Airbnb in Tallahassee

[Alexander Johnosn]

Hello,

I've been investing in Tallahassee on the side for about a decade now and have accumulated 4 rental properties that cashflow very nicely. I am thinking about changing my strategy towards Airbnb. Does anyone have experience with that in the Tallahassee area?

1 big question...I have a PM for my rentals. Do you have a PM for Vacation units? Is it the same PM or someone else who specializes in it?

[Remi H.]

I have a STR home in Tallahassee about 2 mi from FSU stadium, cashflow is great during football season/graduation/session (jan-mar).

You'll need someone who is specialized in turning properties over more often (cleaners, checking for damage, restocking essentials like coffee etc). This is typically not a PM in my experience as it's a much higher touch property. They'll also typically want higher than the 10-15% you'll pay a PM company.

Have you done Airbnb (or VRBO) before? Happy to give you some follow-up advice based on knowing whether you've used either platform.