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Updated 24 days ago on . Most recent reply
Ideal Property to Manage
When it comes to finding the perfect property to manage/co-host, what’s on your must-have list?
Most Popular Reply
Jamie Banks
#2 Medium-Term Rentals Contributor
#2 Medium-Term Rentals Contributor
- Real Estate Consultant
- Reston, VA
- 507
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Jamie Banks
#2 Medium-Term Rentals Contributor
#2 Medium-Term Rentals Contributor
- Real Estate Consultant
- Reston, VA
I echo what Allen said
I used to have a cohosting business but have shut it down because I wasn't focused on the right property AND the right client.
I would reverse engineer the ideal property by looking at your market and seeing what the market needs. For example, I invest in Indianapolis and there's not many 3+ bedrooms with 2+ bathroom MTRs so if I was looking to cohost I would go after a larger property to target the undersupplied market.