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Before our current tech startup business KeyHub (mykeyhub.com), we were multi-listing management company with 25 listings back in 2015. We have an insider in a sellers agency who have connections with owners of a to-be settled new apartment buildings. It’s in up north so the rental return was awfully low. We managed to convince them by offering either rental guarantee or extra % of return and undercut the recommended property management agent by the developer. Opportunities usually sit in newly established communities where owners are relatively young and open to short term rentals.
I live in NSW. I have 8 rental properties, 1 is commercial retail, 2 are STR and the rest an standard rentals. If I discovered one my my tenants was offering a room on a rental site they would have a notice of termination in their hands so fast that the ink wouldn’t be dry! That’s how this landlord feels about it.strong text