Mid-term rental In Lincoln, NE demand.

[Juan Erick Rico Avalos]

Hello bigger pockets members. I was wondering if anyone is doing mid term/short term rentals in Lincoln NE. I recently did a full rehab on a duplex and am looking into possibly doing a mid-term rental on one of the units. I would consider short-term rental but leaning mostly on midterm. Would appreciate feed back on how your venture is going thanks in advance. 

[Conner Olsen]

Quote from @Juan Erick Rico Avalos:

Hello bigger pockets members. I was wondering if anyone is doing mid term/short term rentals in Lincoln NE. I recently did a full rehab on a duplex and am looking into possibly doing a mid-term rental on one of the units. I would consider short-term rental but leaning mostly on midterm. Would appreciate feed back on how your venture is going thanks in advance. 

 I know nothing about Lincoln but I do know how to determine demand for MTR.

1. Quick look at furnished finder to see supply and when these properties are coming vacant. Look at going rate for similar units.

2. Look at furnishedfinder.com/stats to see how many traveling professionals are in your area.

3. Find comps on Airbnb of other properties doing 30-day minimum stays. If they are 2+ months booked out their occupancy is probably 85%+. Also use the rates to determine what the going rate is.

If you have any more questions let me know!