Consider Engaging A Professional Property Manager For Your Short Term Rental

I know it's a very idealist thought to own and manage your own short term rental, preferably close by so you and your loved ones can share the load. Almost utopic really. From our experience this is not necessarily so.Managing holiday rentals is a lot of hard work. It takes a team of committed people to run a small business and that is exactly what a short term holiday rental venture is. Sure it could be a great lifestyle business but only if you and your team have time spare to throw into managing your holiday rental accommodation in Australia.Don't get me wrong, it can be done, and we did it with our properties. We just didn't really have much of a life when we were and stress levels were particularly high when we attempted to manage our holiday rental properties from afar. We were living in Queensland and owner managing our short term accommodation properties in Perth, Western Australia.I think give it a go while remaining realistic about how much time you need to put into this micro business. You'll need to think about cleaning and linen, maintenance, advertising, administration just to start.You can list your holiday rentals and accept bookings remotely through sites such as Stayz or HomeAway, Short Term Accommodation.com.au. Just be mindful that not everything runs smooth. You will have guests that ring you at all hours with dramas such as power outages, broken dishwasher, need more linen, spa broken, pool overflowing, tree branch fallen and so on. I am not kidding you will be surprised how needy some guests are. We really do love every guest though:)As our lives become busier growing our family and moving around with work we decided to employ professional holiday rental property managers. Sure, we paid good money for their service (can be up to 30% commission for short term accommodation property managers), but we feel its been worth it. You may need to shop around though and if you have a portfolio of properties don't assume that one property manager is the best fit for all your short term accommodation ventures. Some will know specific markets better than others - this definitely applies if you have one corporate short stay versus one holiday home investment property in Australia.Contact us to connect you with a professional holiday rental manager in Australia.If you have enjoyed this article maybe you'd like to subscribe (free) to the Welcome In e-news. I try to publish these every few months to a community of holiday rental managers in Australia. I encourage you to make contact with me if you have any queries about any aspect of your holiday rental management journey. If I cannot assist you I can certainly point you in the right direction. I am well connected with niche industry holiday rental stakeholders in Australia.