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Updated over 1 year ago on . Most recent reply
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Inquiry about MTRs
I have saved $95,000 cash.What markets is best for Mid term rentals now in the USA?? I am thinking of Houston to start.
what kind of property is best for MTRs, condos, House,Duplex or Apartments??
thanks..
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Quote from @Bonnie Low:
That's quite an accomplishment! I'm curious why you're focusing specifically on MTRs. I love them, personally, but what is making you want to focus there? MTRs are SO broad you could go a lot of different directions. I also know a lot of people who have that kind of down payment would be looking at higher cash flowing STR options. What is your criteria? What are you looking for your properties to do for you?
Thanks for your reply, I specifically need a cash flow asset probably long term hold, this is my first real estate investment and wanted something less risky. I have been the studying real estate business in the last five years. I don't want a personal house ,I want a cash flowing asset as investment property.