30-Day Stay
A Real Estate Investor's Guide to Mastering the Medium-Term Rental
- English
- ePUB (mobile friendly)
- Available on iOS & Android
30-Day Stay
A Real Estate Investor's Guide to Mastering the Medium-Term Rental
About this book
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
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Information
Table of contents
- Cover
- Title Page
- Copyright
- Dedication
- Table of Contents
- Foreword
- Preface
- Introduction
- How to Use this Book
- Part 1: Understanding the MTR Strategy
- Part 2: Acquisition
- Part 3: Your Team and Why They Matter
- Part 4: Listing Strategy: Implementation and Management
- Part 5: Responsible Landlording
- Conclusion
- Acknowledgments