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Updated about 4 years ago on . Most recent reply

User Stats

23
Posts
15
Votes
Ian Olmsted
  • Investor
  • Monroe, NC
15
Votes |
23
Posts

Getting Started with Short Term Rentals (AirBnB, VRBO)

Ian Olmsted
  • Investor
  • Monroe, NC
Posted

Hey all, it's been a while since I've been active on here, but a lot has happened in the last few years! I moved to Charlotte, NC about 3 years ago and immediately started investing in long term rentals. Got burned out on the c and d-class properties and tenants, so I made a lifestyle change, sold my long term rentals and started reinvesting the profits into higher-end short term rentals.

I've learned a lot and am happy to share my experience with anybody interested in getting into short term rentals, specifically in mountain properties.  I invest in Western NC and love it.  

Thanks all, I look forward to connecting!

~Ian

Most Popular Reply

User Stats

23
Posts
15
Votes
Ian Olmsted
  • Investor
  • Monroe, NC
15
Votes |
23
Posts
Ian Olmsted
  • Investor
  • Monroe, NC
Replied

i am only managing 2 STR. I have always used property management companies for LTR mainly for screening and eviction coverage, but that is not needed in the STR game. For systems, I have cleaning crews, trash pick up, handymen, etc that all know what I am doing, know my goals/expectations and are set up for automatic or instant digital payment. As for bookings, I still enjoy handling that on an individual, personal basis. It's the personal touch that keeps guests coming back.

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