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Short Term vs. Long Term Lease – What is the Difference in Northern California?

Short Term vs. Long Term Lease – What is the Difference in Northern California?
By Roger D. Eagleton - Friday, February 22, 2019


If you’re thinking about a short term vs. long term lease, you need to understand the risks and benefits of both. Typically, short term rentals are for things like Airbnb or Vacation Rental by Owner. They are basically a few weeks to a few months in length, versus a long term rental which is anything from 12 months to two years or even longer.

Property Management Burlingame: Short Term Rentals

Short term rentals are usually fully furnished. The owner is often someone who is out of the country for a short period of time, or they’re not sure what they want to do with the property. In many cases, they haven’t decided if they want to rent it out or sell it.

Short term rentals can work, but you have to think about your goals with the property. In short term rentals we tend to see more wear and tear on the property, which could be problematic, especially if you’re leaving the furnishings in the property. You do need to keep it furnished because most people looking for short term rentals don’t want to spend the money or time to bring in their own items for three weeks or a month or two.

If you’re the owner and you have nice furnishings, the last thing you want to see is that someone is not taking care of your property. A lot of times, it’s not worth the few thousand dollars of income to lose items that are worth more than that.

Property Management Burlingame: Long Term Rentals

The focus of Five Star is really on long term rentals of 12 months or longer. Those type of rentals are unfurnished, and they are properties where the owner knows this is an investment property that they plan to have for at least a couple of years. They plan to maximize their rental income and the value of the property. The best way to obtain that goal is with long term rentals and tenants. We make sure rent increases are built into that plan. If you’re a serious investor, long term rentals are the best way to go.

For further questions or a discussion of additional pros and cons, please contact us at Five Star Property Management. We’d love to talk more about Burlingame property management.

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Roger D. Eagleton
President / Broker
Looking for a property management expert who can take your rental properties to the next level? Look no further than Roger D. Eagleton, a true seasoned professional with a diverse background in real estate. After earning his degree from California State University, Bakersfield, Roger began his career in the real estate industry with several national banking and lending institutions, sharpening his skills in real estate finance. He later founded Energy Real Estate and Five Star Property Manageme...
Looking for a property management expert who can take your rental properties to the next level? Look no further than Roger D. Eagleton, a true seasoned professional with a diverse background in real estate. After earning his degree from California State University, Bakersfield, Roger began his career in the real estate industry with several national banking and lending institutions, sharpening his skills in real estate finance. He later founded Energy Real Estate and Five Star Property Management and has since been committed to providing his clients with the highest quality property management and real estate services. With an extensive knowledge of residential income property, Roger is well-equipped to take on the unique challenges of managing rental properties. He works closely with private investors and court-appointed conservators to ensure that fiduciary properties are managed to the fullest potential. He also has a wealth of experience managing single-family homes, apartment buildings, and commercial properties and holds a California Real Estate Broker’s License, BRE# 01791264. But Roger's expertise doesn't end there. He is also a championship-winning professional race car driver, who used his platform to give back to the community through various philanthropic activities and charities around the greater bay area, including serving as a driving coach for NASA’s Teen Car Control Clinic. He understands the importance of safety, and his coaching has helped new drivers improved confidence and experience on the road which ultimately saves many lives. When you partner with Roger and his team, you can trust that your rental properties are in the hands of an experienced and dedicated professional who always prioritizes the investment goals of his clients. With Roger's knowledge, experience, and passion, you can rest assured that your rental properties will be managed to the highest standard, maximizing returns and minimizing headaches for you as the owner.
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