Landlord Diaries - The Monthly Rentals Podcast

Furnished Finder
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7 snips
Aug 28, 2023 • 39min

FF53 40+ Corporate Housing Units But Only 1 Arbitrage Partner w/ Stay Nixon

Founder of Stay Nixon, Jeremy Nixon, discusses his journey of building a portfolio of 40+ arbitrage-style units. He shares property acquisition strategies, management techniques, and their unexpected pandemic success. Co-host Katie reveals her secret method for comfortable profit margins. They also discuss property evaluation, lease initiation, noise monitoring software, and doorbell cameras. Jeremy invites listeners to experience Stay Nixon's services in San Antonio.
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Aug 21, 2023 • 49min

FF52 From House Hacking to Landscape Lighting: Create A Safe Ambience For Your MTR Guests w/ Jillyan

Connect with Furnished Finder.Light up your real estate knowledge as we sit down with Jillyan MacMorris in our latest episode, an inspiring host in the mid-term rental real estate investment game who’s adding a bright twist to property management through her company, Nightlight Inc. Jillyan walks us through her exciting and innovative journey of house hacking, arbitrage condos, and navigating the midterm rental space. Her enlightening insights will help you see your real estate portfolio in a whole new light!Jillyan dishes out her secret sauce for maintaining a comfortable environment for tenants, from the clever use of code locks to transforming dining rooms into cozy living areas. Eager to know more about her house rules and couch surfing experiences? Tune in to discover how this property guru manages to create order amid the chaos.Lastly, we delve into the world of landscape lighting with Jillyan, who shines a light on its crucial role in home security. If you're looking to illuminate both the safety and aesthetic appeal of your property, Jillyan's got some bright ideas for you! We explore different variations of outdoor lighting, how to install bistro lighting for the desired effect, and the pitfalls to avoid. Trust us, you don't want to miss this illuminating episode packed with incredible advice, enlightening conversations, and bright ideas.Part 1 Jillyan’s house hack & past arbitrage condosPart 2 Improving Lighting at night for your real estate portfolioPart 3 How Jillyan has implemented Night Light at her home.Jillyan's Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Jillyan.MacMorris  The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.
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Aug 14, 2023 • 1h

FF51 Turning Unused Space Into a Profitable Rental: MTR Insights and Tips for Property Investments and Landlord Practices

Connect with Furnished Finder.Imagine turning a little-used room in your home into a successful rental side hustle that generates a consistent income. This is exactly what our guest, Barry and his wife Sharon achieved. Together, they've ingeniously transformed an ordinary storage bedroom into a sought-after rental space for traveling medical professionals. Barry takes us through their journey, from designing a private entrance that ensures privacy for their tenants to the financial benefits they've reaped from this venture. View Barry's listings on Furnished Finder and get a copy of his book, The Downsize Side Hustle. Barry doesn't just share his story, he also offers some exceptional insights for anyone interested in the property market. By leveraging creativity and innovative solutions, he shows how you can add value to a home and generate a steady cash flow. Notably, he also shares an ingenious business solution for those with limited capital, demonstrating the potential benefits of a high-velocity money system. More so, if you're over 65 and residing in Texas, you'll definitely want to hear about the tax exemptions you might be missing.The episode concludes with Barry sharing some invaluable landlord tips. Drawing from his experiences of renting to varying tenants, he discloses the importance of conducting credit checks and having insurance as a safety net. Furthermore, he explores the perks of passive investments and closed-end funds, highlighting their tax-efficiency and liquidity. Lastly, we discuss the power of generosity and paying it forward. Loaded with useful information and practical tips, this episode is essential listening for anyone considering downsizing or investing in property. The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.
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Aug 7, 2023 • 42min

FF50 What Size is Best For Mid-Term Rentals? w/ Stars of Boston

Connect with Furnished Finder.Today we talk with Kama Cicero, Founder & Owner at Stars of Boston. Kama has 22 years of experience in real estate and 7 years operating Stars of Boston. In this episode we will discuss Kama’s large variety of mid-term rental sizes from room rentals to 5 bedroom homes. In total, Kama has 60+ units she operates as both short term and mid term rentals. Kama’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=STARS*%7Cof*%7CBoston The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.
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Jul 31, 2023 • 60min

FF49 Solid ROI From 9 Mid-Term Rentals in 3 Multi-Family Buildings w/ Zosia Madden

Connect with Furnished Finder.Today we travel to Denver, Colorado, to talk with Zosia Madden. Zosia & her husband Tyler own 3 multi-families in Denver & Aurora, with 9 of the units being utilized as mid-term rentals. This dynamic duo owns a bespoke luxury construction firm called Laurelless, specializing in high-end residential remodeling. You may find these two on Bigger Pockets from time to time as well. In this episode we cover:(Points organized in episode order)The journey of LaurellessPortfolio, buy box and exit strategiesCrazy story about purchasing a couple MTR multi-familiesPerfect BRRRR opportunityThere’s a market for all kind of MTR propertiesAnalyzing the value of your MTRSystems and processes for 1 or 10 propertiesYou found your income management spreadsheet where?The design aspect of MTRs to create a beautiful and budget friendly homeWhat should you supply in your MTR kitchens?In style remodeling tips for your kitchenZosia & Tyler on Bigger PocketsZosia’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=zosiamadden  The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.
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Jul 24, 2023 • 52min

FF48 10 Month Stays & Booked Year Around Using The Mid-Term Rental Strategy w/ Terry Roberts

Connect with Furnished Finder.Today we talk with Terry Roberts in Memphis, Tennessee. Terry would like to discuss why mid-term rentals are his preferred real estate strategy and how he accomplishes bookings within hours of posting his properties. Terry averages 10 month stays and reaches an almost perfect occupancy rate with one day flips. Terry owns six 3 bed, 2 bath single family homes and one 2 bed, 2 bath home. Website Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats https://www.furnishedfinder.com/Resources/PMResources https://www.travelnursehousing.com/ https://www.furnishedapartments.com/ Terry's Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=THE%20PLAZA%20at%20Montebello The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.
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Jul 17, 2023 • 32min

FF47 Your First Mid-Term Rental Can Be Easier Than Expected w/ Nurse Andrea Hendricks

Connect with Furnished Finder.With us today is Andrea Hendricks, infusion nurse, property owner and mid-term rental host in the Austin, Texas area. Andrea has established herself as a 5* host on Furnished Finder and has many tips on the ease of getting started in the mid-term rental space. In this episode we cover:(Points organized in episode order)The w2 job as an infusion nurseThe investment propertySetting up a real estate contract without a realtorLearning from your mistakesBuying in a tough marketWho are your rentersThe size of the propertyValuable tools for your mid term rentalsHow KeyCheck makes your life easierRound table discussion about KeyCheck LeasesSetting yourself up for 5* reviewsThe hospitality side of mid term rentalsLandlording for MTR tenants is easier than you expectAndrea’s ending advice: Jump in and get startedAndrea’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Andrea.Hendricks The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.
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Jul 10, 2023 • 1h 2min

FF46 From Managing 14,000 Commercial Units to Building Her Own MTR Portfolio w/ Jamie Banks

Connect with Furnished Finder.Today we talk with Jamie Banks, CEO of Radiate Real Estate. While Radiate is a rising star in the mid-term rental space, Jamie has a wealth of knowledge and expertise in processes. In her previous role at Fundrise, a large commercial real estate firm, Jamie managed 14,000 units across the U.S. She has already built some incredible systems for her MTR portfolio which will be the focus of today’s episode. Website Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats https://www.furnishedfinder.com/Resources/PMResources www.radiatere.comJamie’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Jamie.Banks16 Typeform- https://www.typeform.comThryv PMS- https://www.thryv.com/ Baselane- https://www.baselane.com/ Loom- https://www.loom.com/ Canva- https://www.canva.com/ Turno- https://turno.com/  The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.
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Jul 3, 2023 • 36min

FF45 Seriously?! 1,000 Furnished Rentals This Year w/ Patriot Family Homes

Connect with Furnished Finder.Keeping July 4th in mind, we talk with Kate Homme today who is the Chief Growth Officer at Patriot Family Homes, headquartered in Chattanooga, TN. Patriot Family Homes is proud to be a veteran owned company focused on meeting the need for affordable, reliable housing predominantly near military bases in the South. The company is making big waves in the mid-term, short-term and corporate housing space with a 2023 company goal to acquire 1,000 furnished listings this year through acquisition, property management and leasing.Website Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats https://www.furnishedfinder.com/Resources/PMResources https://www.patriotfamilyhomes.com/ Patriot Family Homes Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Amy.Wigley41  The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.
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Jun 26, 2023 • 41min

FF44 Turning LTR or STR Guests Into MTR Guests w/ Yung Wei

Connect with Furnished Finder.Yung Wei owns 13 properties, 5 of which are furnished rentals, 2 triplexes, a quadruplex and a mix of 1-4 bedroom single family homes.  In this episode we cover:Growing your portfolio to 13 doorsYung started his investment journey w/ a 4 plexLessons learned about the mid-term rental processThe power of contingency plans and margins It’s easy to toggle between MTR & STR Yung has a great example of this! Converting long term renters into mid term rental guests Monthly furnished rentals reach a variety of needs Supply management and leveraging your cleaners Creating a 5* experience for your guests Hospitality is a mindset Ready for repairs? Yung’s Furnished Finder favorites State specific leases Website Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats https://www.furnishedfinder.com/Resources/PMResources Yung’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=yung.wei  The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.

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