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Updated almost 2 years ago on . Most recent reply

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Michael Stefan
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Changing STR Management Guidance

Michael Stefan
Posted

Our current management team is not working out. They also have complete control over access with airbnb/vrbo, etc as well as 'own' the reviews. If we were to change management (likely) all reviews would be lost, and we are also approaching our high season (summer, Midwest) thus we are trying to not jeopardize our bottom line during our peak season. My wife and I are most concerned with what steps need to be in place or things to be mindful of before pulling the plug from one management team to another in an effort to best streamline and reduce the opportunity cost that'll be lost during this transition. We will be moving approximately 20-25 STR's all located in the same city if that gives any better context ranging from 1-4 unit properties.

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