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Updated over 1 year ago on . Most recent reply

User Stats

31
Posts
16
Votes
Kelly Cochran
  • Investor
  • Spokane, WA
16
Votes |
31
Posts

Is it insane to manage your own STR?

Kelly Cochran
  • Investor
  • Spokane, WA
Posted

Hey friends,

Really struggling with paying 25-30% of our gross to a property manager on our first STR.

I love all the details that go into AirBNB (decor, set-up, marketing copy, customer service), so the only things I can really see needing help with are:

1. 24/7 emergency response person

2. Lawn care

3. Great cleaning people for turnovers who I can trust

Is that worth 30%? 

Our STR is in a vacation town 40 min from us - we are very familiar with the area.

High season is all summer, then slows way down.

Thoughts? What am I missing?

TIA!

Kelly

Most Popular Reply

User Stats

4,235
Posts
5,684
Votes
Luke Carl
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
5,684
Votes |
4,235
Posts
Luke Carl
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
Replied

Yes. I’m insane. I have a bunch of them. 

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