What's the normal management fee % for short term rental?
Just want to see what other firms are charging and their responsibilities included in the fee. Thank you in advance!
Most Popular Reply
Paul Sandhu
#5 Short-Term & Vacation Rental Discussions Contributor
#5 Short-Term & Vacation Rental Discussions Contributor
- Investor
- The worst town to live in, KS
- 4,195
- Votes |
- 4,508
- Posts
Paul Sandhu#5 Short-Term & Vacation Rental Discussions Contributor
#5 Short-Term & Vacation Rental Discussions Contributor
- Investor
- The worst town to live in, KS
I think it's more like 25-30 percent. I have 23 STRs with 83 beds. The only fee I have to pay is the monthly loan payment for my maintenance guys riding mower. $65/month, and he does all my mowing. I used to have a housecleaner that did it for free and I could sleep with her. Now she takes whatever she wants from the rent and leaves me with what's left. But I still get to sleep with her.