Short Term vs. Long Term Rental: Which Is Better for Airbnb Hosts?
If you are thinking about investing in rental properties, you will surely face this dilemma—choosing between short-term rentals or long-term agreements. Though both of them come with passive income benefits, each offers its own advantages.
In this article, we will look at how to generate wealth with AirBNB properties, learning which type of property is more appropriate for you and what this type of investment looks like.
1. Guest Experience
For short-term rentals, you will encounter a lot of guests as they’ll only spend a few days on your property. Usually, they’ll pay for their stay upfront, and you can ask for a security deposit or a credit card on file through w