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Updated over 1 year ago,

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Don Konipol
Lender
Pro Member
#1 Investor Mindset Contributor
  • Lender
  • The Woodlands, TX
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My LIMITED experience with MTR

Don Konipol
Lender
Pro Member
#1 Investor Mindset Contributor
  • Lender
  • The Woodlands, TX
Posted

I emphasize LIMITED because the only experience I have is five  high rise condos I owned in the Phoenix area 2012 - 2021

Phoenix is famous for rental demand Oct - March, and little demand April - Sept (120 degree heat may have something to do with it).  I was actually able to earn more income, with lower expenses as a fully furnished rental for 6, 9 or 12 month leases.  Had one tenant who paid premium of fully furnished (down to towels, sheets, silverware, etc.) and stayed 6 years! 

  • Don Konipol
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Private Mortgage Financing Partners, LLC

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