Comment on Launch HN: Latchel (YC W19) – Rental Property Maintenance as a ServiceparentComments−everdev7yI pay 25% to my property manager. The industry is crying out for optimization and a dominant player.Scaling great customer service is difficult though.−dd367yThat must be a short-term rental, which requires a whole lot more work from the property manager.−gatsby7yMust be, right? Typically long-term single family PM fees are 8-12% and multifamily is 6-9%.−x0x07yOften higher in California, which requires live-in management for multifamily over 16 IIRC.
Comments
I pay 25% to my property manager. The industry is crying out for optimization and a dominant player.
Scaling great customer service is difficult though.
That must be a short-term rental, which requires a whole lot more work from the property manager.
Must be, right? Typically long-term single family PM fees are 8-12% and multifamily is 6-9%.
Often higher in California, which requires live-in management for multifamily over 16 IIRC.