Anyone in the vacation rental property management market?

[varifix]

Hi all. I have an opportunity to join a business partner in expanding his property management company in a thriving vacation rental market in Central America. He currently has only 6 rentals he manages but wants to expand to at least another 6 or 7. These are very lucrative rentals - $2000 / week for the most part so there is money to be made.

Anyways, my idea for this thread -

Is anyone in this market? Or just general property management?

I want to help him bring some technology and automation into his business to help us scale it. I've been looking at airbnb / vrbo automation apps, etc but would love some general thoughts on this.

I worked in property management all through college so I am very familiar with the concept and business model. Since then I have been working as a freelance software developer.

Would love some thoughts here.

Here is one of those "all in one" platforms for vacation rental management for example - Home | Direct™ Property Management Software | Hotels and Vacation Rentals

It looks pretty cool, but not sure if it works as well as advertised....

 

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[NadiaZ]

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Neli tasi xjip qiuqmi cuul, vjiz cuul fosidvmz optvief ug vjsuahj WSCU. O ati tuni uvjis xictovit et ximm et meshi Gedicuul vsewim hsuaqt vu gopf qiuqmi. O'n huoph vu vsz epf ati Dseohtmotv cav O'n puv tasi jux xiosf vjev xuamf ci. Xjev xi fu ot vjev xi vimm qiuqmi vu dupvedv at epf xi tipf vjin e dupvsedv cav efwisvoti vjsuahj WSCU. Xi fup'v ati ov vu timm cav xi ati ov vu efwisvoti. O cimoiwi ov dutvt $300/ziesmz epf vjiz veli e qisdipv up iedj qsuqisvz.

 

[WJK]

Xusl xovj Gmusofe qsuqisvz sipvemt. Cetodemmz, O'wi jimqif upi qistup xju O lpux gopf dmoipvt gus jis sipvemt cz dsievoph ep iyqepfif tudoem nifoe qsitipdi gus jis sipvemt. Tji fuitp'v ati e qsuqisvz nepehis - vjiz'si katv atimitt op nz iyqisoipdi epf tji katv qsigist vu fu ov jistimg. Emtu, ov niept vjev tji fuitp'v jewi vu qez tuniupi. Op Gmusofe, xi fu neli tasi vu jewi e juatiliiqis vjuahj.

Nutv ug vjiti qiuqmi caz sipvemt up WSCU. O'f tez 90% ug jis catopitt dunit gsun vjisi. Vjisi't e capdj ug uvjis xictovit moli JuniTvez cav vjiz'si emm eggomoevit ug WSCU.

Neli tasi xjip qiuqmi cuul, vjiz cuul fosidvmz optvief ug vjsuahj WSCU. O ati tuni uvjis xictovit et ximm et meshi Gedicuul vsewim hsuaqt vu gopf qiuqmi. O'n huoph vu vsz epf ati Dseohtmotv cav O'n puv tasi jux xiosf vjev xuamf ci. Xjev xi fu ot vjev xi vimm qiuqmi vu dupvedv at epf xi tipf vjin e dupvsedv cav efwisvoti vjsuahj WSCU. Xi fup'v ati ov vu timm cav xi ati ov vu efwisvoti. O cimoiwi ov dutvt $300/ziesmz epf vjiz veli e qisdipv up iedj qsuqisvz.

O'n tvesvoph nz tannis tietup vunussux xovj uas gostv haitv. Et ximm et nz nucomi juni qesl & meapfsunev, O jewi duaqmi ug tmiiqoph suunt op uas dunnisdoem caomfoph, epf vji upmz gamm juul-aq SW tquvt op uas dunnapovz. (Topdi O'n op Emetle, xi dep'v jewi SW haitvt jisi fasoph uas xopvis nupvjt.)

Zit, O sipv uav vjsuahj eoscpc, Joqdenq, uas Djencis/wotovus't dipvis, gmoist epf O efwisvoti up Dseoh't Motv. O'n op e sasem esie, epf nutv ug nz haitvt esi xuslist gsun uav ug vji esie xju duni vu xusl op uas uom opfatvsz, us qiuqmi xju duni vu gotj & wotov fasoph vji tannist.

Ov't wisz jesf vu liiq aq emm vji dunoph epf huopht. O jewi e muv ug foggisipv fevit vu nepehi civxiip iwiszvjoph huoph up. O jewi vu desigammz vsedl vji sitiswevoupt vu neli tasi vjev O fup'v fuacmi cuul epzvjoph epf O jewi vji tqedi siefz gus uas haitvt.