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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:

FF51 Turning Unused Space Into a Profitable Rental: MTR Insights and Tips for Property Investments and Landlord Practices Aug 14, 2023

Show notes

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.

FF50 What Size is Best For Mid-Term Rentals? w/ Stars of Boston Aug 07, 2023

Show notes

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.

FF49 Solid ROI From 9 Mid-Term Rentals in 3 Multi-Family Buildings w/ Zosia Madden Jul 31, 2023

Show notes

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 Laurelless
Portfolio, buy box and exit strategies
Crazy story about purchasing a couple MTR multi-families
Perfect BRRRR opportunity
There’s a market for all kind of MTR properties
Analyzing the value of your MTR
Systems and processes for 1 or 10 properties
You found your income management spreadsheet where?
The design aspect of MTRs to create a beautiful and budget friendly home
What should you supply in your MTR kitchens?
In style remodeling tips for your kitchen
Zosia & Tyler on Bigger Pockets

Zosia’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.

FF48 10 Month Stays & Booked Year Around Using The Mid-Term Rental Strategy w/ Terry Roberts Jul 24, 2023

Show notes

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.

FF47 Your First Mid-Term Rental Can Be Easier Than Expected w/ Nurse Andrea Hendricks Jul 17, 2023

Show notes

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 nurse
The investment property
Setting up a real estate contract without a realtor
Learning from your mistakes
Buying in a tough market
Who are your renters
The size of the property
Valuable tools for your mid term rentals
How KeyCheck makes your life easier
Round table discussion about KeyCheck Leases
Setting yourself up for 5* reviews
The hospitality side of mid term rentals
Landlording for MTR tenants is easier than you expect
Andrea’s ending advice: Jump in and get started

Andrea’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.

FF46 From Managing 14,000 Commercial Units to Building Her Own MTR Portfolio w/ Jamie Banks Jul 10, 2023

Show notes

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.com

Jamie’s Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=Jamie.Banks16

Typeform- https://www.typeform.com

Thryv 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.

FF45 Seriously?! 1,000 Furnished Rentals This Year w/ Patriot Family Homes Jul 03, 2023

Show notes

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.

FF44 Turning LTR or STR Guests Into MTR Guests w/ Yung Wei Jun 26, 2023

Show notes

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 doors
Yung started his investment journey w/ a 4 plex
Lessons learned about the mid-term rental process
The 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.

FF43 Do Single Family Homes Work For Corporate Housing? w/ FreeStand Home Solutions Jun 19, 2023

Show notes

Today we talk with FreeStand Home Solutions CEO, Bob Wilson, and President, Brandon Harris. FreeStands motto is to chase perfection and hold the team to a standard unseen in this industry!” Hear how Bob & Brandon accomplish this with their 46+ properties in the Chicago, Illinois area.

Helpful Furnished Finder Website Links:

https://www.furnishedfinder.com/

https://www.keycheck.com/

https://www.furnishedfinder.com/stats

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

FreeStand Home Solutions Promo Video:

https://www.youtube.com/watch?v=f5S90SYZMdA&t=59s

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.

Is ChatGPT An Expert At Mid-Term Rentals? Jun 16, 2023

Show notes

Your Furnished Finder podcast host team, Kelly Bailey & Katie Lyon, couldn't resist the urge to see just how "in the know" ChatGPT is about mid-term rentals...

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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