What should I expect in terms of income when investing in a nightly rental property?
The income from a nightly rental property can fluctuate significantly. For example, certain months might bring in enough income to cover two or three months’ worth of expenses, while other months might be slower. This is different from long-term rentals, which provide a consistent monthly income. It’s important to be prepared for these fluctuations and have a financial plan in place to manage them.