Great episode! I read the BP book called 30 Day Stay when it came out a couple of years ago and found MTS very interesting. I currently have enough long-term properties that keep me very busy especially doing value add work and increasing rents. I do keep a mental inventory of my locations that I think might work as a MTS. Thanks
I called local construction companies for anyone transitioning. Construction is booming in my city right now. I think they thought I was competing (with my one) so they didn’t want to send any referrals. Said they have “their own” mid terms for those buying 🤷🏻♂️ regardless. Lots of activity. Working on scaling
Great episode! I read the BP book called 30 Day Stay when it came out a couple of years ago and found MTS very interesting. I currently have enough long-term properties that keep me very busy especially doing value add work and increasing rents. I do keep a mental inventory of my locations that I think might work as a MTS.
Thanks
I called local construction companies for anyone transitioning. Construction is booming in my city right now. I think they thought I was competing (with my one) so they didn’t want to send any referrals. Said they have “their own” mid terms for those buying 🤷🏻♂️ regardless. Lots of activity. Working on scaling
Many markets went to mid term years ago when STR regulations came. All STR's had furniture so they naturally became MTR's. So it's not a secret.
This is top notch.
Good one !!
Santa Monica banned leases less than 1 year and anything furnished