In fact, according to industry reports from SmartHelping, the average profit margin for a short-term rental property can range from 25% to 50%, with some properties earning even higher margins. Including property taxes, insurance and cost of money.
You make more revenue than long-term rentals and you have a dedicated manager doing the work for you.
Schedule a Time to ChatWe manage every aspect of the property so that you can take a step back and be hands off knowing that you are maximizing profits from the top guests.
You are not just a number, you are a name with RevenueKey. Each property is managed with a hands-on personal touch. We treat your property and get to know it like it was our own.
Each booking is manually approved by a manager so that only the top guests are staying at your property. Better guests means fewer issues, better experience, leading to better reviews and more consistent bookings.
We use the top dynamic pricing tools in addition to manual price testing, local insights and knowledge on an ongoing basis. This ensures that you will get the highest rates for your property leading to higher monthly profits.
Fill out the form below to connect with a member of our team to get your questions answered.
One of our dedicated managers will reach out to see if your property is a good fit for short-term rental management and guide next steps.
Our team will work with you to get professional photos taken to make the property stand out. We will list the property across multiple platforms to gain the highest exposure for the property.
As your partner, we believe in earning your business. We strive to give the best experience to you and your guests. Our approach aims to provide the highest revenues and profits while growing your short-term rental business.
Discover the difference of income for both your owner and you for a single property over the course of two years.
Example of Long-Term Rental of $3,000 per month:
Long-Term Management | Short-Term Management | Difference |
---|---|---|
Rental Amount: $3,000 | Rental Revenue: $6,000 Management fee: $900 |
Rental Revenue: $3,000 increase |
Owner Net (monthly): $3,000 after 1st month | Owner Net (monthly): $5,100 | Owner Net (monthly): $2,100 increase |
Owner Net (2 years): $69,000 | Owner Net (2 years): $122,400 | Owner Net (2 years): $53,400 increase |
Meet with our team, get your questions answered, and receive a free Staging Guide and Inventory Checklist.