Join us for Networking and a program presented by

                                   Mel Vollen

 Prior to becoming a licensed Realtor, I began my investment journey in 2018 by purchasing a duplex sight unseen from California to house-hack. This quickly turned into an opportunity for a cash out refi that I put towards an off-market 4-unit in Ocean View. I operated two of the units as STRs with a plan for a third until I received my cease and desist letter from the City of Norfolk. Panicked, I had to pivot my business...with little research, I realized the law states anything less than 30 days was considered "short term." I found a way to target audiences to rent from me for 30 days or more and I was HOOKED! My occupancy was near 95% and the workload was way less taxing. More "passive," some would say, but not losing out on higher income potential. I left my W2 job at the end of 2020 to pursue real estate full time. I now operate 12+ units combining my own and co-hosting for other owners. I've mentored 75+ clients and investors in acquiring or jump-starting their MTR businesses nationwide, I run a FB group for furnished rental investors, I host a national MTR meet up with the STR Sisterhood, and hosts a quarterly Furnished Rental meetup in Hampton Roads. My goal is to make Hampton Roads more furnished rental friendly as a member of the Short Term Rental Alliance (STRA) and STRIVE. I, along with my partners plan to become the "go-to" for furnished rental property purchases, start-up and management in Hampton Roads.

Bullet Points for tonight’s discussion will be:

  • Increasing cash flow with Mid-Term Rentals
  • MTR Deal Analysis 
  • Where to Find MTR guests and How to Place Them 
  • What's next for the MTR Industry

RESERVE YOUR SPOT HERE

Please pre-register to help us plan 
Members Free
First Time Guest Free - Pre-register at trigofva.com
Non-members $25 - Pre-register and pay at trigofva.com

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May's Meeting Topic
How To Use chatGPT To Grow Your Business

Reserve Your Spot Now

 

Save the Date for the 2024 Summer Party

Tuesday, July 16th Spirit of Norfolk Cruise

Details to follow

 

 

 

Contact Us

Tidewater Real Estate Investors Group
  • (800) 874-4976
  • P.O. Box 5193
  • Virginia Beach, VA 23471

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