Property Management Pricing
Long-term rental property management: Typically 10-12% of gross rental income.
Typical owner responsibility - Keep the property in good standing with financial, utility, HOA, City/State institutions.
Typical Property Management responsibility - List/market property, manage revenue, tenant screening & communication, ensure maintenance & upkeep, address all on-site needs for the property & tenants. Also, send an itemized report at the end of each month and distribute profits to you.
Short-Mid term rental property management: There is not an exact industry average for fees due to various factors of each unique property. However, there are common rates based on service level that can allow for a close estimate or range.
Here are some general examples:
Full-Service Property Management is between 25-30% of the rental income collected (after cleaning, tax, platform fees)
Typical owner responsibility - Keep the property in good standing with financial, utility, HOA, City/State institutions.
Typical Property Management responsibility - List/market property, manage revenue, guest screening & communication, ensure cleaning & maintenance, purchase/stock/refill all consumables, and address all on-site needs for the property & guests. Also, send an itemized report at the end of each month and distribute profits to you.
Co-hosting Property Management can be calculated as a percentage of gross rental income OR a flat rate. It will generally fall in the range of $300-$500 per door depending on individual property needs and whether owner or property management covers consumables.
Typical owner responsibility - Keep the property in good standing with financial, utility, HOA, City/State institutions. List/market property, manage revenue, guest screening & communication.
Typical Property Management responsibility - Ensure cleaning & recommend maintenance, purchase/stock/refill all consumables, and address all on-site needs for the property & guests.
With our customizable packages, you decide how little or how much responsibility you want to take on and we will handle the rest. We also do not believe in locking you into a long or complex contract. Adjustments can be made if your needs change, so you always have peace of mind. These are generic examples but please feel free to contact us for a free consultation and more in-depth review of your specific needs.
With Short, Mid, & Long-term rentals, there are rate discounts when multiple properties are involved.
Call or Text: (208) 695-7502
Email: AriseIdaho@gmail.com