Maximizing Profit with Short-term Rentals

Investing in short-term rentals can be highly profitable if located in desirable areas with strong demand. While the fundamentals of real estate investing still apply, such as choosing a good market, short-term rentals require a different approach in terms of location to ensure consistent demand. Although the numbers may not work out the same as traditional long-term rentals initially, the premium nightly rates and gross monthly rent can yield attractive returns. However, managing short-term rentals requires efficient turnover like a hotel room, making it a more hands-on investment that may not be suitable for everyone.