First-Time Landlord’s Guide to Medium-Term Rentals: 11 Practical Solutions – Reduce Vacancies, Optimize Property Maintenance and Maximize Rental Income by Lance Izar Echolm
This guide walks first-time landlords through 11 practical skills to master medium-term rentals, helping them attract reliable tenants, minimize vacancies, and build profitable rentals with confidence and ease.
Excerpt from the Book
If you are new to medium-term rentals, you are in good company – many are just starting to explore this exciting opportunity. Over the years, many property investors have favored short-term rentals like short Airbnb stays or long-term rentals with contracts signed for 12 months or more. However, due to socioeconomic factors, there is a growing preference for medium-term rentals, which are tenancies lasting more than a few weeks but less than a year.
Medium-term rentals bridge the gap between short-term flexibility and long-term stability. This unique niche offers higher returns than traditional leases while avoiding the constant turnover of short-term stays. Perfect for traveling professionals, students, and relocating families, medium-term rentals attract responsible tenants and minimize wear and tear on your property.
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