Contractor · Fayetteville WV · Member since 2020 · 30 posts · 6 votes
Looking to MTR our STR for the winter. Besides Furnished Finder, what are the other websites worth posting on for mid-term rentals? Any help and information is appreciated.
Time to get with the times @Nathan Gesner. No matter how much you fight it, it's a thing. Not sure what's to be gained by resisting. I have both midterm and long term and they definitely are two different animals. To each his own.
Looking to MTR our STR for the winter. Besides Furnished Finder, what are the other websites worth posting on for mid-term rentals? Any help and information is appreciated.
A medium-term rental is just a long-term rental with a made-up name. They've existed forever and were always referred to as month-to-month rentals or long-term rentals. The same laws apply, you use the same lease agreement, and you advertise in the same places: zillow, realtor.com, apartments.com, furnishedfinder, zumper, etc.
Please don't let this unnecessary, made-up term confuse you.
Time to get with the times @Nathan Gesner. No matter how much you fight it, it's a thing. Not sure what's to be gained by resisting. I have both midterm and long term and they definitely are two different animals. To each his own.
Time to get with the times @Nathan Gesner. No matter how much you fight it, it's a thing. Not sure what's to be gained by resisting. I have both midterm and long term and they definitely are two different animals. To each his own.
LOL.. My thoughts exactly. You can even vary them in one building! I own a duplex. The top floor is long term and the bottom floor is medium term. I don't do short term. Yes. They are all different animals.
Time to get with the times @Nathan Gesner. No matter how much you fight it, it's a thing. Not sure what's to be gained by resisting. I have both midterm and long term and they definitely are two different animals. To each his own.
I don't disagree with the concept. In fact, I regularly rent properties furnished, with utilities included. Landlords have been doing it for decades.
My concern is that someone created this new term (medium-term rental) that was completely unnecessary and it's causing confusion. A large percentage of investors are managing them improperly, typically marketing and operating them like short-term rentals without realizing they are long-term rentals and long-term rental laws apply.
I'm just trying to keep people from getting themselves into a pickle, but the masses don't seem to care. I may lose the argument, but it won't be because I'm wrong. :)
The #1 website that has been servicing the Mid-Term Rental and monthly stay market for over a decade is MonthlyRentalsByOwner.com
They don't charge service fees (like the big sites VRBO & AirBnB), plus you get immediate direct communication with the guest.
They only charge an annual subscroption up-front of $173/year per property, and that also gets you posted as well to their Snowbird website for monthly renters, www.AmericanSnowbird.com - all included in that one annual fee. The websites have been around since 2003, and regularly produce over 30,000+ monthly and multi-month/seasonal rental inquiries per year, the past two years.
Time to get with the times @Nathan Gesner. No matter how much you fight it, it's a thing. Not sure what's to be gained by resisting. I have both midterm and long term and they definitely are two different animals. To each his own.
I don't disagree with the concept. In fact, I regularly rent properties furnished, with utilities included. Landlords have been doing it for decades.
My concern is that someone created this new term (medium-term rental) that was completely unnecessary and it's causing confusion. A large percentage of investors are managing them improperly, typically marketing and operating them like short-term rentals without realizing they are long-term rentals and long-term rental laws apply.
I'm just trying to keep people from getting themselves into a pickle, but the masses don't seem to care. I may lose the argument, but it won't be because I'm wrong. :)
Hi Nathan. I see this is an old post, but was hoping you could expand on the hazards of using STR platforms to advertise and book month to month rentals? I have a month to month rental that I list on traditional sites such as Zillow, realtor.com, etc, and have the tenant sign a lease. I want to explore listing on platforms such as airbnb and vrbo, but I don't think they allow you to have a lease the tenants sign. Does a month long stay on airbnb or vrbo open you up to different tenant's rights rules that would leave the property owner unprotected?
If there is a different set of rules once a tenant stays a month, and there isn't a way to have tenants sign a lease using STR listing platforms, then what protects medium term rental owners?
I have never heard of any platform restricting a guest from signing an agreement. We always did it. Even our short-term rentals had a rental agreement with policies for payment, penalties, rules, etc.