Zeus property management?

[Anne Whalen]

Hi everyone, i have a rental property in San Jose ca that i self manage. Recently saw an ad for Zeus property management who signs a 2 year master agreement with owner and then subleases your property as corporate rentals (they tell me the average sublease is 4-5 months). Their fee is 1 month rent per year plus 10 days after their inspection of your property. Is anyone using them or have vetted them? If so, curious what you think.

[Louis Chang]

Yes they do guarantee you a monthly payment for 24 months (less their fee).  So if you believe you can rent your unit at 100% occupancy, then the management fee works out to about 8.5%, but if you think you will have vacancies, then the calculations become a bit more promising (because they still pay you the agreed upon monthly even though the unit might be vacant).  I am actually thinking about renting our condo and have looked into Zeus so have a better sense of how they make money but am wondering if it's worth the wear and tear as

@Anne Whalen mentioned.

Has anybody else actually used Zeus as a property owner?