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Property
Management
Jamaica	Marlene	G.	Gagliardi	
Oct	2016
Index
v Who	I	am?	
v The	business	model	
v My	units	
v Case	study	
v Advantages	of	short	term	rental
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
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)
My Units
	
A.		2-bedroom,	2-bathroom,	1	parking	slot	at	The	Knightsbridge	Residences	
Century	City	MakaI	City	
–  hps://www.airbnb.com/rooms/12200133?sug=50	
	
B.		1	bedroom,	1	bathroom	with	balcony	at	The	Jazz	Residences	MakaI	City	
–  hps://www.airbnb.com/rooms/13183291?sug=50
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.
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.
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)

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Property Management

  • 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)