3. Who I am?
v Jamaica Marlene G. Gagliardi or Jammy
v Married with a 20-month old baby boy
v Passionate about surfing, travel, food, arts, meeIng people, hospitality, health…
v Freelance model, William Hill finance auditor, Nestle ambassador…
v OpImisIc, easy-going and paIent are my key traits
v People I meet describe me as polite and friendly
v Superhost on Airbnb ;)
v Freelance Property Manager since November 2015
4. The Business Model
v My model is simple, I only get paid if I get you bookings. There are no upfront costs just a 20% commission
on any bookings I create.
v One to one transacIon, you only deal with me ;)
v Capitalize on high daily returns
v The property manager is in charge of :
- PromoIng the unit;
- Handling reservaIons;
- Welcoming the Guest;
- Arranging viewing and collecIng payments; -
Property inspecIon, preservaIon, maintenance, repair and rehab;
- Paying monthly dues
v The owner will agree to provide the unit in good condiIon for a minimum of 3-month contract
v The property manager will take 20% of the monthly gross sales (flexible commission)
v Payments will be received by the property manager and remied to the owner on per booking, weekly or
monthly basis (owner’s opIon)
6. Case study 1
Apartment A
2BR, 2TB, 1Parking slot in MakaI fixed monthly rental at Php 60,000 – Php 5,000
electricity, Php 200 water and Php 1,500 other expenses (average values) = Php
66,700
Conserva1ve computa1on
Airbnb lisIng price daily rate Php 4,500 a night
4,500 x 15 nights = Php 67,500
è You need 15 days (50%) occupancy to breakeven.
7. Case study 2
Apartment B
1 BR and 1TB w/ balcony at Jazz Residences MakaI City – you rent it out at
Php 30,000 monthly on min 1 year contract (excluding uIliIes).
Conserva1ve computa1on
Airbnb lisIng price daily rate Php 2,500 a night
2,500 x 12 nights = Php 30,000
è You need 15 days (50%) occupancy to breakeven.
8. Advantages of short term rentals
– Property manager can get into the property more ohen and stay on top of
maintenance
– Allows you to visit your property more ohen and enjoy it yourself
– If you desire to sell your apartment in the future and you have current and
future bookings – it makes it more aracIve to other investors
– More income on annual basis (rent arbitrage)
