All Forum Posts by: Allen Duan

Hey! Just messaged you. Happy to provide a crash course.

Hi Kimberly! I just got back from the MTR Summit and met a great Ohio based STR and MTR property manager. DM me and I'd love to connect you.

In San Diego? I can refer you to some great MTR managers. I just got back from the MTR Summit in San Diego. A STR manager can not maximize the performance of a MTR. The marketing for MTRs is very different than STRs, so you definitely want a manager that truly knows the MTR game.

Hi May, I may be able to help! My company manages over 25 MTRs mostly in Los Angeles, but we have some of out state as well. I’ll send you a message.

 Hi Kathryn! It can definitely be done in the right location where there is demand for it. I know of many other operators who MTR by the room successfully. Padsplit has a specific service like this where they do it all for you. I’m happy to connect and help you make any decisions for a specific property you’re considering for this strategy.

 Hi Kathryn! We've had a few studios as MTR arbitrage units before but they didn't perform well. Currently we have one we manage in a triplex. 

Yes, I have a designer on my team. But our PM clients furnish the properties themselves before handing them over to us.

Yes this is market dependent and tenant demand dependent. In our market Los Angeles, 1 bedrooms and 3 bedrooms have done well for us. 2 bedrooms have underperformed. I have my theories for the reasons why which may or may not apply to other markets.

We've been doing our prices manually but have a few properties set up in Pricelabs with some specific custom pricing as an experiment to see if PL works for MTRs. It's worked ok so far but I haven't decided to get all our properties on PL yet.

Yes, it's standard for MTRs that utilities are included in the rent. It's part of the convenience that makes someone willing to pay higher rents for MTRs. 

Hi Mike! I was just working on a referral program to help us get acquire new property management clients. We manage STRs and MTRs in Los Angeles. I'd love to connect with you and see if we can partner for the SoCal market. There are a few new markets we're getting ready to bring our services to as well. Let's chat!