A common myth about short-term rental properties is they bring down property values. The opposite is true! Data shows STR’s support and even raises property value. According to a report, 70 percent of STR owners say they use their STR income to make improvements and upgrades to the rental home to maintain desirability to renters. Maintaining the condition of your home and keeping tabs on the development of your neighborhood secure a value rise in your property. When you’re ready for a deeper dive into property value analysis, don’t hesitate to reach out to us for a consultation.
