When it comes to renting an apartment, there are two types that you can choose from depending on your situation long term apartment rental and short term apartment rental. Regardless of the type of leasing, both the lessor and the lessee can experience some degree of advantage and disadvantage.
If you are planning to go on a vacation or do not really have any intention of staying for a long time in one place, then short term apartment rental is for you. You can also opt to go for a motel or hotel if you have the budget or if your stay would not be for more than a week. On the other hand, if you see yourself having to stay for a few years in one place, then you might have to consider going for a long term rental.
On the other hand, if you are the landlord, short term rentals could mean being able to take advantage of peak seasons. This is aside from the fact that you do not have to worry about too many real estate jargons and technicalities. With a short term rental, your lessee can move in and move out without much of a hassle. However, you have to make sure that you have enough funds to have your property advertised every now and then.
Oftentimes, short term apartments New York has are already fully furnished. As a tenant, this means that you would not have to worry about buying furniture pieces that you would need to sell in a few months' time since you would need to move away. On the other hand, if you find yourself getting a short term rental that has a high turnover rate, you might find yourself having to contend with furniture pieces and a place that is already worn down and worn out.
For landlords, fully furnished short term apartments New York has would mean having to regularly check whether the furniture pieces are still okay. If he or she has a high turnover rate, this could mean additional expense just for the upkeep of the place.
Although living in short term apartments NYC has might mean having the flexibility to move in and out whenever you wish to, it could also mean that the landlord can terminate your stay by simply giving you a 30-day notice.
