All Forum Posts by: Keith Weigand

We used PropertyZar.com (full disclosure - I am associated with them)

We use PropertyZar. 

We also have a smaller portfolio and the available software was too cost prohibitive. We  developed and use PropertyZar.com.

I am well familiar with weekly and monthly rentals. However, I have never owned a vacation rental, yet. What specifically are the differences in way of managing from monthly rentals? 

I haven't heard anything about Roofstock but I have heard good things about Morris Invest.

@Seth Mosley Try Bendor Realty in Cleveland, TN. 

When you get to that many units, you probably should look at an application that is specifically designed for managing properties. There are several out there but we use our own. You won’t be able to scale your business with adhoc components such as quickbooks, google drive, a solution for screening, something else for syndication and another for eDoc solution etc.

Check with Jeff Copeland He’s in St Pete and is a PM in that area.

Average seems to be 8-10% of income. Most PM software allows you to select which accounts management fees apply to.

In my opinion, a PM is a must for some and not so much for others. So much depends on your current situation and goals. If you own 35 properties but work a full time job, you will want a PM. If you’re retired, rentals in close proximity etc. you could manage yourself. You may have experience while others don’t. There are a lot of variables. If you do choose a PM, take the advice of BP members because you need a good dependable PM that’s also looking out for your interests.