Is The “Sharing Economy” Destroying Rentals?


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Jul 17 2024 19 mins  

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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