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Updated 9 months ago,

User Stats

8
Posts
3
Votes
Kathryn Demesa Sebastian
  • Investor
  • Orange County, CA
3
Votes |
8
Posts

MTR, Market Research, Reaching out to Hosts of Comparable Units

Kathryn Demesa Sebastian
  • Investor
  • Orange County, CA
Posted

Hi Everyone. I'm new to REI and am an aspiring MTR host. I'm planning to reach out to a host of a comparable MTR unit in Ontario Ranch, CA. I currently have a 3 bed 2.5 bath LTR and am intending to convert it to an MTR. Timeline depends on when the current renter ends their lease. There doesn't seem to be a lot of MTRs (rooms and entire units) in the area just based on initial searches on Airbnb and Redfin, but I understand this isn't the only indicator of demand.

Below is a drafted message to the host. Please let me know if you have any advice on reaching out to hosts of comparable units.

Attached photo is the kitchen of this unit.

Thanks! 

"Hi. I hope you're doing well. My name is Kathryn, and I'm intending to start a mid-term rental unit similar to yours in the near future. I was wondering if you're comfortable sharing some insights with me.

If so, could you let me know what trends you've noticed in terms of vacancy rates for your unit(s)? It would be helpful to understand the seasonality and other factors that affect bookings.

Also, how long have you been a host, and what have you found to be key to your success? I'd love to hear any tips you might have for someone who's just getting started.

I appreciate your time and any advice you can offer. Looking forward to hearing from you."

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