All Forum Posts by: Stan Santini

What is the scope of their work? If you are using a IRA why do you need a CPA? The funds should be tax deferred? Your custodian should be able to advise you if a transaction appears to be prohibited.

 No answer. However, I currently use PriceLabs and have 3 STRs. It's been invaluable.

Do you have a preference among the 3 pricing sites? WH, PL and BP?

 No.  I do the maintenance, calls, on boarding and everything else.  I've got a lady that does the cleaning for free and I get to sleep with her.

You're not going to find someone that will be in charge of just the cleaning/maintenance for $350-$400 a month, let alone all the other things you mentioned.  Like everyone else said, do it yourself.  I DIY with my 23 STRs.  Self-educated in property management, plumbing, electrical, carpentry, roofing, marketing, appliance repair, guest relations, spying and sabotage.

Nooooooo. What starts out crazy, ends crazier - and the more people with their hands in the till, the less control and return you have. It's not that hard to do any of this if you understand the business. First, know the booking sites that are the best for your property. AirBnb and Vrbo are pretty standard bets and you can easily set-up the marketing and reservations for your property yourself on those. They each have checklists/training that prepare you for setting up and running a successful business - for free. And, do yourself a favor and don't list your property if it's not maintenance-free; do the work first so that no major issues arise - including replacing the toilet flush valve, air filters, light bulbs (if old), and ensuring there are no trip hazards on the property; have an entry process/system in place for guests. A housekeeper who specializes in vacation rentals and a handyman/handyman service who can be available when needed is all you need. Please take a step back and get a better understanding of how this works before proceeding. Setting up right from the start ensures happy guests leading to great reviews, responsive resource partners, and a greater ROI. Best...

You're not going to find someone that will be in charge of just the cleaning/maintenance for $350-$400 a month, let alone all the other things you mentioned.  Like everyone else said, do it yourself.  I DIY with my 23 STRs.  Self-educated in property management, plumbing, electrical, carpentry, roofing, marketing, appliance repair, guest relations, spying and sabotage.

You're not going to find someone that will be in charge of just the cleaning/maintenance for $350-$400 a month, let alone all the other things you mentioned.  Like everyone else said, do it yourself.  I DIY with my 23 STRs.  Self-educated in property management, plumbing, electrical, carpentry, roofing, marketing, appliance repair, guest relations, spying and sabotage.