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The Rental Strategy That Survived Every City Crackdown, with Jeff Hurst

16 snips
May 5, 2026
Jeff Hurst, former Expedia/VRBO executive and CEO of Furnished Finder, explains the rise of furnished midterm rentals (30+ days). He discusses who rents them, why short-term regulation pushed supply into midterms, and where owners should spend on furnishings. He outlines how to research markets, spot demand signals like hospitals and data centers, and why midterms feel like the early days of short-term rentals.
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ADVICE

Furnish For $7 Per Square Foot

  • Avoid the short-term rental arms race; budget about $7 per square foot to furnish a midterm rental instead of $30–$40/sqft used for leisure listings.
  • Prioritize a functional kitchen and comfortable basics over Instagram decor to maximize cash-on-cash returns.
INSIGHT

Regulatory Risk Is Low For Midterm Rentals

  • Regulatory risk for midterm rentals is minimal because most city laws target stays under 30 days; HOAs are the largest remaining restriction layer.
  • Only a few places (e.g., parts of Hawaii) impose longer minimums around 90 days.
ADVICE

Always Underwrite As A Long-Term Rental First

  • Underwrite any purchase as an unfurnished long-term rental first to preserve a fallback exit strategy.
  • If it works as a long-term, furnishing it for monthly stays can boost income 20–50% while keeping a safe Plan B.
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