Ideal Property to Manage

Salvatore Ross

Property Manager · Miami, FL · Member since 2021 · 48 posts · 26 votes

When it comes to finding the perfect property to manage/co-host, what’s on your must-have list?

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John UnderwoodPro Member

Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes

Make sure I own it.

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John UnderwoodPro Member
Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
2y
Make sure I own it.
7 Reply
Kate Stoermer
Real Estate Consultant · Ann Arbor, MI · Member since 2023 · 85 posts · 93 votes
2y
Quote from @John Underwood:

Make sure I own it.

That's about it. Otherwise, its all about the owner and a minimum threshold for rental potential.
4 Reply
Andrew SteffensBusiness Member
Tampa, FL · Member since 2022 · 3k+ posts · 3k+ votes
2y
For us there is no perfect property to manage.
I am more concerned with the owner. If they are low revenue and high maintenance or not...
[email protected]813-563-0877
Vacation Rentals of Florida53 Reviews
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Collin HaysBusiness Member
Property Manager · Gatlinburg, TN · Member since 2020 · 3k+ posts · 4k+ votes
2y
Quote from @Andrew Steffens:

For us there is no perfect property to manage.
I am more concerned with the owner. If they are low revenue and high maintenance or not...

Indeed. I just fired an owner last month. She was consuming half of our time, and we were both miserable.
[email protected]806-672-7102
SMOKY MOUNTAIN FALLS INC.51 Review
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Michael BaumPro Member
Olympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
2y
Amen @John Underwood @Kate Stoermer! Testify!
2 Reply
Andrew SteffensBusiness Member
Tampa, FL · Member since 2022 · 3k+ posts · 3k+ votes
2y
Quote from @Collin Hays:

Quote from @Andrew Steffens:

For us there is no perfect property to manage.
I am more concerned with the owner. If they are low revenue and high maintenance or not...

Indeed. I just fired an owner last month. She was consuming half of our time, and we were both miserable.

Pareto principle - 80% of the problems caused by 20% of the people.
[email protected]813-563-0877
Vacation Rentals of Florida53 Reviews
Website View Page
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