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All Forum Posts by: Dan Trimble

Dan Trimble has started 1 posts and replied 3 times.

@Bradley Buxton thanks. Mid term is primarily what I had in mind: short and event rentals will be more hassle than I'd want to deal with. 

Quote from @Drew Sygit:

May be better as a MTR or STR if it's unique.


This is quite literally my first day looking at considering this. I have no idea what MTR or STR mean.

We have a single-family residence we own and have lived in for a number of years. Considering moving, but we have no interest in losing this property - it’s unique and a great investment asset all things considered.

I have no experience whatsoever with renting out a property. I’m inclined to hire a property management company, but still considering all options.

Problem is - the property is UNIQUE. It’s a larger house (3500 sqft. 5 bed), but is secluded, private, centrally located, and sits on nearly 3.3 acres of the East Bay Hills, with open space as far as the eye can see outside. I have yet to find another rental property for pricing comparison that isn’t an unfair apples to oranges comparison. How do you go about determining market rate? Are there property managers that specialize in these kinds of unusual properties?