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Updated about 6 years ago,
- Rental Property Investor
- Tennessee Florida
- 5,682
- Votes |
- 4,233
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How Time Consuming Are Vacation Rentals?
I get asked this question daily, and now with the help of ScreenTime on my iPhone I have an (almost) perfect answer.
In the past 7 days I’ve spent exactly 3 hours on my 5 properties via the apps on my phone. This was a blind analysis as it was done without knowing “screentime“ existed.
AirBnB: 2 hours 29 minutes
VRBO: 31 minutes
180 minutes divided by 5 properties = 36 Minutes Total Per Property
I am in the Pigeon Forge Gatlinburg Wears Valley Smoky Mountain market with 80-85% occupancy year round. Other markets may require less time or even much less time if your properties are not as occupied.
Of course there are occasions when I open my computer and sit there for an hour or two changing prices and policies. I would say this happens once per week or every other week. 90%+ of my “work” is done via the apps on my phone. I also get the occasional texty guest thst cant seem to figure out how to message on the platform. I will entertain them until I start to feel like their therapist and then I ghost. This happens about twice per month.
I hope someone finds this information useful.
Luke.