All Forum Posts by: Bryce Cutler

We rented it for 2 years then they put in regulations. Not ideal. We are lucky, it went from profitable to paying for itself and we are getting to use it more so it’s not the worst thing. Others didn't end up as well.

 We were not grandfathered in. They enforced it on everyone.

Being in the Adirondacks is great but make sure you know what the STR regulations are in each community. Some don't exist, some exist and are STR friendly and some are very STR restrictive. Popular places like Lake Placid have very restrictive rules and Saranac Lake is discussing new rules for their community as well.

@Shannon Green I will agree with all you have seen here. Evolve and others of the type are good in the beginning and as you learn more you realize they aren’t really worth their 10%. I self managed our first 2 after ditching evolve and we are now up to 5 and utilize hostaway to streamline our processes and it has certainly made things easier. Other PMS options are good and after months of research I chose Hostaway but there are several that are really good. No sense in spending a ton of time researching them all, they are all pretty similar but definitely have helped me with self management. 

As I’m sure you are figuring out, your best resources are right here in the forums. Best board of directors for your business. 

Bryce

 Hey Nikki, I just finished doing my research for which PMS to use and went with Hostaway. I currently have 4 units and growing and I needed to streamline things and 4 weeks in Hostaway has been great for me. There is a bit of a learning curve and getting it set up takes some time but I can already see the benefit of using a PMS. My top 3 after research were Hostaway, Hostfully and Hospitable. With just 1 property, Guesty, OwnerRez and Lodgify might be decent options for you as well.

We have 5 properties and own some and host some. We just signed on with Hostaway and they have been pretty good so far. We will also use Touch Stay and AirDNA to integrate with Hostaway.

Hey @Michael Baum, I did but only 5 conversations came up which I thought was a little light.

 Thanks @Golan Corshidi

I currently manage 3 vacation rental properties and have 3 more to potentially add before year end. I am currently handling everything manually with excel but need to stream line processes and listings to make things simpler. If it matters I own 1 and co host 2 and the 3 additional would add another owned and 2 more to co host. Thanks.