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Updated about 2 years ago on . Most recent reply

User Stats

94
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26
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Zackarias Aitchison
  • New to Real Estate
  • St Catharines, Canada
26
Votes |
94
Posts

Anyone run their STR 100% remote? Pros, cons? Stories?

Zackarias Aitchison
  • New to Real Estate
  • St Catharines, Canada
Posted

Has anyone owned and self-managed their STR 100% remote?

What was your experience like?

What are the pros?

The cons?

Is it scalable?

Most Popular Reply

User Stats

1,266
Posts
747
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Brooklyn McCarty
  • Investor
747
Votes |
1,266
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Brooklyn McCarty
  • Investor
Replied

My husband and I manage from over 14 hours away. Certainly doable! In 3 years we’ve hosted over 500 stays. And done every single stay as self management 

Pros: More money in our pocket. We take better care of our property than a management company would 

Cons: Of course from time to time, things will happen. Water heater goes out, hot tub quits, guest is mad about XYZ. The timing is typically impeccable.

100% scalable. 

Avery Carl has a book, Short Term Rental, Long Term Wealth. It’s your guide. Great, quick read for anyone getting starting looking to self manage. 

  • Brooklyn McCarty
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