#doorgrowshow - Property Management Growth

What do most skiers and snowboarders dream about? Owning mountain property. But most of them don’t have the necessary wealth or money to purchase a second home, especially in expensive real estate markets. Today, I am talking to Rob Stephens of Avalara MyLodgeTax. As a Denver resident and lifelong skier, Rob was fortunate enough to buy a three-bedroom condo in Vail about 20 years ago. But even then, it took Rob, his wife, and wife's brother-in-law to make the dream a reality.  You’ll Learn... [02:57] Short-term Rental Market Options:  Hire local property manager/real estate agent. Post property online via VRBO, Airbnb, Expedia, etc. Rent-by-Owner: Book guests, collect money, and provide on-site services. [03:48] Complex Tasks: Apply technology and manage challenges for property owners, managers, and operators. Know what taxes to charge, collect, file, and pay to agencies. [05:50] Lack of Awareness: Property owners trying to manage their short-term rentals have never dealt with these types of transactional t