Palm Beach Area- Self Managing

[Giannina Biala]

Hi All Any investor self managing a vacation rental in Palm beach Area? Any tips on effectively self managing or just better to pass on to property management if not in area?

[Joseph DiNardi-Mack]

@Giannina Biala for short term rentals I use Airbnb as well, for the most part. When I have trouble finding a tenant I sometimes use a combination of Craigslist and Facebook to help me find a tenant and than a separate property management platform to collect the payments. 

Also you are right vrbo and homeaway do both charge up front. Fun fact they are also both owned by the same company. I believe they only have annual subscriptions in the $400 range, but they may have monthly I am not positive. I do know that vrbo does offer pay by the booking, but they charge 8% of the booking versus Airbnb's 3%.