Over $100,000 from medium-term rentals…in just 18 months?! It’s a pipe dream to many, but it’s reality for today’s guest. After connecting with a few colleagues about real estate investing, David Rosenbeck left his established career as a nurse practitioner to dive headfirst into the investing world—carving out a niche that married his former job with his newfound passion: medium-term rentals for traveling nurses.
David and his wife bought their first rental property, and within 24 hours of going live, it had booked nine months out. The rest is history. David has since replaced his six-figure income with this flexible job that allows him to work fewer hours, stress less, and build the dream lifestyle for him and his family.
If you’re afraid that short-term rental properties are difficult to manage or that long-term properties don’t generate enough monthly income, this is the episode for you. David shares all of the secrets that helped him earn over $100,000 in only 18 months from medium-term rentals. He touches on pitching Airbnb arbitrage to landlords, moving every 12 months to build your real estate portfolio faster, and finding the “misfit” properties that make the PERFECT rentals!
In This Episode We Cover
The advantages of medium-term over short-term and long-term rentals
How to find the best areas to invest in medium-term rental properties
Profiting without owning a property and using Airbnb arbitrage when renting to traveling nurses
Moving every 12 months to get a lower down payment on new properties
Finding the “misfit” properties that make the BEST medium-term rentals
The best places to find medium-term tenants for your rental properties
And So Much More!
Links from the Show
Find an Investor-Friendly Real Estate Agent
Ashley's Instagram
Tony's Instagram
Airbnb
AirDNA
BiggerPockets
BiggerPockets Calculators
Facebook Group
Furnished Finder
MLS
PriceLabs
Real Estate Rookie Facebook Group
Real Estate Rookie Podcast
Real Estate Rookie Youtube Channel
The Real Estate Podcast
Vrbo
Will Your Area Work for Medium-Term Rentals?
Zillow
Connect with David:
David's BiggerPockets Profile
David's Instagram
Check the full show notes here: https://www.biggerpockets.com/blog/rookie-273
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