October 21, 2022 - Rava Realty

Long-term rentals proving more lucrative

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Landlords in Miami can make roughly 77% more by renting out a one-bedroom unit as long-term rental property rather than a short-term.

The study found that landlords can make nearly 36% more renting a two-bedroom long term than short term.

The big picture: Long-term rentals are more favorable in cities with high long-term rent prices such as New York, Miami and Los Angeles — regardless of bedroom count.

Here is the complete article, with an ...

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