3 Keys to Finding a Great Midterm Rental Deal

Click Here to learn more about my "Done For YOU MTR" Service (Must have at least $50K & a 680 credit score to qualify for this service so you can comfortably buy an MTR, pay for furnishings, etc.)Bailey Kramer shares three rules of thumb for finding strong midterm rental deals: (1) the “2% rule,” targeting average monthly rent around 2% of the purchase price (with higher percentages being better), (2) focusing on deal structure—not just price—by using tactics like seller credits, financing small price increases to reduce cash to close, and buying furnished to improve cash-on-cash returns, and (3) recognizing that great deals require time, volume, negotiation, and follow-up, including making many offers. He also describes his done-for-you midterm rental service that helps clients choose markets, analyze and underwrite all qualifying listings, and negotiate terms to turn good deals into great ones, typically working with investors who have at least $50,000 saved and a 680+ credit score.00:00 Welcome and Overview00:47 Key One 2% Rule02:18 Key Two Deal Structure05:51 Key Three Do the Work07:10 Done for You Service07:43 How We Find Deals09:37 Who We Work With10:06 Wrap Up and Next Steps