All Forum Posts by: Andrew Bosco

Furnished Finder - General MTR Data
1. Furnished Finder Traveler Search - manual way to see the competition
2. Furnished Finder Budget Tool - Good overview of market. Similar to A, but with stipend input
Rabbu (good for STR)
AirDNA - another good STR outlook
Rentometer - area rent LTR
Zillow (area specific)- Housing Data Demand - LTR/General Demand
Price labs - set filters to 30 day stays / include utilities. Good idea of MTR comps
Hello Landing - used by digital nomads
Local news on economic growth. Contact Hospitals/Government Bases/Companies directly
Section 8/HUD (LTR)

3 Votes

Hey @Zach Wagner - here's some resources to get you started. I'd start with checking rental comps on the FF website. Use my slide deck for the "see demand" section. Should be a good start.

1. Furnished Rental Checklist: https://docs.google.com/document/d/1RzTpNu1Vsm1_PJxPa_uTk5vL...

2. Items to purchase list: https://docs.google.com/spreadsheets/d/1Yls8YiWI9WIs0J-jWYdD...

3. MTR Presentation: https://docs.google.com/presentation/d/1qCD_XIgmg-2BGGzsDbWq...

4. Handoff List- great for listing managers sharing tenant info with leasing/property managers.

4 Votes

Milwaukee, Wisconsin

Hey @Andrew Baumann - sending this your way. I try to share these items for newer MTR peeps.

1. Furnished Rental Checklist: https://docs.google.com/document/d/1RzTpNu1Vsm1_PJxPa_uTk5vL...

2. Items to purchase list: https://docs.google.com/spreadsheets/d/1Yls8YiWI9WIs0J-jWYdD...

3. MTR Presentation: https://docs.google.com/presentation/d/1qCD_XIgmg-2BGGzsDbWq...

4. Handoff List- great for listing managers sharing tenant info with leasing/property managers.

6 Votes

Charleston, South Carolina

Here are my go-to's: @Justin Moy
Furnished Finder - General MTR Data
1. Furnished Finder Traveler Search - manual way to see the competition
2. Furnished Finder Budget Tool - Good overview of market. Similar to A, but with stipend input
Rabbu (good for STR)
AirDNA - another good STR outlook
Rentometer - area rent LTR
Zillow (area specific)- Housing Data Demand - LTR/General Demand
Price labs - set filters to 30 day stays / include utilities. Good idea of MTR comps
Hello Landing - used by digital nomads
Local news on economic growth. Contact Hospitals/Government Bases/Companies directly
Section 8/HUD (LTR)

0 Votes

Kansas City, Missouri

Medium-Term Rentals

Post: Arcade/NS Systems in STR/MTR. Good or bad?

Andrew Bosco

Posted October 20, 2023 11:27

Rental Property Investor
New Hampshire
Posts 339
Votes 334

What's this group thought on installing an arcade / Retro gaming (Sega/NS) systems in STRs/MTRs? I include crossword puzzles and board games with my beach house STR/MTR. Figured I'd see what others do!

0 Votes

Manchester, New Hampshire

Short-Term & Vacation Rental Discussions

Post: Arcade / Retro Systems

Andrew Bosco

Posted October 20, 2023 11:26

Rental Property Investor
New Hampshire
Posts 339
Votes 334

0 Votes

Manchester, New Hampshire

Multi-Family and Apartment Investing

Post: Convince me why NOT to invest in Multis

Andrew Bosco

Posted October 17, 2023 15:47

Rental Property Investor
New Hampshire
Posts 339
Votes 334

Quote from @Jim K.:

@Andrew Bosco

So your profile shows that you have some property management experience, in your househack and the other STR/MTR duplex you manage for your family, but not a lot. I see nothing in your profile about practical maintenance and renovation experience, nor do I get a sense that you have a burning desire in your REI to do a lot of either.

The 5+ will require a commercial loan. The underwriters of those loans are going to be looking for experience running rentals that you don't have yet.

Everyone and his brother, at least in my area, is looking for an affordable 2-4 unit property in good shape and with good tenants in place that they can get very generous residential financing for and househack in. It doesn't take a real estate genius to figure out that living free or near-free is a wonderful thing. So there is no such thing as an affordable 2-4 unit in a good location, in good shape, and with good tenants in place that is for sale. You simply need to take that as a given when you go hunting for these properties. Either they're selling it because they want A LOT OF MONEY, or it's in the high hood, or because it's a crapshack of a money pit with a ton of deferred maintenance, or because they have more trouble with the tenants in place than they want to deal with.

However, I have no interest in convincing you not to do, well, anything. I don't know you. You may just be the perfect guy to invest in small multifamily with residential financing.

I just felt this was a good place to point out some of the problem points of investing in 2-4 unit properties, as well as mentioning the experience issue on a commercial loan.

Love the response! I'm a scientist by trade and when I am "all in" on a category, then I play the "10th vote", which a rule that if 9 team members out of 10 agree something is a good idea, then find the wrong idea. So it's interesting to hear the feedback of the con's when so many give the pro's.

I am going to (one day) invest in large commercial projects/properties of my own. Starting small and will eventually make my way to the bigger commercial projects. I just happen to try everything :)

0 Votes

Manchester, New Hampshire

Multi-Family and Apartment Investing

Post: Convince me why NOT to invest in Multis

Andrew Bosco

Posted October 17, 2023 06:04

Rental Property Investor
New Hampshire
Posts 339
Votes 334

I wanna hear your reasoning. Why would I NOT want to invest in either small 2-4 unit multi family properties or larger 5+ unit properties. Let me hear it.

2 Votes

Manchester, New Hampshire

Hey there. NH resident and I work out of Boston. I currently have 4 units (2 properties). You def need to either work odd hours for RE or find partners. I have 2 partners for off market prospecting. I build the system and they call for deals/visits - I also contribute a heavy amount of money into it as well. We each have a share of the business though. Our focus is on fix n flips + multi family buy/hold. Find what works for you :)

0 Votes

Richmond, Virginia

Medium-Term Rentals

Post: MTR in Edison or New Brunswick New Jersey

Andrew Bosco

Posted October 13, 2023 05:11

Rental Property Investor
New Hampshire
Posts 339
Votes 334

Anytime you have a question on demand - check these 3 links here :)

Furnished Finder - General MTR Data
1. Furnished Finder Traveler Search - manual way to see the competition
2. Furnished Finder Budget Tool - Good overview of market. Similar to A, but with stipend input
Rabbu (good for STR)

1 Vote

All Forum Posts by: Andrew Bosco

Andrew Bosco has started 62 posts and replied 332 times.

Post: Finding medium term rental comps

Post: MTR Start Up

Post: MTR vs LTR?

Post: MTR Market Data

Post: Arcade/NS Systems in STR/MTR. Good or bad?

Post: Arcade / Retro Systems

Post: Convince me why NOT to invest in Multis

Post: Convince me why NOT to invest in Multis

Post: Investing with W-2 job

Post: MTR in Edison or New Brunswick New Jersey

Andrew Bosco has started 62 posts and replied 332 times.

Rounded Star Post: Finding medium term rental comps

Rounded Star Post: MTR Start Up

Rounded Star Post: MTR vs LTR?

Rounded Star Post: MTR Market Data

Rounded Star Post: Arcade/NS Systems in STR/MTR. Good or bad?

Rounded Star Post: Arcade / Retro Systems

Rounded Star Post: Convince me why NOT to invest in Multis

Rounded Star Post: Convince me why NOT to invest in Multis

Rounded Star Post: Investing with W-2 job

Rounded Star Post: MTR in Edison or New Brunswick New Jersey

Post: Finding medium term rental comps

Post: MTR Start Up

Post: MTR vs LTR?

Post: MTR Market Data

Post: Arcade/NS Systems in STR/MTR. Good or bad?

Post: Arcade / Retro Systems

Post: Convince me why NOT to invest in Multis

Post: Convince me why NOT to invest in Multis

Post: Investing with W-2 job

Post: MTR in Edison or New Brunswick New Jersey