Management

 

Manage it yourself

Advantages of manage it yourself

  1. More money
  2. No fees
  3. More bookings
  4. Own your reviews
  5. Hands on experience
  6. Learn new skills
  7. Expand your business model
  8. Use the same skills and account to buy/list more properties

Disadvantages

  1. More work
  2. Hands on vs hands off

 

Professional management

Advantages

  1. Less work
  2. Hands off
  3. More fees

Disadvantages

  1. Less money
  2. More fees
  3. Can’t keep reviews
  4. Non expandable

 

“Frank set me up and walked me through how to convert my vacation home into a short term rental, he did everything for me, it was wonderful, and walked me through how to manage it myself.  I made over $130000 last year

– Gregg S