Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 1 year ago,
Reasonable Property Management Fee for MTR
I'm under contract to purchase my first investment property. It is currently a STR on AirBNB, but I'm planning on switching to a MTR due to proximity to multiple hospitals. I'm debating self-management vs keeping the current property management. The current property management team charges 18% for MTRs. I haven't been able to find much info on competitors rates for MTRs. Does anyone know what the norm is for MTR property management?