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James Ohliger
  • New to Real Estate
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Property Management Fees for Mid-Term Rentals

James Ohliger
  • New to Real Estate
Posted

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.

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Conner Olsen
  • Real Estate Agent
  • Austin, TX
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Conner Olsen
  • Real Estate Agent
  • Austin, TX
Replied
Quote from @James Ohliger:

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.


I have a property management company for MTR and STR. STR management is 20% and MTR is 15% for us.

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