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All Forum Posts by: Christopher Cornelison

Christopher Cornelison has started 1 posts and replied 4 times.

Sara, 

Thanks for the book recommendation! I'll add it to the top of my list. I'm brand new to investing and MTRs. Not specifically the strategy I wanted to work on; however, life is presenting/forcing an opportunity to do it with this house. We are out in Catsonville, suburbs of Baltimore. There are a handful of smaller clinics and we are close to Saint Agnes. John Hopkins is about 25 min away. 

Bonnie, 

I only recently learned about MTRs during the bigger pockets rookie boot camp, so I am still very much new to investing in general. I've tried searching for other traveling professionals in the area, but aside from nurses, I don't typically get anything of value returned. I'm sure it boils down to me not using the right terms or knowing what to look for. Do you have any tips for this? I have never heard of insurance placements before, so I will look into the podcast you recommended. I've also never heard of corporate rentals by owner 

Mason, 
Thanks for the info! The issue I'm having is that the range of prices is huge, few thousand dollars, but most of the homes listed are similar. So I'm not sure what to go with. I've been considering just leaving it in the average but I don't want to leave money on the table. 

Ozzy, 

I think that's a great point that I will hold onto for the future. Unfortunately, there are some personal reasons currently that would keep me from doing an owner-occupant STR with the house in Maryland.


Hello Everyone, 

I live in Maryland, and work wants me to move to Colorado. We bought our current house one year ago and do not have any equity. We have considered renting, but we would have to come out of pocket each month to rent as a long-term rental. We have also considered using the house as an MTR, but I'm curious how to properly analyze an MTR market and what we should charge. I have looked at furnishedfinder.com/stats and noticed there have been over 100k searches/requests for MTRs in the area over the past 12 months. This seems good to me but would be my first MTR, and would love any advice out there.