MARCH 07, 2023
#18: Should You Self-Manage Your Properties or Hire a Property Manager? With Tracie Fowler
Ever dreamed of making extra income while traveling the world? I can’t wait for you to meet Tracie Fowler in this episode!
Tracie is a woman on a mission. Her love for traveling and interacting with the locals of the places she visited led her to stay for extended periods in many short-term rentals in different places.
In 2015 while traveling to Thailand, Tracie met someone on a flight who had bought a beach house in Thailand, quit her W2 job, and was financing her living expenses through her short-term rental business. The idea inspired Tracie to own rental properties in the places she visited where she would stay part-time and also allow her to make extra income.
During our interview with Tracie, we talk about her best hosting memories, details about her signature “pillow menu,” and also discussed amenities she includes in her properties. Additionally, Tracie talks about hiring a property manager vs self-managing property and shares how her life has changed because of her STR business.
Highlights and Key Points:
[02:20] Who is Tracie Fowler? What she does and where is she located
[04:34] What inspired Tracie to venture into STR business
[07:58] Tracie’s best hosting memory
[11:14] The ‘pillow’ menu
[13:25] How she came up with the pillow menu idea
[15:23] The amenities she includes in her properties that the guests appreciate
[18:34] Should you self-manage or hire a property manager?
[20:42] Tracie’s podcast with her property manager; The STR Insiders Podcast
[22:59] How her life has changed because of the STR business
[27:51] The STR Central media; A central hub for all things short-term rental related.
Investing, setting up, and managing STRs
Quote
“The difference between winners and losers is winners don’t quit.”
CONNECT WITH OUR GUEST
Follow Tracie Fowler on:
Website: https://www.strcentral.com/
Website: https://www.bnbcurator.com/
Facebook: https://web.facebook.com/groups/strcentral/
LinkedIn: https://www.linkedin.com/in/traciefowler/
Podcast: https://www.thestrinsiders.com/
Hey, you!
If you’re a fan of my show, I want to say THANK YOU. Seriously, from the bottom of my heart – I couldn’t do this without you.
There’s one thing that would make me even more thankful – having your support through ratings and reviews on your preferred podcast player.
This helps me reach more people (just like you) who are eager to achieve their STR goals and dreams.
It’s super easy – just click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode!
Also, if you haven’t done so already, please follow the podcast.
I’ll be adding a bunch of bonus episodes to the feed and, if you’re not following, there’s a good chance you’ll miss out!
Thanks again, sister – and cheers to your STR success!
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