Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago, 10/15/2017

User Stats

1,007
Posts
620
Votes
Nancy Bachety
  • Rental Property Investor
  • Sag Harbor, NY
620
Votes |
1,007
Posts

Co-hosting rates - what is a reasonable cost?

Nancy Bachety
  • Rental Property Investor
  • Sag Harbor, NY
Posted

My husband and I have been successfully running an Airbnb in our primary in NY for almost two years now ( what @Ben Leybovich now enjoys and promotes in his book). We confidently purchased another luxury home in FL for a few investment reasons, including STR using mostly Airbnb and self-manage that from out of state. All is well with both styles.

My question is this: I am going to be the local go-to person for a host who has 4 units nearby us in NY but who lives out of state. They are mostly for longer stays ( 5 day minimums - up to a few months). She will continue to operate her calendar and bookings. I will manage her Cleaner’s and be available to arrange maintenance, as needed. 

What do you think is a fair arrangement? I was thinking - $100 flat monthly fee for being “on call” plus hourly for house checks and visits of $30. Can anyone offer feedback or your experience with this?

Loading replies...