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Updated about 9 hours ago on . Most recent reply

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22
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Melissa Adams
  • Columbus, OH
24
Votes |
22
Posts

Is a Midterm Rental a Smart First Investment Strategy in Columbus

Melissa Adams
  • Columbus, OH
Posted

Hi everyone! I'm a first-time investor preparing to buy my first property in the next 6+ months and I'm exploring a midterm rental (30+ days) strategy in Columbus, OH. 
My goal is to generate solid cash flow without getting overwhelmed by short-term turnover. I'm considering targeting: 

*Airline crew near CMH

*Traveling professionals or contractors downtown

I'm trying to decide whether an MTR is a smart first step compared to a traditional long-term rental. 

For anyone who's started with MTRS or made the switch:

*What were the biggest surprises (good or bad)?

*Any pros or cons I should know as a first-timer?

*Did the numbers work out better than long-term rentals?

Thanks for the insight- I'm here to learn and plan carefully before jumping in! 

#MidtermRental #MTR #ColumbusOH #FirstTimeInvestor #ExtendedStay

Most Popular Reply

User Stats

549
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433
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Allen Duan
#3 Medium-Term Rentals Contributor
  • Property Manager
  • Los Angeles, CA
433
Votes |
549
Posts
Allen Duan
#3 Medium-Term Rentals Contributor
  • Property Manager
  • Los Angeles, CA
Replied

Not sure if he's on Bigger Pockets, but Ben Vail is my MTR go to for the Columbus market. I'm sure he can help with any market specific questions. https://www.housepitality.io/

I manage MTRs in Los Angeles, so let me know if I can help in any way.

  • Allen Duan
  • Loading replies...