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14 August 2023 | 9 replies
You are providing upscale furnishings, all appliances and often amenities - not common in long terms - and you are stocking it with supplies and staples - virtually unheard of in long term rentals.
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28 December 2023 | 2 replies
If it is furnished you can use furnished finder but that tends to be shorter term.
28 December 2021 | 13 replies
If you do end up refi out of it, think about putting the money back into furnishings for using it as a STR.
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18 July 2022 | 4 replies
I decided to rent furnished, left the furnishings in place, and hoped for the best.Within 3 weeks I had two tenant applications.
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28 December 2023 | 3 replies
We're just over a year into the short-term rental game and have primarily relied on Airbnb and Furnished Finder.
18 December 2023 | 0 replies
Furnishing and finishing the details took 3x longer than I thought, however, I am very satisfied that I received a mid term rental inquiry for traveling nurse and subsequent booking within 1 week of posting!
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20 May 2021 | 5 replies
.) @ 2.65% - 4700$/moUtilities/internet - ~300$/monthMortgage impound + utilities = ~5000$Up unit in back - 1500$down unit in back - 1500$Main house: (finishing up furnishing main house, expecting) ~3000$/month for 3bedroom/2bathall units = 1500$ + 1500$ + 3000$ (expected)= 6000$ - 5000$ = 1000$ cash flow (rough, not including maintenance, vacancies, etc.)When my wife and I move out in a few years I expect the 2bed/1ba garage unit to rent for at least 2000$.
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22 December 2022 | 11 replies
So we have changed the rental strategy for the first few years to a furnished model to help the cash flow until we can rent to a long term renter in the future.
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13 April 2023 | 9 replies
My thought is to add a furnished second story and either target the travel nurse audience or AirBnb.
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24 April 2023 | 20 replies
Investors often overlook attention to detail on furnishings and amenities - to their peril.