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Awa Jude
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Short term rental questions

Awa Jude
Posted

Hi I just bought a duplex in Minneapolis,  I'm thinking of using one of the levels for Air. Please any advice on start up cost, the market and pricing.

its a two bed room  one bad in south Minneapolis 

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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

If you've never done STR, you might find an easier go doing MTR and still listing on the STR sites as well. MTR is a different vibe and less amenities although yours sounds like it would just be for a stay in the city. You need to give more information about where it is in South Minny and why people would come for STR. MTR gives you a wider scope, longer stays, and less turnover and wear and tear.

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