Market Shift: Are Short-Term Rentals Converting to Long-Term in Your Area?

[Alex Zweydoff]

Hello everyone,

I am a seasoned property manager in Central Florida. I’m currently observing an interesting trend in the Central Florida market where a noticeable number of short-term rentals are being converted into long-term rentals. It seems like property owners are adapting to changing market conditions and perhaps seeking more stable, consistent income streams.

I wanted to reach out to the BiggerPockets community to see if anyone else is noticing similar shifts in their local markets. Are you seeing a move from short-term to long-term rentals as well? If so, what factors do you think are driving this change?

For context, in Orlando, we’ve seen fluctuations in tourism and a growing demand for long-term housing, possibly due to economic factors and changes in travel behavior. I’m curious if these are isolated trends or part of a larger pattern.

Looking forward to hearing your insights and experiences. Thanks in advance!

[John Litz]

In Reno Nv demand remains strong, we are over saturated as so many are. However being a great operator is still working well. The arbitrage crowd that watches pod casts saying how cheap and easy it is continue to try and fail only to sell off all that furniture they just bought. New folks also struggle looking for easy riches. STR is a lot of work but can get more in profits. LTR is so much easier but usually a lot less cash flow as well