Management Fees and Your Real Hourly Rate

What to charge, what it costs you, and when it stops being worth it

A management fee arrives every month and feels like profit, while the real costs, above all your own time, are scattered and never invoiced. This book shows you how to measure what you actually earn per hour from managing short lets. It picks out the few numbers that matter, shows where to find local data for free so you can quote a fee and judge whether a unit is worth taking, and explains the gap between what a property could earn on paper and what it banks in a real year, the gap your fee income lives inside. The cost chapter lays out the costs that quietly erode a management business, and the model is stress-tested against a bad month, voids and a rate rise. A complete worked example follows one property and then a growing portfolio, and the final chapter helps you build a ten-minute calculator for new units, along with the legal questions it cannot answer. Next in this series: “Management Agreements and Liability”.

What’s inside

• The only numbers that actually matter
• Where to find reliable local data for free
• Working out true income, not optimistic income
• The full cost stack nobody mentions
• Stress-testing for the bad month, the void and the rate rise
• A complete worked example, start to finish
• Your deal calculator, and the legal questions it cannot answer

Educational material only, not financial, legal or tax advice. Results are not typical and are not a guarantee of income. Freedom Property Academy LTD, registered in England and Wales.