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Updated almost 2 years ago on . Most recent reply

User Stats

39
Posts
7
Votes
Steve Smith
  • Rental Property Investor
  • Gurnee, IL
7
Votes |
39
Posts

MTR requests over thinking it?

Steve Smith
  • Rental Property Investor
  • Gurnee, IL
Posted

I have a Airbnb with a 30 day stay min. due to HOA restrictions. I have been renting out since January of this year with an average stay of 85 days. My current tenant checks out in August 15th.

I just received a request for November 1st through December 4th. I’m hesitant to accept it because I’m concerned that it will not rent in December and may limit rentals from August 15th - October 31st.

I have a feeling I’m over thinking this and want this awesome community input.

Thanks!

  • Steve Smith
  • Most Popular Reply

    User Stats

    535
    Posts
    418
    Votes
    Allen Duan
    #3 Medium-Term Rentals Contributor
    • Property Manager
    • Los Angeles, CA
    418
    Votes |
    535
    Posts
    Allen Duan
    #3 Medium-Term Rentals Contributor
    • Property Manager
    • Los Angeles, CA
    Replied

    Depends on your market. Do you have people in your market who need a MTR for 2 months? Is there enough demand for those that you can have reasonable confidence of getting a booking for that gap? When we take a booking that leaves a gap like that, it’s always for a higher rate to make it worthwhile for reducing the value of the vacant gap.

  • Allen Duan
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