Is The “Sharing Economy” Destroying Rentals?
Manage episode 429417194 series 3019135
Today, we discuss the impact of the sharing economy on rental properties. 🎧 Join our host Peter McKenzie as he explores the different strategies landlords can adopt, such as short-term rentals, mid-term rentals, and long-term rentals.
Takeaways
- Landlords need to stay informed about regulatory issues and leverage technology to streamline their operations.
- Consider the impact of different strategies on the community and neighborhood when choosing a rental strategy
- Short-term rentals provide higher income potential but require more work and can be subject to regulatory challenges.
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