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Ben Taub
  • Newark NJ
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23
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STR Managing company for upstate NY

Ben Taub
  • Newark NJ
Posted

Just bought a single family in upstate NY (Maybrook), and I am considering doing STR at least until the spring when it is a better time to list .

I am looking for an STR managing company to do it A-Z, any suggestions or pre-cautions welcome

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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
Replied

Hey @Ben Taub, so you are looking at investing maybe 20k or more on getting it ready to STR.

I don't think it is worth spending that cash plus dealing with all the stuff you just put into it for a few months of STR revenue.

I agree with @John Underwood on a short LTR. At least you will mitigate some carrying costs without spending to outfit a proper STR.

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