Should I lease short-term or long-term?
Автор: Iron Horse Property Management
Загружено: 2024-06-19
Просмотров: 398
Описание:
Long-Term Rentals
Pros: Stable income, less management hassle, lower vacancy periods, less wear and tear, and potential for stronger tenant relationships.
Cons: Lower potential income, difficulty raising rent, risk of bad tenants, less flexibility for personal use.
Short-Term Rentals
Pros: Potentially higher income, increased flexibility for personal use, easier access to maintenance checks.
Cons: Unpredictable income, higher operating expenses, frequent tenant turnover, increased wear and tear, and potential for local regulations.
In a nutshell:
Long-term - Stable income, less work, but lower potential earnings.
Short-term - Potentially higher income, more work, but less stable income.
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