.), $2.1K of travel (flights & rental cars), $2.3K in software subscriptions (PMS, etc.) and $300 in mealsManagement Fees ($1.7K) - PM fees, booking platform fees, etc.Cleaning Fees ($6.2K) - pass-through charge for guestRepairs & Maintenance ($10.5K) - General R&M ($1.5K), Painting ($1.2K), Plumbing ($1.5K), Pest Control ($500), R&M Supplies ($500), Labor ($3.5K), Linens, Soaps, Consumables ($1.5K)Legal & Professional ($1.5K) - LLC setup & lawyer fees ($350), inspections ($1.1K)Utilities ($6.4K) - Gas (avg. $63/mo.), Electric (avg. $121/mo.), Internet (avg. $60/mo.), Water & Sewer (avg. $107/mo.).Please let me know if you see anything glaring or things that I can work on bringing down or eliminating completely.It's important to note that up until I hired the full-service PM in April '24, I was self-managing from out of state and paid a local boots on the ground resource when needed.

@Lily WangRental arbitrage involves renting a property at a lower rate and subletting it on short-term platforms like Airbnb or VRBO.

With the city’s growth and increasing tourism, more investors are seeing great returns from properties used for platforms like Airbnb and VRBO.

i had baselane and shut it down. there was issue getting my money out and there is absolutely no customer service. i loved the idea they had and the platform analytics they have but from a banking perspective i would not put any money there. 

They get you in there talk about how easy it is to do everything with their help but it will cost you to join chicagoreia.org I heard they had 3 platforms. 

Ben Hi Ben,Some property management platforms offer rent reporting if you process payments through the service. 

Just last week, I tried going to my calendar on Airbnb for next summer to look at pricing, and the calendars on all platforms were blocked from Jan 1st on. 

I suggest leveraging this platform for networking, ongoing learning, and continuous growth.

.), I would be very grateful if you choose to attend BPCON, and your 26,550 posts have certainly contributed so much value to this platform and not just the tens of thousands of people who you responded to, but the hundreds of thousands or millions more who have read your comments, that I'd be delighted to give you (and a guest) a completely free ticket to BPCON Cancun, including food, beverage, access to all events, and a room at the 5 star moon palace resort.

I would use online platforms (zillow, etc..), rentometer, and calling competitive properties to "price shop".