Airbnb and other short-term rental websites have changed the rental game in a big way. Now it’s easier than ever to rent out a house or apartment for a night, a weekend or even longer. That said, short-term rentals aren’t always the best way to go. It all depends on what kind of property you have and what kind of landlord you want to be. As a general rule, long-term rentals are my income property of choice, but like with most things, there are pros and cons to each.
Scott McGillivray is a real estate expert and host of HGTV Canada's Income Property and Moving the McGillivrays.
Photo Credit: Buyers Bootcamp
Photo Credit: Buyers Bootcamp
Photo Credit: Getty Images
Photo Credit: Getty Images
Photo Credit: Getty Images
Photo Credit: Getty Images
Photo Credit: Getty Images
Photo Credit: Getty Images
Photo Credit: Getty Images
Photo Credit: Getty Images
Photo Credit: HGTV Canada
Photo Credit: HGTV Canada
Photo Credit: McGillivray Entertainment
Photo Credit: McGillivray Entertainment