Rental Property Investor · Arlington, TX · Member since 2016 · 706 posts · 611 votes
1y
CRS, ALE, HomeLink (they will book directly on the OTAs now), Travelers Haven, local funeral homes (trust me, this is an untapped market for those looking for extended stays and great leads on off-market properties), All That Housing, and get on LinkedIn and network with the companies and employees.
Realtor · Charlotte, NC · Member since 2023 · 245 posts · 231 votes
1y
Are you listed on AirBNB? With recent news regarding CRS & AirBNB's partnership, I imagine more housing companies will follow suit. Have you housed any MTR guests yet or would it be your first guest(s)? If you have, reach out to previous guests and their companies letting them know your availability in case there is a need. I'd also consider posting on Zillow, though Zillow is a last resort for us. Our area tends to attract scammers who take our Zillow listings and post them on Facebook and I'm extra cautious with our properties obviously being furnished.
- PM of 50+ MTR Properties throughout the Charlotte region.
I've been 85-90% occupied off of Airbnb alone. We dropped FF because of the need to screen each guest and have them pay a deposit, too much work hahah
Airbnb seems a good source for MTR leads. However, without screening, deposit, and renters insurance, the property may be at increased risk. I came across various posts and comments saying aircover may not pay for the property damage/loss caused by tenants.
Besides Furnished Finder and ALE solutions, what are some other companies that I can reach out to in order to get MTR leads?
-Marc
Hi, Marc - while it's important to reach out to the insurance placement companies to get your property on their radar, don't overlook all of the rest of the possible places to list your property as well. For example, MiniStays, Zillow (you'd be surprised how many people are searching for furnished housing on Zillow), apartments.com and social media pages catering to travelers in your area. I'm not sure where you're located, but you can do a search for FB pages that are focused on furnished rentals in your city or region and post there regularly. You can also post on more geographically diverse sites, like Travel Nurse Gypsy Housing, which covers all of the US. That's just a specific example, but I'm sure you get the idea.
Lender · Member since 2023 · 464 posts · 425 votes
1y
As others have said Airbnb/VRBO can be great for MTR leads. Also, specific Facebook groups for traveling professionals/nurses, Craigslist and Zillow can have good leads
Rental Property Investor · Arlington, TX · Member since 2016 · 706 posts · 611 votes
1y
CRS, ALE, HomeLink (they will book directly on the OTAs now), Travelers Haven, local funeral homes (trust me, this is an untapped market for those looking for extended stays and great leads on off-market properties), All That Housing, and get on LinkedIn and network with the companies and employees.
@Summer Chen this is a good point. Which is why I have additional insurance coverage
Agree, I have additional insurance as well. However, if there is major damage and our personal insurance needs to cover it, it will significantly increase the premium. The insurance company could discontinue our insurance policy as people mentioned it has been challenging to obtain home insurance coverage in California.
btw, Is there any insurance or service we can purchase to take care of the entire eviction process if it happens? It seems PMCs provide different levels of eviction service.
Rental Property Investor · College Station, TX · Member since 2016 · 1k+ posts · 1k+ votes
1y
Evictions are relatively easy here in Texas—a couple hundred bucks and a few weeks. So I haven't really looked into insuring against something like that.