Updated almost 4 years ago on . Most recent reply
Vacation Home Rental - Should I use AirBNB or VRBO or an Agent
Bought a house down the CT shore trying to decide if I rent it myself (via VRBO ABNB) or give it to an agent who has area expertise (and multiple rentals). This is my first year owning the house, high demand area. Looking to set it more for weekly rentals (not one or two days). Its about 45mins from where I live. Agent takes 10% of the rental and I think she takes care of getting the rental agreement signed.
Any experience with either? pros or cons? thoughts?
Most Popular Reply
My thoughts are that running vacation rentals remotely is not that hard, and you may want to give it a try. \
If for no other reason that if you do delegate these tasks to a PM you'll have a really good idea if they are doing a good job or bad job, and know what questions to ask, things like that.
You may find it harder to have those kinds of conversations with your PM if you are not intimately familiar with all aspects of running a STR. Plus there are several automation services that make the work easier than ever.
Hope that helps.
Mike