Anaheim property potential for MTR

Anaheim property potential for MTR

New to Real Estate · CA · Member since 2024 · 4 posts · 1 vote

Good morning,

Anyone in the group have MTR's in the Anaheim area? I have a 3 bed 1.5 bath property and wanted to see if it's worth putting up for MTR and wanted to pick some brains. I've looked at some data from furnished finder but it isn't very in depth. Thank you!


Best,

Farid

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  • Allen DuanPro Member
    Property Manager · Los Angeles, CA · Member since 2022 · 590 posts · 463 votes
    1y

    Hi Farid! 

    I manage STRs and MTRs here in SoCal. We don't have one in Anaheim right now, but my rough estimate for your property's MTR rate is $5000-7000 a month. MTR occupancy rate here is 75-80%. For most 3 bedroom homes, you'll earn more as a MTR than LTR, assuming you're doing the right marketing and getting bookings.

    Let me know if I can help in any way =)

  • New to Real Estate · CA · Member since 2024 · 4 posts · 1 vote
    1y

    Thank you, Allen!

    Planning to hop on for office hours tomorrow. Talk to you soon. 

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