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Leon Lee
  • Real Estate Investor
  • Atlanta, GA
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269
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Systems on setting up short-term rentals

Leon Lee
  • Real Estate Investor
  • Atlanta, GA
Posted Jun 20 2021, 08:45

Fellow STR investors

As I am in the middle of setting up my fourth STRs and have another three to finish by the end of year, I wonder whether you all have any kind of systems to streamline the setup process? I have a full-time job and balancing the job and my small business seems to be critical too before the retirement. These are small projects I referred to on setting up a STR:

1. cosmetic repairs, i.e., replace toilets, replace shower drain flange.

2. Installation of curtains, mirrors, etc..

3. Assemble furnitures, mount TVs

It seems that if I contract out all of these small projects, it can easily costs thousands of dollars. On the one hand, I am trying to do the majority of these projects, especially those that I am good at, but on the other hand, I heard constantly that we should focus on only things that we are the best at. If you hire handymen to do these projects, do you have a list of fees for these small projects, or you pay them by hours? 

Any thoughts will be greatly appreciated!

Lee

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