Maximize Rental Income with Padsplit: Rent by the Room Strategy

Summary

This episode of Short Term Rental Riches explores using Padsplit to rent out rooms for semi-long-term stays as an alternative to renting out the entire property through Airbnb. Padsplit offers a platform for landlords to connect with tenants seeking to rent rooms for a minimum of 12 weeks, with an average stay length of 8 months, and the benefits of using this platform include increasing revenue, reduced vacancy risks, and having access to a vendor network for property management assistance.