Has anyone been involved in the corprate letting market?
I know there are a lot of threads about "serviced apartments" and holiday letting, but what about the short term rental market and corporate letting?
And doing it privately, without involving on site property managers?
Has anyone been involved with this and what are the thoughts, because the returns, if done correctly and in the right areas, could be pretty good, as far as I can see?
Apartments in Small boutique buildings,depreciating furniture packs, much higher then avarage rents,as long as the body corp allows short term,and you can get a reliable property manager nearby for the keys, inspection and cleaning issues, with the current rental market this option seems fantastic.
Go on...knock my dreams of owning lots of beatifully furnished apartments right down... I am prepared.
Do I have blinkers on, or are there huge issues that I am not looking at?
cheers everyone
bianca
I know there are a lot of threads about "serviced apartments" and holiday letting, but what about the short term rental market and corporate letting?
And doing it privately, without involving on site property managers?
Has anyone been involved with this and what are the thoughts, because the returns, if done correctly and in the right areas, could be pretty good, as far as I can see?
Apartments in Small boutique buildings,depreciating furniture packs, much higher then avarage rents,as long as the body corp allows short term,and you can get a reliable property manager nearby for the keys, inspection and cleaning issues, with the current rental market this option seems fantastic.
Go on...knock my dreams of owning lots of beatifully furnished apartments right down... I am prepared.
Do I have blinkers on, or are there huge issues that I am not looking at?
cheers everyone
bianca