NOVAK NEWS - SHORT VS. LONG TERM RENTALS: PROS, CONS, AND MANAGING THE SWITCH EFFORTLESSLY!
Manage episode 419682960 series 3445143
Ever wondered if the short-term rental hype lives up to its promises, or if long-term tenancy is the true key to real estate bliss? We sat down with Branka, an expert property manager, to share the real scoop on the rental game from our own trenches. You'll learn about the glamorous and gritty sides of platforms like Airbnb, and see why some property owners, like us, eventually favor the stability of long-term tenants. We discuss the rollercoaster of emotions from that first booking thrill to the demands of guest management, and we don't hold back on the reasons why a permanent "No Vacancy" sign suits our lifestyle better now.
In the second half of our candid conversation, we break down the ins and outs of setting up a rental on AB&B, and the transition that often follows from short-term rental excitement to long-term rental satisfaction. Branka lends her seasoned perspective on the trade-offs between the two. We'll leave you equipped with insights for making informed decisions fitting your lifestyle, and extend an invitation to anyone curious about entering the property rental fray to reach out for advice. So, grab your property blueprints and join us for an evening of real estate revelations that just might change your approach to renting out spaces.
Chapters
1. Long-Term vs Short-Term Rentals Debate (00:00:00)
2. Consider AB&B for Property Rentals (00:13:33)
1468 episodes