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Updated about 3 years ago on . Most recent reply

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Pros and Cons of OOP Short Term Rentals Managment Style

Posted

Hey everyone,

Just curious what everyone's thoughts are on out-of-province investing, particularly in Short Term Rentals. I live in Vancouver, BC, Canada. 

Do you guys set up systems in order to manage them from afar? or just bite the bullet and go the headache-free path of hiring a property management company?

Personally, I like the idea of setting up a system and then duplicating it over and over but as I have never done this I guess I am more worried about big potential issues that may arise; structural damage, stolen goods, lost keys, exceeding the number of people, evictions.

lol I'm sure that stuff doesn't happen too often. But since I will be out of province just curious what others have done and what their experience has been over the years. 

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