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The Landlord Diaries

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Feb 24, 2025 • 40min

Gain Back Your Time: Start A Mid-Term Rental Arbitrage Business Today! FF131, Lara Stuart

Looking for a lucrative side hustle that fits into your busy life? Discover how Lara Stuart, a registered nurse with 28 years of experience, built a successful mid-term rental arbitrage business with Furnished Finder while maintaining her W2 job and family life. In this episode of the Furnished Finder Landlord Diaries podcast, hosts Kelly Bailey & Katie Lyon dive into how Lara secured 100% of her bookings through Furnished Finder, partnered with an upscale apartment complex, and self-manages her out-of-state rentals with ease.List Your Property Now on Furnished Finder:https://www.furnishedfinder.com/list-your-property(Use code LLD10 for $10 off new listings)Chapters0:00 Welcome to The Landlord Diaries1:40 Why is MTR rental arbitrage an appealing income stream?7:00 How to pitch corporate leasing to high-end apartment complexes8:05 Ten out of fifteen complexes said YES to corporate leases!14:40 How much profit can you make with rental arbitrage?19:15 The power of a great cleaner & team for out-of-state management24:10 Furnished Finder tools: Message templates & Worry-Free Waiver28:10 Annual arbitrage projects you should prepare for34:05 Why your space doesn’t need to be perfect to get startedWhether you're a seasoned investor or a beginner looking to break into the mid-term rental space, this episode is packed with actionable insights to help you launch or scale your rental arbitrage business.🔔 Subscribe for more real estate investing tips!Resources:Trending Midterm Rental Resources:https://www.furnishedfinder.com/Resources/PMResources  Lara’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=lara.stuartThe 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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Feb 10, 2025 • 44min

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

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(Use code LLD10 for $10 off new listings) 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 SOPsTrending 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/soptemplatesThe 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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Jan 27, 2025 • 45min

The Pros & Cons of Self-Managing Your Midterm Rental with Amelia McGee, FF 129

Are you considering self-managing your midterm rental property? Watch this video as BiggerPockets Author, Amelia McGee, discusses the pros and cons of property management, and get valuable insights into the MTR landlord process. Whether you're a seasoned property manager or a beginner, this video will provide you with the information you need to make an informed decision about managing your midterm rental property, tenant screening questions, deposit free options and valuable investment insights. Welcome back to The Landlord Diaries! Amelia McGee, a real estate mogul with over 40 rental properties and co-author of The Self-Managing Landlord, a Bigger Pockets favorite. Amelia shares her journey from partnerships in business to managing a diversified portfolio of long-term, short-term, and midterm rentals (MTRs). Learn how she uses tools like Furnished Finder to achieve nearly 100% midterm rental occupancy, boost cash flow by $500/unit monthly, and maintain quality control as a self-managing landlord.📌 Episode Highlights:0:00 Introduction to The Landlord Diaries2:30 From HGTV-inspired flip to 45 rental doors3:50 The cash flow addiction: scaling with mid-term and short-term rentals4:05 The biggest hurdle most investors face8:30 Transforming her business with self-management systems11:30 Why midterm rentals outperform long-term rentals 15:50 The benefits of self-managing MTRs: better cash flow & control24:10 Tenant screening tips to secure quality tenants and renewals32:40 How to screen tenants without a U.S. Social Security Number36:20 Handling service animals and emotional support pets professionally38:55 Overcoming challenges in self-management: tenant disputes & contractorsAmelia’s insights will inspire landlords to rethink their approach to property management. Learn how the self-managing landlord model can maximize your passive income, improve tenant satisfaction, and minimize stress.List Your Property Now:https://www.furnishedfinder.com/list-your-property (Use code LLD10 for $10 off new listings)Trending Midterm Rental Resources:https://www.furnishedfinder.com/Resources/PMResources   The Self-Managing Landlord Book:https://www.womeninvestinrealestate.com/book Hashtags:#BiggerPockets #FurnishedFinder #MTR #MidtermRentals #PassiveIncome #CashFlow #PropertyManagement #LandlordTips #TenantScreening #RealEstateInvesting #realestatepodcastThe 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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Jan 13, 2025 • 44min

Why Accessory Dwelling Units Are the Solution to Housing Shortages, FF128

Are accessory dwelling units (ADUs) the ultimate real estate hack? In this episode, we sit down with Derek Sherrell, aka "That ADU Guy," to explore the benefits of accessory dwelling units and how ADUs are transforming the housing market. With over 49,000 Instagram followers and 26,000 YouTube subscribers, Derek is on a mission to influence the creation of one million ADUs nationwide.Discover why ADUs are called the "missing middle" of housing and how they solve affordability issues while delivering unparalleled cash flow opportunities. Derek shares his personal real estate journey, the mindset needed to start building ADUs, and actionable strategies to overcome zoning and planning challenges. Plus, hear real-life case studies of successful mid-term rental ADUs and how they cater to traveling professionals and other niche markets.Whether you're new to real estate investing or a seasoned pro, this episode is packed with actionable insights, including why ADUs are the gateway to creative investing, how they add value to communities, and the market trends shaping midterm rentals.Video Chapters:0:00 Welcome to the Landlord Diaries2:20 Are ADUs worth the investment?3:35 The mission: influence one million ADUs nationwide9:15 Does an ADU add value to a house?11:40 How ADUs open the door to increased cash flow12:40 Why ADUs are the "missing middle" in housing19:15 Overcoming zoning and planning challenges24:55 These 7 states support additional dwelling units25:45 Real stories of successful mid-term rental ADUs29:20 The viability of this housing asset type34:55 Major market trends with midterm rentals38:10 Midterm rental demand is growing quickly38:45 Derek's practical tips on the market, ADUs and MTRsTune in to discover how ADUs can revolutionize your real estate portfolio and create meaningful, lasting impact in your community. Don't forget to connect with Derek at ThatADUGuy.com or @ThatADUGuy for free tools, courses, and consultations!List Your Property on Furnished Finder Now:https://www.furnishedfinder.com/list-your-property(Use code LLD10 for $10 off new listings)Trending Midterm Rental Resources:https://www.furnishedfinder.com/Resources/PMResources  Derek's Listings on Furnished Finder: https://www.furnishedfinder.com/members/profile?u=derek.sherrellFurnished Finder's ADU Playlist:https://www.youtube.com/playlist?list=PLokjj6PCc5Xxufs1djS8aQ-kO6akkEcOPThe 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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Dec 30, 2024 • 28min

10 Insider Secrets When Listing Your Mid-Term Rental, FF127

Ready to transform your Furnished Finder listing into a traveler’s dream? Join us for an in-depth tutorial on how to set up your first—or next—property listing, complete with insider advice you won’t find anywhere else. Kelly and Katie dive deep into key questions like: How do I price my mid-term rental? Should you invest in a full kitchen or stick with a kitchenette? What fees and amenities matter most to tenants?In this episode, we cover everything from writing a killer headline to selecting must-have amenities and pricing strategies that ensure profitability. You’ll also learn why being pet-friendly gives you a competitive edge, how to stand out with your photos, and which Furnished Finder features (like real-time notifications and calendar best practices) are essential for success.If you’re looking to attract more tenants, maximize bookings, and boost your rental income, this guide has everything you need to stay ahead of the competition.Key Takeaways and Timestamps:🔑 1:30 Adding your first or next listing on Furnished Finder🔑 2:25 The power of your headline: Keywords that attract travelers🔑 6:25 The perks of being pet-friendly🔑 9:15 Three steps to price your mid-term rental successfully🔑 11:40 Standard property fees for mid-term rentals🔑 13:45 Must-have amenities: Do you need a washer/dryer and full kitchen?🔑 18:45 How to create standout listing photos🔑 22:10 Furnished Finder calendar tips🔑 24:25 Managing notifications for tenant leads and housing requests🔑 25:45 Setting clear house rules for tenant success🎯 Pro Tip: Optimize your listing by using search-friendly amenities, such as high-speed internet, king-size beds, and in-unit laundry. Plus, learn how thoughtful touches like starter essentials can earn you 5-star reviews from day one.List Your Property Now:https://www.furnishedfinder.com/list-your-property(Use code LLD10 for $10 off new listings)Trending Midterm Rental Resources:https://www.furnishedfinder.com/Resources/PMResources  Host Katie Lyon’s Properties:https://www.furnishedfinder.com/members/profile?u=katie.lyon8 Host Kelly Bailey’s Properties:https://www.furnishedfinder.com/members/profile?u=Kelly*|B. 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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Dec 13, 2024 • 39min

Secrets to Mid-Term Rental Success | Must-Know Tips from Furnished Finder COO Cami Narino, FF126

In this episode of The Landlord Diaries, we celebrate 10 years of growth in the mid-term rental (MTR) industry with Furnished Finder COO Cami Narino. From the company’s humble beginnings to its innovative tools today, Cami shares invaluable insights for landlords looking to succeed in the evolving MTR market. We discuss everything from the evolution of tenant leads to tips for creating top-notch listings and the importance of responsiveness. Whether you're new to MTRs or a seasoned pro, this episode is packed with actionable strategies to help you thrive.Episode Highlights0:00 Intro to The Landlord Diaries1:20 The beginnings of Furnished Finder1:55 A decade of growth in the mid-term rental industry5:00 Analysis of MTR supply and demand7:15 The evolution of Furnished Finder tools9:35 The smooth tenant screening process10:15 Deposit-free protection with the Worry-Free Waiver10:55 The rise of KeyCheck for landlords12:25 Why every MTR should be on the Furnished Finder map13:40 Upcoming improvements to map and search tech15:45 Cami’s best practices for landlords18:45 How to create a standout listing26:30 The evolution of tenant leads on Furnished Finder30:10 Grow with Furnished Finder by maximizing the data32:55 Why responsiveness is essential for success35:45 How Furnished Finder’s team is scaling for growthList Your Property Now:https://www.furnishedfinder.com/list-your-propertyTrending Midterm Rental Resources:https://www.furnishedfinder.com/Resources/PMResources  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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Dec 9, 2024 • 50min

$100K from 15 Insurance Stays in 30 Days: The Midterm Rental Blueprint w/ KP Akom (FF125)

KP Akom, CEO of Streamlined Stay Solutions and U.S. Army veteran, shares his journey in transforming midterm rentals into a lucrative business. He reveals how he filled 100 FEMA housing requests during Hurricane Helene and utilizes Furnished Finder to secure high-value contracts. KP discusses innovative market testing methods, creative financing strategies like subject-to deals, and the importance of community support during crises. His expertise shines through as he manages over 40 properties while navigating the complexities of the rental landscape.
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Dec 2, 2024 • 45min

FF124 The Surprising Tenant Types You’ll Meet in Midterm Rentals w/ Realtor Candice Menard

In this episode of The Landlord Diaries, we dive into the transformative mid-term rental (MTR) strategy with Candice Menard, a Realtor and Founder of Rent It Like A Saint in Lake Charles, LA. Candice has revamped her real estate portfolio, transitioning from aging long-term rentals (LTRs) to newer, high-performing midterm rental properties. Hosting travel nurses, construction teams, and displaced families, Candice shares her journey of building generational wealth and managing a family real estate business through intentional MTR strategies.What You’ll Learn in This Episode:Guest Story: How Candice utilized 1031 exchanges to sell older LTRs and purchase modern 4 bedroom homes tailored for MTR tenants.Hosting Travel Nurses: Expert advice for renting by the room, setting house rules, and ensuring smooth tenant experiences.Construction Teams as Tenants: Tips for accommodating their unique needs, from parking strategies to ROI-driven amenities like king-sized beds.In this episode we cover:0:00 Landlord Diaries Intro2:55 Building generational wealth with real estate6:05 Candice first MTR experience: renting rooms to travel nurses8:05 Buying 4-bedroom homes for MTR tenants10:00 Selling older LTR homes to fund nearly new MTR homes12:05 Using 1031 exchanges to scale your portfolio16:15 Hosting med pros & construction teams in 4 bedroom homes16:50 Screen all your midterm tenants17:35 Types of MTR tenants19:20 House rules for MTR room rentals22:15 Parking strategies for MTR properties23:35 Are construction teams a steady source of MTR bookings?24:30 Disaster recovery housing opportunities26:45 Enriching your community w/ MTR housing28:15 MTR housing needs for court cases, restaurant openings & medical recovery29:40 Tips for hosting construction teams33:18 Using KeyCheck for MTR management35:15 Cost analysis or ROI (return on investment) for added amenities36:20 Why you should add king beds in each room if you have the space39:05 Handling property fees and deposit alternatives44:00 Connect w/ Candice MenardList Your Property Now:https://www.furnishedfinder.com/list-your-propertyCandice’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Candice.MenardThe 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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Nov 25, 2024 • 32min

FF123 Mid-Term Rental Gold Mines in Unexpected Cities w/ Lee Gierszewski

Ever wondered where untapped mid-term rental (MTR) opportunities could be hiding? On this episode of The Landlord Diaries, we’re joined by Lee Gierszewski, an innovative real estate investor in North Dakota, who's turning Bismarck’s multifamily market into a booming mid-term rental portfolio. Discover why Lee transitioned long-term rentals into MTRs, how he doubled his rental income, and the surprising demand drivers for mid-sized markets. We'll dive into Lee's strategy of purchasing eight multi-family properties in a single year, his success with travel nurse demand, and why Bismarck—and other small to mid-sized cities—are hotbeds for MTR success. Whether you’re looking to scale your portfolio or boost income with MTRs, Lee’s journey could reveal your next investment move.Tune in to learn about:Lee's strategy for doubling rents and filling units consistentlyTips on converting and marketing units, even without full kitchensKey demand drivers in cities you might overlook, like travel nursing and local industriesIn this episode we cover:0:00 Landlord Diaries Intro2:30 Lee’s MTR portfolio3:05 Why convert long term rentals to mid term4:15 Furnished Finder provides 85-90% of Lee’s bookings4:45 Double your rent: $600/mo LTR, furnished for $3-4k, $1,400/mo MTR7:00 According to Lee, North Dakota is the highest paid state in travel nursing7:30 Buying 8 multi-families in one year!9:50 Why invest in Bismarck, ND13:00 Small to mid-size cities have down to earth contractors14:25 Why Lee’s travelers extend an extra 3 months16:45 Providing solutions: murphy bed example19:45 Perks of naming your properties such as The Madison24:10 Round Table Discussion: Getting started in midterm rentals28:10 MTR demand in your area: FurnishedFinder.com/stats 29:45 MTR advantage: start marketing your property w/ “furniture coming soon”30:55 You don’t need a full kitchen to have MTR successList Your Property Now:https://www.furnishedfinder.com/list-your-propertyTrending Midterm Rental Resources:https://www.furnishedfinder.com/Resources/PMResources  Lee’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Lee.gierszewski 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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Nov 18, 2024 • 43min

FF122 Is Your Rental Protected? Discover Why Midterm Property Insurance is Essential!

In today’s episode of The Landlord Diaries, we're pulling back the curtain on a game-changing partnership between Furnished Finder and Steadily Insurance Company, the leading name in furnished rental property insurance. Join us as we sit down with Darren Nix, Founder & CEO of Steadily, to explore why midterm landlords need unique insurance protections and what makes Steadily the best choice for furnished rentals.From discussing the gaps in traditional homeowner policies to diving into the specific coverage midterm landlords need, Darren walks us through everything you should know to protect your investment. With endorsements from CBS News, NBC, and an impressive rating on Trustpilot, Steadily is leading the charge in the insurance world—and we’re thrilled to partner with them.Timestamps: 0:00 Landlord Diaries Intro3:30 Steadily filled the gap in landlord insurance5:00 An insurance program built for rental property investors6:45 Why Furnished Finder focuses on midterm rentals7:40 The difference in long term and mid term insurance policy needs9:40 How Steadily handles claims when damage occurs12:30 Damage waiver, renter’s insurance & landlord insurance15:25 What landlord insurance really covers17:15 Adding an umbrella policy to Steadily19:55 Why switch from homeowner’s to landlord insurance23:05 Updating policies when changing rental terms26:30 How Steadily’s structure provides maximum coverage28:00 The Furnished Finder - Steadily process29:45 The ultra-fast Steadily quote process32:50 Insurance tips for room rental hosts, co-hosts & arbitrage landlords39:30 Why Furnished Finder chose Steadily🔗 Ready to learn more about Steadily? Start your quote in seconds and protect your midterm rental today from within your Furnished Finder dashboard!List Your Property Now:https://www.furnishedfinder.com/list-your-propertyTrending Midterm Rental Resources:https://www.furnishedfinder.com/Resources/PMResources 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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