Rental Pool vs Self Manage ( Cons)

 Here are some disadvantages of choosing either the rental pool option or self manage your property.

Rental Pool Cons:

  • Owner does not control nightly rates/promotions
  • Don't have control over cleaning service standards and quality of linens and furniture/small wares in unit.
  • Charges are typically 45-50% of your unit's revenue
  • Don't control occupancy rate
  • May experience less flexibility for personal use stays

Self Management Cons:

  • You are responsible to set your nightly rates and all guest communications/guest service (can be time consuming)
  • You are responsible for repair and maintenance of your own property
  • You are responsible for sourcing out cleaning company, and various trades for maintenance/repairs
  • You are responsible for extra expenses for repairs and upgrades