For real estate investors seeking high returns, short-term rentals consistently outperform traditional 12-month leases. By capitalizing on the flexibility of shorter stays, investors can earn substantially more throughout the year – particularly advantageous in a high-interest-rate environment where monthly mortgage payments eat into profit margins.
Long-term rentals are hard as rising interest rates have made it increasingly difficult for landlords to cover mortgage costs in high-priced markets. The catch to short-term rentals? Short-term rentals require extensive hands-on management. Investors must juggle frequent bookings, regularly update listings, navigate ever-changing local regulations, and coordinate with cleaning crews.
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