Hello, I am a solo RE investor in ATL. is a demand for MTR for the film industry? if so where and how do they currently find housing? Does anyone do this? Any help would be greatly appreciated, thank you!
Investor · Charlottesville Virginia · Member since 2021 · 348 posts · 346 votes
2y
Hello Avani,
I imagine that there is demand here. I think the tough part about targeting the film industry directly is that in order to consistently pull them you will probably need to get in touch with someone in that industry and pitch it to them. I imagine this will be a difficult connection to make. The bright side is that is Atlanta is a large enough city that there is certainly demand for MTRs. You could start with targeting travel nurses and other traveling professionals while you try to work your way into the film crowd.
Fellow investor/broker in Atlanta with experience in STR, LTR, MTR, NNN etc. I had leased to one of the actors who created a service offering especially for movie industry folks and sub leased to the crews working in movie industry. The model worked well for about 6 months and so on but went south after the strike and there were lot of cancellations and schedule changes so he eventually decided to terminate his lease. You need to know someone in the industry. Don't limit yourself to specific groups. Dont get me wrong you can but its always good to have multiple options. These days I have travel nurses and corporate rentals as MTR. Feel free to reach out if you have specific questions or want to bounce off ideas. Good luck and much success.
Fellow investor/broker in Atlanta with experience in STR, LTR, MTR, NNN etc. I had leased to one of the actors who created a service offering especially for movie industry folks and sub leased to the crews working in movie industry. The model worked well for about 6 months and so on but went south after the strike and there were lot of cancellations and schedule changes so he eventually decided to terminate his lease. You need to know someone in the industry. Don't limit yourself to specific groups. Dont get me wrong you can but its always good to have multiple options. These days I have travel nurses and corporate rentals as MTR. Feel free to reach out if you have specific questions or want to bounce off ideas. Good luck and much success.