All Forum Posts by: Ryan Smith

Awesome, thanks for the direction!

Hey Folks, 

I'm sure the answer varies by market and experience, but I wanted to see what advice some of you may have when considering professional management and STR.

Here is the situation: 

I am purchasing a 2BR/2BA condo in Destin, FL with deeded beach access. I will be utilizing it as a primary residence this September but I will have most of the high season (March-September) to generate STR income before I move in.

I have spoken with one property manager that I trust and who I have worked with before as a customer, his rate is 22%. 

I have two single family properties that I manage on my own, but I am relatively inexperienced. 

Bottom Line: Is a property manager a good choice to maximize value in the most popular booking period?

Hi there BP forum! I am a new member and this is my first post. 

I am military and live in Fort Walton Beach, Florida (panhandle, close to Destin if that helps haha). I am deployed for 4 months out of every 9 and I am trying to leverage that situation into a condo as a primary residence which I can also use as a short-term rental while I am gone.  

I have two properties that are single family homes and I am very inexperienced, however, I feel somewhat comfortable managing. With that said, I have no idea how to pick and manage a short-term rental. 

Any help I can get from other's experiences would be greatly appreciated. I am looking for any information concerning short-term rentals e.g., selection, resale, marketing, management options, general experience, etc.