Property Management Company or Not on Amelia Island

[Joseph Longo]

Hi,

I'm considering a purchase of a 1br/1ba condo on Amelia Island (Long distance rental). The unit is currently managed by Vacasa. Their 20% management fee is off-putting. This would be my first STR, so I don't have experience finding the right boots on the ground to support the rental (e.g. cleaning, maintenance, re-stocking, etc.) Any advice on how to source those types of professionals? I'd love to not use a PMC if I don't need to.

[Collin Hays]

Quote from @Joseph Longo:

Hi,

I'm considering a purchase of a 1br/1ba condo on Amelia Island (Long distance rental). The unit is currently managed by Vacasa. Their 20% management fee is off-putting. This would be my first STR, so I don't have experience finding the right boots on the ground to support the rental (e.g. cleaning, maintenance, re-stocking, etc.) Any advice on how to source those types of professionals? I'd love to not use a PMC if I don't need to.

 With Vacasa, you are paying 20 percent for not much. Vacasa is more of a marketing company, not so much actual property management. There isn't sufficient margin in this business for a national company such as Vacasa to deliver on what they promise.