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Updated over 2 years ago,
What kind of property manager do you use for medium term rentals
Hi,
I've been thinking of doing a medium term rental with a small multi-family property in San Jose, CA. I've started researching property managers and there are tons for long term rentals. They charge a monthly percentage as well as a fee for placing the tenant. Since tenants change every 90 days, it seems like that cost will start to get out of hand very quickly. Short term property managers don't charge for tenant screening other than I think a cursory review of the person behind the scenes in the apps, but they charge 25-30%. That also seems excessive considering the people aren't turning over constantly. So, what do people use for medium term rentals?