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Updated about 6 years ago on . Most recent reply

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12
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James Phan
  • Honolulu, HI
0
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12
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Short term rentals sites besides Vacation rentals.

James Phan
  • Honolulu, HI
Posted

Hello my BP community,

Does anything have any suggestions on websites/apps that connects landlords and short-term tenants? (besides vacation rentals)

Will be 30-day minimum.  I've came across some ideas on this forums such as international student housing, medical profession contracts, travel assignments... etc...   I've googled these subjects, but a ton of different websites show up. Hoping if anyone has suggestions to expedite my search....

The reason being...

I currently own a condo rental property that's renting out at $2100 a mo. My mortgage is $1900 + 650 maint. fee. Approx. 2550 per month. Everything month this property is giving me a loss at $450 a month.

Before this, I was able to gross 5k a month with this unit as a vacation rental. Without getting into detail I was able to net a handsome profit each month. But... 6 months ago, my association starting cracking down on short-term rentals and it has forced me to find a long-term tenant immediately to cover my mortgage. As with my long term-tenant, its unfortunately been at a negative cash flow for this time being....

Thanks!

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