pipspath

  Due to the popular growth of Airbnb renting, most people are aware of the term Short-Term Rentals, which is classified as a Guest staying in housing for less than 30 days. YouÕre probably also familiar with Long-Term Rentals, in which a Tenant signs a lease agreement for 1 year or more in a property that will serve as their primary residence. However, did you know thereÕs another in-between rental category called Mid-Term Rentals? Mid-Term Rentals are classified as a Tenant who receives housing between 1 to 12 months at a time. This serves as a great strategy to pivot into if the city you manage short term rentals tightens their regulations. Managing a short-term rental can be a lucrative business. However, some major cities are cracking down on regulations to restrict short-term rentals, which can stifle business owners. At the time of this writing, some cities enforce a 90-day restriction on Short-Term Rental listings that are classified as Òinvestment propertiesÓ where th...

  Due to the popular growth of Airbnb renting, most people are aware of the term Short-Term Rentals, which is classified as a Guest staying in housing for less than 30 days. You’re probably also familiar with Long-Term Rentals, in which a Tenant signs a lease agreement for 1 year or more in a property that will serve as their primary residence.   However, did you know there’s another in-between rental category called Mid-Term Rentals? Mid-Term Rentals are classified as a Tenant who receives housing between 1 to 12 months at a time. This serves as a great strategy to pivot into if the city you manage short term rentals tightens their regulations.   Managing a short-term rental can be a lucrative business. However, some major cities are cracking down on regulations to restrict short-term rentals, which can stifle business owners. At the time of this writing, some cities enforce a 90-day restriction on Short-Term Rental listings that are classified as “investment properties”...