Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

3
Posts
0
Votes
Tony W.
0
Votes |
3
Posts

STR/MTR rentals via a management company vs LTR rental

Tony W.
Posted

Sorry if this is a repeat question, but I could not find a match to my specific situation. 

I have a rental property halfway between San Francisco and San Jose in the center of the Bay Area (i.e. Silicon Valley). I am considering two strategies. The first is renting out my house to a company that, will in turn, rent it out in a mix of MTR and STR. The way the company works is as follows. For MTR I think they rent out rooms to companies that need to have employees in the area for a month or two. And for STR they use Airbnb and other such things. My other options is traditional LTR to a family or a group of people. In both cases I am only dealing with a tenant on a long term basis. And in both cases, I would be renting the property for the same amount. So I am not capturing any of the upside of the MTR/STR strategy. So the question is not about income, the question is more about hassle, wear on the property, damage and other such things.

Most Popular Reply

User Stats

162
Posts
43
Votes
David S.
  • Investor
  • Bay Area, CA
43
Votes |
162
Posts
David S.
  • Investor
  • Bay Area, CA
Replied
Quote from @Tony W.:

Sorry if this is a repeat question, but I could not find a match to my specific situation. 

I have a rental property halfway between San Francisco and San Jose in the center of the Bay Area (i.e. Silicon Valley). I am considering two strategies. The first is renting out my house to a company that, will in turn, rent it out in a mix of MTR and STR. The way the company works is as follows. For MTR I think they rent out rooms to companies that need to have employees in the area for a month or two. And for STR they use Airbnb and other such things. My other options is traditional LTR to a family or a group of people. In both cases I am only dealing with a tenant on a long term basis. And in both cases, I would be renting the property for the same amount. So I am not capturing any of the upside of the MTR/STR strategy. So the question is not about income, the question is more about hassle, wear on the property, damage and other such things.

Has the company been doing this a long time and is reputable? If so, I would be inclined to give this a try since California keeps changing the rental laws in favor of the tenant. In fact, can you share the name of the company since I am thinking of trying the MTR/traveling nurse route with one of our vacant apartment units in San Francisco.
 

Loading replies...