The Landlord Diaries FF93 Mid-Term Rentals Lead To FasterFreedom w/ Sam Primm
Sam Primm is a legend in the real estate investing and education world with over 250 doors, $46M in assets within 7 years, 2.7M followers on social media, 1.4K students nationwide and author of the book “Own Your Freedom”. Exciting news, Sam is a host on Furnished Finder and will be starting a mid-term rental master class this year.
In this episode we cover:
0:00 Intro- Welcome to The Landlord Diaries
2:20 Sam’s real estate focus & portfolio
4:20 From no cashflow to healthy cashflow through MTRs
6:15 Advice Sam would give his 2014 self
8:45 Mid-term rentals supplement a w2 very well
10:30 Real estate doubles in value every 15 years
11:50 Mid-term rentals provide the best of both worlds
12:10 How often do you hear from MTR & LTR tenants?
14:35 Set up your rental for success on the front end
15:40 Sam’s mid-term rental program includes Furnished Finder training!
18:45 Katie Lyon compares LTRs, STRs & MTRs
20:10 Mid-term tenants are the best tenants possible!
21:20 How do you decide when to mid-term a property?
23:10 Sam’s MTR performance metrics
25:50 Overview of MTR expenses
28:25 Sam’s mid-term rental tips & tricks- welcome guide
29:15 Mid-term rentals are the easiest to self manage
30:25 Q&A from 5 Landlord Diaries listeners…
31:10 Should you put your arbitrage portfolio into an LLC?
34:05 2 Landlord mistakes not to make…
34:40 When running your numbers, be conservative on your initial underwriting
35:55 Set clear attainable real estate expectations
36:45 Do you prefer single family homes or 1-2 bedroom apartments for MTR & why?
40:10 Sam’s real estate advice for new or mom & pop operators
43:20 Masterminds can be very expensive, how do you choose the right one?
46:00 Overview of Sam’s book “Own Your Freedom”
49:00 Connect with Sam Primm
Website Links:
https://www.furnishedfinder.com/
https://www.furnishedfinder.com/stats
https://www.furnishedfinder.com/Resources/PMResources
https://www.travelnursehousing.com/
https://www.facebook.com/groups/furnishedfinder.travelnursehousing/
Sam Primm’s Listings on Furnished Finder:
https://www.furnishedfinder.com/members/profile?u=MidwestPG
https://www.fasterfreedom.com/
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.