Looking for a property manager or co-host in Riviera Beach, Fl

[Lynn Ramdin]

Hi BPers,

I'm actively searching for an investment property in Riviera Beach area of Florida for short term rental and will need a property manager or co-host to coordinate cleanings, maintenance and any questions from renters. Does anyone offer this service or know someone I could contact?

[Valerie Rogers]

Hi Lynn,

Congratulations on your new venture!

Are you looking for a full-service property manager who will handle everything, leaving you completely hands off?

Are you planning on being somewhat involved?

Are you considering handling everything yourself? 

From your message it does not sound like you are interested in handling everything yourself but I just wanted to be sure you knew that it actually is possible for you to do so, even if you don't like close to your investment property. It all depends on how much you want to be involved.

The more you do yourself, the more revenue you keep. The less you do yourself, you'll keep less revenue.

I'm sorry that I do not have any contacts for property management companies in Riviera Beach.

But you might consider the second option and hire a booking service to handle all of the time-consuming tasks of managing a short term rental. A service like this will handle all of your property's advertisements, inquiries, communicate with interested travelers, handle the reservations from confirmed guests including communicating with them, making sure they sign a rental agreement, sending check-in instructions, follow up requests for reviews, communicate with your housekeeping staff to notify them of new bookings and more. With a service like this the property owner is usually responsible for making sure the property is furnished & supplied adequately, maintained properly, reporting & paying applicable sales tax, hiring a good, dependable housekeeping service & handling any maintenance issues that might come up during a guests stay.

The difference between the two services is the amount of commission you will pay: a full-service property management company can charge anywhere between 20% - 60% or more, depending on the location of the property and its market. A booking service will charge a fraction of that. 

My husband & I own 4 vacation rental properties and none of them are what I consider "close" by. One is 1.5 hours away from where we live in CO, two are in FL and one is in VA. We self-manage all of them. But, that is my "job"; I am semi-retired and handle all of the management of our properties myself. It is time-consuming (if you do it the right way) but I enjoy it. I also manage the bookings for other clients as well.

Best wishes in your new endeavor!

Valerie