› Flat Chat Strata Forum › Living in strata › Last word on new short-term letting laws › Current Page
Fo
@JimmyT said:
@Listohan said:
Can someone please explain. What rent loadings apply to short-term whole apartment letting, to makes it attractive.It depends where you are but if you are in an area that’s popular with tourists, you can double your rental income by renting your property for eight months of the year to permanent residents then put tourists in for the summer months.
Four month lease(s) to locals followed by a full house for the rest of the year? That does not sound attractive to an old time landlord when the management hassle free life of keeping a permanent tenant “permanently”, even at a lower gross rent, is the alternative does not sound attractive.