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 "Airbnb/hotel" style management for apartments, Are these companies legitimate?

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nicole_19
post Oct 15 2017, 01:03 AM

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Basically it's all about the risk and rewards. The reliability comes when u have dealt with them.

Even if u were to rent out the unit by yourself, u are still at risk of bad tenants. So in comparison to a comparison, isn't suppose to be more reliable in that sense?

It drills down to how your agreement with them are drafted.
nicole_19
post Oct 15 2017, 09:59 AM

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QUOTE(Junereth @ Oct 15 2017, 09:35 AM)
you're preaching to the choir here...
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Haha cos I'm also dealing with them
nicole_19
post Oct 15 2017, 10:39 AM

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QUOTE(Junereth @ Oct 15 2017, 10:29 AM)
The same group? They sounded pretty convincing, but my dad has heard similar stories from other property managers offering the same kind of services, and the people who signed on to it ended up getting very poor returns. I just don't want to be blindsided
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Erm which area? I'm not too sure on other property managers but probably the earnings differ due to different rate charges?

 

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