Hey all. Somewhat new to the BP community, but have been a landlord for a few years now.
My wife and I are looking to purchase an income property on Hilton Head Island for short term rental opportunities so we can utilize when its not rented out.
Since we’re 3.5 hours away, we’d be looking to find a reliable property management company/ individual who has a proven track record of success handling short term rentals.
Has anyone here had a positive experience with an organization/individual they’d recommend? We’ll be in Hilton Head for a long weekend in October so we’d like to arrange a few meet ups in advance.
Olympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
7y
Hi @RJ Bogardus. You have no interest in self management? I am over 6 hours from our STR and it is very manageable if you have the right cleaners and handypersons available.
I would have to think that you would lose 40% to a STR manager. Are you prepared to take that hit?