All Forum Posts by: Becky Kaapuni

I have not been impressed when I've stayed at properties managed by vacasa or turnkey, which in my mind are the same as evolve (although I could be wrong on that). Have you ever considered self managing? Most people in this forum seem to do it. Basically, as long as you have a housekeeper and a handy man that can handle your turnovers and maintenance requirements, you can easily manage remotely. I manage my STR from across the country the same way I did when I was in driving distance. Maybe give it a try. If you hate it, you at least know what the job entails and can better question and interview potential companies to take it on.
Best of luck! Melissa 

Hey @Becky Kaapuni. I would avoid Evolve. All they do is take 10%, own your listing and are only communication relayers. All that you can do yourself.

Where is your rental at? Is it a vacation rental? Tell us more about it.

You can self manage that property with some good systems in place to handle things. All it takes is a phone and some good people skills.

@Aj Parikh, 25% is about the average for property management of a short term rental. They usually handle everything for you including cleaning turnover and the like. Much more than a LTR PM.

I have not been impressed when I've stayed at properties managed by vacasa or turnkey, which in my mind are the same as evolve (although I could be wrong on that). Have you ever considered self managing? Most people in this forum seem to do it. Basically, as long as you have a housekeeper and a handy man that can handle your turnovers and maintenance requirements, you can easily manage remotely. I manage my STR from across the country the same way I did when I was in driving distance. Maybe give it a try. If you hate it, you at least know what the job entails and can better question and interview potential companies to take it on.
Best of luck! Melissa 

I can tell you that a good manager can blow Evolve away.  At least that's the case in my market.  You could pay 30% management fee and still come out ahead.

I'd get a revenue estimate from Evolve and then get revenue estimates from local managers (or yourself) and decide from that.  I got a revenue estimate from Evolve for one of my personal cabins and they said they THINK they could hit 120k with it.  I hit 210k.  One of the first owners we took from Evolve saw his revenues go up 30% immediately due to underpricing.

Compare apples to apples as best you can so you can make an educated decision.  My personal vote would be to self manage (and dedicate time to do a good job) or shop hard to get a hungry PM that'll do a better job bringing in money.