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Updated about 10 years ago on . Most recent reply

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Carolyn Keller
  • Investor
  • Turtle Creek, PA
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Other uses for rental home

Carolyn Keller
  • Investor
  • Turtle Creek, PA
Posted

Was thinking of using rental home for renters coming into town for football, hockey etc games. Maybe also wedding receptions, although parking is a challenge. Anyone have any creative ideas for standalone 2 bed 1 bath home?

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Brad L.
  • Rental Property Investor
  • Manitowoc, WI
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Brad L.
  • Rental Property Investor
  • Manitowoc, WI
Replied

Target local companies.

For example, I know someone that works for a company that rents a home outside a NFL stadium on game days. The owner of the home charges somewhere between $4,000 and $8,000 each game, and can also charge for concerts and other events at the stadium. The real kicker is, when renting the home, everything is outside; bathroom trailers, food, etc. nobody really steps for inside the home, and the owner gets between $4,000 and $8,000 every event.

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