What REALLY Costs More Short Term or Long Term Rentals

Summary

This video compares the maintenance costs of short-term rentals (STRs) and long-term rentals (LTRs), revealing that while STRs have higher revenue, they often have lower maintenance costs due to proactive monitoring and lack of long-term tenant rights, leading to significant savings over time. The video stresses the importance of maintaining hotel-like standards in STRs and actively addressing minor maintenance issues to avoid larger problems and maintain guest satisfaction.