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Updated almost 4 years ago on . Most recent reply

User Stats

36
Posts
6
Votes
Lynzie Mackey
  • Fort Myers, FL
6
Votes |
36
Posts

Creative Ways to Self Manage Airbnb STR

Lynzie Mackey
  • Fort Myers, FL
Posted

Hello!  I've had great success with Airbnb and VRBO with two Short Term Rentals which are tiny houses on wheels.  I have one long term rental and we just purchased another property close to the beach that we live in and rent short term during the high season here!  A lot of this is all thanks to Bigger Pockets!

 I've automated a lot of my processes, so see very little purpose in giving away my money to a vacation rental manager, or other company, but managing these 3-4 properties with 3 little kids becomes a bit challenging when issues come up.  

What unique strategies do you use to keep an eye on your properties?  Does anyone use a HomeWatch company or something similar?

Does anyone pay someone to handle issues that come up without paying the vacation management fees?

Looking for any insight on how to handle the work that needs people on the ground at the property, so I can focus more on purchasing my next vacation rental!

Most Popular Reply

User Stats

503
Posts
660
Votes
Mark Miles
  • Rental Property Investor
  • Philadelphia, PA
660
Votes |
503
Posts
Mark Miles
  • Rental Property Investor
  • Philadelphia, PA
Replied
Originally posted by @Lynzie Mackey:

Hello!  I've had great success with Airbnb and VRBO with two Short Term Rentals which are tiny houses on wheels.  I have one long term rental and we just purchased another property close to the beach that we live in and rent short term during the high season here!  A lot of this is all thanks to Bigger Pockets!

 I've automated a lot of my processes, so see very little purpose in giving away my money to a vacation rental manager, or other company, but managing these 3-4 properties with 3 little kids becomes a bit challenging when issues come up.  

What unique strategies do you use to keep an eye on your properties?  Does anyone use a HomeWatch company or something similar?

Does anyone pay someone to handle issues that come up without paying the vacation management fees?

Looking for any insight on how to handle the work that needs people on the ground at the property, so I can focus more on purchasing my next vacation rental!

Hey! I ran into the same issues that you did… self managing is great, but you need help in order to scale and grow your business

So now I’ve got people offshore managing my properties at a very high quality for a fraction of the cost, something worth considering.

Mine can set door codes, message (or call) guests, schedule cleaners, adjust the thermostat, monitor my cameras, & call a plumber just as easily as a local PM can, for 1% of the cost

They handle everything themselves and rarely need to get me involved in anything, it is the perfect hands off low cost operation

I wrote much more about leveraging offshore assistants in this post here. If you find it useful, feel free to upvote ;)

https://www.biggerpockets.com/...

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