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Updated almost 3 years ago on . Most recent reply

Airbnb property management
Can anyone recommend a good airbnb property management service located in Milwaukee Wisconsin?
Most Popular Reply

@Miles Fabishak save your money and self-manage if possible. You can do everything a property manager can do and it'll only take 1-2 hrs/week at most to keep up with the property. If you decide to self-manage vs. paying a PM 15-40% of your gross revenue, below are important points to know about self managing:
- Research local regulations to figure out what you need to do to have a legal STR
- Research properties near yours on Rabbu or Airbnb to figure out what amenities sell and what you can add to stand out
- Hire a professional photographer
- Implement a pricing tool like Wheelhouse, Pricelabs, or Beyond Pricing. You’re leaving money on the table if you try to do pricing on your own
- Find a solid cleaner and handyman (this may take a couple tries) as they are the lifeblood of your business and will help you with any last-minute requests that you can’t do being far away
- Use a Property Management System (PMS) tool like Guesty or OwnerRez to automate messages and run your business more efficiently
Good luck and DM me if you have any further questions!