Co-hosting STR Responsibilities

[Jake Greener]

Hello all,

I am in the process of purchasing a STR to advertise on Airbnb with a partner. We are planning to split the deal 50/50. I am wondering for those that partner on Airbnb deals how do you separate the responsibilities of managing the property?

I want to enter the investment with clear ideas on each other’s jobs and day to day responsibilities prior to jumping in.

Thank you!

[Gita Faust]

Have it in writing, that way it is clear and concise from the get-go.