Traditional leases may be familiar, but Mid-Term Rentals often outperform them in terms of ROI. With less turnover than short-term rentals and more flexibility than long-term leases, MTRs are the sweet spot in today’s rental market. At Second Home Hosting, we’ve seen firsthand how a well-maintained MTR property can outperform traditional rental models by up to 35%. ?? The key? Active management, strong tenant relationships, and smart pricing.? Set competitive rates that reflect local market trends while providing a fully furnished and clean property for tenants. It’s the details that matter. Why it Matters: Industry benchmarks show that investors who embrace MTRs enjoy lower vacancy rates and higher tenant satisfaction. ?? Ready to boost your rental income? Partner with Second Home Hosting for seamless property management. Learn more at SecondHomeHosting.com. #SecondHomeHosting #MTR #RentalIncome #CorporateHousing #RealEstateInvesting
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? Higher Tenant Retention: Satisfied tenants are more likely to renew their leases, reducing turnover costs and ensuring a stable rental income. ?? Increased Rental Income: Modern amenities and well-maintained properties can command higher rents, maximizing your ROI effortlessly. ?? Enhanced Property Value: Upgrades and upkeep not only attract top-tier tenants but also increase your property's market worth over time. ?? Positive Reputation: Build a stellar reputation with tenants who value safety, cleanliness, and transparent practices—essential for filling vacancies quickly. ?? Reduced Maintenance Costs: Quality materials and proactive maintenance mean fewer emergencies and lower upkeep expenses in the long run. Ready to elevate your rental game? https://lnkd.in/eJTM2eTz Your tenants deserve the best—let Keyrenter St Pete help you deliver it. ?? #PropertyInvestment #QualityHousing #TenantSatisfaction #KeyrenterStPete
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Ready to maximize your rental property’s success? A steady passive income starts with reliable, long-term tenants. Screening is key—not just during move-in but also for lease renewals! Don’t know where to start with renewal screening checks? We’ve got you covered. Check out our latest blog for expert tips on tenant renewal screenings to keep your property leased and stress-free: https://lnkd.in/eR6XZr2c #PropertyManagement #LandlordLife #RentalProperty #TenantScreening
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Discover the secrets to boosting tenant retention with Alpine Property Management in Kansas City! In this YouTube short, learn valuable strategies to keep your tenants happy and reduce turnover rates, ensuring a steady rental income. Find out how regular property maintenance and timely upgrades can significantly enhance tenant satisfaction. Understand the importance of effective communication and responsiveness to tenant requests and concerns. Explore the benefits of fostering a strong community atmosphere through events and shared spaces. Additionally, consider flexible lease terms and incentives for renewals as tools to encourage long-term stays. Implementing these strategies can lead to a more prosperous and stress-free rental business. Tune in now for expert tips on maintaining a loyal tenant base and maximizing your rental property's potential. #HappyTenants #PropertyManagementTips #RentalSuccess
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Most real estate investors choose to only do mid-term rentals OR short-term rentals, which is a huge wasted opportunity. There are pros and cons of each model. By utilizing both strategies with your rental properties, you can hedge your risk, reduce volatility while still maintaining upside potential, and ensure a more balanced portfolio. Mid-term rentals ?? Pros: 1. Steady Income – Provides a reliable and predictable revenue stream 2. Lower Turnover – Fewer tenant changes reduce time and costs 3. Less Wear and Tear – Longer stays mean less frequent property use 4. Simpler Management – Less time-intensive compared to short-term rentals 5. Fewer Regulations – Generally less scrutiny and fewer legal restrictions Cons: 1. Lower Income – Typically generates less revenue than short-term rentals 2. Longer Vacancies – Can take more time to find suitable tenants 3. Less Flexibility – Limited opportunities for personal use or adjusting rental terms Short-term rentals ?? Pros: 1. Higher Income Potential – Can earn more due to higher nightly or weekly rates 2. Flexibility – Easier to block dates for personal use and make frequent changes 3. Wide Marketing Reach – More platforms and opportunities to attract guests 4. No Long-Term Commitment – Quickly adapt to changing market conditions Cons: 1. High Turnover – Frequent guest changes increase management workload 2. Inconsistent Income – Revenue can be unpredictable and vary with seasonality 3. Increased Wear and Tear – Higher maintenance costs due to frequent use 4. Regulatory Challenges – Often subject to stricter laws and regulations #realestateinvesting #realestate
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Happy Tenants, Happy Investor Great tenant relationships lead to high retention rates and stable rental income. Here’s how a property manager makes it happen: Effective tenant screening Quick response to issues Regular updates and check-ins ?? #TenantLove #InvestorLife #PropertyGoals #ThrivePropertyNT
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?? The key to a successful rental property? The right tenants. Vetting tenants properly can mean the difference between steady income and constant stress. From reviewing financials to checking references and rental history, every step matters. The more effort you put into finding the perfect tenant, the better your property’s performance—and your peace of mind. What’s your go-to tip for selecting great tenants? Drop it in the comments! #TenantScreening #PropertyInvestment #LandlordTips #RealEstateManagement #RentalSuccess #SmartLandlording #BuildingWealth #CommercialRealEstate
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The drawbacks of investing in short-term rentals Of course, nothing comes without its downsides. Here are potential drawbacks to consider when investing in short-term rentals and why you might choose to rent your property long-term instead: 1. Inviting a larger pool of people into your property also opens the door for potential problematic renters. With short-term rentals, you may come across irresponsible guests who mistreat your facilities, are especially noisy, or otherwise leave a bad impression on your neighbors. Avoid these situations by looking at potential guests’ reviews from other short-term rental hosts and creating house rules to which all guests must agree. 2. Increased guest turnover and higher expectations from vacationing visitors mean short-term landlords will incur more rental expenses to keep their property in tip-top shape. To this end, many landlords investing in short-term rentals must build these costs into the listing price by charging higher rents or additional cleaning fees. 3. If you’re looking for a hands-off investment option, the short-term rental market may not be for you. As the landlord, you’ll be dealing with renters, cleaning, and maintenance on a more regular basis. Feel free to share your thought in the comments below to help improve research. Do not forget to like and share post. Follow Antonio Harrison, 918Homebuyer Ltd #HomeBuying #RealEstate #PropertyPurchase #RealEstate? #RealEstateInvesting #FixAndFlip #LoanTips #PropertyInvestment
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Discover the secrets to boosting tenant retention with Alpine Property Management in Kansas City! In this YouTube short, learn valuable strategies to keep your tenants happy and reduce turnover rates, ensuring a steady rental income. Find out how regular property maintenance and timely upgrades can significantly enhance tenant satisfaction. Understand the importance of effective communication and responsiveness to tenant requests and concerns. Explore the benefits of fostering a strong community atmosphere through events and shared spaces. Additionally, consider flexible lease terms and incentives for renewals as tools to encourage long-term stays. Implementing these strategies can lead to a more prosperous and stress-free rental business. Tune in now for expert tips on maintaining a loyal tenant base and maximizing your rental property's potential. #HappyTenants #PropertyManagementTips #RentalSuccess
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Tenant turnover is inevitable, but minimizing downtime doesn’t have to be difficult. ??? MCS can streamline the process and keep your single-family rental properties ready for new tenants. ?? Let’s talk about how we can support your property management goals. ?? Schedule a meeting with Jason Myers: https://hubs.ly/Q02PK60x0 #SingleFamilyRental #TenantTurn #RentalMaintenance
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?? Fact: Traverse City’s short-term rental (STR) market saw average revenue per listing rise 8.3% in 2024, reaching $9,202. This growth comes from strategic price adjustments that maintain occupancy. Investors are boosting revenue by adding high-impact amenities like EV chargers and hot tubs, which increased summer earnings by $2,833 and $2,053. If you'd like more data-driven insights about Short Term Rentals (Airbnbs), give me a follow Michael Dreger #TraverseCity #ShortTermRentals #RealEstateInvesting
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