All Forum Posts by: KiKi Wood

We personally use a mix of both (STR and MTR)! In Indianapolis, we are known to have a "seasonality" in our Airbnb market, so some of our units even transition to MTR in the winter! I love both, though!

Hi! My fiancé and I run an STR/MTR management company in Indianapolis, IN. We manage 21+ properties, and I also sell real estate!

Like @Eliott Elias said, it is a beast to invest in real estate out of state, if you don't have a team!

We work closely with out-of-state/country clients everyday, and we have successfully helped 6 clients just this year invest and manage their LTR/MTR/STR. Indianapolis is known for its low price point and growing rental demand.

If you're interested in the Indianapolis market, or just learning more about this market in general, I would love to connect! :) I also made a post about the best areas in Indianapolis to invest in if you want to check it out! 

 @Yael Lederman this is a great way to test the market! Love it. 

That is a great strategy! Personally, we make sure that the home fits our basic requirements. In Indianapolis, there are areas that have a great price point, but don't fit our requirements for LTR or STR. So, thats when we look to see if it would be a good MTR. MTR is a great way to have a larger cashflow than LTR, but not all the maintenance of a STR. If it is near a hospital, it almost always rents! :)

Hi! From what I understand, I think selling would be the best option in your situation, but you could always try a different route for a short period to see if it works out, before selling! 

I may be biased, but I feel that STR is the way to go! If the home is already furnished, it would not take a lot of time to get it started! STR is a great way to make good money from a rental, and it almost always cash flows more than a LTR.

If you are looking for something that is a little lower-maintenance, then MTR is a good "middle-ground", where the leases are a little longer than STR, and you will not have to invest as much in changing decor or furniture!

Hi Brian! 

In my opinion, STR and MTR is the way to go! I'm not sure if you're looking in different markets, but my fiancé and I run a STR/MTR property management group in Indianapolis, IN! I would love to connect if you're looking for different markets to learn about. :)

Let me know!

Hi! I use Storen Financial. They are based out of Indy, but I think work all of Indiana! They're super awesome.

Hi Derek! My fiancé and I run an STR/MTR property management group out of Indianapolis. We manage over 21+ properties! I would love to at least connect and see if we can help you.

Here is our website! :) 

brentwoodpropertygroup.com

We use Airbnb and Furnished Finder almost exclusively! We have have stayed away from VRBO, but are contemplating putting our properties on both. 

We manage 21 properties (2 are MTRs, the rest are STRs), and I personally love Furnished Finder if you're looking for a lower maintenance option for a corporate lease! There are ways to make things budget friendly, and you don't have to worry about furnishing the unit "as much" because it's not as competitive as STR sites. There are some great resources on BP about how to talk to landlords about corporate leases as well!

I agree with the people above! I would look at the other STRs in the area, and see what they offer!