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All Forum Posts by: Charlie Tunstall

Charlie Tunstall has started 4 posts and replied 48 times.

Post: New to MTR - Thermostat, Mailbox Key, Door Key Pad Recommendations

Charlie TunstallPosted
  • Investor
  • Mt Pleasant, SC
  • Posts 51
  • Votes 44

Andrew,

Re. remote keypad door locks, I've used Kwikset with decent results but much prefer Schlage Encode...cost is higher but worth the difference IMHO     good luck

Post: 4 Unit Off-Market Property - James Island (Charleston, SC)

Charlie TunstallPosted
  • Investor
  • Mt Pleasant, SC
  • Posts 51
  • Votes 44

please send info     [email protected]           

704-301-9879

Post: How effective can MTR be with small multifamily properties?

Charlie TunstallPosted
  • Investor
  • Mt Pleasant, SC
  • Posts 51
  • Votes 44

I suggest you consider working backwards to answer this question. Who's your end target? If you're focused on medical travel folks, smaller 1 or 2 bed properties work fine. If you can attract corporate travel/relocation guests, larger properties work too. So, an 8 unit building with all 1 bed/1 bath could be 1/2 LT tenants and 1/2 MTR for travel nurses. A duplex with a 2bed and a 3bed unit could work as MTR for corporate travel or relocation.  Knowing who you plan to serve can guide you to what you should consider buying.

Post: Need input from MTR landlords!

Charlie TunstallPosted
  • Investor
  • Mt Pleasant, SC
  • Posts 51
  • Votes 44
Quote from @Brett Deas:

What is everyones biggest struggle with the current mid-term listing sites (furnished finders, Airbnb etc.)? 

I have been renting out mid-term for a long time but I'm wondering if everyone has the same problems I do with the current options. 


My experience in the last 18 months…lots of “looks” on FF, but almost all bookings coming through Airbnb. I have 2 units, a 3/1.5 and a 2/1. These are in a growing Charleston suburb, Summerville.  Most of the guests are on their way into town for a permanent move but need a place to stay for several months to facilitate a closing, complete construction, etc.

Post: Charleston SC House plus Duplex - considering selling

Charlie TunstallPosted
  • Investor
  • Mt Pleasant, SC
  • Posts 51
  • Votes 44

Shayne, can I get more info about location, etc.?

Charlie Tunstall     [email protected]

Post: Average rental per year for medium rentals

Charlie TunstallPosted
  • Investor
  • Mt Pleasant, SC
  • Posts 51
  • Votes 44

We transitioned from LT to MT 1 year ago. We’ve been full 90% of the time at 1.6X the LT rate. The main key to our success is proximity to several very large housing developments. As people transition to our area, they book our place to coincide with completing construction, sale/purchase of housing, etc…so, #1 location

#2, growth of the economy, influx of jobs, etc

#3, don’t laugh…have your house well decorated and take pro pictures to share.  It really makes a difference. You will stand out from the competition and the incremental costs will be recouped quickly in your low vacancy numbers…  

good luck

Post: address inquiry puzzle

Charlie TunstallPosted
  • Investor
  • Mt Pleasant, SC
  • Posts 51
  • Votes 44
Quote from @Summer Chen:

Thank you Nicole. They often say that they need the exact address to submit to the adjuster for approval or they want to tour the house before they can decide to rent it. In this way, it sSeems that I cannot give an approximate address. How would you deal with it? Thanks!


 Summer,

When I have photos made for my listing I have the photographer make a walk through video as well. My inquiries are usually satisfied to see the video before booking. Hope that helps

Post: Lease Agreement Scared Away Airbnb Prospect

Charlie TunstallPosted
  • Investor
  • Mt Pleasant, SC
  • Posts 51
  • Votes 44

I use my own traditional long term lease for non Airbnb stays. It's 11 pages and thorough. If a potential tenant is not comfortable with a vanilla lease, I believe they did you a favor not booking the place. I would not weaken my protection to attract a marginal guest. There's plenty of other folks out there to engage.  Good luck

Post: 4 bdrm furnished rental suggestions

Charlie TunstallPosted
  • Investor
  • Mt Pleasant, SC
  • Posts 51
  • Votes 44

Curtis, for a 3/2 property in the Charleston area that we use for MTR, I receive inquiry from FF, but all my bookings come from Airbnb or Zillow. Maybe your area will be different, but that size property fits insurance claims, corporate relocation of a family, etc. My FF inquiries are 1-2 people for the most part and they don't need the space I can offer in my property. Good luck with your property...