Midterm rental websites

Midterm rental websites

Daniel UchimotoPro Member
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.

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Bonnie LowPro Member
Lender · Asheville, NC · Member since 2016 · 1k+ posts · 1k+ votes
3y

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.

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  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    3y
    Quote from @Daniel Uchimoto:

    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. 

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  • Miller McSwainPro Member
    Investor · Colorado Springs, CO · Member since 2018 · 261 posts · 234 votes
    3y

    @Daniel Uchimoto

    There are some MTR specific sites in addition to Furnished Finders.

    Check out kopa.co and consider listing on Airbnb with a 30 day minimum stay!

  • Bonnie LowPro Member
    Lender · Asheville, NC · Member since 2016 · 1k+ posts · 1k+ votes
    3y

    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.

  • Member since 2018 · 1 post · 5 votes
    2y
    Quote from @Bonnie Low:

    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. 

  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    2y
    Quote from @Bonnie Low:

    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. :)

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  • Travis TimmonsPro Member
    Rental Property Investor · Ellsworth, ME · Member since 2021 · 1k+ posts · 2k+ votes
    2y

    "I may lose the argument, but it won't be because I'm wrong" 

    I'm gonna start using that while arguing/disagreeing with my wife. I'll report back and let you know how it turns out. 

  • Spanish Fort, AL · Member since 2013 · 2 posts · 4 votes
    2y

    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.


    Good luck to you.

  • Rental Property Investor · Newark Nj · Member since 2024 · 13 posts · 3 votes
    2y

    Good day BPs

    I'm looking for a mid-term rental mentor. Preferably in New Jersey but anywhere is better than nowhere? 

  • Member since 2021 · 14 posts · 4 votes
    2y
    Quote from @Nathan Gesner:
    Quote from @Bonnie Low:

    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?

  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    2y
    Quote from @David Kulbacki:

    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.

    Here's something from AirBnB regarding rental agreements: https://www.airbnb.com/help/article/465
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