Airbnb Property Management, Louisville, KY

[Dan Close]

Hi, I wanted to ask a question of the community. 

I have been thinking about starting an Airbnb Property Management company in Louisville, KY. I'm a licensed real estate agent, and a long time 5 star Airbnb owner with Superhost status. I know that Airbnb requires a much higher involvement then a normal rental and can be tough for people with other business activities or full time jobs.  My thought is we would handle all logistics including booking, hospitality, cleaning and etc.  

So my question for the group is, do you see a need in this niche? 

Thanks for any feedback,

Dan Close

[Justin H.]

Hey Dan, 

I definitely think there would be interest for that type of service in Louisville, KY. I've been curious about converting one of my SFRs or a unit in a multifamily into a STR and seeing how it does and if I did so I would definitely hire an AirBnB focused property manager because I wouldn't want to deal with the logistics of check ins, cleaning, etc.

There are 2 companies that I'm aware of that are currently offering exactly this type of service: Key Source Properties and BnB Louisville.  Here's a recent Insider Louisville article about Key Source which says they are now managing 30 AirBnB rentals.

Do you currently do AirBnB with your primary residence or a different property?

Thanks,

Justin