Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

55
Posts
19
Votes
Julie Groth
  • Residential Real Estate Investor and Broker
  • New Orleans, LA
19
Votes |
55
Posts

Expenses to expect in STR

Julie Groth
  • Residential Real Estate Investor and Broker
  • New Orleans, LA
Posted

I'm hiring a management company for my STR. Of course, I can figure out what my insurance, cable and taxes will be. But, what can I expect to spend for all of the other expenses? Consumables, utilities, repairs, yard work, etc. Does someone have a report of what and how much they pay that you would be willing to share with me.

Also, which of these expenses would a management co typically have INCLUDED in their % of income fee? The rest of expenses are billed at cost? Marked up?

Thanks!

Most Popular Reply

User Stats

4,236
Posts
5,689
Votes
Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
5,689
Votes |
4,236
Posts
Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
Replied

Why hire a PM you can do it yourself in a couple minutes per day. Don't waste your money. I have a day job and I manage 6 of them and I'm an idiot. 

Loading replies...