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Airbnb Renting: The Benefits of Mid-Term Rental Housing

Due to the popular growth of Airbnb renting, most people are aware of the term Short-Term Rentals, which is classified as a Guest staying in housing for less than 30 days. You’re probably also familiar with Long-Term Rentals, in which a Tenant signs a lease agreement for 1 year or more in a property that […]

Duties and Expectations for a Property Manager

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First, ask yourself these questions to see if you may be a candidate for a property manager: Do I have time to manage my properties?  Can I evict my tenants if needed?  Can I follow the rules I have set for my tenants according to the lease I have them sign? Can I make repairs […]

Guidelines on Having a Successful Short-Term Rental

short term rental

Photos There are two approaches to take, 1) Do It Yourself or 2) Hire a Professional Photographer. While it’s quick and easy to snap photos using your camera phone, it won’t provide the same level of quality if you hire a professional photographer with high-end camera equipment. There’s a reason why Realtors hire photographers to […]

The Complete Guide to Short-Term Rental Furnishings

Short-term rental businesses are some of the easiest to manage. The size of your property can also help determine the design aesthetic. If you’re offering a studio apartment, it’s unlikely you’ll attract a family, but instead a couple or an individual. In this case, the decor can reflect a romantic getaway for two or a […]

Three Strategies to Get into the Short-Term Rental Game

Strategy #1: Renting Out Your Property If you purchase a property or already own a property, you have two rental options. 1) Shared Housing: You live in one bedroom and rent out the remaining bedrooms. You must define what areas Guests have access to, such as Kitchen, Laundry, Backyard, etc. 2) Entire Place: You do […]

Short Term Rentals: Why Go Through the Extra Work?

One of the main benefits of listing your property as a short-term rental is that you can charge a daily rate that frequently provides a higher revenue per month than a traditional tenant. Below are some of the benefits of listing your property as a short-term rental. Higher Earning Potential: You can earn double or […]

Estimating Income on Short Term Rentals

Estimating income for short term rentals can be difficult and intimidating. However, we need to know what the ANNUAL income would realistically look like to see if we have a good investment. Due to seasonality, and different events specific to that local area, the income can be drastically different throughout the year. Any time we […]