Cash Flowing a Mid Term Rental

[Krysten Zarembski]

Those that are locking in new mid term properties - are you cash flowing? I know this is not the most ideal time to buy with interest rates, so just curious to hear how everyone is doing in the mid term rental space, in particular.

[Jimmy Lieu]

Quote from @Krysten Zarembski:

Those that are locking in new mid term properties - are you cash flowing? I know this is not the most ideal time to buy with interest rates, so just curious to hear how everyone is doing in the mid term rental space, in particular.

Hi Krysten! In Columbus OH, we're still seeing decent cash flow on MTRs, even with higher rates. My clients are focusing on medical districts for traveling nurses/residents - near Nationwide. They're typically hitting 7% cash flow - not the 15% we used to see in 2021 but still workable if you buy smart. Happy to connect and answer any questions you may have.