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Tag: Short Term Rentals (2 articles found) - Clear Search

๐ŸŒŸStarting Your Co-Living Journey in Ohio: A Guide to Shared Living Success

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Co-living—once a niche concept—is now a thriving lifestyle choice for many seeking affordability, community, and flexibility. Whether you're a real estate enthusiast, a social entrepreneur, or just someone passionate about creating intentional living spaces, Ohio offers fertile ground for launching your own share house.

Here’s how to get started.

๐Ÿ  What Is Co-Living, Really?

Co-living is more than just roommates sharing rent. It’s a lifestyle built around shared values, communal spaces, and often, curated experiences. Think private bedrooms with shared kitchens, living rooms, and maybe even co-working areas. In Ohio, this can range from informal arrangements to structured group homes with services.

๐Ÿ“ Why Ohio?

Ohio is a hidden gem for co-living ventures. With its mix of affordable housing, vibrant small cities, and supportive business ecosystems, it’s ideal for launching a share house. Cities like Tipp City, Cuyahoga Falls, and Bowling Green offer safety, charm, and community—all essential ingredients for successful co-living.

๐Ÿงพ Legal Basics You Need to Know

Before you welcome your first housemate, make sure you’re on solid legal ground:

  • Occupancy laws: Ohio requires at least 70 sq ft per person in single rooms and 50 sq ft in shared rooms. Read More...


Short-Term vs. Mid-Term Rentals: Which is Right for You?

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When it comes to rental property investments, choosing between short-term and mid-term rentals can significantly impact your strategy, revenue, and management style. Both offer unique benefits and challenges, depending on your goals as a host or investor. Let’s break down the differences so you can decide which model best suits your needs.

Short-Term Rentals: The Fast-Paced Income Generator

What Are They?

Short-term rentals typically include vacation homes, Airbnb listings, and temporary housing for tourists and business travelers. These stays usually last anywhere from a single night to a few weeks.

Pros of Short-Term Rentals

โœ… Higher Revenue Potential – Nightly rates for short-term rentals tend to be much higher than traditional leases, which can result in significant income.
โœ… Flexibility – You can block off personal stays, adjust pricing based on demand, and change your rental terms more frequently.
โœ… Tax Advantages – In some areas, short-term rentals may qualify for special deductions or tax breaks compared to long-term leasing.
Read More...