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Updated about 3 years ago,

User Stats

5
Posts
3
Votes
Adam Arkfeld
3
Votes |
5
Posts

Longer-term STRs (28+ days)

Adam Arkfeld
Posted

Is anyone doing STRs exclusively for 28+ days?

I have an STR in Mesa, AZ, and got a longer-term tenant from January through February who is paying me close to $6k per month. This is about $1,500 more than I get with the normal nightly rentals. I actually had another tenant from March to June at about $5,500 per month, but I allowed them to cancel due to a terrible family tragedy that changed their plans.

Currently, I've restricted my rentals to be 28+ days to see if I can consistently get longer-term renters. It's a fairly decent home in an average neighborhood, but nothing special. I think I'm hoping to prove that those two bookings weren't some fluke (although one was cancelled). 

Is anyone else doing 28+ days in a "normal" suburban neighborhood as an STR strategy?

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