Should I hire a property manager for my short-term rental?

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Have you ever wondered if you should hire a property manager for your short term rental or if you’d be better off managing it yourself?

A lot of investors assume a manager will save them time, but they do not always realize how much cash flow they give up or that hiring one can actually disqualify them from the short term rental tax benefits.

In this video, I break down what property managers actually do, how much they cost, and why most investors are far better off bringing on a virtual team member instead. I’ll walk you through when to hire a VA, how to find the right person, what to pay them, and how to set up simple systems so your business runs smoothly without becoming a second job.

By the end, you’ll see how the right virtual team structure lets you keep more of your revenue and run a high performing short term rental with far less effort.

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Chapters:
00:00 - Intro
01:44 - What does a short-term rental property manager do?
02:36 - How hiring a property manager affects your net cash flow (and disqualifies you from STR tax benefits)
05:44 - What to do instead and how much to pay a virtual team member
06:46 - Comparing the differences between having a property manager vs having a virtual assistant
02:28 - What about the on-the-ground components?
11:17 - How do I pick the perfect candidate for my virtual team and where can I find them
14:11 - How much should I pay my virtual team members?
16:30 - How do I set my virtual team member up for success moving forward?
18:35 - Conclusion

YouTube Video URL:    • Should I hire a property manager for my sh...  

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