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Scaling Short-Term Rentals: From One Room to 20+ Properties

Hospitable

Becoming a Short-Term Rental Host Waigwa says that his short-term rental journey started in 2012. He worked as a software engineer and rented a two-bedroom flat in London. Since the rent was high and the income he earned as a junior developer was insufficient, Waigwa began searching for ways to earn extra money to cover the rent.

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2024 Annual Rental Housing Report Key Takeaways

Rental Choice

However, rent growth for apartments with professional management fell during the third quarter (Q3) of 2023. Only 1% of the markets reported a rent growth of 10% in Q3 of 2023. million) spent over 30% of their income on utilities and rent. This maximum rent is affordable to those in the $24,000 annual income bracket.