Sub letting your way to fame in Seminyak Bali
People try all kinds of ways to make money over here. I’m talking about the foreigners of course, we all know how the locals make money.
My lease on the 2 bedroom place was finished this February so I renewed for another year, price 27m rp. Prices are going up around here, but I negotiated to keep it down. The house opposite mine is a mirror image, just that everything is backwards. A couple of months ago an older American guy was outside and chatted to Ika, he had just rented it from some Indonesians, who had rented it from the owner. He asked Ika about our lease, and she told him, 25m rp. “HOW MUCH?” he said. Ika told him and he asked 2 more times. The people who rented it to him charged 50m rp! Ika told me he has tarted the place up, redesigned the garden, put up some mosquito nets, decorations, painted some things etc. and now tries to rent out the place himself.
If he can get someone to take the place for a month, who is looking for a small house with 2 bedrooms, porch, kitchen, bathroom, garden, hot water, AC, parking, and close to the party scene to hand over $30 a day, he’ll make $900. That’s $5,400 if he can fill it for half the year. Who knows, there might be some takers. The place would be great for a couple of friends, 2 guys or 2 girls who like the beach and party scene, plus more privacy. If I sub let my place I could probably do okay too. Wouldn’t hard to find takers, and my margin would be much better than his.