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Updated over 4 years ago on . Most recent reply

User Stats

13
Posts
6
Votes
Alex Griffith
  • New to Real Estate
  • Fayetteville, NC
6
Votes |
13
Posts

Best resources for learning about vacation rental management?

Alex Griffith
  • New to Real Estate
  • Fayetteville, NC
Posted

Couldn't find a property management forum, so I'll post it here.

I am interested in the idea of possibly partnering on a vacation rental property management company with someone who has a background in property management.

What are the best resources to learn about vacation rental management specifically? There are a lot of sources to learn about rental management, but they are all focused on long-term rentals. I am interested in things like AirBnB properties and other sources.

I want to learn about the process, both legally and managerially. I can't find much on vacation rental property management companies. Interested in Youtube, podcasts, books, courses, etc.

Some books I found include: The Definitive Study of Vacation Rentals, Vacation Rental Master: Beyond Airbnb, How To Rent Vacation Properties by Owner: The Complete Guide to Buy, Manage, Furnish, Rent, Maintain and Advertise Your Vacation Rental Investment

Videos to learn about the best software for it, all the legal aspects, the process ins-and-outs, is there a resource? Obviously, you learn from doing, but you don't want to jump in blind either.

Most Popular Reply

User Stats

181
Posts
244
Votes
Benjamin Vail
  • Real Estate Broker
  • Columbus, OH
244
Votes |
181
Posts
Benjamin Vail
  • Real Estate Broker
  • Columbus, OH
Replied

The book and podcast Get Paid For Your Pad. The author Jasper is great, It changed my life! Also, look into VRMA, there is an un-ending amount of info there. Another great source is on Facebook, the Airbnb Profit club, STRPA, STRU, and on YouTube you should look up “Airbnb automated”. There is a lot of white noise out there, but the list above will intro you to the few groups and gurus that are worth your time. (And of course on here all you ever really need has been said by @Lucas Carl, and @Paul Sandu! 

Today I am lucky enough to be doing a private mastermind called STR Ledgends. That is group of STR management companies that are doing at least 30+ units, (or $2m/year in STR revenue) and a rigorous application process.

My advice is instead of reading books, spend more time getting involved in these groups and forums.  Ask questions and also give back value whenever you can. This market is changing so fast that lots of info is outdated. 

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