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The Landlord Diaries

4 Tips To Become A More Efficient Landlord on Furnished Finder with Grace Gudenkauf, FF130

Feb 10, 2025
44:21

Are you tired of feeling overwhelmed as a landlord? In this video, we're sharing our top 4 tips to help you become a more efficient landlord and maximize your midterm rental business. From utilizing property management software to streamlining your lease strategies, we're covering it all. As a Furnished Finder host, you know how important it is to stay organized and on top of your game. That's why we're diving into the best property management hacks and tools to help you succeed. Whether you're just starting out or looking to scale your business, these tips will help you take your midterm rentals to the next level. So, if you're ready to join the ranks of successful entrepreneurs on Furnished Finder, be sure to watch until the end.

Welcome back to the Furnished Finder Landlord Diaries podcast for part two of our book review with Grace Gudenkauf, Bigger Pockets co-author of The Self-Managing Landlord. Grace is a real estate entrepreneur with over twenty rentals, coach and co-founder of WIIRE, Women Invest In Real Estate. In part one, we discussed the pros & cons of self-managing, tenant screening advice & how to handle tenant emergencies with Amelia. Today with Grace, we will dive into the operational side of mid term rentals to discuss things like MTR lease advice, fees & the overall structure of the mid-term rental "move in" process.

List Your Property Now on Furnished Finder:
https://www.furnishedfinder.com/list-your-property

Episode Highlights:
⏳ 0:00 - Landlord Diaries Intro
📖 2:10 - Writing The Self-Managing Landlord
🏡 3:00 - Grace’s journey: From quitting her W-2 to owning 25 properties & 12 MTRs
🔄 4:25 - BRRRR strategy: When to flip, hold, or rent mid-term?
📈 5:15 - Rising demand for ranch-style homes with fenced yards
🏠 6:30 - Why Grace prefers Furnished Finder over Airbnb
🔑 8:05 - MTR operations: Managing one to several properties
📝 8:40 - 10 key lease details every MTR host should include
🛡️ 16:50 - How Furnished Finder’s Worry-Free Waiver replaces security deposits
💰 20:00 - 3 reasons cash flow is critical for rental success
💸 25:30 - Roundtable: Standard fees for mid-term rentals
📋 33:00 - MTR move-in process: Setting house rules & guest expectations
⚙️ 36:10 - The power of standard operating procedures (SOPs)
🧠 38:25 - Avoiding emotional decision-making & fatigue
🏡 41:05 - Simplifying check-ins with Furnished Finder house rules
📌 42:25 - A simple step to start implementing SOPs

Trending Midterm Rental Resources:
https://www.furnishedfinder.com/Resources/PMResources  

Grace’s Listings on Furnished Finder:
https://www.furnishedfinder.com/members/profile?u=grace.gudenkauf 

The Self-Managing Landlord Book:
https://www.womeninvestinrealestate.com/book 

WIIRE’s SOP Template:
https://www.womeninvestinrealestate.com/soptemplates

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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