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Updated about 7 hours ago on . Most recent reply
Property Manager Considerations
First time home buyer. I’m looking for a short term rental property in either Lakewood or Cleveland Heights. Anything I should look out for when hiring a property manager?
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Andrew Steffens
#4 Short-Term & Vacation Rental Discussions Contributor
#4 Short-Term & Vacation Rental Discussions Contributor
- Tampa, FL
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Andrew Steffens
#4 Short-Term & Vacation Rental Discussions Contributor
#4 Short-Term & Vacation Rental Discussions Contributor
- Tampa, FL
I would ask the following:
- How many units do they manage?
- How many staff do you employ?
- What is your commission rate?
- What software's do you employ?
- What is your revenue strategy?
- - What is your marketing strategy?
All in all, in my opinion you are best served with a local company that is "mid sized" I.E. 30-90 units or so. Small enough where you are not just a number but large enough that one or two people are doing everything.