MTR in a 4 unit building

[Orien Kuang]

Hello fellow MTR hosts! We are looking to set up one of the 4 units in the building we are buying in DC as a MTR and have some questions.

1. Anyone self manage remotely with a contact in town, but not a full on property manager? Doable? I self manage a STR that's 5 hour of flight away, and it's actually doable with a reliable cleaner and handymen I trust. Similar for MTR?

2. How are you filling the gaps in between MTR contracts? I read last year you could rent out as STR for up to 90 days, but sounds like DC has eliminated that STR option this Febuary?!

3. How is your occupancy rate? What are your most productive methods of getting tenants? I know Furnished Finder, AirBnb etc.

4. I know you cherish your cleaners and handmen, but I would really appreciate it if you could so kind to share them with me, via private messages.

Thank you!

Orien

[Jeremy Jareckyj]

MTR is actually even easier to manage than STR once you get the teams and systems in place. the regulations on STRs totally depends on your market. I try to fill in my MTR gaps with STR bookings until I can get another MTR guest.