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Updated about 1 year ago on . Most recent reply

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8
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4
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Nidja Bell
4
Votes |
8
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MTR in Baltimore?

Nidja Bell
Posted

Currently rehabbing a home in 21214 area code. Nice neighborhood. Property is a duplex. I was thinking to furnish the units and put it on furnished finders since I can't get a STR license in Baltimore with the home under my LLC. Property is about 20 minutes from Hopkins. Is this a smart move or should I consider other options? Any advice on what would be a better route is highly appreciated!

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98
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61
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Sean Monahan
  • Real Estate Agent
  • 21224
61
Votes |
98
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Sean Monahan
  • Real Estate Agent
  • 21224
Replied

Hi Nidja.  I own a few MTR's in Baltimore.  Russel listed the neighborhoods most in demand.  If this were me I would test the market and list one as a long term rental and furnish the other and list it to test the market.  I'm not sure the numbers you have to give the best advice.  If you do decide to list and target travelers, you may have luck targeting the travelers that are going to the medstar facilities in that area.  I know they have a good amount of travel nurses. 

  • Sean Monahan
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