Is it really possible to charge 2 to 2.5 times more for furnished MTR compared to LTR

[Lily Wang]

Hi, I've listened to some episodes of the Landlord Diary, and many hosts mention that when they do rental arbitrage, they price their properties at 2 to 2.5 times the base rent. This seems unrealistic to me. After checking the Houston market, I've found that rents are typically only 30% to 50% higher than long-term rental rates, which makes rental arbitrage seem less viable.

I'm wondering if these hosts might be exaggerating their profits to sell their expensive courses. Any insights you could share on this would be greatly appreciated.