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Updated almost 2 years ago on . Most recent reply
STR property management
What should I expect to pay for a property manager and what type of services do they offer? Does anyone have insight on working with a property manager for STRs in Columbus or other metro areas. I've seen a bunch of info for vacation/destination rentals but nothing for metro areas. I'm assuming there will be a difference in what's covered and what it cost.
Most Popular Reply
John Underwood
#4 All Forums Contributor
Pro Member
#4 All Forums Contributor
- Investor
- Greer, SC
20% on the low end, could be 35%.
They take care of running your STR business for you and it cost you a pretty penny off the top.
In many cases the PM is making more money than the owner, but that's your choice.