Pt 2 Managing it Ourselves
The downside is that we aren’t as filled up so right now we only have a Christmas booking and nothing else till May. I know we will get more after winter. Honestly, we prefer not having bookings and paying the mortgage ourselves versus having someone stay who will mess up the house. I cannot tell you how scarred we are from the mid-term renters! It also allowed us to stay for the past two weeks which was so nice (we replaced the outdoor furniture and it looks great but I don’t have pictures 🙃). It also allows for family and friends to come visit which is really nice and fun for us.
The positive is having people who have been really respectful of the house. Yes, I joke about all the weird things people leave. That’s nothing compared to what last year was like. The vibe and energy of the house is definitely starting to get back to the way it felt when we first started fixing it up which feels good.
I still don’t recommend doing short term rentals on your own home or a home you want to live in in the future. We are too emotionally attached to the house which is what makes it really hard! When someone does something to the house, it hurts our hearts because we put so much time, energy, and money into making this beautiful eclectic home that it feels almost personal. I have a rental home somewhere else that I have zero attachment to. I could not care less about the tenants doing something crazy to that house since they have a lease and I have a great manager who takes care of all of it. We didn’t find that in Colorado Springs. I know other people have had good experiences and I think location makes a big difference as well. The Springs isn’t really a hot spot to visit. It’s people passing through, coming in the spring and summer to hike, or for the military academy.
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Pt 1 Managing it ourselves.
I talk about why we chose short term rental instead of long term. And how it has been much better having us take control of the house versus a management company.
We trust our cleaner, now we have family close by, and we aren’t stuck with the way a management company wants things done. We have control and it’s been working out really well for us.
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