30-Day Stay: A Real Estate Investor's Guide to Mastering the Medium-Term Rental


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Description

Learn the medium-term rental strategy--all the benefits of investing in Airbnbs without the hassle of turnover or the risk of changing city regulations!

30-Day Stay is a thorough guide to finding and operating a medium-term rental (MTR). The concept is simple and profitable: Instead of fighting short-term rental regulations or sacrificing cash flow to long-term rentals, the host requires a month-long minimum stay in a furnished property and reaps massive profits.


With nearly thirty properties and decades of real estate investing experience between them, authors Zeona McIntyre and Sarah Weaver introduce a powerful yet flexible real estate asset class with entertaining case studies woven in to keep you engaged the whole way through. Discover exactly why this strategy trumps short-term and long-term rentals and learn how to find the right properties in the right markets, supply the right furniture, and source the right tenants.

With the medium-term rental strategy, you will:

  • Stop worrying about short-term rental regulations

  • Handle less communication and coordination with renters

  • Reduce expenses on supplies, cleaning fees, and more

  • Simplify your bookkeeping and say goodbye to lodging tax

  • Gain the ability to set your rates due to less competition

  • Deal with less vacancy than long-term rentals and source higher profits with the right guests

  • Use the property yourself or as a guest apartment when needed

  • Find popularity in unusual locations (near a port, warehouse, etc.), allowing for cheaper property purchases

  • Self-manage your properties from anywhere in the world with less hassle than short-term rentals



Author: Zeona McIntyre, Sarah Weaver
Publisher: Biggerpockets Publishing, LLC
Published: 12/06/2022
Pages: 288
Binding Type: Paperback
Weight: 0.62lbs
Size: 8.90h x 5.90w x 0.70d
ISBN13: 9781947200821
ISBN10: 1947200828
BISAC Categories:
- Business & Economics | Real Estate | Buying & Selling Homes
- Business & Economics | Investments & Securities | Real Estate
- Business & Economics | Personal Finance | Investing