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Updated about 1 year ago on . Most recent reply

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36
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Aditya Kohli
21
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36
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Thoughts on renting by room for a MTR for slow season

Aditya Kohli
Posted

Hey all, I have a STR/MTR in Tucson, AZ which is 3 Bed 2 bath house (with no pool ) and my bookings have completely fallen off because of the slow season. I was wondering if folks have rented their MTR by room for slow season. What additional measures we need to take in order to rent by room ? Any gotchas to do the same

Most Popular Reply

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83
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50
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Kyle Swengel
  • Rental Property Investor
  • Tucson, AZ
50
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83
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Kyle Swengel
  • Rental Property Investor
  • Tucson, AZ
Replied

All MTR demand has really dropped off in Tucson this summer. Even last summer was a lot better. Sounds like the travel contracts just aren’t being given out and there is way more options available on FurnishedFinder for travelers coming to the area. 
I rented by the room for a little bit and what I learned is the location and the room to bathroom ratio was really important. Also little things like door locks, assigning cabinet space, parking, and noise control were important. Also, a room rental a lot of the time needs to have some luxury items that draw attention like a hot tub, pool table, nice entertainment area, etc. 

I know a couple friends of mine that are also in MTRs are switching theirs to long term to get people in. It’s just not the same as it was the last couple years for the mid term people like us. 

Hope that things change but it’s looking like we might have to pivot to different strategies if they don’t. Im working on setting up contracts with companies and improving my marketing to get ahead again, but let me know if you find something that works. Best of luck! 

-Kyle 


  • Kyle Swengel
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