Airbnb Management Business Additional Costs

Summary

James Svetec breaks down the costs of starting an Airbnb management business, separating pre-launch expenses from ongoing operational expenses, and clarifies which costs the property manager is responsible for versus the owner. Key takeaways include the need for a website and market data, budgeting for cleaning, software, and virtual assistants, and distinguishing between costs covered by management fees versus those borne by the property owner.