Short Term Out of State Rental - Self Managing

[Alicia Hall]

Hi! Looking for anyone who self manages their out of state properties. Would you advise self managing your first STR that is out of state? Wondering if that will create more risk for myself doing that.

Thanks!

[Mike Shemp]

We live in New Jersey and have two STRS in White Mountains of New Hampshire (7 hours north) and one STR in the Outer Banks of North Carolina (7 hours south). We rarely ever talk to anyone on the phone to our team. The entire operation is run by text and email.

The key is finding the right team. We have met face to face with every team member (handyman, cleaner, plumber, etc). Some of the best ways to find a good team is to see if there is a STR group for your market on Facebook, and connect with the other homeowners to see if they can provide recommendations.

Hope that helps.

Mike