Mid term rental vs long term rentals San Francico
I own a duplex in San Francico (Potrero hill). Does anyone have any experience with furnished mid term rentals? Is it more profitable than long term rentals? Is it worth the extra work? Thank you!
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Rents for medium term rentals usually range from 1.5 times to 2 times the normal rent for a place. I would go on furnishedfinder.com which will allow you to look at MTR's in your area, see what they rent for, and see how many are "available now" vs at some point in the future. This will give you a great starting point in determining rent for your underwriting!