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Updated over 3 years ago,
Profit Margin Professional STR management
Hey BP community! If you're a professional manager of short term rentals, can you please tell me what your profit margin in and how many units you manage, and are you paying wages to yourself or others? I'm starting a business but don't know what the profit margins should be exactly. Thanks! I'll be charging 20% on reservations & OTA service fees, but not on cleaning fees.