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Updated almost 6 years ago,
Short Term Rental Management - How Do You Get Paid?
Hi Bigger Pockets Community! After managing my own successful ST rental for years, I started a STR management business in my small mountain town and am gaining properties quickly. I have a few questions that I'd love some insight on from the BP community:
- How do you deal with payments? Airbnb splits things up night and easy, but not the HomeAway platforms. For awhile I was collecting all income and issuing my clients checks at the end of each month. However, I am a one-man-band currently and bookkeeping became a nightmare. Should I have all payments go to my clients and bill them each month? Or hire a bookkeeper?
- How do you deal with middle of the night calls?
- Does anyone have any software they love? I am currently using AirGMS but their cleaning capabilities are not top notch.
Thank you to anyone with knowledge and insight!