The Landlord Diaries FF111 Master Insurance Housing: Partner w/ Other Furnished Finder Hosts Like Will Dotson
In this episode of The Landlord Diaries, we sit down with mid-term rental expert, William Dotson, who specializes in insurance housing hosting families that have been displaced from a disaster. His level of hospitality, expertise & heart for the guest(s) is contagious. At this time, Will's portfolio is all mid-term rentals. He operates around 10 locally in Nashville & 2 out of state. With over 12 properties under his management and more in development, William has become a master at leveraging partnerships with Furnished Finder hosts and navigating the complexities of MTR insurance housing.
Tune in for expert advice on property management, building partnerships, insurance intricacies, and tips on successfully managing properties across state lines.
In this episode we cover:
0:00 Intro- Welcome to The Landlord Diaries
2:05 Podcast recording from an active renovation
2:35 Mid-term rentals in 3 states
3:20 Will has 12 properties under management, 3 in the works
3:35 Nova Havens journey to MTR insurance
5:20 Impactful MTR insurance story
7:25 Follow the fire department on Instagram!
9:20 You can be the solution in the midst of chaos
9:25 Do you know your ALE coverage?
12:15 Presenting yourself as an expert in the MTR space
13:00 Will’s mid-term rental booking process through KeyCheck
14:10 Round Table Discussion: Addendums to add into your midterm rental leases
18:05 Do midterm rental hosts include caps on electricity?
20:20 Rent payments with insurance agencies
22:30 Will partners with other Furnished Finder landlords on his insurance leads!
25:00 Furnished Finder was built with the landlord-tenant relationship in mind
26:05 Will builds his mid-term rental insurance property list on Furnished Finder
27:15 How do Furnished Finder hosts respond to Will’s arbitrage & partnership calls?
28:30 Setting up partnership contracts with other Furnished Finder hosts
30:55 Marketing best practices on Furnished Finder
33:35 Out of state property management tips
35:10 You don’t really know your property until after the first year
35:40 Why Will purchased out of state in California & Washington
37:30 Will tried out 4 CPA’s before finding the right tax strategist
40:20 Say goodbye to the 9-5 and hello to entrepreneurship?
42:25 Superintendents are an emerging tenant type on Furnished Finder
43:15 Connect with Will Dotson
Website Links:
https://www.furnishedfinder.com/
Will’s Listings on Furnished Finder:
https://www.furnishedfinder.com/members/profile?u=william.dotson
Some of Will’s co-host properties:
PID 678810
PID 672165
PID668846
PID491055
PID667212
Whether you're a seasoned investor or new to the mid-term rental space, William’s journey offers valuable insights and actionable advice to help you succeed in the real estate world.
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