Getting Started Medium Term Rentals

[Richie Hutchinson]

Hi Team,

I live in a community that has two major health systems, a strong banking industry, and several other strong sectors.  There appears to be good demand for mid-term rentals.  I have a home I currently own that I'd like to experiment with.  What do I need to consider to get started.

1. Best platform(s) are best to use to connect with renters

2. Tips for preparing the home

3. Other....

[Payton Haight]

Hi Richie,

I have had 3 mid-term rentals in the midwest since 2022. It has been a great experience so far. See my responses to your questions below:

1) FurnishedFinder and Airbnb. I prefer FurnishedFinder and that is where I get ~80% of my guests.  For reference, most of my guests are traveling professionals (nurses, utility workers, relocating faculty from local universities, etc.)

2) Consider your target guest - For example if you are renting to traveling nurses, they may work night shifts and sleep during the day so you will want black out curtains in the bedroom. A few other things I provide:

- toiletries for ~1 week

- coffee

- Netflix and live tv subscription (Youtubetv or Hulu live tv)

- lawn and snow removal services

- sound machine

 3) I would recommend getting smart locks for your exterior doors. This will allow you to remotely set a code for each guest and do not have to give the guests any keys

Good luck!