect it was either a city of Chicago or Cook county >> > thing -- I can't remember since it was a very very long time ago. >> >> Are you sure it wasn't a condition of your mortgage? Mine is very clear >> that it's a residential mortgage, not for rental or income-generating >> property. > > It could have been a condition of the mortgage -- I never thought of it > that way. My place does do rentals but the passage made it clear in so > many words that the tenants had to live a minimum of one month blah blah > blah. It took me awhile to put two and two together -- that they didn't > want me to hotel it. > > Now that you got me thinking in that direction I might have an answer. > At the time my neighborhood was considered a blight zone, so much so I > got special deals on loans for moving here. Even got a free (really > free) refi because of this. There might have been a rule to hammer this > point to all new owners of rental property in "blight zones" so they > don't turn their apartments into SROs. That would make sense. yeah, special programs like that tend to have such restrictions in exchange for the subsidy you were getting on the fees and possibly the rate as well.
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