Self Property management ?

[Chris Fowler]

Hello all!  I am fairly new to the bigger pockets forum and real estate.  My family has owned a property on Tybee Island, Georgia that has been a long term rental for many years.  Last year, I did some renovations and decided to turn it into a STVR.  

I hired a property management company to take care of the property, thinking it would be a more secure way to recoup our renovation investment, since I have no experience managing properties.  After a year with this company, I have made the money  I invested back but havn’t been very pleased with the way they have managed the property.  So I want to try my hand at managing it myself but am struggling on how to start.

Should we start our own property management company? Can anyone lend some information on how to begin?

Is it necessary to start a property management company? 

[Paul Sandhu]

Listen to him ^^^.  All you really need is 3M Talent.  Mechanic, Magician, Mindreader.  I've got the first and third down pretty good, still working on the 2nd.

But your main things you'll need is someone to clean, do laundry, make beds and restock the house between vacancies.  And you'll need a handyman to do whatever simple repairs need fixing. 

I'm the handyman with 3M talent.  I've got a lady that does the housekeeping for free, and I get to sleep with her.  23 STRs with 83 beds.