Airbnb’s business is booming — and rates are rising
Investing in Miami Short-term Rentals
The city attracts massive amounts of visitors at any time of the year. You’ll never run out of short-term renters in this bustling tropical oasis.
But Miami’s diverse economy and easy access to international markets also make it a gateway to foreign business. It’s a veritable mecca for housing and real estate investment. According to real estate investing advice company MillionAcres, the city attracts lots of highly educated, high-income professionals like doctors, lawyers, bankers, financial consultants, and investors. They come either to visit, work, or play, with some eventually settling.
All of those folks need furnished rentals in Miami, whether for short, medium, or long-term stays.