Midterm Rentals: The Wins, Mistakes, and 2x Revenue Increase You Didn’t See Coming

What do you do when your 7plex turns into a total nightmare, think evictions, broken windows and a renovation budget that ballooned from $250K to over $530K?

If you’re Megan Ahern, you pivot… and that pivot changed everything.

In this episode of Furnished Finder’s podcast, Landlord Diaries, Megan shares how switching to monthly midterm rentals through Furnished Finder helped her take long-term rents that were around $950 per unit and push them to $1,950, more than double, while achieving less than 5% vacancy and drastically improving tenant quality.

She breaks down:

• What Megan got right and totally wrong with monthly midterm rentals
• Why monthly mid-term tenants are lighter on your property than long-term tenants
• How she uses Furnished Finder’s Market Insights tool to evaluate new deals across the country
• And how to avoid double bookings with one simple calendar strategy

Whether you’re managing one unit or multiple, you’ll walk away with practical tips for increasing your rental income, reducing stress, and building a more sustainable investment strategy.

TIMESTAMPS:
0:00 Welcome to The Landlord Diaries
1:45 How Megan's 7plex from hell led her to the midterm rental model
3:20 Making the portfolio shift: LTRs just couldn’t cash flow like MTRs
4:50 Comparing STR, MTR, and LTR: Why midterm wins on tenant quality and vacancy
7:35 Ideal property types and locations for midterm rental success
8:55 Megan’s formula for analyzing deals with Furnished Finder’s Market Insights
10:40 Remote management is easy with monthly tenants and a solid system
12:20 Megan’s first midterm rental booked in 1 day
14:15 Calendar tip: Prevent double bookings with this communication strategy
16:00 Set your rental calendar up for monthly success
17:40 Booking strategy: How much vacancy is too much between bookings?
22:00 Round Table Discussion: Should you accept bookings far in advance?
25:30 When emergencies hit: Moving tenants mid-stay to avoid the chaos
27:35 Furnishing advice from a pro who stages 100+ homes a year
31:05 Is a remodel worth it for MTRs? Megan's $15K experiment
33:10 Balancing real estate and kids: What Megan and Katie got right (and wrong)
37:00 Final tips for getting started in midterm rentals

📸 Pro Tip: Your listing photos and first impression matter. Want to attract high-quality tenants fast? Invest in professional photos and make your space shine.

💬 Let us know in the comments: What did you learn the hard way in your monthly midterm rental journey?

🎙️ Subscribe for more real estate investor interviews, MTR strategies, and tools to help you live your best landlord life with Furnished Finder.

#MonthlyRentlals #MidtermRentals #FurnishedFinder #RealEstateInvesting #CashFlow #MTR #RealEstatePodcast

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.