Start Your Own Short-Term/Vacation Rental Management Company

Start Your Own Short-Term/Vacation Rental Management Company
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Initial Fee: $50

Capital Req'd: N/A

Start Your Own Short-Term/Vacation Rental Management Company

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Startup Description

Airbnb and Vacation Rental Business Opportunity

Are you ready to own your own business?

The groundwork is already laid for this highly scalable short-term rental management business. With Airbnb, VRBO, and other short-term rental listings becoming more widely available since the pandemic began, now is the time to get in, as more and more people are in need of Property Managers for their homes.

Makomi was founded out of love for travel and hospitality. We believe everyone should be free from their cubicles to live the life they desire. We used to manage over 300 short-term rental properties, and now we want you to have the opportunity to manage properties.

We partner with aspiring entrepreneurs to launch and grow their own Short-Term Rental management businesses. We invest in our partners through education, software, and operations support all the way from business registration to profitability.

As a Founder-in-Residence we will help you build your business. We will walk you through business registration and brand development, finding hosts, finding cleaners, and many more aspects of starting your own vacation rental business. As we’re waiving all our fees for you, we are looking for people who are determined to build a successful business for themselves.

Why Start a Short-term Rental Management Business?
- Low Entry Level of Investment
- No Prior Experience Needed
- Fast-Growing Industry
- Scalable Business Model & Proven Practices to Grow
- No Brick and Mortar, No Need to Own the Properties
- Flexibility to Set Your Own Schedule and Run Your Own Business
- Training and Ongoing Support
- Can reach profitability with just 1 person

Attached Documents


Detailed Information

Existing Units:
20
Facilities:
This is a work from home/anywhere opportunity that is infinitely scalable without physical assets.
Competition:
The short-term and vacation rental Industries have been growing 30% YoY for the last decade. Due to the pandemic and decrease in air travel drive-to destinations in the US are expecting 38% growth in 2021. The short-term rental market is underserved by property managers and is rapidly growing, exacerbating the discrepancy between assets needing management and available property managers. 70% of short-term and vacation rental managers in the US manage between 1-19 properties. Service areas are small allowing for multiple operators in each market.
Explanation of Fees and Payments:
Makomi charges a small upfront fee for access to training and support services. Upon executing an operating agreement Makomi takes 10% commission on gross rental revenue in perpetuity for use of software, growth, and administrative services.
Support & Training:
Makomi provides training, business registration assistance, logo design, website creation, operating manuals, operating software, marketing plans, and growth support in the form of lead generation.
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Startup Listed By:
Ryan Toner

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