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Updated almost 3 years ago on . Most recent reply
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Recommendations for STR Team (Cleaners, Handymen, etc.)
Hi all,
Looking to get into the STR game in the Orlando area and wanted to see if I could get some recommendations for all the necessary parts of the team to keep this running remotely. If you have any recs for the below OR even recs for things not listed, please share!
Property Managers
Cleaners
Handymen
Electricians
Plumbers
Anything else!
Would also love to connect with anyone who has done/is doing rental arbitrage from both the renter and the landlord sides in this market. Please reach out!
Thanks in advance!
Most Popular Reply
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@Gabe Nazario are you planning to self-manage? If you find the right PM and build that cost into your proforma (even if you want to self-manage, you should build that in) they can help with all of those other pieces. Some PM's will nickel and dime you, but finding a consistently available cleaner, handyman etc could make this a full time job for you and you'll wish someone else was doing that piece for you. I can recommend @Jay Breitlow to you for a very hands on PM.
As for the arbitrage piece, I just went under contract on a home that the seller has been allowing this from his tenant and there are a few others out there doing the same in some of the better communities. Most of those contracted during the height of the pandemic as a safety net to make sure the bills were paid. Now that the demand is higher than ever, it will be tough to find someone that will let you do that. And if you are in Jersey City and don't have the local knowledge/contacts of making a STR very successful in Orlando, that would be risky for me.
Best of luck to you!