Short-Term or Long-Term? Let Data Decide!
If you’re thinking about renting out your extra place but torn between long term stability and short term adventure then know that you’re not alone. Deciding whether to go for a steady tenant or ride the wave of Airbnb bookings can feel like a guessing game. That is if you don’t have a nifty tool like ours to do the work for you. We’ve built something super cool that takes the guesswork out of the equation, giving you a clear answer in minutes. It factors in Airbnb fees, property managers, taxes, cleaning costs, and market trends, so you can see exactly what works best for your situation.
As you dive in, there are a few key things to keep in mind. Short term rentals often mean higher earnings per day, but they come with more work. Guest turnover is high, it requires cleaning, and seasonality fluctuations can be a drag. Long term rentals, on the other hand, offer predictable but generally lower income and don’t allow much flexibility. The right choice depends on factors like location, demand, and how hands on you want to be. That’s where analytics comes in – it considers all these elements and serves up an answer tailored just for you. It’s seriously magical. 🦄
Rent-O-Meter is at its “fresh out of the oven” stage right now and we are therefore offering it at a lower price tag while working on further automations and a more varied market coverage. Currently, it’s built on top of the Estonian real estate market, but country specific adjustments can be added upon request at no extra cost! Whether you’re just curious or ready to optimize your rental income, let us know and we’ll throw in a personalized tutorial for free.
More info in our Private Clients section.