In the past I exclusively dealt with long-term leases, then realized my business was not diversified. Your portfolio will thank you not only for having different property types, but also for having different lease terms. Short-term rental companies like Airbnb, VRBO and Outdoorsy have transformed the sharing economy. Are you tired of waiting until the beginning of the month and hoping that your tenants are able to pay? Short-term rentals allow you to get paid upfront and better control your cash flow. Passive income should mean being able to make money at anytime...and from anywhere. Virtually working shows you how to purchase your first vacation rental.
