MTR by the room

[Urpi Arriola]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $358,000
Cash invested: $17,000

4bed/3bath - rent by the room with a MTR strategy.

[Urpi Arriola]

Hi Aaron, 

The house is 4 bed so it made sense to try it. Each door has a digital lock, along with the front door. I list it in airbnb and Furnished Finders, if they reserve from Airbnb all the instructions are given to them through Airbnb. If have inquiry from Furnished Finder, I have an email ready to send them with next steps, usually with background check and information to send deposit, first months rent, etc. and once they agree, i'll send them the door codes. Most of the people from Airbnb actually stay a few months at a time, I have monthly rates to encourage people stay for a month. Been working out great so far :) this is in OKC and I have one in Fresno, CA. OKC is performing a lot better.