STR Yacht Management

[Nick Sheveland]

Hi BP,

I'm curious if anyone here owns or manages a yacht or houseboat and how that differs from a more traditional STR. This yacht is at a marina and does not leave the dock. I manage other STR's nationwide but I have never managed a boat before. I'm speaking with someone now that has one yacht ready for management and a second on the way. I'm curious how to calculate our fee. Being that it's a boat(docked) there are a lot of differences and maintenance items that make it much different than a house and I feel like it might be a little more hands on because of that.

Any first hand knowledge would be greatly apprieated.