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Updated almost 2 years ago on . Most recent reply

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Michelle Reshel
  • New to Real Estate
  • Chicago/Milwaukee
2
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AirBnB Fees / MKE Fees?

Michelle Reshel
  • New to Real Estate
  • Chicago/Milwaukee
Posted

Hello! New STR investor here that is looking to purchase a duplex in the City of Milwaukee (Shorewood, East Side, Bay View, River West). Can anyone whom currently hosts an AirBnB share the following?

Percentage, fees that AirBnB collects?

Taxes / fees that Milwaukee collects?

Lastly, is it common that the guest pays the cleaning fee and the host collects such to cover their costs?

For purposes of math, trying to determine if I rented a unit for $100/night for 1 night, what my take home $$ would be. 

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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
6,606
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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
Replied

Hey @Michelle Reshel. Let me search that up for you:

AirBNB Fees - https://www.airbnb.com/resourc...

AirBNB Taxes Remitted - https://www.airbnb.com/help/ar...

VRBO Host Fees (per booking charge) - https://help.vrbo.com/articles...

VRBO Taxes Remitted - https://help.vrbo.com/articles...

I included VRBO as you should be listing there as well.

Yes it is common to charge the guests the cleaning fee. Some charge a bit more than their cleaner charges the host to cover incidentals like cleaning supplies etc. Some, like us, charge less than the cleaner charges. We are 36 miles down lake from town so she has to charge us more to include travel. So we charge a little less to be competitive.

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