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All Forum Posts by: Monika Haebich

Monika Haebich has started 22 posts and replied 263 times.

Post: Vacation Rentals

Monika HaebichPosted
  • Real Estate Professional
  • Atlanta, GA
  • Posts 279
  • Votes 109

Hi Matt,

Hope this helps: http://www.inman.com/2016/08/30/best-cities-for-short-term-rental-investment-properties-in-2016/ 

If you want to see the full report, let me know, and I'll send you think link. 

Post: Airbnb cleaning tips

Monika HaebichPosted
  • Real Estate Professional
  • Atlanta, GA
  • Posts 279
  • Votes 109

Post: Property Managment Fees for Vacation Rentals

Monika HaebichPosted
  • Real Estate Professional
  • Atlanta, GA
  • Posts 279
  • Votes 109

Hi all,

It can be extremely difficult to compare property management costs, considering how widely management companies vary in their offerings and what is included in their commission rates.

The average vacation rental management fee is 23%, and vacation rental management fees vary widely (as you may be able to see here): 

Unfortunately, however, these rates are not all-inclusive, and the effective percentage that you are charged may be much higher than the commission you are quoted. See this example: 

Likewise, be wary of the costs of full-service management in comparison to companies that help only with marketing or booking (who will likely charge ~10%). 

My company, Rented.com, has been collecting data over the past four years on full-service management fees charged by U.S. vacation rental management companies (meaning they pay for cleaning, light maintenance, etc. and there are no additional fees), and we've seen the average effective vacation rental property management commission rate to be about 28%

Of course, the effective management rate will also vary by geography and the type of home. For example, beach and ski houses will likely be charged a higher commission rate should the management company be responsible for upkeep and maintenance. 

Rather than reach out to multiple vacation rental management companies to try to compare costs, rates, responsibilities, & fees, you can also have multiple companies make competitive offers on your home using the same contract. It's an easier way to get transparent pricing and see what companies would be a good fit. 

If anyone would like help generating offers or evaluating property management fees for a vacation home or short-term rental, I'd be happy to help.

Best of luck!  

Post: Metro Atlanta Investors Lunch Meeting - Systems

Monika HaebichPosted
  • Real Estate Professional
  • Atlanta, GA
  • Posts 279
  • Votes 109

Hi everyone! Looking forward to attending & meeting many of you. 

I also wanted to share another Atlanta real estate event happening the next day: https://www.biggerpockets.com/forums/521/topics/350457-real-estate-investing-in-vacation-homes-and-airbnb

Would love to see some of you there as well! :) 

Post: Real Estate Investing in Vacation Homes & Airbnb

Monika HaebichPosted
  • Real Estate Professional
  • Atlanta, GA
  • Posts 279
  • Votes 109

@Charlie Claxton, @Account Closed, I'd love to see you all there. Please also feel free to invite additional Atlanta investors. We'll also be going over how to get Airbnb & short-term rental income projections to help sell homes. 

Post: Real Estate Investing in Vacation Homes & Airbnb

Monika HaebichPosted
  • Real Estate Professional
  • Atlanta, GA
  • Posts 279
  • Votes 109

Hi everyone,

Interested in learning more about how to build wealth through Airbnb, VRBO, and the sharing economy?

Join Rented.com on Wednesday, September 14, for our very first Atlanta meet-up.

Over coffee and snacks, we'll discuss everything from where to purchase profitable short-term rentals to how to eliminate the risk traditionally associated with short-term rentals.

We'll also cover how you can buy and sell future rental rights on investment properties in one transaction and generate risk-free, guaranteed income from your short-term rentals.

Bring your questions about short-term rentals, vacation homes, Airbnb regulations, furnishings, property management, and more.

Please RSVP herehttps://www.eventbrite.com/e/real-estate-investing-in-vacation-homes-building-wealth-through-airbnb-tickets-27461487047?aff=ehomecard

Post: Success on 4th Vacation Rental!

Monika HaebichPosted
  • Real Estate Professional
  • Atlanta, GA
  • Posts 279
  • Votes 109

Fantastic! Congratulations, Maura! 

Post: New Member from Navarre FL

Monika HaebichPosted
  • Real Estate Professional
  • Atlanta, GA
  • Posts 279
  • Votes 109

Welcome, Chris! If you have any questions about PCB vacation rentals, I'd love to talk. We just released our annual short-term rental report, and PCB is the most profitable area in the U.S. to invest in a vacation home. Looks like you're off to a great start! 

Post: Best Places to Buy Short-Term Rental Property

Monika HaebichPosted
  • Real Estate Professional
  • Atlanta, GA
  • Posts 279
  • Votes 109

Post: Best Places to Buy Short-Term Rental Property

Monika HaebichPosted
  • Real Estate Professional
  • Atlanta, GA
  • Posts 279
  • Votes 109

Hi Jim,

Various types of homes (i.e., condos, SFH, apartments, etc.) are included!

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