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 3 years ago, 01/06/2022

User Stats

87
Posts
81
Votes
Jenessa NeSmith
  • Investor
  • Omaha, NE
81
Votes |
87
Posts

Starting an Airbnb and STR management company

Jenessa NeSmith
  • Investor
  • Omaha, NE
Posted

So I have been an Airbnb host for about a year and a half with my primary residence (in-law suite in the basement as well as private rooms) and just got our second property up on the Airbnb market.  My wife and I do all of the work (cleaning, messaging, turnover, middle of the night phone calls, restocking essentials, etc) and we love it.  Our goal is for Airbnb to replace our 9-5 jobs until we can acquire enough properties to live fully on passive income. 

I would love to start a local company that manages listings and cleans for the Omaha area. I have spoken with several investors at local meetups that have talked about wanting to turn their rentals into STR but either don't know how and/or don't want to put the work in. I was thinking we could do all of the set up for them, as well as then managing everything afterward.

1. Has anyone started something like this? If so, how much did you charge, how did you set everything up, etc?

2. How much would you want to pay for a service like this? I was thinking 20% plus the cleaning fees?

You don't have to be in the Omaha market to answer, either, just curious if this business model has worked for other people before (either you use a business like this or started one)

Thanks!

Loading replies...