Updated over 3 years ago on . Most recent reply
Pros and Cons of OOP Short Term Rentals Managment Style
Hey everyone,
Just curious what everyone's thoughts are on out-of-province investing, particularly in Short Term Rentals. I live in Vancouver, BC, Canada.
Do you guys set up systems in order to manage them from afar? or just bite the bullet and go the headache-free path of hiring a property management company?
Personally, I like the idea of setting up a system and then duplicating it over and over but as I have never done this I guess I am more worried about big potential issues that may arise; structural damage, stolen goods, lost keys, exceeding the number of people, evictions.
lol I'm sure that stuff doesn't happen too often. But since I will be out of province just curious what others have done and what their experience has been over the years.