personal experience with short term rentals

[Keron Castle]

Hi everyone.. I own a three family house in Hartford CT, been thinking of exploring the option of short term leases (traveling nurses , Air BnB ). I am hoping to get some feed on wether it’s a good idea or not.. thanks

[Michael Doherty]

@Keron Castle Hi Keron, I guess where in Hartford is your 3 family. Are you in the north end, west end, south end or downtown? I ask because depending where would lead me to say Mid term rental (focus on travelnig nurses ect) or short term rental (Airbnb). If you are located in the south end or north end would get section 8 or a normal tenant (which you probably already have). If you are West end I would go Mid Term rental or airbnb. And if you are downtown I would go airbnb or mid term rental. 

I have an airbnb in Fairfield, Ct but I am targeting a completely different clientele. There is a pretty strong demand for mid term rentals in Hartford with Hartford Health Care, Hartford Hospital, Trinity ect ect. I recently sold a house in the West End and it had a traveling nurse in it.... owner got a great price because of the rental income he was getting.