All Forum Posts by: Georgia Revilla

I registered our rentals with them and didn't get a hit although I have been getting inquires from other insurance companies via traditional listing sites.

I'm happy to inform all of you that  after I posted  here that we are fully booked again and received multiple inquiries when I listed one unit at a lower rate until demand picks back up.

Thank you all for your insights, they were very helpful.

It was just the strangest thing, after bring fully booked with multiple properties since 2016 I guess there is just more competition and less demand so we really need to stand out.

Hi all,

Yes I see several hosts also vacant and offering below market so I believe it’s a supply and demand issue and not that I’ve cross listed different sites I’m getting inquiries for some reason again.

I may have to sell if we’re not consistently booked unless we come up with something creative .
I see some landlords trying to sell their units as well.

I really appreciate all the helpful comments and tips  here and will pursue them.

Thank you BP community! 

Quote from @Bonnie Low:

You said "we can afford to be vacant indefinitely but don't want to." I'm curious why you aren't just pivoting to a LTR with this property?

It’s because of all the furnishings what will need to be stored and the cost. Because we have historically been booked solid and have catered to mostly nurses I know we’re a good fit for others I just didn’t know how where to find quality non medical guests for this unit .

Hi Melissa,

Thank you for the very practical advice and your insights.

We have hosted providers, lawyers, grad students, nurses and one diplomat who stays in one of our 3 bedroom has the embassy paying for the house and she has renewed the past 3 years.

I can see the bigger homes for corporate housing except for the one bedroom, one bath condo downtown near the hospital.

i really appreciate you insights! Thank you!

Hi Jamie,

Yes we’re near hospitals and are in Fresno, CA and I think it’s the law of supply and demand as I’ve seen other MTR host now listing their units for sale due to the vacancy.

Yes we’re also listed on Zillow as furnished but no leads there.

This morning one student emailed to say she’d like to proceed but we had to give it at cost but she’s renting it from June until Feb 2024 so we agreed.

I just didn’t know how to target quality tenants as we’ve declined a few due to inability to pay and bad credit.

I didn’t know about student.com

Thank you for replying. Jamie.

I’ll definitely consult with you for our future needs.

So far all 2 MTR and 2 LTR are rented out and I’m hoping to close the contract on our last one within the next few days but need to figure out how to target other non-medical who do not use Airbnb, VRBO, Furnished Finders, Apartments.com and Zillow .

We are also building our own website to market our units.

Our MTM's have been booked solid since 2020 until recently.  And our best performing 1 bedroom, 1 bath condo hardly any vacancies until recently.  We work in the healthcare field and aware of pay cuts to travel nurse salaries and contracts.  Our primary site for leads has always reliably been Furnished Finders.  We have cross listed to Airbnb, VRBO and apartments.com with some inquiries with guests that keep trying to lowball us.  We prefer MTM to STM and because of the work we've done in furnishing 3 rentals we'd like to stay MTM.

We can afford to be vacant indefinitely but don't want to.  Our last tenant checkout out on April 22, 2023 and I've had a few inquiries but no solid leads.  We also have consistent 5 star reviews across our MTM and the past week I've lowered the price to almost at cost but no solid leases yet just inquiries.

Where else can we cross list and still get quality tenants?

Thank you BP community in advance!  My husband and I discussed possibly selling this unit in July if we still have it vacant.  I'm just bummed because we got it at 2.75% and only have 13 years left on the mortgage.