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ajmoney

JimLad wrote: »

Its basically what is allowing us to do such big overpayment savings as it pays most of the bills outside of the mortgage. Well worth giving it a try!

I am living and working away at the moment and would feel strange having someone in my house while I am not there. Mr AJM agrees so as soon as I move back we are going to give it some serious thought. There is a busy(ish) tourist season near us for 4 months every summer and we live right on the edge of a long coastal walk so it may be easy to get interest.

Khrisjun

JimLad wrote: »

Definately!! I will send you a referal link to signup through which gives us both £16 credit :T

Imagine 3 bedrooms rented out for £30 a night! Cha ching!!

Do you live somewhere touristy or very businessy?

Got the link, Thanks - Now to broach the idea with the OH..

Unfortunately not very touristy - Looking at Airbnb there isnt anyone listing rooms in the town im in so could be a good/bad thing there.

JimLad

Khrisjun wrote: »

Got the link, Thanks - Now to broach the idea with the OH..

Unfortunately not very touristy - Looking at Airbnb there isnt anyone listing rooms in the town im in so could be a good/bad thing there.

You can block out dates you dont want to do on your calendar. Maybe you could convince him by just starting off with friday and saturday nights?

In theory having no competition means you can charge more, but maybe you might want to go cheaper to get some reviews. We started off £19 a night and moved up to £35 now we have lots of 5 star reviews.:)

ourcornercottage

Just a quick question, I know you have solar panels. We've had them for 6 months and import 3-5 units per day in this last 6 months. What can I expect that to increase to in the winter months as a guesstimate. 2 x, 3x ? Assuming doing washing etc when generating when we can etc.

I'm expecting to need to turn on oil water heating back on beginning of October Is that a reasonable assumption.

I know it's not a MFW question but it kinda is as I want to plan my bills and I think you might be in the know!

JimLad

ourcornercottage wrote: »

Just a quick question, I know you have solar panels. We've had them for 6 months and import 3-5 units per day in this last 6 months. What can I expect that to increase to in the winter months as a guesstimate. 2 x, 3x ? Assuming doing washing etc when generating when we can etc.

I'm expecting to need to turn on oil water heating back on beginning of October Is that a reasonable assumption.

I know it's not a MFW question but it kinda is as I want to plan my bills and I think you might be in the know!

So, we have a 3 bedroom house but only two of us in it. Bear in mind though we have airbnb guests 3-4 nights a week so extra used there. I leave the hot water timer on all year round but only to come on for an hour in the evening, because of the thermostat, this way it tops up anything the sun has not done. Obviously in the summer it never comes on but in the winter it comes on most days

Here are some bills I have easy access too. As you can see its about double for electricty but the gas is a massive difference. Obviously, there is heating as well as water here making the difference but you get the gist.

Electricity
November 2015 - 157kwh
January 2015 - 140 kwh
June 2015 - 80 kwh
July 2015 - 88 kwh

Gas
November 2015 - 70 units
January 2015 - 127 units
June 2015 - 6 units
July 2015 - 7 units

JimLad

Quick airbnb update!

We have noticed our bookings have slowed down a little in August and a little investigation shows that a few new hosts have appeared in our local area. One undercutting us by £7 a night, but they don't have a private bathroom or 58 5 star reviews.

To combat this we have dropped from £32 to £30 a night and put instant book on. Instant book allows guests to book without us having to approve them and it supposedly results in more bookings. We have set it to only allow people with at least 5 good reviews from other hosts.

Lets see how this goes!

In other news, I did a matched bet on the Arsenal Liverpool game last night which was a £35 profit if either won or £37 for the draw. It was a draw! Woop!

Watty1

You've just reminded me that I was going to look into Matched Betting.

Mrs_Rachel_Trelfa

Hi jimlad, the airbnb seems to be working brilliantly for you. I have thought about renting out the spare room in our house but I just don't like the idea of sharing my space with a stranger.

ourcornercottage

JimLad wrote: »

So, we have a 3 bedroom house but only two of us in it. Bear in mind though we have airbnb guests 3-4 nights a week so extra used there. I leave the hot water timer on all year round but only to come on for an hour in the evening, because of the thermostat, this way it tops up anything the sun has not done. Obviously in the summer it never comes on but in the winter it comes on most days

Here are some bills I have easy access too. As you can see its about double for electricty but the gas is a massive difference. Obviously, there is heating as well as water here making the difference but you get the gist.

Electricity
November 2015 - 157kwh
January 2015 - 140 kwh
June 2015 - 80 kwh
July 2015 - 88 kwh

Gas
November 2015 - 70 units
January 2015 - 127 units
June 2015 - 6 units
July 2015 - 7 units

We have no gas but looking at page figures I can double for the winter months. Thanks that's really helpful

JimLad

Watty1 wrote: »

You've just reminded me that I was going to look into Matched Betting.

To begin with im just sticking to the really simple offers. Quite often BET365 do one where you get a risk free in play bet up to £50 when you place a pre match bet. They are the easiest to profit from.