Benefits of Investing in Short-Term Rental Properties with our parent company, The Renart Group:
1. Highly Lucrative: You may be able to generate higher returns with vacation rentals than long-term rentals. Typically, you will generate more rental revenue with a well-performing vacation rental. Annual ROIs can go from 14% to 18%.
2. Home appreciation: Higher priced properties in desirable locations tend to appreciate more than your run of the mill long-term rental property.
3. Tax benefits: You may enjoy tax deductions related to mortgage payments, property taxes, rental income, insurance premiums, and so on.
4. High Demand and Marketing Potential: With the amount of vacation rental listing sites available, not only is it easy to market your property to potential vacationers, but there is also a growing amount of demand for vacation rentals.
5. Hands-off home ownership: LFR's Concierge is a full-service from inception to management. So, you can enjoy all the benefits of an STR investment—with none of the hassles.
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