We often meet people eager to buy a condo specifically for short-term rentals. So, here's the deal: The not-so-great news is almost all condos in Minneapolis don't allow it. But don't lose heart—there's one option out there that does. So, it's not all doom and gloom!
Why Invest in Short-Term Rentals
We chat with people all the time who are interested in owning a Minneapolis condo as a second home or what some like to call an "urban cabin." Not everyone's excited about juggling two mortgages—especially now that we've hit the highest mortgage rates since the early 2000s. That's where short-term rentals come in. You get to have your condo and make money from it too. You use it when you want, and the rest of the time, it's making cash for you.
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