Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

3
Posts
0
Votes
Tony W.
0
Votes |
3
Posts

STR/MTR rentals via a management company vs LTR rental

Tony W.
Posted

Sorry if this is a repeat question, but I could not find a match to my specific situation. 

I have a rental property halfway between San Francisco and San Jose in the center of the Bay Area (i.e. Silicon Valley). I am considering two strategies. The first is renting out my house to a company that, will in turn, rent it out in a mix of MTR and STR. The way the company works is as follows. For MTR I think they rent out rooms to companies that need to have employees in the area for a month or two. And for STR they use Airbnb and other such things. My other options is traditional LTR to a family or a group of people. In both cases I am only dealing with a tenant on a long term basis. And in both cases, I would be renting the property for the same amount. So I am not capturing any of the upside of the MTR/STR strategy. So the question is not about income, the question is more about hassle, wear on the property, damage and other such things.

Most Popular Reply

User Stats

162
Posts
43
Votes
David S.
  • Investor
  • Bay Area, CA
43
Votes |
162
Posts
David S.
  • Investor
  • Bay Area, CA
Replied
Quote from @Tony W.:

Sorry if this is a repeat question, but I could not find a match to my specific situation. 

I have a rental property halfway between San Francisco and San Jose in the center of the Bay Area (i.e. Silicon Valley). I am considering two strategies. The first is renting out my house to a company that, will in turn, rent it out in a mix of MTR and STR. The way the company works is as follows. For MTR I think they rent out rooms to companies that need to have employees in the area for a month or two. And for STR they use Airbnb and other such things. My other options is traditional LTR to a family or a group of people. In both cases I am only dealing with a tenant on a long term basis. And in both cases, I would be renting the property for the same amount. So I am not capturing any of the upside of the MTR/STR strategy. So the question is not about income, the question is more about hassle, wear on the property, damage and other such things.

Has the company been doing this a long time and is reputable? If so, I would be inclined to give this a try since California keeps changing the rental laws in favor of the tenant. In fact, can you share the name of the company since I am thinking of trying the MTR/traveling nurse route with one of our vacant apartment units in San Francisco.
 

Loading replies...