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Medium-Term Rentals
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Updated over 1 year ago on . Most recent reply

User Stats

34
Posts
21
Votes
Samantha Springs
  • Investor
  • Los Angeles, CA
21
Votes |
34
Posts

Medium-Term Rentals in Detroit

Samantha Springs
  • Investor
  • Los Angeles, CA
Posted

Hello, I am looking to connect with investors that own or work with medium term rentals in Detroit. I will be visiting in early November to assess market viability and would love to talk with anyone with experience in this market. Thanks!

Most Popular Reply

User Stats

333
Posts
326
Votes
Andrew Bosco
  • Rental Property Investor
  • New Hampshire
326
Votes |
333
Posts
Andrew Bosco
  • Rental Property Investor
  • New Hampshire
Replied

Hey @Samantha Springs - it's best to prep yourself before you go. Here are some resources to help you assess any market; 

  1. Furnished Finder - General MTR Data
    1. Furnished Finder Traveler Search - manual way to see the competition
    2. Furnished Finder Budget Tool - Good overview of market. Similar to A, but with stipend input
  2. Rabbu (good for STR)
  3. AirDNA - another good STR outlook
  4. Rentometer - area rent LTR
  5. Zillow (area specific)- Housing Data Demand - LTR/General Demand
  6. Price labs - set filters to 30 day stays / include utilities. Good idea of MTR comps
  7. Local news on economic growth. Contact Hospitals/Government Bases/Companies directly
  8. Section 8/HUD (LTR)
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Andrew Bosco - Team Granite & Pine - Candor Realty
5.0 stars
21 Reviews

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