About this episode
This type of rental property is seeing “explosive” demand. But, they’re cheaper than many regular rental properties, get 30% more rent, and take less work than vacation rentals. More and more Americans are using them, and where they’re needed most, there’s not much supply.
You might have thought it wouldn’t last, but medium-term rentals are becoming the rental property investor’s cash cow—and we have new data to prove it. Jeff Hurst, CEO of Furnished Finder, teamed up with the short-term rental data experts at AirDNA to release a new report on monthly rentals.
This could change everything you’ve thought about the space. Investors are making more money with smaller properties, and demand is growing—fast. Tenants are extending their stays, while paying a 30%-50% premium over traditional rentals, but the cost to furnish is a fraction of what it would be for a short-term rental.
But Jeff says there’s a “sweet spot” medium-term rental—and it’s one of the least expensive properties you can buy. Even better, your long-term rental could be the perfect pick.
It might be time to look at medium-term rentals again.
In This Episode We Cover
The new report from Furnished Finder and AirDNA showing the massive demand for medium-term rentals
How to make 30%-50% more revenue by turning your long-term rental into a monthly stay
Is the medium-term rental market oversupplied, like the
