275. The Hidden Risks of Letting Your STR Manager Handle Repairs (Costly Mistake!) episode artwork

EPISODE · Feb 18, 2025 · 22 MIN

275. The Hidden Risks of Letting Your STR Manager Handle Repairs (Costly Mistake!)

from Short Term Rental Riches · host Tim Hubbard

One of the biggest mistakes short-term rental (STR) owners make is assuming their STR manager is handling repairs in the most cost-effective way. The truth? Many property managers either mark up repair costs, delay small fixes until they become major problems, or use their own preferred vendors who charge higher rates. If you're not reviewing your Airbnb repair expenses, you could be losing thousands of dollars every year without realizing it. The key to running a profitable short-term rental isn't just about getting bookings—it's also about managing expenses. STR maintenance costs can add up quickly, but with the right approach, you can avoid unnecessary fees and keep your property in great shape. In this video, I'll share the top risks of letting your STR manager handle repairs unchecked and give you practical strategies to protect your rental income while keeping your guests happy. Let's get into it. In this episode, you'll learn: Overpriced Repairs – Many STR managers mark up maintenance costs or hire expensive contractors instead of getting competitive quotes. Unnecessary Fixes – You might be paying for repairs that aren't urgent or even needed at all. Always ask for before-and-after photos. Delayed Maintenance – Small issues, like a leaky faucet, can turn into costly repairs if ignored. Some managers don't prioritize timely fixes. Lack of Transparency – If you're not reviewing repair invoices, you could be paying hidden fees without realizing it. Limited Vendor Options – Many STR property managers use their own preferred vendors who charge higher-than-average rates, cutting into your profits. Letting your STR manager handle repairs might seem like the easiest option, but it can come at a cost—literally. If you're not actively monitoring repair expenses, you could be overpaying for Airbnb maintenance without even knowing it. The good news? A little oversight goes a long way. Always ask for itemized repair invoices, get multiple quotes for major fixes, and consider having a backup handyman you trust. Need help managing your short-term rental and you don't want to go it alone? Shoot us a message here and we'll see if we can help. Are you enjoying the podcast? Please subscribe, leave a rating and a review, and share it! This helps us reach others that may find the info helpful as well. You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more!

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275. The Hidden Risks of Letting Your STR Manager Handle Repairs (Costly Mistake!)

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This episode is 22 minutes long.

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This episode was published on February 18, 2025.

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One of the biggest mistakes short-term rental (STR) owners make is assuming their STR manager is handling repairs in the most cost-effective way. The truth? Many property managers either mark up repair costs, delay small fixes until they become...

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