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Updated over 2 years ago on . Most recent reply

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13
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2
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Tyler Eastridge
  • Gainesville, Fl
2
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13
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Ideal number of bedrooms in a short/midterm rental

Tyler Eastridge
  • Gainesville, Fl
Posted

I am looking to purchase a house in Gainesville, Fl to be either a short term or mid term rental.  I know there are a lot of factors and each market is different, but in general do 2 bedroom units do just as well as a 3 bedroom unit?

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1,091
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John Carbone
  • Rental Property Investor
  • Gatlinburg
958
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1,091
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John Carbone
  • Rental Property Investor
  • Gatlinburg
Replied
Quote from @John Underwood:
Quote from @John Carbone:

1 beds and 4 beds are optimal. 2 and 3 beds are traps


 How so?


 2 and 3 bedroom are the most common, and the extra money paid on a price per square foot basis doesn’t scale up in terms of rents until you get to the 4 bed category. I should have clarified on 4 bed+, but the poster talking about the Tampa market pretty much summarizes the data I’ve seen as well. 

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