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Landlord Diaries – The Monthly Rentals Podcast — Business
Landlord Diaries – The Monthly Rentals Podcast

Most landlords learn through trial and error. Landlord Diaries gives you the cheat codes for getting into monthly (mid-term) rentals and learning how they actually work.

Expert hosts Kelly Bailey and Katie Lyon reveal the secrets to finding success in the monthly rental game. They talk with real landlords who have figured it out, so you can learn real strategies on investment, property management, and building real estate income without the chaos of short-term rentals or the headaches of long-term leases.

If you’ve ever wondered whether monthly rentals could work for you, this is where you start. Furnished Finder is the trusted leader in the category, connecting millions of travelers with furnished 30+ day housing across the US. No booking fees, no commissions, just one low annual listing fee, and you have total control of your rental.

Your next rental strategy might be one episode away. Find recent episodes and meet Kelly and Katie at https://www.furnishedfinder.com/resources/podcast

Copyright: © 2023 The Landlord Diaries

Latest Episodes:

FF71 Do Misfit Houses on The MLS Make Good Mid-Term Rentals? w/ David Rosenbeck Dec 04, 2023

Show notes

Today we talk with David Rosenbeck in Fort Wayne, Indiana with 6 mid-term rentals and 1 long term rental. In 2020, David was a nurse practitioner making $120k annually but wasn’t seeing much of a difference in his bank account so he googled “what should I do with my money in my 20’s” and landed on short term rentals first but found the mid term rental strategy was more his style. David will explain his unique buy box and how misfit properties can make the best mid-term rentals.

David’s Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=HarmonyHomes

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.

FF70 3 Bedroom MTRs, 6-10 Month Stays, Furnished Finder Algorithm & More w/ Daniel Saravia Nov 27, 2023

Show notes

Daniel Saravia was born in El Salvador, has lived in Lexington, Kentucky, for over 24 years now and quit his w2 in 2019 to pursue full time real estate investing. He and his wife have 4 kids that are very involved in the family real estate business as well. Their current portfolio includes 7 properties in total, 2 long term rentals and 5 mid term rentals, many of which are 3 bed, 2 bath homes.

In this episode we cover:

(Points organized in episode order)

From immigrant to Lexington, KY
Daniel’s portfolio- 5 MTRs & 2 LTRs
Really think hard before you leave your w2, you can totally do both
Daniel’s real estate was not affected by COVID
Daniel’s medical travelers average 6-10 month stays
Building equity through renovations
Home run fixer uppers
Securing renewals in your MTR rentals
How your kids can be part of your real estate business
Hiring the right CPA for real estate
Using a line of credit to purchase multiple properties
The value of unmatched Tenant Leads on Furnished Finder
Daniel shocks his tenants with how quickly he responds
Furnished Finder algorithm placement tips
How you present your property affects your bookings
What size gap do you like for your turnovers?
Discounted hotels are a service to the landlords
It’s not just travel nurses, relocation companies and even horse trainers use Furnished Finder

Daniel’s Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=Daniel.Saravia

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.

FF69 5+ Modifications To Make Your Property Accessible & Maximize Cash Flow w/ Cindy Caldwell Nov 23, 2023

Show notes

Today we talk with Cindy Caldwell, an out of state investor who lives in Philadelphia and has a short term, mid term rental in North Myrtle Beach, South Carolina. Cindy has 30 years of experience in health care as an occupational therapist with a specialty in home modifications. We will focus today’s episode on three parts: the STR/MTR condo in SC, Cindy’s experience with KeyCheck and analyzing your home for guests with accessibility needs.

In this episode we cover:

(Points organized in episode order)

Why Cindy chose an STR/MTR in North Myrtle Beach, SC
Why STR hosts naturally venture into the MTR space
STR & MTR seasons and profit analysis
Cindy explains how simple it is to use the 3 KeyCheck features
Preparing your home for travelers with accessibility and disability needs!
Only .002% of Furnished Rentals Are Prepared For Disabled Travelers, Are You?
What types of disability needs are out there?
How to capture the right pictures for accessibility needs
Easy, budget friendly home modifications for accessibility
What size door way do you need to be wheelchair accessible…
How to fill out the accessibility section on Furnished Finder
Does your city offer rebates for making your showers or toilets more water efficient?

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/

Cindy’s Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=Cynthia.Caldwell53

Becoming rentABLE:

https://www.becomingrentable.com/

ZINUS 12 Inch Green Tea Memory Foam Mattress

https://a.co/d/dyU4FIq

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.

FF68 Less Than 1% of Furnished Rentals Are Prepared For Disabled Travelers, Are You? Nov 20, 2023

Show notes

Today we have the privilege to talk with Lorraine Woodward, a host on Furnished Finder who would like to share with us her personal journey through muscular dystrophy and hosting families through end of life care. As founder of Becoming rentABLE, a furnished rental listing platform designed specifically for travelers with accessibility needs, Lorraine is making huge waves in educating others about the need for affordable, accessible housing. I hope we all leave today’s episode with a better understanding of how to be more prepared for our travelers with disability and accessibility needs.

Listen now to hear these 4 powerful stories...

The Woodward family story of traveling with 3 wheelchairs
The Little Yellow House- impacting families through end of life care
The Beach House- providing hope to a guest w/ ALS disease
16 year old that never had a place to shower on vacation

In this week's episode, YOU can help create social change...

Are there ADA rules for short and mid term rentals?
One rule that applies to ALL our rentals- service animals
People first language to show respect, especially to those w/ disabilities
Big need for accessible properties near hospitals

Lorraine’s Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=Lorraine.Woodward

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.

FF67 Do MTR Guests Stay Longer When They Are Part Of A Community? w/ Kristen Vilasuso Nov 13, 2023

Show notes

Today we talk with Kristen (Gaylord) Vilasuso, a mid-term rental investor in the state of Maine. Real estate investing comes in many different shapes and sizes and we will see this today in Kristen’s portfolio. Her passion is giving back to Maine communities and one of the ways Kristen does this is by educating her neighbors on why mid-term rentals are important in their community.

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/

Kristen’s Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=Kristen.Gaylord

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.

FF66 $1.1 Million In Gross Revenue Per Year w/ Jesse Vasquez, Mid-Term Rental Coach Nov 06, 2023

Show notes

*** EARLY BIRD TICKETS ARE LIVE FOR THE MID-TERM RENTAL SUMMIT 2024***
Today we welcome back mid-term rental legend, Jesse Vasquez. Most of you probably watch his mid-term rental content on YouTube, but if not you should definitely start following his social media channels. Jesse is the founder of AirVenture Hosting Co, and is on fire in the mid-term rental and real estate coaching world. Get this - with a portfolio of just 14 properties, Jesse brings in $1.1 million per year in gross revenue! Today Jesse will give us a few easy steps on how to be a successful business owner in the midterm rental world and confident in your approach!

NEVER SEEN BEFORE Cold Call Example w/ Jesse Vasquez (20 Min In!)

In this episode we cover:

(Points organized in episode order)

Next Mid-Term Rental Summit Coming Soon!

How Jesse’s business has changed since the Mid-Term Rental Summit

Utilizing the Furnished Finder tools to build your MTR client relationships

LIVE EXAMPLE of how to cold call TENANT LEADS w/ Jesse Vasquez

Be that 1% of MTR investors by doing this…

Apply these 3-5 things to make your property stand out

What can an MTR landlord do to make their company stand out

Build a simple landing page with a few key aspects Jesse highlights for us

Low hanging fruit marketing tips for your MTR business

Jesse has 5 touch points to secure guest loyalty and return stays

Is your mindset limiting your potential?

2024 MID-TERM RENTAL SUMMIT TICKETS ARE LIVE:
https://jesse-vasquez-9a06.mykajabi.com/offers/M2VzudvU/checkout
Jesse’s Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=jesse.vasquez

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/
https://www.airventurehosting.com/

www.Midtermrentalsummit.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.

FF65 From $5/Hr Working Two Jobs To $20 Million In Net Worth w/ Anne Curry’s Get Rich Slow Plan Nov 02, 2023

Show notes

Anne Curry is in the top 1% of real estate brokers in Pierce County, Washington, which includes two prominent suburbs of Seattle- Tacoma & Bremerton. Anne has been featured on the Bigger Pockets podcast talking about her affordable housing success story and Insider Magazine highlighting her 311-unit portfolio. Anne has sold over 1,000 homes, developed housing communities and created homes from the ground up including a mid-term rental DADU in her backyard.
Mid-Term Rental Conversation Starts at 36 Minutes

Anne’s first mid-term rental was by accident

DADU’s in your backyard make great mid-term rentals

14 Unit Bremerton, WA Project- 1 bed, 1 bath cottages

How Anne found the Bremerton project by watching comps in her area

What’s next for Anne? 90 units in new construction, her 168 unit project & more

How to create opportunity in this market and the importance of an exit strategy

Anne Curry’s Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=Anne.Curry20

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.

FF64 MTR Life: Nurses, Tri-Plexes, Life is Leverage, H&M To Gucci Brand, VAs & More w/ Sam Mahmood Oct 30, 2023

Show notes

Today we talk with the successful and talented Sam Mahmood. At age 25, Sam went from being a Medical Device Sales Rep to starting his own company that he scaled in 5 years to a 7 figure organization. Sam bought 10 multi-family units at the age of 25 in Southern California when everyone said not to. Sam has housed travel nurses for the last 6 years before many of you even knew about Furnished Finder. And lastly, Sam has taken 6 medical device companies from $0-1M ARR (annual recurring revenue) within 3 years. Today, Sam will encourage us on how to improve our MTR brands and increase our revenue.
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/

Sam’s Listings On Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=Sam%20Mahmood

https://www.linkedin.com/in/sam-mahmood-06620484/

WWW.bettermouthtape.com

Gino Wickman’s Book- Traction

https://a.co/d/e2oQpuj

James Nestor’s Book- Breathe

https://a.co/d/igCnto0

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.

FF63 The Pros & Cons of Mid-Term Rentals w/ MTR Author & Coach Erin Spradlin Oct 23, 2023

Show notes

Let’s welcome back, Erin Spradlin, real estate professional and co-owner of Erin & James Real Estate. Erin loves educating others on the mid-term rental topic through consulting, her YouTube channel and 2 books she has authored called “American Nomads” which we discussed in episode 40 and “Erin’s Guide to Mid-Term Rentals” which is today’s topic. We will discuss the pros & cons of the mid-term rental space and how to overcome each objective.
10 REASONS you should listen to this episode...

Why Erin prefers mid-term over long-term or short-term
Furnished Finder facts on larger homes as mid-term rentals
Are travel nurses here to stay and should you focus specifically on that market?
Excellent appreciation vs. cash flow comparison in Erin’s book
Furnishing is a CON to many, hear advice on this subject
Scare of vacancy? Hear tips on how to close the gap for over 90% occupancy rate
Restrictions are almost non-existent for mid-term rentals.
Which months are the hardest in the mid-term rental space and how can you prepare
The ability to self-manage is a PRO of the mid-term rental strategy
Furnished Finder gives you the tools to run your business on your own terms.

Book 2: Erin's Guide to Midterm Rentals:

https://a.co/d/3fEzT3L

Book 3: My First Rental Property Workbook: Midterm & Corporate Rental Edition

https://a.co/d/a0dZEsq

Book 1 (Erin’s book we discussed in Episode 40)

American Nomads Book: Finding and Renting to Remote Workers

https://a.co/d/bOQ042J

Erin’s Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=erin.spradlin

Website Links:

https://www.furnishedfinder.com/

https://www.keycheck.com/

https://www.furnishedfinder.com/stats

https://www.furnishedfinder.com/Resources/PMResources

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.

FF62 3 Steps to Launch an MTR, Start Housing Travel Nurses & Double Your Rental Income w/ WIIRE Oct 19, 2023

Show notes

We are back with the founders of Women Invest In Real Estate (WIIRE), Amelia McGee (Des Moines, Iowa) and Grace Gudenkauf (Cedar Rapids, Iowa & Tucson, Arizona). These ladies specialize in travel nurse housing in the Midwest and love to educate other investors on the mid-term rental strategy. Today we will discuss one of their many great trainings, “3 Steps to Launch an MTR & Double Your Rental Income”.
Additional things we talk about in this episode:

Portfolio updates & net worth
Why Grace is now investing in Arizona
How Kelly’s investor friendly agent secures deals in a tough market
How to ELEVATE your business
Furnished Finder Tenant Lead Advice
Great tips for hosts that offer pet friendly furnished rentals
Grace & Amelia’s mid-term rental BUY BOX
Tips for analyzing the data on www.FurnishedFinder.com/stats
Best practices for stocking your kitchen & MTR starter kit for guests
Amelia’s take on Furnished Finder’s unit feature
How to handle an MTR lease & canceled nurse contracts
MTR insurance & LLC conversation
KeyCheck.com for your mid-term rental landlords tools

Grace’s MTR Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=grace.gudenkauf

Amelia’s MTR Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=amelia.mcgee

WIIRE Website, Retreats, Podcast, Free MTR Tools & MORE:

https://www.womeninvestinrealestate.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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