Pros and Cons of STR Property Managers

[Braedon Page]

Hey all,

I am the cofounder of a new property management group on Oahu. As I start this venture, I want to avoid the mistakes of other PM's and learn from those who provide and excellent service to their clients. I know that many in the bigger pockets community are more the DIY type and self-manage, but for those of you who have used property managers for your short term rentals, what have been the pros and cons of your experience? The general sentiment toward STR PM's seems to be a bit negative, but there are still a lot of management companies and for a good chunk of STR owners there seems to be a need for management services.

Those who have great PM's - what makes them great? How did you find them? What do they do better than others?

Those with negative PM experiences - what happened? What would you recommend to my team and I as we start out to avoid those same mistakes?