Probably true, but easier to mitigate if you see it is a rental home.

Aug 21, 2019
9:44:18am

Baron All-American

Put in an LLC etc and manage it that way. This one you can't really do that. People are going to be in your home with stuff that you dont' know a lot about. Can't really eliminate that.

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Baron

Previous username: jarocho
Bio page: Baron
Joined: Sep 1, 2006
Last login: Jun 8, 2024
Total posts: 95,059 (33,104 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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