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Aug 21, 2019
9:48
:43
am
califcougar
All-American
Upside isn't nearly as great. You're getting 50% of the cost a storage unit
Charges minus a 15% fee. So, maybe $50/MO. One bad event every few years could wipe out all of your earnings.
One night of an Airbnb makes way more than that. The risk is justifiable. Same with Uber.
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califcougar
Previous username
orhscougs
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califcougar
Joined
Nov 17, 2008
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Jun 26, 2024
Total posts
7,516 (49 FO)
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Messages
Author
Time
Interesting article about some recent BYU grads who started a company called Neighbor. I hope they kill it. The idea
HarlemCoug
All-American
8/21/19 9:21am
Interesting idea. Lots of liablity risks that I would never want to take on,
Baron
8/21/19 9:23am
No different than Airbnb and Uber
cougarfann888
8/21/19 9:38am
Very different risks and liabilities. Also, I
Baron
8/21/19 9:40am
Different risks? Yes but I actually think Airbnb has higher liability
cougarfann888
8/21/19 9:41am
Probably true, but easier to mitigate if you see it is a rental home.
Baron
8/21/19 9:44am
Yeah I would never do this and would never rent out my primary residence on
cougarfann888
8/21/19 9:46am
Agreed. I would never touch my primary residence with these. If I were ever
Baron
8/21/19 9:56am
Upside isn't nearly as great. You're getting 50% of the cost a storage unit
califcougar
8/21/19 9:48am
Hazardous materials, stolen property, drugs, valuables the person is hiding from a spouse during a divorce...
HuskerFan2
8/21/19 9:39am
It’s been tried a few times before. Hasn’t worked yet. Good luck
BYUFBDAD
8/21/19 9:23am
Interesting. I’d rather burn my stuff though.
Idahofallsblue
8/21/19 9:25am
I'd buy a storage shed for that
CougarCanuck76
8/21/19 9:28am
You can use my basement, my cat will only shed on your crap, not pee on it.
Cougarrr
8/21/19 9:29am
Won't take long for my city to bow to the storage locker mafia and outlaw this.
JAGA97
8/21/19 9:44am
Wasn't Taysom involved with something like this previously a few years ago?
BGRTHNUMEGO
8/21/19 10:05am
RE: Interesting article about some recent BYU grads who started a company called
ausgezeichnet
8/21/19 10:08am
I know a couple of the developers. Great guys. Hope it keeps growing
letthewookiewin
8/21/19 10:11am
As an actuary who did some pricing on storage insurance years ago, there is huge
yerromnitsuj
8/21/19 10:26am
Also, I bet the insurance risk is greater for this model than AirBnB. Defintely
yerromnitsuj
8/21/19 10:30am
Some states have insurance. Some states have "protection plans" because
Troy McClure
8/21/19 10:40am
I've been using Neighbor for nearly a year now. Pulls in nearly $100 a month
Ernie
8/21/19 3:06pm
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