Navigating Midterm Rentals

This chapter explores the complexities of the tenant placement process for midterm rentals, including landlord diversity in policies and accommodations. It emphasizes strategies for managing tenant leads and optimizing rental practices through effective data collection and systematic approaches.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

How do you turn a midterm rental portfolio into a $100K/month business while serving your community during times of crisis? In this episode, we sit down with KP Akom, a U.S. Army veteran and the CEO of Streamlined Stay Solutions, to uncover his incredible journey from creative financing deals to filling 100 FEMA housing requests during Hurricane Helene.

KP shares how he leverages Furnished Finder’s Housing Request feature to secure high-value government and insurance contracts, how he tests markets with rental arbitrage before purchasing, and why midterm rentals are the ultimate niche for savvy investors. Whether you're curious about scaling with subject-to deals, managing properties across multiple markets, or thriving in the midterm rental, corporate housing space, this episode is packed with actionable insights. KP owns and operates over 40 properties on Furnished Finder, making him an expert in this space.

Time Stamps

0:00 Intro to The Landlord Diaries

1:55 Meet KP Akom: Army Veteran & Real Estate Expert

2:45 Discovering Midterm Rentals: The Surprising Start

4:10 How Furnished Finder Transformed KP’s Business

6:15 Building a Portfolio: 40 Owned & 20 Managed Rentals

7:30 Market Testing with Arbitrage Before Buying

13:05 Scaling with Creative Financing: Subject-to Success

14:40 Filling 100 FEMA Housing Requests During Hurricane Helene

18:10 Managing 200 Housing Request Leads Overnight!

19:05 The Selection Process: What Properties Stand Out?

21:55 Responding to Hundreds of Landlords Efficiently