Mid Term Rentals

[Christine Callaghan]

Hello Everyone,

I have a few single family properties in East Nashville rented with a typical annual lease and I'm trying to decide on whether to try the Medium Term Rental strategy.  Under the current regulations I don't qualify for a Short Term Rental permit so before I have the high costs of furnishing a property I was wondering if any of you guys have made the switch from annual to medium term and could share some insights.  I have listened to a couple of podcasts that show medium term option to be much more profitable, but those podcasts were not specific to Nashville.  I'd love to hear your opinion.  

Thanks so much 

Chris 

[Mason Weiss]

Hi Christine, start marketing your properties as furnished MTR rentals and see if their is demand. There is no other way to get confirmation unless you start marketing on Zillow, Airbnb, and Furnished Finder. You do not have to say yes to anyone, but use this simply as a guideline to determine profitability in your market.