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Updated 12 days ago, 11/14/2024

User Stats

15
Posts
4
Votes
Nick Rivers
Pro Member
  • Rental Property Investor
  • Boston, MA
4
Votes |
15
Posts

Turning LTR into a mid or short term? Do I need to furnish?

Nick Rivers
Pro Member
  • Rental Property Investor
  • Boston, MA
Posted

I have a unique property, it's a 4 bedroom home with a lower level having a few small commercial offices and then there's a 22x35 oversized garage.  I'm having trouble finding a tenant that I feel comfortable leasing the space to. It would be perfect for someone running their own business and wants to live on site.    I'm considering making this property into more of a mid term rental as an interim spot for people that may have experienced a flood, fire or are moving or renovating and need an interim space.  It has it's own storage facility pretty much with the garage.  I'm just curious should I furnish the place or just keep it empty and people can move their own stuff in and just drop the minimum lease duration to 3 months?   Where do people market Mid term rentals like this?  Connect with an insurance agency or something?   Curious if anyone has thoughts or advice on this. Thanks

  • Nick Rivers
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