@AJ Santiago I have a few STR’s in big bear that I brrrr’ed into and my company manages STR’s for us and others with about three times the revenue of the 50% percentile of comparable properties.

One of the most thrilling aspects of this industry is the opportunity to optimize pricing strategies to maximize revenue from each property we manage.

Ideally, we want the entire process to be managed locally to Hawaii to maintain authenticity and manage logistics effectively (stamps from Hawaii and not the mainland).Unfortunately, I haven't found a local company on the Big Island that offers these services.

A Pro membership gives you the tools and resources you need to start, scale or manage your portfolio.

We live local and are self managing.  

How do you manage banks calling to speak with the seller after a sub-to deal?  

@Johnny Wolff Would say it depends on the city.We used to manage a property in Royal Oak, Michigan under the same "roommate" concept as you.

It’s the simplest way to get a feel of what it is like to be a landlord without going through the hassle of managing rehab projects.

I don't understand why there is such a wide variance between these two cabins right now - same formula.Also, I asked @Collin H. if there was any correlation he could find between the cabins his company manages that are doing somewhere between 15% drop to 50% drop and he said he could find no correlation.If I were to build another any time soon, it would be with a huge down payment, so it would not be so heavily leveraged for my risk tolerance right now.  

Expenses like this include things like property taxes, insurance, maintenance, administrative and office costs, payroll, marketing expenses, and property management fees.