Finding Tenants for an MTR

Finding Tenants for an MTR

Andrew BoscoBusiness Member
Rental Property Investor · NH · Member since 2023 · 446 posts · 421 votes
  1. Hey all! I'm going to keep the good times rolling with more relevant information. This time, it's about actually prospecting tenants for an MTR. I have a little different strategy, but it has proven fruitful. It's a ton of front loading. 
  2. Contact major housing corporations.  Submit Housing on ALE https://www.alesolutions.com/register-housing/ , Corporate Housing https://www.nationalcorporatehousing.com/landlords , medical solutions https://www.medicalsolutions.com/
  3. Contact LOCAL staffing agencies. Here are some of mine. You can simply good them in your area. Contact Jesse Mazzola maximstaffing.com , Contact Kathleen at AYA ayahealthcare.com , Contact ALE reps alesolutions.com , alesolutions.com - insurance relocators. (NH Specific: alesolutions.com )  (can't include the contact info per BP guidelines, but you get the gist)
  4. Post to travel specific groups: Post on FB Groups; https://www.coremedicalgroup.com/ (if you navigate to the Travelers Tools > Housing Options - there are links to a few more FB groups), https://www.facebook.com/groups/travelnursehousing/ , https://www.facebook.com/.../furnishedfinder.../ , https://www.facebook.com/groups/Travel.Nurse.Landlords/ ,
  5. Post on good ol Furnished Finder: Post on https://www.furnishedfinder.com/
  6. Next up are wide use booking platforms. Make sure you set minimum day stays. Post on AirBNB, VRBO, Booking.com and set to 30 or 60 day stay minimums
  7. My safety net strategy. Post on Zillow and Apartments.com - post here and you can do 1 of 2 things. 1. Say in the top line (Targeting working professionals, etc with the MTR rate and you can add a small blurb that you will consider LTR tenants if the fit is right) or 2. Post this as an LTR with LTR rate. This will protect you incase you cannot find ANYONE for MTR stays. Make sure you criteria is set for acceptance (2.5x income, 650+ credit, etc)
  8. FOLLOW-UP: Arguably the most important. This is a lot of front loading, but you need to follow-up. Travel professionals are PROFESSIONALS. They don't have time for games. Keep it sleek and simple.

This is not a one size fits all, but works for me. Hopefully, this helps others :) 

Andrew Bosco - Candor Investment Group532 Reviews
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  • Member since 2021 · 4 posts · 4 votes
    3y
    Quote from @Andrew Bosco:
    1. Hey all! I'm going to keep the good times rolling with more relevant information. This time, it's about actually prospecting tenants for an MTR. I have a little different strategy, but it has proven fruitful. It's a ton of front loading. 
    2. Contact major housing corporations.  Submit Housing on ALE https://www.alesolutions.com/register-housing/ , Corporate Housing https://www.nationalcorporatehousing.com/landlords , medical solutions https://www.medicalsolutions.com/
    3. Contact LOCAL staffing agencies. Here are some of mine. You can simply good them in your area. Contact Jesse Mazzola maximstaffing.com , Contact Kathleen at AYA ayahealthcare.com , Contact ALE reps alesolutions.com , alesolutions.com - insurance relocators. (NH Specific: alesolutions.com )  (can't include the contact info per BP guidelines, but you get the gist)
    4. Post to travel specific groups: Post on FB Groups; https://www.coremedicalgroup.com/ (if you navigate to the Travelers Tools > Housing Options - there are links to a few more FB groups), https://www.facebook.com/groups/travelnursehousing/ , https://www.facebook.com/.../furnishedfinder.../ , https://www.facebook.com/groups/Travel.Nurse.Landlords/ ,
    5. Post on good ol Furnished Finder: Post on https://www.furnishedfinder.com/
    6. Next up are wide use booking platforms. Make sure you set minimum day stays. Post on AirBNB, VRBO, Booking.com and set to 30 or 60 day stay minimums
    7. My safety net strategy. Post on Zillow and Apartments.com - post here and you can do 1 of 2 things. 1. Say in the top line (Targeting working professionals, etc with the MTR rate and you can add a small blurb that you will consider LTR tenants if the fit is right) or 2. Post this as an LTR with LTR rate. This will protect you incase you cannot find ANYONE for MTR stays. Make sure you criteria is set for acceptance (2.5x income, 650+ credit, etc)
    8. FOLLOW-UP: Arguably the most important. This is a lot of front loading, but you need to follow-up. Travel professionals are PROFESSIONALS. They don't have time for games. Keep it sleek and simple.

    This is not a one size fits all, but works for me. Hopefully, this helps others :) 


     Thank you so much for the helpful info!

  • Andrew BoscoBusiness Member
    OP
    Rental Property Investor · NH · Member since 2023 · 446 posts · 421 votes
    3y
    Quote from @Daniel Kelepouris:
    Quote from @Andrew Bosco:
    1. Hey all! I'm going to keep the good times rolling with more relevant information. This time, it's about actually prospecting tenants for an MTR. I have a little different strategy, but it has proven fruitful. It's a ton of front loading. 
    2. Contact major housing corporations.  Submit Housing on ALE https://www.alesolutions.com/register-housing/ , Corporate Housing https://www.nationalcorporatehousing.com/landlords , medical solutions https://www.medicalsolutions.com/
    3. Contact LOCAL staffing agencies. Here are some of mine. You can simply good them in your area. Contact Jesse Mazzola maximstaffing.com , Contact Kathleen at AYA ayahealthcare.com , Contact ALE reps alesolutions.com , alesolutions.com - insurance relocators. (NH Specific: alesolutions.com )  (can't include the contact info per BP guidelines, but you get the gist)
    4. Post to travel specific groups: Post on FB Groups; https://www.coremedicalgroup.com/ (if you navigate to the Travelers Tools > Housing Options - there are links to a few more FB groups), https://www.facebook.com/groups/travelnursehousing/ , https://www.facebook.com/.../furnishedfinder.../ , https://www.facebook.com/groups/Travel.Nurse.Landlords/ ,
    5. Post on good ol Furnished Finder: Post on https://www.furnishedfinder.com/
    6. Next up are wide use booking platforms. Make sure you set minimum day stays. Post on AirBNB, VRBO, Booking.com and set to 30 or 60 day stay minimums
    7. My safety net strategy. Post on Zillow and Apartments.com - post here and you can do 1 of 2 things. 1. Say in the top line (Targeting working professionals, etc with the MTR rate and you can add a small blurb that you will consider LTR tenants if the fit is right) or 2. Post this as an LTR with LTR rate. This will protect you incase you cannot find ANYONE for MTR stays. Make sure you criteria is set for acceptance (2.5x income, 650+ credit, etc)
    8. FOLLOW-UP: Arguably the most important. This is a lot of front loading, but you need to follow-up. Travel professionals are PROFESSIONALS. They don't have time for games. Keep it sleek and simple.

    This is not a one size fits all, but works for me. Hopefully, this helps others :) 


     Thank you so much for the helpful info!


     anytime! ask questions always

    Andrew Bosco - Candor Investment Group532 Reviews
  • Real Estate Agent · Austin, TX · Member since 2020 · 1k+ posts · 941 votes
    3y
    Quote from @Andrew Bosco:

      What types of properties do you have (multifamily, sfh, beds/baths)? Who is your target demographic?

    1. Andrew BoscoBusiness Member
      OP
      Rental Property Investor · NH · Member since 2023 · 446 posts · 421 votes
      3y
      Quote from @Conner Olsen:
      Quote from @Andrew Bosco:

        What types of properties do you have (multifamily, sfh, beds/baths)? Who is your target demographic?


         Hey Conner, 

        I have a 2 family (2, 2 bed/1 baths) that I MTR between LTR tenants and a 2 family STR/MTR on the beach (4 bed/2 bath and a 3 bed/1bath). I also help manage apartment buildings with a combo of LTR units and MTR units ( 1 bed/1 baths and 2 beds/1 baths).

        Target demographic ranges per area/range. I try to shoot for Grade B MTR class. STR is Grade A/B. LTR are C going to B.

        Andrew Bosco - Candor Investment Group532 Reviews
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