Are Short-Term Airbnb Rentals Better Than Long-Term Rentals?
Since its launch, Airbnb has provided great opportunities for people to monetize their properties. At first, it allowed homeowners to make a little extra money by letting people rent out their homes while they’re on vacation. But now, many people are taking the opportunity to rent out their Airbnb properties for months at a time.
If you have an investment property, you might be wondering if you should stick to the traditional long-term rental option or go for short-term rentals instead. While either one certainly has its own set of advantages, it’s important to pick the one that is best suited for your situation. Here, we’ll discuss the benefits of each option so you can make an informed decision regarding your property.