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Updated 8 months ago, 04/25/2024
Property Management Fees for Mid-Term Rentals
I'm curious about people's experience with property management fees for mid-term rentals? Typical property management fees for long-term rentals are anywhere between 6-12% of rental income while fees for short-term rentals can range between 20-40% of income. Is it as simple as just finding a middle point between LTR and STR fees for an MTR? Like 10-20%? Or have people found success with other fee structures with their property management for their mid-term rentals? I'm an out-of-state investor so using property management in some fashion is a must.