Ebook: 30-Day Stay: A Real Estate Investor's Guide to Mastering the Medium-Term Rental
Author: Zeona McIntyre, Sarah Weaver
- Tags: Business, Finance, Nonfiction, Economics, BUS036050, BUS050020, BUS054000
- Year: 2022
- Publisher: BiggerPockets Publishing
- Language: English
- epub
<br> <em>30-Day Stay</em> 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.</p> <br> 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.</p> <p><b>With the medium-term rental strategy, you will:</b></p> <ul> <li>Stop worrying about short-term rental regulations</li> <li>Handle less communication and coordination with renters</li> <li>Reduce expenses on supplies, cleaning fees, and more</li> <li>Simplify your bookkeeping and say goodbye to lodging tax</li> <li>Gain the ability to set your rates due to less competition</li> <li>Deal with less vacancy than long-term rentals and source higher profits with the right guests</li> <li>Use the property yourself or as a guest apartment when needed</li> <li>Find popularity in unusual locations (near a port, warehouse, etc.), allowing for cheaper property purchases</li> <li>Self-manage your properties from anywhere in the world with less hassle than short-term rentals</li> </ul>