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Updated over 1 year ago on . Most recent reply

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Hemal Adani
  • New to Real Estate
  • Iselin, NJ
16
Votes |
40
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Anyone has experience working with Awning.com?

Hemal Adani
  • New to Real Estate
  • Iselin, NJ
Posted

Hi folks, I am thinking about a property purchase through Awning.com. They are property management company. Not sure if anyone has experience working through them. Please share.

Most Popular Reply

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@Ben Taub Of course!

Update on my experience with Awning - I fired them effective 10/31/23, and since 11/1 I have been managing the property myself. I'm now kicking myself for paying Awning so much money for doing very little work (on top of creating a list of additional problems that otherwise wouldn't have existed). If you have just a single property, it is very, very easy to manage yourself and you'll save a ton of money by not paying a property manager (thousands of dollars). 


AirBnb already has all the tools you need to automate messaging. I also have PriceLabs and Turno to automate pricing and housekeeping/maintenance. I spend literally just minutes each week between communicating with guests and my cleaning/maintenance team, as well as ordering more items that the cleaner says we need to stock up on for the property.

I can see the need for property management services if/when you have a larger portfolio of properties, but for a single property I highly recommend doing it yourself and saving the money. I thought I wanted to be entirely hands off as well, but the amount of actual work is so small day-to-day, and property managers charge so much, that it is worth being hands on right now.

I can assure you of this - it is NOT worth 25% of your revenue to pay a property manager when they literally spend a minute or two each day thinking about your property. I now know this after managing myself for a couple months. 

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