Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Medium-Term Rentals
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 5 days ago, 12/10/2024

User Stats

6
Posts
2
Votes
David Rodriguez
2
Votes |
6
Posts

Medium-Term Rental Vs. Long Term Rental for a 2 bed/2 bath single family home.

David Rodriguez
Posted

I purchased a 2 bed, 2 bath home roughly 8-10 minutes from Downtown Phoenix. It was built in 2002, and I renovated the entire flooring by removing the original tile and putting Vinyl flooring in, there is no carpet within the house. I redid the master bathroom by removing the tub and putting in a standing shower with white granite looking tile, and a custom glass shower door. Replaced both toilets with brand new ones, replaced the 2 car- garage door with a brand new one, had all the walls freshly painted, put brand new baseboards in, and had the kitchen cabinets painted as well. The house is also furnished with a solid wood no spring couch, and a solid wood round dining table, and a king sized bedroom set in the master. My question is:

Is this house better off being rented long term for tenants or should I gravitate toward a midterm rental for possible traveling nurses or traveling professionals who want a cleaner, more up to date space, closer to downtown? I am thinking since it is only a 2 bedroom this may be a better choice versus trying to find a smaller family to rent it out too. Does anybody have any good experience with mid term rentals in phoenix? 

Loading replies...