Duplex - short term rental

[Olivia DeMarco]

Hi All, 

My boyfriend and I are looking into purchasing a duplex for short term rentals. Is a 2 bed 2 bath likely to rent for higher than a 2 bed 1 bath?

[Joe P.]

Frankly I don't think that is as important as ensuring there is demand for short-term rentals in your area, and the time/maintenance needed in order to succeed in that business.

I assume you mean AirBNB, so how do you know the local market supports consistent and constant rentals? How do you plan on turning over the units (and doing so quickly)?

Also, to wholly answer your question, what kind of short term rentals do you expect? Are you near a business of some kind (if so, a 1BR is easier to rent). Is it a vacation rental? Do you expect couples, families, individuals? That'll dictate what kind of people rent from you and what will "sell."

Frankly I'd rather get someone in long-term for a year lease on a duplex.