Short-term rentals are hot right now – as well as controversial. In her latest podcast, Kathy Fettke discusses several new startups that turn vacant apartment units into quasi-hotel rooms until they can be rented out. In other words, making an empty unit contribute to the bottom-line (via Airbnb) until the next occupant moves in.
“WhyHotel started experimenting with the idea near Washington, D.C. during the Trump inauguration. The company anticipated a lodging shortage and provided 50-furnished units in a 22-story apartment building called “The Bartlett” in Arlington’s Pentagon City. They were ready by January 13th, in time for the big event.”
Click here to read more on RealWealthNetwork.com.