Long Term rentals saved the day. #realestateagents #investment

10 Dec 2024 · 1 min

Watch on YouTube

0:34

Short YouTube video segment by Steve D Valentine discussing rental property strategy decisions: converting properties between long-term, midterm (three-to-six month) rentals, and targeting niches such as traveling nurses. Emphasizes experimentation with different rental types and practical choices about refurbishing versus renting as-is.

Chapters

More importantly is take the time to experiment with different things as you're running through this market. A rental property can go from just normal long term rental to midterm rental to those types of things. And that might be one of the things which we haven't discussed is midterm rental on this, which is a three to six month rental, and looking for like traveling nurses and things like that. So those may be some of the things because we're kind of looking around going, God, do we want to go back through the inventory of this thing and redo it, or do we want to just empty it and call it a long term rental? Yeah, what I'm thinking, all right, Mommy wins.