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Updated over 1 year ago on . Most recent reply

User Stats

2
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Shatrice Cherry
  • Rental Property Investor
11
Votes |
2
Posts

MTR in Cincinnati, OH

Shatrice Cherry
  • Rental Property Investor
Posted

I just recently closed on a LTR and curious about the demand for MTR in the Cincinnati and Columbus Ohio areas. I would love to hear from anyone doing MTR in the area.

Things I’m looking to learn:

How much demand there is for MTRs and does the demand goes more thowrds smaller or larger properties. What kind vacancy rates do you see?

Where is the demand coming from? Traveling nurses, insurance placements, or etc.

What type of property is the most preferred for MTR tenants, Single Family, Duplex, or Apartments?

What are you using to find tenants? AirBnB, VRBO, ALE Solutions, Furnished Finder, Facebook Marketplace, or are you reaching out to local hospitals in the area?

And do you use management or are you self managing your MTR?

Thanks for taking the time to answer my questions. 

  • Shatrice Cherry
  • Most Popular Reply

    User Stats

    5,591
    Posts
    6,584
    Votes
    Remington Lyman
    #1 Multi-Family and Apartment Investing Contributor
    • Real Estate Agent
    • Columbus, OH
    6,584
    Votes |
    5,591
    Posts
    Remington Lyman
    #1 Multi-Family and Apartment Investing Contributor
    • Real Estate Agent
    • Columbus, OH
    Replied
    Quote from @Shatrice Cherry:

    I just recently closed on a LTR and curious about the demand for MTR in the Cincinnati and Columbus Ohio areas. I would love to hear from anyone doing MTR in the area.

    Things I’m looking to learn:

    How much demand there is for MTRs and does the demand goes more thowrds smaller or larger properties. What kind vacancy rates do you see?

    Where is the demand coming from? Traveling nurses, insurance placements, or etc.

    What type of property is the most preferred for MTR tenants, Single Family, Duplex, or Apartments?

    What are you using to find tenants? AirBnB, VRBO, ALE Solutions, Furnished Finder, Facebook Marketplace, or are you reaching out to local hospitals in the area?

    And do you use management or are you self managing your MTR?

    Thanks for taking the time to answer my questions. 


     I have 11 airbnbs in Columbus, Ohio. They are all STRs but I sometimes get people that rent it out for months at a time. I have very little vacancy.

    There is a huge demand for it in Ohio

    • Remington Lyman
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    Reafco
    5.0 stars
    12 Reviews

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