Many real estate investors use Zillow rental data to inform their decisions. But is it the best application out there? Let us find out.
Rental Strategies
There are two main rental strategies in real estate investing: the traditional rental strategy and the short-term rental strategy. The traditional strategy, also known as the long-term rental strategy, is when a real estate investor buys a rental property and rents it out to a tenant for long periods of time- typically 6 months or more. This allows for a more consistent and stable rental income and rental property management is less hands-on. The short-term strategy, also known as the Airbnb rental strategy, is when a real estate investor buys a rental property and rents it out to guests anywhere from 1 night up to a few months. Even though the rental income is less consistent, Mashvisor’s data shows that Airbnb investment property usually brings a higher return on investment. This is because investors can charge more per night with Airbnb rentals. But which one is right for you: an Airbnb investment vs a Traditional investment? Keep reading Mashvisor’s blogs to decide.
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