[aquila]

Hi

In the part of the USA I have my properties the managemnt companies charge 40% BUT - they do everything and - its an over-night rental area as its very popular with Americans but little known by Europeans. There are around 80 rental companies in the area so that gives you an idea of the business to be had.

Some of the rental return can/used to be fantastic for brand new large properties so even at 40% charge money was there to be made but - even there its getting tight so you have to watch it.

That 40% figure shocked me to start with and is the highest I have heard of but that's what they charge and people are happy to pay.