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12 September 2024 | 23 replies
Depending on your area, you get more bang for your buck if the side you're renting out is a furnished mid-term rental.
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9 September 2024 | 5 replies
We like the South East, as well as mid west markets.
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8 September 2024 | 0 replies
We rented it as a mid-term rental & it was cash flowing over $700 a month.
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10 September 2024 | 14 replies
If you could work it into a combination STR/MTR and rent mid-term to people working in the area for the down months, the market could work, but aside from that I don't see a ton of value in that market for the prices you have to pay, you basically have to make a years worth of expenses in a 4-5 month span.I don't have specific knowledge of any of the other markets on the list, but based on this one it seems like not much analysis went in to any of these properties and its strictly based on a rough estimates of revenue.
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8 September 2024 | 1 reply
Mid-term Rentals and Small Investors: Investors focused on mid-term rentals may be able to capitalize on reduced transaction costs, especially in markets where margins are tighter.
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12 September 2024 | 58 replies
At this point, businesses are doing well with many new contracts and the port improvements (if that actually happens and isn’t just an election year promise)Our long terms have also been mostly on auto pilot, but our STR has performed well since launching mid-July.
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9 September 2024 | 3 replies
Some investors find that their financing falls through mid-project, or they didn’t budget for unexpected costs.Tip: Always have your financing lined up and know the loan terms inside and out.
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8 September 2024 | 6 replies
Question: If we have a tub in the master bathroom, but not in the hall bathroom, is that a deal breaker for turning the home into a mid term rental?
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9 September 2024 | 12 replies
By the time you are mid 40s you will be a millionaire.
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8 September 2024 | 9 replies
(Mid grade is usually a 70/30 blend of hi-test and regular, not needing a 3rd underground tank).You should also do a Phase I environmental survey.