Connect with Noah Instagram -@hillalbnb Connect with Bergthor Instagram - @SubleasingDubai Weekly Group Q/A (Ask Bergthor anything you want) www.skool.com/airbnb-subleasi...
Love your content ! I will move next month and i want to learn this business model i see all your videos how can i learn more about what i need legally to start
Good stuff! Really interesting to see how both gents are attacking the business from two different sides. The clear and simple regulation in UAE certainly makes a lot of things possible that would be very hard in europe
And regarding the furniture… I would make a system for the furniture brands you want to use and the accent pieces. If you use the same core elements across many aprtments, you can more easily reuse the furniture in new apartments. Say, the furnishings from two 1BR’s can match in a new 2BR. I’d use a strong core of chairs and tables from scandinavian designers such as Fritz Hansen or brands like Vitra. They are universally identifiable as quality. Then for secondary pieces, carpets and couches i’d use Hay - which is considerably cheaper but match the aestetics. I’d also be sure to use same AV gear everywhere in order to simplify service/helpdesk experience. I’d also consider automated lighting systems like Hue, and enable it with an ipad, not expensive, but looks exclusive. And finally, do a bed system. One of the biggest problems I see with Airbnb is that people use shitty beds. I’d go for Simmons (which Four Seasons use) or swedish DUX which has a hotel series that very popular as well. These are major selling points!
So the takehome on an average JVC apartment, say if taken from the landlord annually at 70k, add 22% -- that is 85.4k AED. So on one JVC property on average, net profit is 15.4k per JVC property?
Can you do a podcast with someone who is building a rental real estate portfolio as well? Would like to understand that side of things as well. Thank you
So what´s the difference for me as an owner, renting out my apartment to a tenant for 1 year and renting it out to you for Airbnb? Do you pay the same rent or more? You also have to consider the renovations after one year of Airbnb, the floors get scratched, the toilet seat and flush button, the matrasses get worn out, the bed falling apart, painting the walls, the appliances, and the sofa may be scratched, and even the plumbing maybe. Stuff that the cleaning company does not cover. Do you guarantee in the contract that the apartment will be in the same shape when you return it? My question is for Bergthor that is paying a fixed rate
So this is exactly it. If you rent out longterm to a normal tenant, after a year or two, he will leave the aparment, will probably not have made any renovations and there was never a professional deep cleaning. Renting out to someone who sublets means, the apparment is always in an impeccable state, as there is always professional cleaning and if something gets broken it will be fixed asap, if not, he gets bad reviews. The furniture is bought by the person who sublets, so the landlord has nothing to do with these getting worn out. Basically, there is no downside for a landlord in renting out for subletting.
interesting chat , great points and golden talk 🔥
thanks for sharing
Looking forward for more similar informative sessions
Loved it!
What a great podcast this one is
Love your content ! I will move next month and i want to learn this business model i see all your videos how can i learn more about what i need legally to start
Good content!! 👏🏼
Thanks for sharing. I work with company from Vienna and they use Hostaway. It's great PMS.
bro that was insane. feeling charged seriously
Good stuff! Really interesting to see how both gents are attacking the business from two different sides. The clear and simple regulation in UAE certainly makes a lot of things possible that would be very hard in europe
By the way…. When checking placements in incognito mode - use a VPN - then you can also see the placement level in various countries.
And regarding the furniture… I would make a system for the furniture brands you want to use and the accent pieces. If you use the same core elements across many aprtments, you can more easily reuse the furniture in new apartments. Say, the furnishings from two 1BR’s can match in a new 2BR. I’d use a strong core of chairs and tables from scandinavian designers such as Fritz Hansen or brands like Vitra. They are universally identifiable as quality. Then for secondary pieces, carpets and couches i’d use Hay - which is considerably cheaper but match the aestetics. I’d also be sure to use same AV gear everywhere in order to simplify service/helpdesk experience. I’d also consider automated lighting systems like Hue, and enable it with an ipad, not expensive, but looks exclusive. And finally, do a bed system. One of the biggest problems I see with Airbnb is that people use shitty beds. I’d go for Simmons (which Four Seasons use) or swedish DUX which has a hotel series that very popular as well. These are major selling points!
Guys you are both literally wonderful. Very informative session with interesting information
What part was informative? Didn’t hear anything useful personally.
@@krisb-travelsome people have bots working for them lol
So the takehome on an average JVC apartment, say if taken from the landlord annually at 70k, add 22% -- that is 85.4k AED. So on one JVC property on average, net profit is 15.4k per JVC property?
Can you do a podcast with someone who is building a rental real estate portfolio as well? Would like to understand that side of things as well.
Thank you
What was the name of the cleaning company they use? Elite Cleaning services? Lead Cleaning Services? Did anybody get that?
Great content ! What is the name again of the cleaning company you are working with ?
Elite
How do i contact with you please guide!
So what´s the difference for me as an owner, renting out my apartment to a tenant for 1 year and renting it out to you for Airbnb? Do you pay the same rent or more? You also have to consider the renovations after one year of Airbnb, the floors get scratched, the toilet seat and flush button, the matrasses get worn out, the bed falling apart, painting the walls, the appliances, and the sofa may be scratched, and even the plumbing maybe. Stuff that the cleaning company does not cover. Do you guarantee in the contract that the apartment will be in the same shape when you return it? My question is for Bergthor that is paying a fixed rate
So this is exactly it. If you rent out longterm to a normal tenant, after a year or two, he will leave the aparment, will probably not have made any renovations and there was never a professional deep cleaning. Renting out to someone who sublets means, the apparment is always in an impeccable state, as there is always professional cleaning and if something gets broken it will be fixed asap, if not, he gets bad reviews. The furniture is bought by the person who sublets, so the landlord has nothing to do with these getting worn out. Basically, there is no downside for a landlord in renting out for subletting.
Any chance to contact regarding furnitures . As I’m moving my business to Dubai and will sell it there. Looking for someone to cooperate ?
watch this on 1.5x trust
Airnb is not good business in Dubai
Why
Because he doesnt know how to…..thats why
@@sahilsteve are u doing airbnb arbitrage in Dubai?
@@user-ld7qs9tc6s yes
Why
Hey have been trying to connect on insta, but havent got any response as of yet?