There are no precise dates for when this cohort starts or ends; demographers and researchers typically use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years. Vacation rental contracts are essentially short-term leases drawn up between a property owner and a renter who wishes to use the property for a short period of time, namely the length of their vacation. According to Bailey Richert, an eHow Contributor, Rachel states that your rental contract serves as a legal agreement between the two parties and therefore must be carefully worded to protect.
- The fastest moving and hottest growth in real estate for 2017 is investing in short term rentals. It’s becoming more popular because of the popularity of the listing site Airbnb.
- Short-term rental, or vacation rental, is the renting out of a furnished home, apartment or condominium for a short-term stay, usually on a weekly basis, sometimes nightly.
- A property investment in a popular tourist, business or university district is a great candidate for a short term rental cash flow opportunity.
“The fastest moving and hottest growth in real estate for 2017 is investing in short term rentals.”
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