As the owner of an airbnb condo I can confirm you are lucky to get 135 a night in the summer for a 1 bed. The manager takes 20%. 1500 for a biz license, 1000+ in taxes, 2000 in strata. It's not a great gig
What manager?
Posted 07 June 2021 - 05:28 PM
As the owner of an airbnb condo I can confirm you are lucky to get 135 a night in the summer for a 1 bed. The manager takes 20%. 1500 for a biz license, 1000+ in taxes, 2000 in strata. It's not a great gig
What manager?
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Posted 07 June 2021 - 05:31 PM
Well, you need someone to handle the bookings, book the cleaners, and take care of guest concerns. Some owners do it themselves, others can't be bothered and contract it out. Most seem to do a combination of both.
Posted 07 June 2021 - 05:34 PM
Edited by Victoria Watcher, 07 June 2021 - 05:34 PM.
Posted 07 June 2021 - 05:38 PM
And the next people asked if they could check in early and you say yes and you forgot you told the people there now they could check out late and now you're sprinting to do two loads of laundry in two hours while you frantically clean the place and how did they manage to use up the toilet paper and why is there a wine glass missing and what am I supposed to do with three pounds of iceberg lettuce.
Posted 07 June 2021 - 07:49 PM
And the next people asked if they could check in early and you say yes and you forgot you told the people there now they could check out late and now you're sprinting to do two loads of laundry in two hours while you frantically clean the place and how did they manage to use up the toilet paper and why is there a wine glass missing and what am I supposed to do with three pounds of iceberg lettuce.
There are service providers that manage everything now from booking to customer service to maintenance. 20% - 25% is the cut but if they can get you 25% more with proper pricing optimization and capacity planning then you are in good shape.
Edited by spanky123, 07 June 2021 - 07:49 PM.
Posted 08 June 2021 - 05:14 AM
I'm a very happy SpaceHost customer. Managing a single airbnb is a full time commitment. My current rates for August are in the 170 range per night, and I have..... 0 bookings for the entire month.
Posted 08 June 2021 - 05:31 AM
Edited by Victoria Watcher, 08 June 2021 - 05:38 AM.
Posted 16 December 2021 - 06:58 AM
The City of Victoria is cracking down on operators of illegal short-term rentals, with one condo owner facing a fine of $15,200.
The city recently won four court cases against people operating short-term rentals without a business licence, some of whom were denied a licence because the rental did not fit within the city’s rules, passed in 2018.
One operator who was renting two single-family homes where they did not live never applied for a business licence for the rental. That person was fined $2,000 and is prohibited from operating a short-term rental in the city.
Victoria’s regulations allow rentals of less than 30 days in someone’s home if they live there and it is only rented on occasion, such as while they’re away on vacation, or if up to two bedrooms with a shared kitchen and living spaces are rented while the resident is there.
The rules also allow owners of a home that is not a primary residence to continue short-term rental operations if they were allowed and active before the 2018 bylaw changes.
There are 525 licensed short-term rentals in Victoria.
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The city has approximately 400 open investigations into short-term rentals.
https://www.timescol...rentals-4870227
Posted 19 December 2021 - 09:51 AM
The City of Victoria continues to enforce its short-term rental policy to crack down on illegal short-term rental operators.
Four recent court cases that resulted in nearly $20,000 in fines against illegal short-term rental operators show policies around illegal short-term renting have been effective, the city stated in a release. The court orders prohibit five people from operating short-term rentals.
Those involved were operating without a licence – these properties included two duplexes, one condo, one garden suite and a single-family home with a basement suite.
https://www.vicnews....es-are-working/
Edited by Victoria Watcher, 19 December 2021 - 09:52 AM.
Posted 19 December 2021 - 10:24 AM
...Four recent court cases that resulted in nearly $20,000 in fines against illegal short-term rental operators...
And the legal costs to the CoV taxpayer were how much?
Posted 19 December 2021 - 05:41 PM
And the legal costs to the CoV taxpayer were how much?
Good question. Enforcement actions are not always about making money.
We pay taxes and delegate the responsibility to others to decide how to spend it. Being aware of how it is spent allows one to consider this in selecting and voting for candidates in the next election.
It seems government can not win. If it cost less than the fine I hear people saying it is another power control grab etc. If it cost more than the fine it is another example of wasting my tax money etc.
Posted 19 December 2021 - 05:48 PM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 27 March 2022 - 05:56 PM
^ Turns out her 'landlord' didn't lose the units, she has registered them and they were legal up until covid when it looks like the license wasn't renewed.
https://opengovca.co...siness/00036603
Posted 28 March 2022 - 05:03 AM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 08 April 2022 - 05:56 AM
Once converted, the building at 9838 Second St. will be in a higher tax group
https://www.vicnews....before-council/
Posted 11 June 2022 - 05:16 AM
Edited by Victoria Watcher, 11 June 2022 - 05:16 AM.
Posted 11 June 2022 - 09:44 AM
Edited by Victoria Watcher, 11 June 2022 - 09:45 AM.
Posted 11 June 2022 - 10:00 AM
Attorney General and Housing Minister David Eby says it makes sense to require companies promoting short-term rentals through online platforms to share information with local governments.
They have been doing this for a few years now. The CoV has a contract with a CA company to pull the data and review the listings to make sure they have a license.
Posted 11 June 2022 - 10:02 AM
Assuming there are no strata rules prohibiting short-term rentals in a building, I see no reason to ban "whole units" from the market. Tax them in the same way as hotel rooms and let the public decide what option they prefer. If the BC Hotel Association doesn't like the competition, perhaps they need to have their members step up their game and offer something the "air BnB's" do not.
Posted 11 June 2022 - 10:03 AM
Edited by Victoria Watcher, 11 June 2022 - 10:04 AM.
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