Many property owners could be lured into the belief there’s HUGE income potential from putting their cabin into a weekend or short-term cabin rentals program. Let’s make a quick comparison between the income potential between Long-Term and Short-Term rental programs:

                             Long-Term     Short-Term

  • Occupancy Rate                100%           70-75%
  • Monthly Income             Consistent     Variable
  • Management Fees            10%             35-45%
  • Maintenance Expenses   Scheduled    Immediate
  • Net Operating Income    ~12-15%     Target 10%

 

The anticipated changes to the TAX PLAN will likely have an impact on home mortgage interest deductions, too.

We can help you evaluate your specific property to determine if Long-Term Rental Income works for you.  Give Us a Call!  706-946-2424

 

Mountain Place Home Management – your Preferred Property Partner – offers long-term residential property management in Ellijay, Blue Ridge and Blairsville and other communities in north Georgia.