Partnership Proposal

Prepared for Matthew Shipley

November 19, 2025

Roles & Responsibilities

Clear division of duties ensures smooth operations

Client Investments

Furnishings:
Upscale, newer furniture and high-end mattresses.
Linens:
3 sets of towels; 2 sets of Charter Club 550+ count sheets.
Property Care:
Costs for deep cleaning ($55/hr), utilities, Wi-Fi, and yard maintenance.
Hardware:
Cost of Schlage keyless entry locks.

FCPM Services

Project Mgmt:
Shopping, delivery coordination, and professional staging.
Installation:
Setup of keyless locks and housekeeping closets.
Setup Assets:
Bedspreads provided by FCPM (part of setup fee).
Marketing:
Website creation, SEO, social media, and bi-monthly newsletters.

Investment & Fee Structure

Transparent pricing with shared success metrics

Setup & Onboarding

Onboarding Fee (TBD): Covers 40–60 hours of staging, procurement, and photo prep.

Web/Photo ($575): Included. High-res interior & aerial drone photography.

Listing Costs: Annual VRBO ($699) & credit card fees (~3–5.5%) shared 70/30.

Ongoing Management

70% / 30%

Revenue Split (Client / FCPM)

Platform Integration: Direct VRBO integration (no listing fee). Airbnb avoided due to high fees/instability.

Direct Booking Focus: We drive guests to FernwoodCircle.com to save 14–20% in service fees.

Processing Fees

10% processing fee on guest invoices is split between Client and FCPM per $100 collected.

$70

Client

/

$30

FCPM

Target Tenant Profiles

Focusing on reliable, professional occupants

"We specialize in connecting properties with professionals, ensuring reliable occupancy and respectful care of your home."

Extended Stay Profile (30+ Days)

Academic: OSU/LBCC Faculty & sabbatical replacements.
Medical: Traveling nurses, auditioning doctors, lab techs.
Relocation: Families in transition or insurance placements.

Short Stay Profile

OSU Parents & Alumni
Visiting Researchers
Business Travelers

Ideal Tenant: Visiting Medical Professional

Proven Performance

2024 Data Analysis

Real revenue data from comparable 3-Bedroom, 2.5 Bath properties in our portfolio (2024).

Property Type	Period (2024)	Occupancy	Client Revenue
3-Bed, 2.5 Bath (Standard)	June – Dec	68% (162/237 nights)	$19,782
3-Bed, 2.5 Bath (Sabbatical)	Sept ’23 – July ’24	87% (249/285 nights)	$20,456
3-Bed, 2.5 Bath (Top Perf.)	Jan – Dec	100% (254/254 nights)	$32,480
3-Bed, 2.5 Bath (Mixed Use)	Jan – Dec	69% (232/334 nights)	$28,527

Consistency varies by availability window, but top performers demonstrate significant annual yield potential.

Revenue Potential

Extended Stay Projections

Projected 6-month returns based on varying nightly rates (70% Client Split).

Nightly Rate	Gross (6-Mo Stay)	Est. Client Monthly Payout
$129.00	$14,154.00	$2,359.00
$139.00	$15,414.00	$2,569.00
$149.00	$16,674.00	$2,779.00
$159.00	$17,934.00	$2,989.00
$169.00	$19,194.00	$3,199.00

Profit Note

Payouts calculated after housekeeping, linens, and supplies are deducted, before the 70/30 split.

The Fernwood Advantage

Why owners choose us

Security

Cameras at front, side, and back entrances. Personal check-ins (no self-check-in) to verify guest identity.

Transparency

24/7 access to our booking portal (Lodgix). View all activity, block dates for personal use, and access monthly reports.

Maintenance

Weekly landscaping checks and bi-weekly housekeeping built into extended stay rates keep your asset constantly monitored.

Smart Security & Maintenance Integration

Next Steps

Path to partnership

1

Tax & Legal

Sign W9 for 1099 issuance and the OR Lodging Tax Program authorization.

2

Financials

Provide voided check to set up direct deposits for your monthly sales payouts.

3

Agreement

Sign the 2-page contract and business model agreement with Alexandra.

Ready to maximize your property's potential?

Alexandra M. Eder

Fernwood Circle Property Management LLC

www.fernwoodcirclepropertymanagement.com