The Short-Term vs Mid-Term Rental Showdown: How much can you REALLY earn?
Summary
AI-generatedThis video compares the annual rental income of short-term rentals (STRs) versus mid-term rentals (MTRs) using real-world data from two similar properties. It highlights factors influencing profitability, such as market seasonality, supply increases, and operational costs, to help hosts understand which strategy might be more beneficial.
Key insights
Cleaning costs for mid-term rentals, when averaged over a 30+ night stay, typically equate to only about $7-$8 per night, even with deeper cleans.
Mistakes to avoid
New or inexperienced hosts may panic during low occupancy periods and slash prices, leading to a 'race to the bottom' that devalues properties and reduces overall market profitability.
Tools & resources
Uplistingtool
The hosts recommend Uplisting for property management software, noting its direct integration with major booking platforms and a free subscription to Turno (formerly TurnoverBNB).
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial