Multifamily Weekly: The Future is Short Term Rentals
ButterflyMX
Video intercoms, access control systems, and security cameras loved by 15,000 multifamily, gated, commercial properties.
Should Multifamily Properties Offer Flexible Leasing Options?
The 2020s have disrupted the real estate?market in many ways. But one trend on the rise is short-term rentals and flexible leasing.
For most Americans, working from home is the new normal, and they don’t need to live near their offices anymore. At the same time, others are rethinking their relationship with work and finding a new purpose in life. In both cases, people are packing up their bags and relocating to new places. To accommodate these digital nomads, you might be considering offering flexible leasing options. Read below to learn whether or not you should offer flexible leasing options.
Short Term Rentals Prove Ideal Complement To Remote Work
“The Covid-19 pandemic and the emergence of short-term rental companies like Airbnb have given birth to a new breed of real estate. This fresh wave blurs the demarcation between hotels and homes, sparking developments designed from the ground up to serve dual purposes. On one hand, they meet the need for buyers seeking a getaway place in a sunny clime like Miami’s. On the other, they satisfy the desire of these and others to generate passive income by renting out the residences when they’re not there.”
Short Term Rental Property Management Tips & Tricks You Need To Know
From vacationers to digital nomads, the demand for furnished short-term rentals continues to grow. These days, many people working remotely need a place to stay month-to-month or for just a few weeks. The short-term rental market is a great opportunity to fill units in your apartment building and open an additional revenue stream.
With the right approach — and by following the tips in this post — managing and marketing short-term rentals can be extremely lucrative. This guide will help you understand short term rental property management so you can decide if it’s right for you and learn how to deliver the best experience for short-term renters.
领英推荐
The Benefits of Short-Term vs. Long-Term Leases
“Everyone is different. From a family of four hoping to rent long-term to a summer intern who requires temporary accommodations, everyone has unique housing circumstances to navigate. A landlord’s job is to prepare their property to appeal to their intended audience. Whether that audience includes short-term or long-term tenants, both options include a myriad of benefits for landlords.
But how can you decide which option is better when both seem to be the best?”
Housing for Remote Workers: How Digital Nomads Impact Real Estate
With the rising popularity of remote work, more people than ever can live and work from anywhere by simply having an internet connection. So how has this impacted the real estate industry and what trends should you expect in housing for remote workers?
Technology has created new opportunities for individuals to travel, work, and play all over the world. Luckily, to match the changes remote work has brought to housing, property technology also continues to develop rapidly, so keeping up with new real estate trends can be as easy as the push of a button. View this guide to understand the impact of digital nomads on real estate.
Get free insights and trends happening in multifamily, property management, and real estate by subscribing to the ButterflyMX blog! Subscribe now