Do you suggest setting up a mid term rental 1B1B as a luxurious place rather than a regular cozy one? In a LA California market, do you get back your investment that way ? Thanks
What would you suggest for getting roommates (separate bdrm & ensuite bath and sharing common areas of 2 bdrm appt)? Would you still use Furnished Finders, Airbnb, or Zillow?
Thank you for watching. This is a little more detailed questions than I feel like I can answer here. If you'd like to discuss more, please refer to the stan store info.
I would go low to mid range. The balance you are looking for is not something so cheap that it doesn't work and you are fielding calls about it all the time... but also not something expensive because there is no ROI on a grill. No one is renting your place for the Traeger.
Hi Erin, I have been in the short term rental for about 7 months and I have been losing money. I bought a triplex and put all unit on Airbnb. I have invested a lot in renovation and set up . I’m at a point where I want to give up because I am not even breaking even. My mortgage is high. I am not sure at this point what to do . If I sell I will be losing money for sure . So I want to give midterm rental a try because in one of my unit I have had a guest for almost 3 month and I honestly make more money from that unit and it is less stressful. This guess came from Airbnb. I don’t know which of your coaching would be right for me . I want to see if there is a way we can chat and from there decide what option is best for me. I had invested in a real estate course before and I feel like it didn’t help me much. So I want to make sure this time I make the right investment that will really help me. I really need guidance
Absolutely. I understand. Email me at erin@erinandjamesrealestate.com and we'll figure out if there's a good solution for you. Side note: I know real estate can be really stressful. Sometimes, it can help to have a third party review your situation and help you sort through next steps. My advice, generally, to people is to hold on to all properties if they can- but not everyone can. Let's chat.
That’s what I would like to know. Is my area worth trying? My home is in Pontiac MI, 10-25 min from the big 3 corporations(GM, Chrysler & Ford)….so I’m hoping to entice those type of clients.
Thank you for watching. This requires combining a number of tools to figure this out. If you'd like to book a one-hour session, I'm happy to review and chat about this. stan.store/erin_spradlin/p/midterm-rental-consulting
![[SFM] Risky Recital](http://i.ytimg.com/vi/RzNkY1_Nk3o/mqdefault.jpg)
✅✅ Book the Mentor/Hold My Hand - Midterm Rental Strategy package here: stan.store/erin_spradlin/p/midterm-mentoring-package
Do you suggest setting up a mid term rental 1B1B as a luxurious place rather than a regular cozy one?
In a LA California market, do you get back your investment that way ?
Thanks
Thanks for watching! I am better to help with this if we schedule a call. You can do that here: stan.store/erin_spradlin
What tools can you use to determine if it's even worth doing midterm rentals in your area?
Airbnbdna
That’s what I would like to know. My home is in Pontiac MI, 10-25 min from the big 3 corporations….so I’m hoping to entice those type of clients. Thx
What would you suggest for getting roommates (separate bdrm & ensuite bath and sharing common areas of 2 bdrm appt)? Would you still use Furnished Finders, Airbnb, or Zillow?
Thank you for watching. This is a little more detailed questions than I feel like I can answer here. If you'd like to discuss more, please refer to the stan store info.
Do you think it’s smart to leave a ps5 for your clients to use or a ncie pellet grill like a Traeger ?
I would go low to mid range. The balance you are looking for is not something so cheap that it doesn't work and you are fielding calls about it all the time... but also not something expensive because there is no ROI on a grill. No one is renting your place for the Traeger.
Hi Erin,
I have been in the short term rental for about 7 months and I have been losing money. I bought a triplex and put all unit on Airbnb. I have invested a lot in renovation and set up . I’m at a point where I want to give up because I am not even breaking even. My mortgage is high. I am not sure at this point what to do . If I sell I will be losing money for sure . So I want to give midterm rental a try because in one of my unit I have had a guest for almost 3 month and I honestly make more money from that unit and it is less stressful. This guess came from Airbnb. I don’t know which of your coaching would be right for me . I want to see if there is a way we can chat and from there decide what option is best for me. I had invested in a real estate course before and I feel like it didn’t help me much. So I want to make sure this time I make the right investment that will really help me. I really need guidance
Absolutely. I understand. Email me at erin@erinandjamesrealestate.com and we'll figure out if there's a good solution for you.
Side note: I know real estate can be really stressful. Sometimes, it can help to have a third party review your situation and help you sort through next steps. My advice, generally, to people is to hold on to all properties if they can- but not everyone can. Let's chat.
That’s what I would like to know. Is my area worth trying? My home is in Pontiac MI, 10-25 min from the big 3 corporations(GM, Chrysler & Ford)….so I’m hoping to entice those type of clients.
Thank you for watching. This requires combining a number of tools to figure this out. If you'd like to book a one-hour session, I'm happy to review and chat about this. stan.store/erin_spradlin/p/midterm-rental-consulting
Hi Erin, I have 5br/2.5 bath that need for rent as midterm. Can you mange it?
@trish4933
Hey there. Thank you for your interest. Please email me at erin@erinandjamesrealestate.com and we can discuss in more detail.