Updated: May 20
What is midterm rental arbitrage? Is midterm rental arbitrage a thing? How do I start arbitrage with midterm rentals?
Prefer video? We got you covered. Check our out midterm rental playlist on YouTube.
If you prefer reading though, you can jump below this video for the full blog.
If you want are looking for a Midterm Rental book, we have you covered on that as well. It's called American Nomads, and you can buy it here.
Midterm Rental Arbitrage
WHAT DO YOU NEED TO KNOW ABOUT MID-TERM RENTAL ARBITRAGE?
Midterm Rentals have a lot of different names: month to month rental, Airbnb monthly rental, extended stays, traveling-nurse model. It is the same for mid-term rental arbitrage; it may go by any of those names, but it all means the same.
What is a midterm rental arbitrage? Similar to short-term rental arbitrage, this rental model relies on someone renting out a place long-term (usually at least a year). They then 1.) furnish and 2.) sublease the property to someone else for shorter time periods (30+ days or more, but usually not for longer than 4 months.)
How do I get into midterm rental arbitrage? You need your landlord's consent to sublease for month long blocks. They are not going to care if you are subleasing for longer than this, but you need the consent to do it for at least a month.
How do I advertise a midterm rental arbitrage? Similar to your short-term rental strategy and your midterm rental strategy, you advertise your midterm rental arbitrage on the midterm rental sites: Airbnb, VRBO or Furnished Finder.
How can we help with your medium-term rental model?
We've been operating multiple medium-term rentals since 2017, and many of our clients also prefer this model. Please reach out to either of us to discuss more.
We also offer consulting for Airbnb monthly stays and mid-term rentals. Learn more about mid-term rental consulting here.
BUY THE BOOK ON MEDIUM-TERM RENTALS.
That's right. There's a book that can help you with your medium-term rental strategy.
Available on Amazon, you can buy it here.