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All Forum Posts by: Katy Perrier

Katy Perrier has started 1 posts and replied 2 times.

Post: STR to MTR --- Not Sure What To DO!!!

Katy PerrierPosted
  • San Luis Obispo, CA
  • Posts 2
  • Votes 2

Thanks for the feedback everyone! My spouse and I agree that we want to take the risk and see what the main season will bring us. We will keep this property as an STR and stay the course!

Post: STR to MTR --- Not Sure What To DO!!!

Katy PerrierPosted
  • San Luis Obispo, CA
  • Posts 2
  • Votes 2

Hello,

I've got a short-term rental that just got up and running a few weeks ago. Things are going well as we head into the main season. But we just got an inquiry from a family to rent it for 3 months. We are interested in medium term rentals, but we didn't expect to get a request like this for our STR. We've done the math and know that we wouldn't make as much money on the MTR as the STR, but that assumes a good summer season, which we think will be strong in our area. Anyways, looking for some advice--should we go with the security of the MTR? Or should we test the main season to see how well we would do with the STR? (Keep in mind that this is our first season so we don't have numbers for what we can expect to make from the STR.)