Most short-term rental investors are aware of Airbnb and Vbro, but if you are new to this market we have some great information to share. For those new to vacation rentals and “short-term” rentals, Airbnb and Vbro are short-term rental services that allow people to rent their homes for a short period of time. The short-term rental market is growing quickly and investors with short-term rental loans are keen to scoop up the extra profit.
Airbnb is a website that allows people to list their homes or rooms for rent, while Vbro is an app that helps users find properties with the best reviews in the area.
Some people who use these services like to use them as a way of earning extra money on the side. However, there are also those who use them as an alternative to hotels and other accommodation services when they are traveling.
Investors with short-term rental mortgages however may not be aware of the abundance of options awaiting for them.
Why Should You List in Alternative Short-Term Rental Sites?
Short-term rental loans are becoming popular for those investing in the vacation rental market and short-term business lodging. Short-term rental sites have become a popular way for property owners to generate additional income. These sites allow the property owner to list their property for rent and then receive all of the profits from the rental.
Web sites that allow you to list your property spend money on advertising so you don’t have to. Adding your short-term rental on multiple sites exposes you to the combined advertising budget of each of those companies. It’s like owning your own advertising agency for free. Be mindful that some websites may have a competition clause in the contract when you signup but as long as you are diligent in maintaining your booking calendar, the occupancy rate can only increase.
What are the best Airbnb & Vbro alternative websites?
There are many alternative websites to Airbnb & Vbro. But some of them have been proven to be better than others. The best ones are going to be the ones that cater to your type of desired clients. Are you looking for vacationers or traveling business people? Are you focused on renting a large home for families or just interested in renting out a cabin or tent? All these things should be taken into consideration so we will provide a nice list for you to review.
List of new popular Airbnb & Vbro alternative websites:
Ok so you see this huge market growth and want to know more about growing your portfolio, here is where RentalHomeFinancing.com can help.
SHORT TERM VACATION RENTAL PROPERTY LOAN
3/1 ARM – NO Balloon Payments EVER
5/1 ARM – NO Balloon Payments EVER
30 year fixed - Fully amortizing
NO Limits on the number in your portfolio
The Short Term Rental Property can be vacant without a long term lease that would historically be required to support traditional 1.2x DSCR (Debt-Service-Cost-Ratio) or 85-90% property based DTI (Debt-to-Income) requirements. We do not ask for tax returns or W-2's.
Pricing variables are based on Zip code, LTV, Credit Score(s), Loan Size, Number of Units, Rate & Term & Purchase, Term Refinance or Cash out.
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Also, as DSCR loan specialists, we are currently authorized to make such loans in most all areas of the United States. Specific circumstances will determine whether we have the ability approve/close portfolio rental home loans in your state(s). When you are ready to get a mortgage for rental property, we are ready to serve you.