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Updated 11 months ago on . Most recent reply
How do you analyze deals for MTR?
How do you analyze deals for MTR?
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Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
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#5 Medium-Term Rentals Contributor
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- Youngstown, OH
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Nicole Heasley Beitenman
#5 Medium-Term Rentals Contributor
Pro Member
#5 Medium-Term Rentals Contributor
- Investor
- Youngstown, OH
I do and I don't. I primarily focus on running the numbers as an LTR because, short of selling, that's my ultimate exit strategy. If it works as an LTR, any additional profits that are possible as an MTR are cherries on the sundae. I do run a quick analysis with the additional expenses (cleaning, utilities, etc) and the most conservative monthly MTR rents I can expect just to be safe, but my focus is really on that LTR analysis.