As the Republican National Convention nears, local homeowners look to cash in.

In Milwaukee, anticipation for the upcoming Republican National Convention is not only stirring political excitement but also sparking a rental gold rush among local property owners. With the city set to host thousands of visitors for the event, many residents see a lucrative opportunity to rent out their homes.

Local homeowner Emily Hanson shared her plans to leverage the influx of visitors. “I am going to rent out my three-bedroom house. I can make more in one week than I usually do in a month,” Hanson said, reflecting a common sentiment among locals eyeing the economic benefits of the event. Indeed, Hanson’s strategic decision underscores a wider trend across Milwaukee’s neighborhoods.

Real estate experts note that such opportunities are not just limited to the duration of the convention. “There are also the people who come to set up, tear down, and handle other logistics who need places to stay,” said Tom Barrett, a local real estate agent. Barrett emphasized that the demand extends beyond the immediate days of the convention, potentially benefiting homeowners for weeks.

Furthermore, city officials are optimistic about the broader economic impact. Milwaukee Mayor Cavalier Johnson stated, “The RNC is expected to have a $200 million economic impact on the city,” highlighting the substantial financial benefits anticipated from this large-scale event.

Despite the enthusiasm, some residents express concerns about the transient influx and its implications for neighborhood security and daily life. Nonetheless, many like Hanson are focusing on the economic upside, preparing their properties to welcome guests from across the country.