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Updated over 3 years ago,

User Stats

78
Posts
20
Votes
Tanner Morrill
  • Property Manager
  • Nashville & Salt Lake City
20
Votes |
78
Posts

Profit Margin Professional STR management

Tanner Morrill
  • Property Manager
  • Nashville & Salt Lake City
Posted

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. 

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