Vacasa in Georgia or the Smoky mtns

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Vacasa in Georgia or the Smoky mtns

Real Estate Broker · Athens, GA · Member since 2020 · 42 posts · 17 votes

We are looking into different properties mostly in the GA Mountains and Vacasa has been extremely helpful in projecting revenues and looking into properties. Does anyone have experience with their management in the smokies or Ga? From the reviews and forums I have read, it seems like a lot of people haven't had good experiences with Vacasa managing their properties. I'm just wondering if their team in this area might be different. Thanks

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Leslie Anne Morris

Real Estate Agent · Smoky Mountains, TN · Member since 2022 · 1k+ posts · 984 votes

They call me all the time because I own 10 STR. I haven't worked with them personally because I own a property management company. But in the Smoky Mountains most property management companies will assist in some sort of proforma if you are considering using their services. I've built out an ROI calculator on my website that I direct most investors to if I'm not working with them in some other capacity. Happy to share it if you'd like to take a look.

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Leslie Anne Morris
Real Estate Agent · Smoky Mountains, TN · Member since 2022 · 1k+ posts · 984 votes
4y
They call me all the time because I own 10 STR. I haven't worked with them personally because I own a property management company. But in the Smoky Mountains most property management companies will assist in some sort of proforma if you are considering using their services. I've built out an ROI calculator on my website that I direct most investors to if I'm not working with them in some other capacity. Happy to share it if you'd like to take a look.
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Collin HaysBusiness Member
Property Manager · Gatlinburg, TN · Member since 2020 · 3k+ posts · 4k+ votes
4y
Quote from @Charlie Massey:

We are looking into different properties mostly in the GA Mountains and Vacasa has been extremely helpful in projecting revenues and looking into properties. Does anyone have experience with their management in the smokies or Ga? From the reviews and forums I have read, it seems like a lot of people haven't had good experiences with Vacasa managing their properties. I'm just wondering if their team in this area might be different. Thanks
Vacasa takes about 40% of the revenues if you add in all of the ways they get to you. Probably the most expensive management option out there.
[email protected]806-672-7102
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Joe StoutPro Member
Investor · Catonsville, MD · Member since 2020 · 81 posts · 41 votes
4y
Quote from @Charlie Massey:

We are looking into different properties mostly in the GA Mountains and Vacasa has been extremely helpful in projecting revenues and looking into properties. Does anyone have experience with their management in the smokies or Ga? From the reviews and forums I have read, it seems like a lot of people haven't had good experiences with Vacasa managing their properties. I'm just wondering if their team in this area might be different. Thanks

As a customer, I actually despise Vacasa when staying at an airbnb. They do not have favorable terms and have rubbed my friends and I the wrong way in a couple situations. I like to think of my self as a level-headed dude when dealing with property mgmt companies since I self manage. I have given multiple 4 star reviews to Vacasa before- just wouldn't recommend from the customer service aspect. From a revenue projecting aspect, I think you can do the same thing as them by looking at similar airbnb properties in the area as well as using Airdna.co. Wouldn't use them personally.
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Jeffrey Albaum
Investor · Austin TX · Member since 2018 · 151 posts · 165 votes
4y
Hey @Charlie Massey - I also have never used them personally, but I think there are enough local management companies in the Smoky Mountains and Georgia markets, that it usually doesn't make sense to go with "biggest" company. Would love to connect to learn more about the GA mountains markets! We have a few STRs in the Smokies and have really loved them.
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Michael BaumPro Member
Olympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
4y
Hey @Charlie Massey. Seeing as Vacasa has a vested interest in getting your onboard, I would believe their projections are accurate as much as I believe that I can buy the Brooklyn Bridge...for a dollar...
Do your own research and don't rely on Vacasa's projections. Vacasa has some real issues with communication and quality of service.
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Andrew Simms
Rental Property Investor · Marietta, GA · Member since 2017 · 131 posts · 101 votes
4y
@Charlie Massey agree with @Michael Baum - I wouldn't trust those projections. Do your own.
It also seems that every property I have seen that is managed by Vacasa has high cleaning fees. Cleaning fees are included as income, thus included in the projections. For us, our cleaning fees covered the cost of our cleaner and that's it. No fluff, so I don't consider that in our gross rental income. Just food for thought.
I have also stayed in a cabin or two that were managed by Vacasa and I was never impressed.
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Charlie Massey
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Real Estate Broker · Athens, GA · Member since 2020 · 42 posts · 17 votes
4y
Quote from @Leslie Anne Morris:

They call me all the time because I own 10 STR. I haven't worked with them personally because I own a property management company. But in the Smoky Mountains most property management companies will assist in some sort of proforma if you are considering using their services. I've built out an ROI calculator on my website that I direct most investors to if I'm not working with them in some other capacity. Happy to share it if you'd like to take a look.

That'd be great to check out if you dont mind sharing. thanks for the advice!
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Leslie Anne Morris
Real Estate Agent · Smoky Mountains, TN · Member since 2022 · 1k+ posts · 984 votes
4y
Quote from @Charlie Massey:

Quote from @Leslie Anne Morris:

They call me all the time because I own 10 STR. I haven't worked with them personally because I own a property management company. But in the Smoky Mountains most property management companies will assist in some sort of proforma if you are considering using their services. I've built out an ROI calculator on my website that I direct most investors to if I'm not working with them in some other capacity. Happy to share it if you'd like to take a look.

That'd be great to check out if you dont mind sharing. thanks for the advice!
It’s at join.joshscabins.com
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Kalim Kalla
Investor · Atlanta, GA · Member since 2018 · 104 posts · 116 votes
4y
Quote from @Leslie Anne Morris:

They call me all the time because I own 10 STR. I haven't worked with them personally because I own a property management company. But in the Smoky Mountains most property management companies will assist in some sort of proforma if you are considering using their services. I've built out an ROI calculator on my website that I direct most investors to if I'm not working with them in some other capacity. Happy to share it if you'd like to take a look.

Hey Leslie, Curious for your property management services do you guys source the properties for your clients as well as managing their STR, What is the typical management rate that you charge for such services in the Smokies?
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Leslie Anne Morris
Real Estate Agent · Smoky Mountains, TN · Member since 2022 · 1k+ posts · 984 votes
4y
Quote from @Kalim Kalla:

Quote from @Leslie Anne Morris:

They call me all the time because I own 10 STR. I haven't worked with them personally because I own a property management company. But in the Smoky Mountains most property management companies will assist in some sort of proforma if you are considering using their services. I've built out an ROI calculator on my website that I direct most investors to if I'm not working with them in some other capacity. Happy to share it if you'd like to take a look.

Hey Leslie, Curious for your property management services do you guys source the properties for your clients as well as managing their STR, What is the typical management rate that you charge for such services in the Smokies?

We do everything. I’m offering a passive investing strategy for hands off investors. Let’s talk!
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