Landlord Diaries - The Monthly Rentals Podcast

Connect with Furnished Finder.Unlock the secrets to maximizing your rental income year-round with expert real estate investor Leslie Hooper! In this episode of The Landlord Diaries, Leslie shares her unique strategy of balancing short-term rentals (STR) during peak football season and mid-term rentals (MTR) for the rest of the year. With over a decade of experience and a thriving portfolio in Athens, Georgia, Leslie’s insights are a goldmine for both seasoned and aspiring investors.In this episode:0:00 Intro- Welcome to The Landlord Diaries2:05 Why Leslie loves The Landlord Diaries podcast3:25 Leslie’s accidental journey to mid-term rentals4:50 STR during football season, MTR the rest of the year5:45 Adding 4 seller financing condos to her MTR portfolio6:20 The Furnished Finder tenant types surprised Leslie 7:40 The real estate appreciation highway9:15 Leslie’s mid-term rentals are beautiful!10:05 Furnishing your MTRs at different levels to attract a variety of tenants14:15 Leslie’s example of a film crew renting her MTR14:50 The STR/MTR balance16:10 Planning your furnished rental calendar around local events17:15 Mid-term rentals can be a form of community service18:15 MTR is all about the balance, MTR is medium for everything19:15 How Leslie uses the Furnished Finder tenant tracking tool23:00 The proper way to keep your Furnished Finder calendar up to date24:45 Leslie’s last 5 purchases were seller financing deals from tired landlords26:55 A good reputation as a landlord leads to more deals or partnerships27:45 Tenants of 5 star hosts often bring your next tenant28:40 Leslie’s first mid-term rental was filled within 48 hours29:15 The Furnished Finder unit feature & why you should market each unit30:55 With a surplus of mid-term supply, many MTR landlords work together31:55 Words of wisdom from Leslie’s real estate journey33:50 Know your midterm rental exit strategies34:20 Leslie learned a lot of her risk tolerance from Shark Tank’s Barbara Corcoran36:55 Connect with Leslie through her Furnished Finder listing in the show notes37:20 Homework: Check your calculated MTR risk on FurnishedFinder.com/stats🚀 What You’ll Learn:The surprising journey from house hacking on Craigslist to dominating the mid-term rental market.How Leslie’s MTRs consistently attract high-quality tenants, from traveling professionals to film crews, through Furnished Finder.The importance of strategically planning your rental calendar around local events and how this can boost your revenue.Proven tips on furnishing your rentals to cater to a variety of tenant types and budgets.How to leverage seller financing deals from tired landlords to expand your portfolio.🔗 Resources:Learn more about Furnished Finder: WebsiteExplore Leslie’s Furnished Finder listings: Leslie’s ListingsLeslie’s IG: @lareinadefire 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.

Connect with Furnished Finder.Welcome back to another insightful episode of The Landlord Diaries! This week, we're thrilled to have Jeff Hurst, President & CEO of Furnished Finder, join us once again. If you missed Jeff's latest state of the union address, be sure to check out episode 100 for a comprehensive update.In today's episode, Jeff reveals exciting new platform updates and products designed to help you secure more bookings for your mid-term rental properties. From debunking common myths to sharing impressive landlord success stories, this episode is packed with valuable insights and tips to boost your rental income.In this episode, we cover:0:00 Intro: Welcome to The Landlord Diaries3:45 Why Jeff Hurst is CEO & President at Furnished Finder4:25 Impressive facts we learned from landlords this quarter5:45 How landlords are making significant income through Furnished Finder7:10 Myth Buster: Our travelers are not just travel nurses8:10 Fastest growing tenant types on Furnished Finder11:05 Locations Furnished Finder excels13:30 Connecting landlords with relocation agencies16:10 Introducing our new Worry Free Waiver product20:25 Sneak peek: New look for the Furnished Finder property details page23:50 Stay updated with Furnished Finder's communication channels25:05 Tips for increasing bookings and meeting rising demand28:00 Various tenants types such as medical recovery stays29:40 Call to action for all Furnished Finder landlords30:05 Celebrating Furnished Finder's 10 year anniversary!30:50 Share your success story with Furnished FinderJoin us for this engaging discussion and discover how to maximize your rental potential with the latest tools and strategies from Furnished Finder. Whether you're a seasoned landlord or just starting, this episode offers something for everyone. Tune in now and stay ahead in the ever-evolving rental market!Keywords: real estate investing, mid-term rentals, Furnished Finder, rental income, property management, landlord tips, Jeff Hurst, relocation agencies, travel nurses, rental market trends, new rental products, property updates, rental success stories, rental demand.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.facebook.com/groups/furnishedfinder.travelnursehousing/ Worry Free Waiver Details:https://www.furnishedfinder.com/members/worry-free-waivers Episode Blog:https://www.furnishedfinder.com/blog/furnished-finder-updates-from-ceoNew Property Details Page Blog:https://www.furnishedfinder.com/blog/new-property-details-pageEnjoying our show? We would be honored to receive your 5* review 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.

Connect with Furnished Finder.Welcome to The Landlord Diaries! In this episode, we sit down with Allen Duan, a mid-term rental powerhouse with a portfolio of over 26 managed and arbitrage properties in Southern California. Allen shares his incredible journey from short-term rentals (STR) to mid-term rentals (MTR), a strategic pivot driven by local restrictions and market opportunities.Allen's success story is a masterclass in leveraging platforms like Furnished Finder to host thousands of guests and generate substantial booking volumes, ranging from $2k/month for studios to $10k/month for three-bedroom homes. He provides a detailed walkthrough of his process, including the importance of networking, building a strong team, navigating real estate laws, and the nuances of rental management, arbitrage, and co-hosting.In this episode, we cover:0:00 Welcome to The Landlord Diaries2:45 Allen started in STR but shifted to MTR due to local restrictions3:30 What led Allen to real estate & specifically the arbitrage & management model?5:10 The Hospy Homes Team & portfolio6:00 Allen’s perspective on rental management, arbitrage & co-hosting7:35 Did state & local laws require Allen to obtain a broker’s license?9:30 Evaluating your portfolio in the growth stage10:30 Hospy Homes total booking volume was around $700k in 202311:40 Allen’s perspective on short term vs. mid term rentals14:55 Allen’s success with around 20 listings on Furnished Finder16:15 About 40-50% of Hospy Homes MTR bookings come from Furnished Finder17:40 Hospy Homes experience with studio to 3 bedroom homes19:25 What Furnished Finder has learned about tenant communication23:35 Hospy Homes takes a damage waiver of $150 rather than a deposit29:50 How Allen scaled to 26 managed & arbitrage mid-term rentals in 5 years31:10 Tips for partnering with arbitrage & management property owners36:20 Allen’s complimentary mid-term rental analysis for his potential clients38:20 Furnished Finder’s mid-term rental stats tool39:00 Details to include in your management & arbitrage contracts40:15 How Hospy Homes keeps their property owners informed41:15 Building your team & standard operating procedures42:45 Helping your team thrive & find value in their position44:15 Networking is a huge part in expanding your mid-term rental business48:45 How to connect with Allen, Founder of Hospy HomesWebsite Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats https://www.facebook.com/groups/furnishedfinder.travelnursehousing/ Connect with Allen, Founder of Hospy Homes:https://www.furnishedfinder.com/members/profile?u=allen.duanhttps://hospyhomes.com/ @allenduan120E-Myth Bookhttps://a.co/d/iUOMeT8  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.

Eric Greenstein, a seasoned real estate investor and founder of LikeMinded, shares his journey in the real estate landscape. He discusses the transition from short-term to mid-term rentals, highlighting effective room rental strategies. Eric delves into the benefits of utilizing platforms like Furnished Finder for tenant leads and innovative management tools. He emphasizes the importance of tenant screening for harmonious living and offers insights on maximizing cash flow through unique amenities and understanding market trends. A wealth of practical advice for aspiring landlords!

Connect with Furnished Finder.Welcome to The Landlord Diaries! In this episode, we sit down with Christine Xie and Katie French, two of the innovative founders behind IZEAL STAY, a modern, fully furnished corporate housing solution in Las Vegas. Operating over 40 properties for mid-term and short-term stays, IZEAL STAY is revolutionizing the rental market.Episode Highlights:0:00 Intro: Welcome to The Landlord Diaries2:50 The Founding of IZEAL STAY: Discover the journey behind IZEAL STAY's inception.4:20 Mid-Term Rental Arbitrage: Learn why this strategy is a game-changer in real estate investing.6:25 The IZEAL STAY Portfolio: Explore their extensive and diverse property portfolio.7:05 Three-Part Business Model: Uncover how their innovative approach attracts property owners.8:55 Rapid Growth: How IZEAL STAY scaled impressively within the first 5 months.10:10 Business Partnerships: Insights on scaling quickly with the right partners.11:45 Social Media & Relationships: Katie French's expertise in social media and networking.12:00 Financial Management: Eva's role as the finance guru and office manager.12:10 Staging & Quality Assurance: Christine's expertise in client relations and property staging.12:55 Valuable Partnerships: How Furnished Finder and KeyCheck have been pivotal to IZEAL STAY's success.15:25 Data Insights: Leveraging Furnished Finder data for business growth.19:50 New Arbitrage Partners: The appeal of mid-term rental clients.21:50 Marketing Hubs: IZEAL STAY's leading mid-term rental marketing strategies.24:10 Streamlined Booking: KeyCheck's role in simplifying the booking process.26:25 Tenant Screenings: A round table discussion on best practices.33:15 Design Expertise: Christine's experience in designing over 120 furnished rentals.34:15 Hotel Market Demands: Using hotel trends as a guide for rental designs.36:50 High-Touch Furnishing Items: Best practices for furnishing mid-term rentals.40:40 Cleaning Tips: Spot cleaner advice from Katie and Kelly.41:55 Security Deposits: Differences in deposit standards for mid-term versus long-term rentals.43:55 Travel Industry Insights: Katie’s travel industry experience and its impact on mid-term rentals.45:15 Popular Requests: Single-story homes as a favorite among tenants.48:15 Networking Strategies: How networking contributed to IZEAL STAY’s rapid growth.50:35 In-Person Networking Tips: Enhance your Furnished Finder marketing with these tips.53:15 Marketing Essentials: Using QR codes and profiles for effective marketing.Website Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ Our Furnishing Checklist:https://www.furnishedfinder.com/blog/how-to-furnish-a-mid-term-rental Izeal Stay Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Rent2 https://www.furnishedfinder.com/members/profile?u=Eva.Hatten  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.

Connect with Furnished Finder.Welcome to "The Landlord Diaries," where we bring you inspiring stories and insightful tips from the world of midterm rental real estate investing. In this episode, we dive into the remarkable journey of Bailey Kramer, a young entrepreneur who chose real estate over college and is now generating over $12k per month with his mid-term rental properties in Indiana, Illinois, and North Carolina.At just 23 years old, Bailey's decision to forgo traditional education was influenced by the life-changing book "Rich Dad Poor Dad." Listen as Bailey shares his experiences overcoming the biggest obstacles as a young investor, securing his first property, and strategically growing his portfolio with the help of real estate partners found on the Bigger Pockets forum.Discover Bailey's pivotal decision to sell his six investment properties during his senior year of college and his evolution to a mid-term rental strategy, where 50-90% of his bookings come from Furnished Finder. Bailey offers invaluable research tips for checking mid-term rental demand and supply in any area, along with calendar and pricing strategies to maximize cash flow and occupancy.From understanding the importance of guest avatars to mastering out-of-state management, Bailey's insights will equip you with the knowledge to elevate your real estate investing game. Tune in to connect with Bailey and learn how his entrepreneurial spirit and strategic mindset can inspire your own real estate journey.In This Episode, We Cover:0:00 Intro- Welcome to The Landlord Diaries2:45 The life-changing impact of "Rich Dad Poor Dad"3:50 Overcoming large obstacles as a young investor4:15 Securing your first property and growing your portfolio7:15 Meeting real estate partners through Bigger Pockets7:45 Bailey's shift to the mid-term rental strategy13:20 Research tips for mid-term rental demand and supply18:05 Calendar and pricing strategies for maximizing cash flow33:15 The significance of guest avatars in your business38:45 Key tips for out-of-state property managementWebsite 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.facebook.com/groups/furnishedfinder.travelnursehousing/ Bailey’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=bailey.kramer https://www.youtube.com/@baileykramer IG: @the_bailey_kramerJoin us on "The Landlord Diaries" for an episode filled with actionable advice and inspiring stories from the front lines of real estate investing.Tune in now and connect with Bailey Kramer to start your own journey towards financial freedom! 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.

Connect with Furnished Finder.Welcome to The Landlord Diaries, the ultimate podcast for property owners, real estate enthusiasts, and aspiring landlords interested in the mid-term rental strategy! Join us for an inspiring and insightful episode featuring Leslie Garcia, a successful mental wellness practitioner in New York City who has launched her first mid-term rental in Edgewater, Florida. Leslie's journey from her first six-month MTR booking to her vision of creating a wellness retreat is nothing short of remarkable.In this episode, we delve into:0:00 Intro- Welcome to The Landlord Diaries2:20 Leslie’s Insights from the Midterm Rental Summit: Discover the latest trends and strategies in the mid-term rental market.2:55 The Success of Leslie’s First MTR Guest: How a six-month booking kickstarted her thriving rental business.4:25 Creating a Wellness Retreat in Edgewater, FL: Leslie’s inspiring vision to combine mental wellness with mid-term rentals.5:35 Leveraging Furnished Finder: How Leslie used this platform to attract healthcare professionals and secure her first MTR.9:45 Understanding Your Market: Tips on attracting diverse traveler types in Edgewater, FL.11:10 Crafting the Perfect Vibe: How to design your MTR space to appeal to your niche market.12:45 Supporting Healthcare Professionals: Addressing burnout and providing a haven for hardworking individuals.15:10 Securing 5-Star Reviews: The importance of reviews in making tenants feel safe and setting your property apart.18:00 Marketing Property Flaws: Clever strategies to turn potential negatives into positives.23:35 Tenant Screening Process: Leslie’s meticulous approach, including essential phone calls.27:10 Avoiding Landlord Burnout: The four D’s every landlord should know to maintain their peace of mind.28:15 Exciting New Ventures: Leslie’s upcoming MTR project and her continuous growth in the rental market.29:50 Stay Connected: Learn how to connect with Leslie and gain further insights into the MTR world.30:15 State Spotlight: Find out if your state has been featured on The Landlord Diaries.Join us as we explore Leslie’s journey, her innovative ideas, and practical advice for creating a successful and sustainable mid-term rental business. Subscribe now to The Landlord Diaries and transform your rental property into a thriving, niche-focused haven!Keywords: Mid-Term Rentals, Wellness Retreat, Property Management, Real Estate, Furnished Finder, Healthcare Professionals, Rental Market, Landlord Tips, Tenant Screening, Rental Property Marketing.Call to Action: Subscribe now to The Landlord Diaries on your favorite podcast platform and never miss an episode! Connect with us on social media and join our community of like-minded landlords. Let's make your rental property dreams a reality!Website Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats Leslie’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Wellness%20Stays  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.

Connect with Furnished Finder.In this episode, we're diving into the world of mid-term rentals with Shawn Costley, a seasoned expert from Huntsville Corporate Housing Solutions in Alabama. Shawn has mastered the art of rental arbitrage, securing six out of his seven mid-term rentals through this innovative strategy. Join us as we explore three essential topics for every landlord and property manager:The 5 main mid-term rental traveler types in Huntsville, Alabama5 critical mistakes to avoid in the mid-term rental spaceBest practices for successful rental arbitrageIn this episode we cover:0:00 Intro- Welcome to The Landlord Diaries0:40 What is arbitrage?2:55 Shawn’s journey to MTR & corporate housing4:00 ALE Solutions is a power user on Furnished Finder4:30 Why Shawn chose arbitrage for his MTR strategy6:45 Shawn’s 5 MTR traveler types in Huntsville, AL7:45 Insurance displacement clients12:00 Tech company clients such as Amazon & Samsung14:35 Defense Industry clients18:00 Fishing Tournament clients21:25 Work crew clients29:50 5 mistakes not to make in the mid-term rental space29:55 When you stay in the property, you catch things you may not be aware of35:25 Items frequently missing from a mid-term rental home37:10 Don’t underestimate the power of marketing41:40 Have reserves & be ready to pivot44:10 Arbitrage best practicesWebsite 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.facebook.com/groups/furnishedfinder.travelnursehousing/ Shawn’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Shawn%20Costley www.HuntsvilleCorporateHousingSolutions.com info@corporatehousingsolutions.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.

Connect with Furnished Finder.In this week's riveting episode of Furnished Finder's podcast, The Landlord Diaries, we sit down with Tara Jenkins from Chicago, Illinois. Tara is not only a mother of three with multiple degrees in hospitality, but she also has a profound love for travel. She masterfully manages five hybrid short-term/mid-term rental (STR/MTR) properties—four local and one out-of-state in Palm Harbor, FL.Tune in as we dlve into:A Prime Location: Discover the secrets behind Tara's Wrigley Field 2 bed, 2 bath MTR, commanding $6,000 a month.Luxury and Convenience: Learn about her spacious 4 bed, 3 bath rental with a 2-car garage and EV charging, which pulls in a whopping $11,500 monthly.Booking Strategies: Find out how 40-50% of Tara's MTR bookings are secured through Furnished Finder.Appealing Additions: Understand the impact of adding a charcuterie board and red wine to your property photos.Essential Tools: See why Tara recommends adding CubiCasa to your MTR toolkit.Join us for an episode filled with valuable insights and practical tips that can help transform your rental business. Don't miss out on learning how Tara bounced back from a significant financial loss to create a safer and more profitable landlording strategy!"0:00 Intro2:20 Tara’s real estate journey started w/ a 2 flat unit3:40 Losing $30k in 2 days5:35 Tara’s real estate portfolio6:35 Bigger Pockets books8:30 The ups & downs of real estate investing13:18 Property themes13:40 Wrigley Field 2 bed, 2 bath MTR for $6,000/mo16:50 Norwood Park, Tara’s 2/1 house hack for $4,500/mo19:50 Why the mid-term rental strategy felt safer20:40 North Center 2/1 for $7,000/mo21:35 Chicago seasonal pricing22:20 Spacious 4/3 w/ 2 car garage & EV charging for $11,500/mo26:15 40-50% of Tara’s MTR bookings come from Furnished Finder27:15 Should you drop your price or change up your marketing?32:20 Adding a charcuterie board & red wine to your property photos33:40 The Cycling Mermaid, 4/2 in FL for $7,000/mo35:30 Self managing an out of state property37:45 Hybrid MTR/STR calendar management38:45 CubiCasa43:30 Furnishing a property out of state45:00 HostGPO47:15 An MTR vs. STR marketing advantage50:35 Furnished Finder tips for securing MTR guests during off-seasonWebsite Links:https://www.furnishedfinder.com/ https://www.furnishedfinder.com/members/profile?u=Tara.Jenkins82 https://www.cubi.casa/ https://hostgpo.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.

Connect with Furnished Finder.Today we recap our key takeaways from the 2024 Mid-Term Rental Summit brought to you by Jesse Vasquez & Furnished Finder. If you missed this one, then we hope you plan to join us next year! Watch your Furnished Finder emails or follow www.MidtermRentalSummit.com.In this episode we cover:0:00 Intro- Welcome to The Landlord Diaries1:20 Why Furnished Finder partners w/ Jesse Vasquez to offer the MTR Summit2:10 Why should you consider the mid-term rental strategy? 3:50 Why Furnished Finder is the go-to place for mid-term rentals5:40 A Sneak Peak At Exclusive Furnished Finder stats6:25 Top mid-term rental markets by demand7:55 Landlord check in, are you doing your best to stand out to travelers?8:15 Furnished Finder is not a set it and forget it platform 8:30 40% of travelers do this…9:05 Only 2/3rds of landlords do this…9:25 Highlight your mid-term rental perks to stand out11:10 Large variety of traveler types12:05 Furnished Finder CEO & President, Jeff Hurst13:35 Jeff wants your feedback!15:25 News stories leading investors toward mid-term rental real estate investing18:40 Why it’s so valuable to be in person at the next MTR Summit 202520:45 MTR is not survival of the fittestWebsite 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.facebook.com/groups/furnishedfinder.travelnursehousing/ Katie’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=katie.lyon8 Kelly Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Kelly*|B.  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.