Pros and Cons of Short-Term v. Midterm v. Long-Term ✅🏠 #rentalproperty #realestateinvesting
Summary
This video breaks down the differences between short-term (STR), mid-term (MTR), and long-term (LTR) rentals. Erin Spradlin provides a high-level comparison of the effort, costs, and management requirements for each model, highlighting the mid-term rental as a 'sweet spot' for many hosts seeking higher revenue with lower turnover.
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This article from GreekReporter.com reports that Greece is climbing the European short-term rental rankings. While specific details on the rise are not provided in this short article, this suggests a growing opportunity for hosts. It implies increased demand in the Greek market, which presents a dynamic opportunity for STR investors.
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The short-term rental market's growth is slowing, according to eKathimerini.com. This shift may affect occupancy rates and revenue for hosts. Understanding market trends is crucial for adapting pricing and marketing strategies, ensuring continued profitability.
Curated by Learn STR by GoStudioM