All Forum Posts by: Bethany James

Thank you both so much for your feedback! 

I have been onboarding properties and automating them through Hostfully for a friend who is a real estate investor. We had agreed on a specific price for this initial process. She recently approached me about taking over the management (messaging and assigning cleaning/maintenance tasks) for the 3 active properties for a fee that I though was fair. I have done some research and it looks as though there are a few options for this, a flat monthly fee or a percentage based fee. I want to be fair and am looking for the opinion of STR owners. So I have 3 questions:

1. What do you feel is a fair amount for either a flat monthly fee or % based (it seems like such a wide range from what I have seen)

2. If you do a percentage based fee is that based on gross or net income for each property?

3. What do you feel is a fair fee for onboarding additional properties in the future and automating them as well as setting up a guidebook for the property? 

Thank you for your time!

Thank you so much! 

I am looking for a 1031 Exchange Intermediary to discuss some specifics on a property that my husband and I are hopeful to utilize a 1031 Exchange for. We are located in Western NY, any recommendations would be greatly appreciated. 

I am hoping to gain some insight on pros and cons of Guesty vs. Hospitable. I have watched video after video but would love some insight from individuals who are currently implementing these programs. Any feedback on what you like or don't like about either of these programs would be greatly appreciated!