Yes, short-term rental is a great idea.
With the help of ERB Properties LLC, the short answer is, yes — vacation rentals are very profitable. Of course, there are a lot of variables such as location, property maintenance, and upfront costs but overall short-term leases provide a better return than a long-term leases.
There are many benefits to renting out your home for short periods. One of the most important benefits is that it allows you to make money while you are away! This means you can take trips around the world without worrying about what else needs to be done around the house. You also don’t have to worry about overpaying for your mortgage or other bills while you’re gone — because these expenses will be covered by your guests who stay at your house!
A second benefit of renting out your home is that it helps reduce stress on your mortgage payments by covering them while they’re vacant. This can save you thousands over time! Finally, renting out your home can be an excellent way to start building wealth through passive income streams such as rental income and property taxes.
Learn More on how to turn your home into a short-term rental.