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That is definitely not always true, and I would say its only true in the minority of cases. To make more money renting short term than long term you have to be
by sisyphusprotege 9y ago
That is definitely not always true, and I would say its only true in the minority of cases.
To make more money renting short term than long term you have to be in a very desirable location in a town/city with a lot of tourist traffic, and you have to keep your labor and energy costs down ruthlessly.
Most cleaning companies want $30 an hour. You need to pay $120 to do a turnover. Plus you need to buy many things and replace them regularly. And you need to pay for utilities.
Unless you can book for high prices, at least $250 a night and more like $399 a night on weekends in season, and keep the calendar pretty full, its not worth it.