Furnished Finder’s Post

This is the real reason investors are moving away from short-term rentals to mid-term rentals… 👇 Higher demand Due to their extended duration, midterm rentals often experience higher demand than short-term rentals. This increased demand can translate to more consistent bookings and occupancy rates, providing landlords with a reliable source of rental income. Easier management Unlike short-term rentals, where guests check in and out frequently, midterm rentals offer greater stability. Tenants typically stay for at least 30 days, reducing the frequency of turnovers and making property management more manageable for landlords. Platforms like PadSplit boast an average tenure of 8.4 months, highlighting the stability of midterm rental arrangements for renters. Works in every market Mid-term rentals are needed in every market, in both urban settings and rural areas, making them a great investment in various cities. Fewer regulations Midterm rentals typically face fewer regulations compared to short-term rentals, which are often subject to strict zoning laws and licensing requirements. This regulatory flexibility can simplify the rental process for landlords, allowing for more straightforward operations and fewer administrative hurdles. Reduced competition With fewer landlords vying for midterm rental opportunities, property owners may find it easier to secure bookings quickly and consistently throughout the year. This reduced competition can result in stronger cash flow and a better ROI. Less wear and tear The longer-term nature of mid-term rentals means tenants are less likely to cause significant wear and tear on the property compared to short-term stays. With guests staying an average of six months, landlords can enjoy reduced maintenance costs and preserve the condition of their rental units over time. #midtermrentals #midtermrental #whatisamidtermrental #midtermrentalcalculator #midtermrentalmeaning #shorttermrentals #shorttermrental #shorttermhouserentals #shorttermrentalsmiami #airbnbshorttermrental #furnishedshorttermrental #shorttermrentalsfurnished

Discover the secret to boosting your real estate portfolio with midterm rentals! Learn how to identify, acquire, and optimize properties with consistent income and lower management demands. Dive into our latest guide for top tips and strategies. https://lnkd.in/gUYyKda2 #midtermrentals #propertymanagement #investmentopportunity

I came across this interesting blog from Houst on mid-term lets and thought it was worth sharing! 🌍🏡 Mid-term letting seems to be the sweet spot between short-term and long-term rentals, offering a great balance of flexibility and increased rental yields. 📈 If you're a landlord, it's worth exploring how mid-term lets could maximise your rental income. Definitely an interesting strategy to consider in today’s market!

We came across an interesting blog from Houst that dives into the world of mid-term lets - a great alternative to long and short-term rentals. It’s a strategy that offers flexibility and steady income, perfect for today’s rental market. Check out the blog to learn more about how mid-term lets could boost your rental yields and attract the right tenants. ➡ https://lnkd.in/e5VkqMxh Here are three key takeaways: 💰 Higher Rental Yields: Mid-term lets often provide higher yields than long-term rentals, especially for fully furnished properties, as tenants are willing to pay more for convenience and flexibility. 🛌 Lower Vacancy Rates: With leases typically spanning 3-6 months, mid-term lets ensure steady occupancy and income, minimising gaps between tenants. 📅 Flexibility for Landlords: Mid-term rentals allow property owners to use their space when needed, providing more flexibility compared to long-term agreements. If you would like to learn more about how your property could benefit from mid-term lets, or even short-term lets, please get in touch with us at StayNorth

Part 1: Short-Term vs. Long-Term Rentals Many investors struggle to choose between short-term and long-term rentals. Each has benefits, but defining your goal is key. Fast cash flow or stable income? Flexibility or predictability? Here's how you can set clear goals for your investments: 1. Short-Term Rentals: Fast Returns Short-term rentals offer the potential for higher cash flow per booking. In Salt Lake City, with its strong tourism draw—ski season, outdoor recreation, and business travel—the average occupancy rate for short-term rentals ranges between 60-70% annually, depending on the neighborhood. High-demand areas, like downtown or near popular resorts, can see even higher rates during peak seasons. But with those higher returns comes higher volatility. You must manage guest turnover, handle more maintenance, and adjust to seasonal shifts. This can mean higher costs, especially in the winter months when demand peaks but so do operational expenses. Think of short-term rentals like trading stocks—quick gains but with the risk of fluctuations. If you’re aiming for quick returns and enjoy a hands-on approach, this strategy may work for you. 2. Long-Term Rentals: Consistent Income Long-term rentals are all about stability and predictability. Once you sign a tenant for a 12-month lease, you secure a steady income. In Salt Lake City, the average rent for a long-term property has been steadily increasing due to strong demand, particularly in suburban areas like Sugar House or the Avenues. You can expect an annual rental growth rate of around 3-5%. There’s less turnover, lower vacancy risk, and more consistent cash flow. Think of long-term rentals like bonds—steady, reliable, and less management-heavy. This is a strategy for investors who want passive income without daily involvement. If your goal is to build wealth over time, long-term rentals may be your best bet. __ This is just Part 1! Tomorrow, I’ll be posting more about long-term wealth building through appreciation and how to make lifestyle flexibility work with short-term rentals. Stay tuned for Part 2! And remember, if you're buying, selling, or investing, my consultations are free. I’d love to tailor advice to your situation—reach out anytime!

Most real estate investors choose to only do mid-term rentals OR short-term rentals, which is a huge wasted opportunity. There are pros and cons of each model. By utilizing both strategies with your rental properties, you can hedge your risk, reduce volatility while still maintaining upside potential, and ensure a more balanced portfolio. Mid-term rentals 🏡 Pros: 1. Steady Income – Provides a reliable and predictable revenue stream 2. Lower Turnover – Fewer tenant changes reduce time and costs 3. Less Wear and Tear – Longer stays mean less frequent property use 4. Simpler Management – Less time-intensive compared to short-term rentals 5. Fewer Regulations – Generally less scrutiny and fewer legal restrictions Cons: 1. Lower Income – Typically generates less revenue than short-term rentals 2. Longer Vacancies – Can take more time to find suitable tenants 3. Less Flexibility – Limited opportunities for personal use or adjusting rental terms Short-term rentals 🏨 Pros: 1. Higher Income Potential – Can earn more due to higher nightly or weekly rates 2. Flexibility – Easier to block dates for personal use and make frequent changes 3. Wide Marketing Reach – More platforms and opportunities to attract guests 4. No Long-Term Commitment – Quickly adapt to changing market conditions Cons: 1. High Turnover – Frequent guest changes increase management workload 2. Inconsistent Income – Revenue can be unpredictable and vary with seasonality 3. Increased Wear and Tear – Higher maintenance costs due to frequent use 4. Regulatory Challenges – Often subject to stricter laws and regulations #realestateinvesting #realestate

Month-to-Month Rentals: A Guide + How to Find Them [2024] https://lnkd.in/e2E4AAVy Are you looking for a flexible housing solution in an ever-changing world? A month-to-month lease could be your answer. Ideal for those who move frequently or wish to experience a new city...

🏠 Get ready for peak rental season! From Memorial Day to Labor Day, it's the busiest time for property managers and landlords. With National Moving Month in May and summer break approaching, stay organized and stress-free with our tips. Read more in the article below! #PeakRentalSeason #PropertyManagement 🌟 https://lnkd.in/gy8pG_zp

🏠 Get ready for peak rental season! From Memorial Day to Labor Day, it's the busiest time for property managers and landlords. With National Moving Month in May and summer break approaching, stay organized and stress-free with our tips. Read more in the article below! #PeakRentalSeason #PropertyManagement 🌟 https://lnkd.in/gy8pG_zp

🏠 Get ready for peak rental season! From Memorial Day to Labor Day, it's the busiest time for property managers and landlords. With National Moving Month in May and summer break approaching, stay organized and stress-free with our tips. Read more in the article below! #PeakRentalSeason #PropertyManagement 🌟 https://lnkd.in/gy8pG_zp