HOW TO PRICE YOUR MIDTERM RENTALS
Summary
AI-generatedThis video breaks down how to price midterm rentals by analyzing seven distinct guest avatars, including travel medical professionals, business travelers, construction workers, relocating families, students, and insurance/relocation claims. Hosts will learn strategies to tailor pricing to each avatar's needs and budget, maximizing profitability and attracting the right guests.
Key insights
Students are budget-conscious but can allow hosts to exceed long-term rental rates by renting out individual rooms in a multi-bedroom property for $700-$800+ per room, especially near universities.
Mistakes to avoid
Pricing too high for insurance and relocation claims can lead to losing significant business, as relocation specialists value long-term relationships over short-term price gouging.
Tools & resources
Availplatform
Avail is a platform for creating leases and screening tenants, useful for midterm rental hosts.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial