WS1121: Increasing Rental Income with Nico Ortega

Short-term rentals can be a good additional source of income for multifamily operators. This business model is promising especially that people are starting to travel again. In this episode, Nico Ortega of Nouvo shares how you can incorporate subscription-based living into your multifamily properties.

Nico talks about the current trends in travel and nomad living. He says people are now looking for larger spaces than the regular hotel room. He adds because of the global health crisis, people want more space. He also gives tips on how you can turn some units of your multifamily property into short-term rentals with a subscription-based living business model. Listen now and learn more about this possible additional source of revenue!

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