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Note, if an address wasn't found, it's likely because we only support active listings on the market in our service area or that we haven't yet analyzed data for that home.

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Property Management

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Property Management

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Table of contents

Cap rate calculator
The cap rate calculator is used to understand and compare the potential return on investment from an investment property.
Enter the current market value or purchase price of the property. This is the basis for determining the capitalization rate.
Input the total yearly income generated by the property, including rent, fees, and any other sources of revenue, before expenses.
Input the percentage of annual gross income that represents the property's total operating expenses. This is an alternative way to represent operating expenses if the exact dollar amount is unknown.
Enter the annual dollar amount of all costs associated with managing and maintaining the property, such as utilities, taxes, insurance, and repairs.
Input the estimated percentage of time the property is unoccupied or not generating income. This accounts for potential income loss due to vacancies.
This field displays the calculated yearly income after subtracting operating expenses and adjusting for vacancy rate. This figure is used to determine the capitalization rate and evaluate the property's potential return on investment.
Calculate cap rate
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ResourcesseparatorProperty Management for Short Term Rentals

Short-Term Rental Property Management Services: What to Look For in 2026

Key takeaways

Short-Term Rental Property Management Services: What to Look For in 2026

Choosing a short-term rental property management service is one of the most important decisions you'll make as an STR owner. The right manager can increase revenue by 20–40% over self-management while saving hundreds of hours per year. The wrong one can cost you bookings, damage guest relationships, and leave your property underperforming. For a list of vetted options, see the top Airbnb management companies reviewed by Awning.

Core Services Every STR Manager Must Offer

Multi-Channel Distribution

The number and quality of booking channels directly determines your revenue ceiling. Airbnb alone is no longer sufficient — VRBO, Booking.com, Expedia, Google Vacation Rentals, and a direct booking site each serve different traveler segments. Ask exactly how many channels, which ones, and how calendar sync works across all of them.

See how Awning's Airbnb marketing and distribution service covers channel management.

Revenue Management and Dynamic Pricing

Static pricing is leaving revenue on the table every day. Every professional STR management service should include algorithmic pricing that adjusts based on local demand, seasonality, and competitor inventory. Validate revenue claims using Awning's Airbnb market data and the Airbnb income estimator.

Guest Experience Services

Professional check-in and check-out management sets the tone for every stay. A curated guest guidebook reduces guest support requests and improves ratings. Systematic review generation after checkout is part of what separates top-rated properties from average ones.

Cleaning and Property Maintenance

Awning's Airbnb cleaning service handles every turnover with quality control inspections. Supplies restocking ensures properties are consistently guest-ready. Home automation enables keyless access and smart property management between stays.

Owner Transparency

Real-time owner portal, monthly statements, maintenance records — the baseline for any professional manager. You should never have to ask what your property earned.

Red Flags to Watch For

•       Airbnb-only management — single-platform listings miss 20–40% of potential bookings

•       Static pricing or manual rate setting

•       Long-term contracts with heavy cancellation penalties

•       No real-time owner portal

•       Undisclosed cleaning fee markups

•       Vague answers about what the management fee actually includes

The best STR managers will show you average occupancy rates and ADR for comparable properties in your market. If they can't or won't share real market data, that's a red flag.

Market Research Tools: Know Before You Sign

Before signing with any manager, do your own market research. AirDNA is a popular data tool — Awning's review covers its strengths and limitations. Rabbu (formerly Data Rabbu) is another option worth evaluating. Both give you independent data to cross-check revenue projections any manager makes.

Awning's own Airbnb market data platform provides free market analysis, and the Airbnb estimator gives a property-specific revenue projection.

Geographic Considerations

Management quality varies significantly by market. If you own in Florida, see Awning's review of Airbnb management companies in Florida for market-specific guidance. For the national competitive landscape, the top Airbnb management companies review covers the major players head-to-head.

Financial Considerations Beyond Management Fees

Management fees are just one component of your STR's financial picture. Airbnb cap rates determine whether the investment makes sense at all. Airbnb loan options affect your financing cost. Insurance for Airbnb hosts protects your investment. Make sure all three are optimized before focusing solely on management fees.

📎  Complete Awning Service Directory

Airbnb Cleaning Service

Guest Check-In / Check-Out

Supplies Restocking

Home Automation

Airbnb Marketing & Distribution

Guest Guidebook Service

Vacation Rental Property Management

RedAwning  Portfolio Management

 

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