Mid-term rentals are properties rented for more than one month but less than twelve. They are ideal for guests needing temporary housing for more than a few weeks but not interested in long-term leases.
Mid-term rentals can be beneficial for traditional investors as they command higher rents than long-term rentals. If you're considering moving away from long-term rentals but unsure about short-term rentals, mid-term rentals may be the way to go.
Mid-term rentals are popular in densely populated cities and college towns, as well as in areas with seasonal work, such as agricultural fields. They are ideal for individuals and families in transition, offering stability while house hunting without being tied to a long-term lease agreement.
Mid-term rentals appeal to temporary residents such as tenants moving to a new city, traveling nurses, students, digital nomads and professionals. These rentals provide flexible living arrangements for individuals traveling for various reasons, such as work, education, or exploration. and business opportunities.
This living arrangement is common among travel nurses, digital nomads, and business professionals on assignment.
Biljana Gallardo LL.B., Broker, Realtor®
Biljana Gallardo LL.B., Broker, Realtor®, LHC®, SRES®, RSPS®, SFR®, C.P.R.E.S.® Broker/Owner CA DRE # 02008376
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