Why not consider adding short-term rentals to your real estate investment holdings in Omaha or Council Bluffs? The new trend that has been going on for several years now and is exploding since the pandemic has ended in renting houses for the short term vs staying in a hotel or resort. If you’re interested in building a healthy real estate portfolio and realizing fantastic investment returns. In that case, there’s no better time than the present to begin your journey into buying short-term rental properties in Omaha or Council Bluffs. So read on as we explore the reasons why you can’t wait to buy short-term rentals in Omaha or Council Bluffs.
Demand
Short-term rentals offer a more private setting for travelers, family vacations, and other possible uses. There has always been a demand for short-term rentals. Hotels and resorts were the go-to places to stay in the past. However, because of the last two years and the onset of the pandemic, the demand for short-term rentals in Omaha, Council Bluffs and the metro area has risen, and the trend will continue to grow, which is another reason you shouldn’t wait to buy a short-term rental in Omaha or Council Bluffs. Because of the frequent turnover of guests and not having a 12-month long-term renter, adjusting your rates to current competitive rates in real-time is more manageable. Professional local home buyers like those at Harter Investments have built their careers locally and know the Omaha and Council Bluffs real estate market. At Harter Investments, our professional local cash home buyers can help you find the best location to fit comfortably within your budget.
Potential
The higher income potential from short-term rentals that are offered from the investments in this market sector is one of the reasons you shouldn’t wait to buy a short-term rental in Council Bluffs or Omaha. Short-term rental properties offer higher returns than long-term 12-month leases, especially with the availability of dynamic pricing during holidays, special events, or tourist seasons when rates always increase based on demand for short-term housing. Naturally, the better the location, how the house is kept and the amenities offered with the short-term rental, the more tenants are willing to pay to stay. Short-term rental properties also offer potential for additional income streams from special fees, such as those for allowing pets, special allowances for a variance from the standard check-in our check-out time, or personal service requests and cleaning fees. Professional cash home buyers in Omaha and Council Bluffs like those at Harter Investments can help you determine the right rates by looking at competitive properties in the same area.
Diversity
Short-term rentals in Omaha or Council Bluffs offer an excellent investment vehicle to add the security of diversity to your real estate holdings, another reason you shouldn’t wait to buy a short-term rental in Council Bluffs or Omaha. There are three types of short-term rentals to consider, the most commonly known being vacations or residences for extended stays for business, such as traveling executives, or personal matters, such as medical procedures over several months. There is also a demand for short-term rentals over several hours or days for weddings or special events such as conventions, banquet halls, or outdoor areas with facilities for larger gatherings. Finally, businesses may seek short-term properties to open temporary offices or other creative enterprises in Omaha or Council Bluffs. Professional cash home buyers like those at Harter Investments can help you reach your target market.
Wear and Tear
Because your short-term rental residents aren’t living in the property permanently, there tends to be far less wear and tear on appliances, furnishings, flooring and surfaces like countertops making cleaning and maintenance easier. With less wear and tear maintenance and upkeep is less. In addition, investing in energy efficiency and more durable finishings can further improve your returns. And, because you’ll have your eyes on the property more often due to the shorter-term rental period, you’ll have the advantage of catching minor issues before they become majorly damaging emergencies that make the repair much more expensive. These cost savings add up over the years and are another reason you shouldn’t wait to buy a short-term rental in Omaha or Council Bluffs.
Time
Our final reason you shouldn’t wait to buy a short-term rental in Omaha or Council Bluffs? The clock is ticking, and in real estate, more time invested equates to wealth through appreciation over time. Added to the benefit of holding a tangible asset are the tax benefits and the passive income stream you can create to comfortably carry you through your retirement years. While dependent upon market conditions, with proper management, investors earn an average of two to three times more in rental fees than long-term properties, which is a highly motivating reason to invest in short-term rental properties. Does there need to be anything more said about investing in short-term rentals? At Harter Investments, you’ll have access to our top-notch property management team, who can help you handle everything it takes to make it easy for investors like you to sit back and enjoy your passive income of short-term rentals in Omaha or Council Bluffs.
Professional home investors at Harter Investments can help you understand why you shouldn’t wait to buy a short-term rental in Omaha. The professional investors at Harter Investments are investment specialists who can help you learn the ropes of short-term rental properties to create a reliable passive income stream to build your real estate portfolio. Teamwork is the key to success in anything you want to accomplish, and at Harter Investments, our investors benefit from our full-service in-house team of industry specialists, which takes you from locating potential short-term investments to closing on your short-term rental investment in Omaha or Council Bluffs. Ready to learn more about how short-term rentals can help fortify your real estate investment portfolio, then talk to one of the professional home buyers at Harter Investments today without any obligation. At Harter Investments we’re happy to answer your questions or concerns about getting started in this lucrative sector of short-term rental investing. At Harter Investments we make success easy, from financing your investments to locating the best short-term investment properties, we’re your full-service team. Call Harter Investments at 402-939-6556 or visit www.harterinvestments.com