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All Forum Posts by: Ericka Luddy

Ericka Luddy has started 1 posts and replied 7 times.

Post: Do you know what Corporate Rentals are?

Ericka LuddyPosted
  • Investor
  • Dallas, TX
  • Posts 7
  • Votes 5
Quote from @Connor Sell:
Quote from @Ericka Luddy:
Quote from @Account Closed:

Awesome! Do the companies just book it like any other consumer? Or do they reach out to you personally and arrange this?


 In the beginning you'll want to proactively reach out to local hospitals, healthcare recruiters, companies, etc to build your brand/relationships.  We still do that pretty consistently to ensure that we're staying booked.  


Erica - Thank you for confirming what I'm thinking! Lol. We have one single-family LTR in Greenville, SC area and this thought came to mind. Whom should I reach out to first? Recruiters? Looking for best ROI on time spent marketing, due to time constraints.


 I would start with HR departments at local hospitals- find out how they're staffing, are they using 3rd party staffing companies [get the company names/contact info], ask if they have a housing vendor list they send out to new hires, etc.  Then move on to 3rd party recruiters and local companies that are growing/relocating.  

It's not one-size fits all but there are a couple places to start. Goodluck!

Post: Do you know what Corporate Rentals are?

Ericka LuddyPosted
  • Investor
  • Dallas, TX
  • Posts 7
  • Votes 5
Quote from @Account Closed:

Awesome! Do the companies just book it like any other consumer? Or do they reach out to you personally and arrange this?


 In the beginning you'll want to proactively reach out to local hospitals, healthcare recruiters, companies, etc to build your brand/relationships.  We still do that pretty consistently to ensure that we're staying booked.  

Post: Do you know what Corporate Rentals are?

Ericka LuddyPosted
  • Investor
  • Dallas, TX
  • Posts 7
  • Votes 5

We do this for our MTR rentals, clientele is great and the higher rates are also pretty nice :)

Post: Any luck with Furnished Finder?

Ericka LuddyPosted
  • Investor
  • Dallas, TX
  • Posts 7
  • Votes 5

I've used FF and have had great luck with it.  Be sure to have good tenant screening in place and your leases.  I like that it's a flat fee and tends to bring in more serious renters than airbnb.

Post: Convert 8 unit multifamily to MTRs

Ericka LuddyPosted
  • Investor
  • Dallas, TX
  • Posts 7
  • Votes 5

Love this!  Would love to do this in our market as we are currently rental arbitrage.  Goodluck and keep us posted on your progress!

Post: medium term rental Goals?

Ericka LuddyPosted
  • Investor
  • Dallas, TX
  • Posts 7
  • Votes 5

We have 2 in Dallas currently, 1bed/1bath each cash flow around $700-800/month, looking to expand to 10-15 units by EOY in this market as we're generating a strong amount of demand and are in process of adding more doors ASAP.

Hi community!  We provide MTR housing and have been doing well so far with traveling professionals, digital nomads and traveling medical staff but are wanting to build relationships with insurance companies needing to place their clients in housing post-disaster or home damage.  Who would be the person to reach out to at an insurance company? Is there a specific individual/title who would handle these fulfillments?  We've tried reaching out to local brokers and ALE solution-type websites but have not gotten very far.

Would appreciate any help pointing us in the right direction to build this network :) [our primary territory is Dallas Fort Worth, TX]