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Updated over 4 years ago on . Most recent reply
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Property Management companies in Gatlinburg/Pigeon Forge area
I am trying to find info on property management companies in the Gatlinburg/Pigeon Forge area. Does anyone here use a management company in that area? Could you tell me who you use and why or why not you would recommend them? I have one short term rental in the Knoxville area, and although I've considered self managing in Gatlinburg/Pigeon Forge, right now I'm curious about folks' thoughts on management companies. Thanks for your input!
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@Benjamin Curtis
We recently purchased our first STR in Gatlinburg with the intent of self managing. For a first timer, there is definitely a lot more work on the front end setting up online listings, hiring cleaners, getting handymen lined up but after that we've found that day to day management is only a few minutes at a time.
On the flip side to that, we have family members that use PF/G property management, pay 20% off the top and do nothing but collect the checks and love it.
It really comes down to personal preference, do you have the extra time and desire to put a little more work in for a lot more CASH FLOW.
Reading a few books and using the BP forums has been a tremendous help and gave us the confidence to make the leap. Also, use the BP calculators when analyzing properties. Run the same property twice once self managing and once using PM!