The Landlord Diaries FF44 Turning LTR or STR Guests Into MTR Guests w/ Yung Wei
Jun 26, 2023
42:07
Yung Wei owns 13 properties, 5 of which are furnished rentals, 2 triplexes, a quadruplex and a mix of 1-4 bedroom single family homes.
In this episode we cover:
- Growing your portfolio to 13 doors
- Yung started his investment journey w/ a 4 plex
- Lessons learned about the mid-term rental process
- The power of contingency plans and margins
- It’s easy to toggle between MTR & STR
- Yung has a great example of this!
- Converting long term renters into mid term rental guests
- Monthly furnished rentals reach a variety of needs
- Supply management and leveraging your cleaners
- Creating a 5* experience for your guests
- Hospitality is a mindset
- Ready for repairs?
- Yung’s Furnished Finder favorites
- State specific leases
Website Links:
https://www.furnishedfinder.com/
https://www.furnishedfinder.com/stats
https://www.furnishedfinder.com/Resources/PMResources
Yung’s Listings on Furnished Finder:
https://www.furnishedfinder.com/members/profile?u=yung.wei
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.