For owners, self management vs hiring a vacation rental company?

[Thanh Lu]

For owners with a small portfolio (1-3 STR), how did you decide between self management vs hiring a vacation rental company? If you have a larger portfolio, are you still self managing? I am just starting out and have 1 STR.

Would love hear the pros/cons that you took into consideration when deciding how you want to manage your STR.

[Bruce Woodruff]

I had 2 STRs and found that the only way to make good $$ was to do everything myself. Managing a good STR is pretty easy. But that's just me, maybe your market can tolerate higher nightly rates.....