AIRBNB 30 DAY RENTALS: Worth it???

25.1K viewsover 6 years ago5m 10sScore: 75

Richard Fertig

Regulations & Compliance
intermediate
Local Regulations
Mid-Term Rental
Pricing Strategy
Occupancy
ADR

Summary

In highly regulated markets like New York City, short-term rentals are restricted to a 30-day minimum stay. The video discusses the impact and pricing around making the switch to 30-day rentals from short-term rentals, highlighting the importance of managing the calendar to prevent long vacancies. While 30-day rentals can yield a 50% higher rent compared to long-term leases, hosts need to carefully manage the calendar and vacancies to capture that profit.