How should appraisers approach short-term rentals?
DataMaster
JUNE 15, 2023
Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. While STR Income is allowed on the borrower’s income statement, the market rents for the collateral still needed to be based on longer-term leases. This is creating significant friction in the lending environment.
Let's personalize your content