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When Covid hit, she started doing mid-term rentals and now prefers them over short- and long-term stays. "I was getting burnt out on short-term rentals," said McIntyre, who had also started investing in St. Louis, Missouri. That's why she calls mid-term rentals the "sweet spot" in real-estate investing, since they're still easier to manage than short-term rentals and produce better cash flow than long-term rentals. "Often, when people are investing in long-term rentals, they're okay with $100 to $200 a month in profit per unit," she said. The bookkeeping is easierA mid-term rental is much simpler to run than a short-term rental on various levels.
Persons: Zeona McIntyre, Covid, McIntyre, they're, didn't, Airbnb, she'd, They're Locations: Boulder , Colorado, Florida, St, Louis , Missouri, Honolulu, Aspen , Colorado
When Covid hit, she started doing mid-term rentals and now prefers them over short- and long-term stays. "I was getting burnt out on short-term rentals," said McIntyre, who had also started investing in St. Louis, Missouri. That's why she calls mid-term rentals the "sweet spot" in real-estate investing, since they're still easier to manage than short-term rentals and produce better cash flow than long-term rentals. "Often, when people are investing in long-term rentals, they're okay with $100 to $200 a month in profit per unit," she said. The bookkeeping is easierA mid-term rental is much simpler to run than a short-term rental on various levels.
Persons: Zeona McIntyre, Covid, McIntyre, they're, didn't, Airbnb, she'd, They're Locations: Boulder , Colorado, Florida, St, Louis , Missouri, Honolulu, Aspen , Colorado
Morgan Stanley economists see a stronger housing market cycle and interest rates being cut in 2024. Luckily, Morgan Stanley strategists think the housing market is finally reaching a turning point. That will mark the end of the current craziness and the beginning of a new housing market cycle. As for the US industries and stocks connected to the housing market, Wilson noted that tomorrow's market will bring about different winners and losers. Higher interest rates mean higher mortgage rates, and higher mortgage rates mean lower demand for mortgages.
Persons: Morgan Stanley, Mike Wilson, Wilson, homebuyers, there's, isn't, Morgan Stanley Wilson Organizations: Housing Locations: homeownership, rentership
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