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Updated about 7 years ago,

User Stats

55
Posts
19
Votes
Julie Groth
  • Residential Real Estate Investor and Broker
  • New Orleans, LA
19
Votes |
55
Posts

Expenses to expect in STR

Julie Groth
  • Residential Real Estate Investor and Broker
  • New Orleans, LA
Posted

I'm hiring a management company for my STR. Of course, I can figure out what my insurance, cable and taxes will be. But, what can I expect to spend for all of the other expenses? Consumables, utilities, repairs, yard work, etc. Does someone have a report of what and how much they pay that you would be willing to share with me.

Also, which of these expenses would a management co typically have INCLUDED in their % of income fee? The rest of expenses are billed at cost? Marked up?

Thanks!

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