The Recap of the Midterm Rental Summit 2023 in San Diego, CA
Summary
AI-generatedThis video recaps the Midterm Rental Summit 2023, highlighting key data on demand and supply for furnished rentals in top US markets like Florida, Arizona, and California. It offers insights into optimal property types (studios and one-bedrooms) and budget ranges ($1600-$2400) for midterm rentals, along with advice on listing optimization and responsiveness.
Key insights
A significant portion (39%) of midterm rental bookings are made within 15 days of the move-in date, while only a small percentage (less than 15%) plan more than 61 days in advance.
Mistakes to avoid
Using low-quality photos or providing slow responses to inquiries can lead to lost bookings due to the high competition in the midterm rental market.
Tools & resources
Air Adventureschannel
Jesse Vasquez's YouTube channel, 'Air Adventures', offers content related to real estate and potentially short-term or midterm rentals.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial