Out of State Investing in Travel Nurse Rental Multifam

[Quiana Berry]

As a newbie I am facing analysis paralysis on where to start my midterm investing journey. In NYC starting a midterm rental business is super expensive unless it's done upstate hence why Albany came on my radar. Also according to Furnished Finder its 5th in the state and there are 133k+ searches in the last 12 months and only 365 homes available. This seems like a lower competition market to start in, anyone have success they cna speka on? Also I saw a turnkey property selling for 459k and it is already on Furnished Finder. Wondering if that's a good deal. Any tips appreciated

[Erin Spradlin]

Quote from @Quiana Berry:

As a newbie I am facing analysis paralysis on where to start my midterm investing journey. In NYC starting a midterm rental business.

@Quiana Berry - I have a lot more success with MTRs on Airbnb and Zillow Rental Manager. Furnished Finder was more effective for me about 18 months ago, and has been less so since it became more popular. Also, there's a lot of confusion from the tenant side as far as who can book on Furnished Finder. So many people think that you have to be a nurse or a medical professional to be on Furnished Finder, but that's not true... However, that stereotype limits the tenant pool which limits your ability to fill your place.