MTR vs. LTR: What the Numbers Look Like After Utilities (3 Real Properties)
Summary
AI-generatedThis video breaks down the real profitability of midterm rentals (30+ days) by comparing them to long-term unfurnished rentals, factoring in utilities and furnishing costs. It analyzes three case studies across different market sizes to illustrate the potential for higher monthly earnings and flexibility.
Key insights
Midterm rentals (30+ days) can yield $258 to $905 more per month than long-term unfurnished leases after accounting for utilities and furnishing costs.
Mistakes to avoid
Failing to account for the cost of utilities in midterm rental pricing can lead to underestimating expenses and overestimating actual profit.
Tools & resources
Hold My Hand Packageservice
Midterm Rental Consulting offers a 'Hold My Hand' package for new landlords, providing guidance through the first renter's month, including listing, pricing, screening, and setup.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial