Rent by the Room Virtual Assistant's

[Jorge Matamoros]

Does anyone use a virtual assistant with experience working specifically on a rent by the room strategy?

[Drew Sygit]

@Jorge Matamoros this is NOT an easy strategy to pursue!

Hopefully, you're looking to do this on a Class A property, or at least Class B.

We've turned down Class C rent-by-room opportunities in the past because in our experience/opinion, you'll need someone that can visit the property weekly to not only keep an eye on what's going on, but also to "keep the peace" between residents. It's best to quickly address lease violations and inter-personal issues ASAP before they can get out of control.

How's a VA going to handle that?

If you do hire a VA, you can't count on them being long-term.
So, you'll want to make sure they document what they are doing! You'll need to review these written processes to make sure they are thorough and consistent. This will make it easier for you to train the next VA you'll inevitably have to hire, when the first one quits, you let go because they demand a significant raise or they just ghost you.