All Forum Posts by: Brandon Vanderford
Brandon Vanderford has started 6 posts and replied 106 times.
Post: Seeking Advice on Move-out Charges to Tenant

- Property Manager
- Raleigh, NC
- Posts 117
- Votes 110
Like others have said, drop items one and two. For three you can charge them. For four, you technically could, but I generally wouldn't. Twenty-seven days is plenty of time for a pre move-out inspection and preparation for turnover.
Post: Checking in from Raleigh

- Property Manager
- Raleigh, NC
- Posts 117
- Votes 110
Welcome to BP, David! I am a property manager in the Raleigh area, and will send a connect request. Let me know if you ever need anything.
Post: Which market to target

- Property Manager
- Raleigh, NC
- Posts 117
- Votes 110
I have not worked much in the STR space, but I have several years of experience working with MTRs in the Raleigh-Durham area. My take is that the Raleigh market is far more business-dependent than tourism-dependent, which makes rentals less susceptible to the market changes that can hit vacation areas harder. That being said, I am bullish on North Carolina as a whole. More business in Charlotte and the Triangle means more NC residents, which naturally means more vacationers along the coastline and in the mountains.
I am pretty well-established here in the Triangle, but I do have some folks telling me that they are having some difficulty getting established in the STR market due to the competition. I would not let that discourage you, but I always encourage investors to ask themselves, "Could I make the numbers work on this property if I had to convert it to an LTR down the road?"
Happy to connect if I can be of help in any way.
Post: Looking for home builder in Raleigh.

- Property Manager
- Raleigh, NC
- Posts 117
- Votes 110
Hey Candace, you should talk with my friend Ethan Kennon. His company does beautiful custom builds across the Triangle. They usually build larger houses, though. I can send you a PM with his contact, if you are interested.
Post: Medium-Term Rentals around Raleigh?

- Property Manager
- Raleigh, NC
- Posts 117
- Votes 110
Quote from @Daniel Kelepouris:
@Brandon Vanderford
Realizing this is an old post but I'm an investor looking for areas that lend well to midterm rentals with small multis. Curious if you have any experience knowing what's a good area around Raleigh to consider. I'm out in CA and have no knowledge but highly interested.
Hey Daniel, I think that the safest investments are <7 minutes from a hospital or university, because you will always have midterm renters. I work a lot with travel nurses, tech interns, visiting scientists, and visiting professors. That being said, I am beginning to work with more folks who are having their high-end home remodeled, and am networking with contractors to increase these types of tenancies (since they typically have a higher budget). I am not working with insurance yet, but plan to begin as my portfolio grows. Both of these latter options (remodels and insurance) increase the area within which you could operate a profitable MTR, since they are not tied to a school or hospital.
My biggest piece of advice is that you should find a property that could realistically cashflow as a long-term rental, just in case the property needs to be converted down the road. I know a number of folks who have gotten out of the MTR business recently, as the competition has increased.
I'll send you a connection request. I would be happy to discuss further.
Post: General Contractor Recommendations in Greensboro NC

- Property Manager
- Raleigh, NC
- Posts 117
- Votes 110
Quote from @Ryan Pritchard:
@Clive Smith- I am doing a rehab on a property in Raleigh and was curious if you came across any good GCs? Let me know!
Hey Ryan, if you need a GC in the Raleigh area, I can recommend Trent Moody with Legacies Inc. You can reach him by call or text at 276-346-6540.
Post: New to Raleigh - looking for those who are looking for aggressive growth

- Property Manager
- Raleigh, NC
- Posts 117
- Votes 110
Hey Sammy, thanks for introducing yourself. I am a property manager here in the Triangle, and I would love to meet up sometime. I'll send you a connect request.
Post: Pints & Properties - Raleigh - May Meetup

- Property Manager
- Raleigh, NC
- Posts 117
- Votes 110
Thanks for organizing this, Shane. I cannot make it tonight, but plan to join next month.
Post: Furnished Finder and PMS Like Guesty, Etc - Anyone doing this?

- Property Manager
- Raleigh, NC
- Posts 117
- Votes 110
Quote from @Nicole Heasley Beitenman:
Is it difficult to manage an MTR with a traditional LTR software?
Not in my experience, Nicole. It is fairly straightforward.
Post: Raleigh MTR Investors?

- Property Manager
- Raleigh, NC
- Posts 117
- Votes 110
Quote from @Tahj Johnson:
Hello all, Im Tahj. Are there any Investors that are operating MTR in the Raleigh-Durham Area? Whether that be Travel Nurses, Insurance Claims, etc. Im an NC Native looking to invest in that area. If so, Let's connect!
Hi Tahj, I am a property manager who does a significant amount of work with MTRs in the Triangle. Let's connect!