Over the past year, we’ve been working on ways to INCREASE RENT and LOWER EXPENSES to boost your property and portfolio performance and cash flow.
That’s where Mid-term Rentals come in. In an MTR, the focus is on leasing to people who need a place to stay for more than a month but less than six months.
Examples:
Homeowners dealing with insurance incidents who need temporary housing (often paid for by insurance).
Relocating for a job (often paid by the employer).
Film and TV crews who need accommodations for several months.
We crunched the numbers on this Atlanta property, and yes, there are some additional actions and initial costs that need to be considered BUT the numbers don’t lie, renting this property as a Mid-Term Rental can increase your portfolio!
Check out our assessment and breakdown for this property and let us know if you would like more information.