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Updated over 4 years ago,

Greg Todrank's profile image
Greg Todrank's profile image
Greg Todrank
Pro Member
  • Rental Property Investor
  • from Bloomfield, MI
  • Member since Apr 5, 2020
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User Stats

86
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33
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Greg Todrank's profile image
Greg Todrank's profile image
Greg Todrank
Pro Member
  • Rental Property Investor
  • from Bloomfield, MI
  • Member since Apr 5, 2020
Connect
Greg Todrank
Pro Member
  • Rental Property Investor
  • Bloomfield, MI
33
Votes |
86
Posts
Short-Term & Vacation Rental Discussions

How do you analyze STR different than LTR?

Greg Todrank
Pro Member
  • Rental Property Investor
  • Bloomfield, MI
Posted

I am looking at a property on Lake Michigan.  I have developed a schedule on the amount of time I believe it will rent per month -- less in the winter, more in the summer.

How do you determine nightly rate? What other factors do you use SPECIFIC for STR?

I don't believe I can rent this monthly for what I need to make it work financially.  Is that my answer?

  • Greg Todrank
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