View Single Post
Old 08-02-2004, 07:18 PM  
ace0r
Confirmed User
 
Industry Role:
Join Date: Feb 2001
Location: Calabasa, CA & Chicago, IL
Posts: 1,410
i have a 3 homes on the beach @ emerald isle in north carlonia which i rent out to tourists, what i did was link up with a local travel agent to keep the places booked for a certain percentage, and worked out a deal with a local cleaning service to tidy up after each set of people leave. A property management company looks after the homes for a fee of 6% of the monthly mortgages. A lot of property managers want a cut of the gross in areas where weekly/biweekly rentals are popular, and that's just asking for an assraping.

Last edited by ace0r; 08-02-2004 at 07:20 PM..
ace0r is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote