The Landlord Diaries

Welcome to "The Landlord Diaries," where we bring you inspiring stories and insightful tips from the world of midterm rental real estate investing. In this episode, we dive into the remarkable journey of Bailey Kramer, a young entrepreneur who chose real estate over college and is now generating over $12k per month with his mid-term rental properties in Indiana, Illinois, and North Carolina.At just 23 years old, Bailey's decision to forgo traditional education was influenced by the life-changing book "Rich Dad Poor Dad." Listen as Bailey shares his experiences overcoming the biggest obstacles as a young investor, securing his first property, and strategically growing his portfolio with the help of real estate partners found on the Bigger Pockets forum.Discover Bailey's pivotal decision to sell his six investment properties during his senior year of college and his evolution to a mid-term rental strategy, where 50-90% of his bookings come from Furnished Finder. Bailey offers invaluable research tips for checking mid-term rental demand and supply in any area, along with calendar and pricing strategies to maximize cash flow and occupancy.From understanding the importance of guest avatars to mastering out-of-state management, Bailey's insights will equip you with the knowledge to elevate your real estate investing game. Tune in to connect with Bailey and learn how his entrepreneurial spirit and strategic mindset can inspire your own real estate journey.In This Episode, We Cover:0:00 Intro- Welcome to The Landlord Diaries2:45 The life-changing impact of "Rich Dad Poor Dad"3:50 Overcoming large obstacles as a young investor4:15 Securing your first property and growing your portfolio7:15 Meeting real estate partners through Bigger Pockets7:45 Bailey's shift to the mid-term rental strategy13:20 Research tips for mid-term rental demand and supply18:05 Calendar and pricing strategies for maximizing cash flow33:15 The significance of guest avatars in your business38:45 Key tips for out-of-state property managementWebsite Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats https://www.furnishedfinder.com/Resources/PMResources https://www.travelnursehousing.com/ https://www.facebook.com/groups/furnishedfinder.travelnursehousing/ Bailey’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=bailey.kramer https://www.youtube.com/@baileykramer IG: @the_bailey_kramerJoin us on "The Landlord Diaries" for an episode filled with actionable advice and inspiring stories from the front lines of real estate investing.Tune in now and connect with Bailey Kramer to start your own journey towards financial freedom!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.

Welcome to The Landlord Diaries, the ultimate podcast for property owners, real estate enthusiasts, and aspiring landlords interested in the mid-term rental strategy! Join us for an inspiring and insightful episode featuring Leslie Garcia, a successful mental wellness practitioner in New York City who has launched her first mid-term rental in Edgewater, Florida. Leslie's journey from her first six-month MTR booking to her vision of creating a wellness retreat is nothing short of remarkable.In this episode, we delve into:0:00 Intro- Welcome to The Landlord Diaries2:20 Leslie’s Insights from the Midterm Rental Summit: Discover the latest trends and strategies in the mid-term rental market.2:55 The Success of Leslie’s First MTR Guest: How a six-month booking kickstarted her thriving rental business.4:25 Creating a Wellness Retreat in Edgewater, FL: Leslie’s inspiring vision to combine mental wellness with mid-term rentals.5:35 Leveraging Furnished Finder: How Leslie used this platform to attract healthcare professionals and secure her first MTR.9:45 Understanding Your Market: Tips on attracting diverse traveler types in Edgewater, FL.11:10 Crafting the Perfect Vibe: How to design your MTR space to appeal to your niche market.12:45 Supporting Healthcare Professionals: Addressing burnout and providing a haven for hardworking individuals.15:10 Securing 5-Star Reviews: The importance of reviews in making tenants feel safe and setting your property apart.18:00 Marketing Property Flaws: Clever strategies to turn potential negatives into positives.23:35 Tenant Screening Process: Leslie’s meticulous approach, including essential phone calls.27:10 Avoiding Landlord Burnout: The four D’s every landlord should know to maintain their peace of mind.28:15 Exciting New Ventures: Leslie’s upcoming MTR project and her continuous growth in the rental market.29:50 Stay Connected: Learn how to connect with Leslie and gain further insights into the MTR world.30:15 State Spotlight: Find out if your state has been featured on The Landlord Diaries.Join us as we explore Leslie’s journey, her innovative ideas, and practical advice for creating a successful and sustainable mid-term rental business. Subscribe now to The Landlord Diaries and transform your rental property into a thriving, niche-focused haven!Keywords: Mid-Term Rentals, Wellness Retreat, Property Management, Real Estate, Furnished Finder, Healthcare Professionals, Rental Market, Landlord Tips, Tenant Screening, Rental Property Marketing.Call to Action: Subscribe now to The Landlord Diaries on your favorite podcast platform and never miss an episode! Connect with us on social media and join our community of like-minded landlords. Let's make your rental property dreams a reality!Website Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats Leslie’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Wellness%20Stays 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.

In this episode, we're diving into the world of mid-term rentals with Shawn Costley, a seasoned expert from Huntsville Corporate Housing Solutions in Alabama. Shawn has mastered the art of rental arbitrage, securing six out of his seven mid-term rentals through this innovative strategy. Join us as we explore three essential topics for every landlord and property manager:The 5 main mid-term rental traveler types in Huntsville, Alabama5 critical mistakes to avoid in the mid-term rental spaceBest practices for successful rental arbitrageIn this episode we cover:0:00 Intro- Welcome to The Landlord Diaries0:40 What is arbitrage?2:55 Shawn’s journey to MTR & corporate housing4:00 ALE Solutions is a power user on Furnished Finder4:30 Why Shawn chose arbitrage for his MTR strategy6:45 Shawn’s 5 MTR traveler types in Huntsville, AL7:45 Insurance displacement clients12:00 Tech company clients such as Amazon & Samsung14:35 Defense Industry clients18:00 Fishing Tournament clients21:25 Work crew clients29:50 5 mistakes not to make in the mid-term rental space29:55 When you stay in the property, you catch things you may not be aware of35:25 Items frequently missing from a mid-term rental home37:10 Don’t underestimate the power of marketing41:40 Have reserves & be ready to pivot44:10 Arbitrage best practicesWebsite Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats https://www.furnishedfinder.com/Resources/PMResources https://www.travelnursehousing.com/ https://www.facebook.com/groups/furnishedfinder.travelnursehousing/ Shawn’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Shawn%20Costley www.HuntsvilleCorporateHousingSolutions.com info@corporatehousingsolutions.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.

In this week's riveting episode of Furnished Finder's podcast, The Landlord Diaries, we sit down with Tara Jenkins from Chicago, Illinois. Tara is not only a mother of three with multiple degrees in hospitality, but she also has a profound love for travel. She masterfully manages five hybrid short-term/mid-term rental (STR/MTR) properties—four local and one out-of-state in Palm Harbor, FL.Tune in as we dlve into:A Prime Location: Discover the secrets behind Tara's Wrigley Field 2 bed, 2 bath MTR, commanding $6,000 a month.Luxury and Convenience: Learn about her spacious 4 bed, 3 bath rental with a 2-car garage and EV charging, which pulls in a whopping $11,500 monthly.Booking Strategies: Find out how 40-50% of Tara's MTR bookings are secured through Furnished Finder.Appealing Additions: Understand the impact of adding a charcuterie board and red wine to your property photos.Essential Tools: See why Tara recommends adding CubiCasa to your MTR toolkit.Join us for an episode filled with valuable insights and practical tips that can help transform your rental business. Don't miss out on learning how Tara bounced back from a significant financial loss to create a safer and more profitable landlording strategy!"0:00 Intro2:20 Tara’s real estate journey started w/ a 2 flat unit3:40 Losing $30k in 2 days5:35 Tara’s real estate portfolio6:35 Bigger Pockets books8:30 The ups & downs of real estate investing13:18 Property themes13:40 Wrigley Field 2 bed, 2 bath MTR for $6,000/mo16:50 Norwood Park, Tara’s 2/1 house hack for $4,500/mo19:50 Why the mid-term rental strategy felt safer20:40 North Center 2/1 for $7,000/mo21:35 Chicago seasonal pricing22:20 Spacious 4/3 w/ 2 car garage & EV charging for $11,500/mo26:15 40-50% of Tara’s MTR bookings come from Furnished Finder27:15 Should you drop your price or change up your marketing?32:20 Adding a charcuterie board & red wine to your property photos33:40 The Cycling Mermaid, 4/2 in FL for $7,000/mo35:30 Self managing an out of state property37:45 Hybrid MTR/STR calendar management38:45 CubiCasa43:30 Furnishing a property out of state45:00 HostGPO47:15 An MTR vs. STR marketing advantage50:35 Furnished Finder tips for securing MTR guests during off-seasonWebsite Links:https://www.furnishedfinder.com/ https://www.furnishedfinder.com/members/profile?u=Tara.Jenkins82 https://www.cubi.casa/ https://hostgpo.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.

Today we recap our key takeaways from the 2024 Mid-Term Rental Summit brought to you by Jesse Vasquez & Furnished Finder. If you missed this one, then we hope you plan to join us next year! Watch your Furnished Finder emails or follow www.MidtermRentalSummit.com.In this episode we cover:0:00 Intro- Welcome to The Landlord Diaries1:20 Why Furnished Finder partners w/ Jesse Vasquez to offer the MTR Summit2:10 Why should you consider the mid-term rental strategy? 3:50 Why Furnished Finder is the go-to place for mid-term rentals5:40 A Sneak Peak At Exclusive Furnished Finder stats6:25 Top mid-term rental markets by demand7:55 Landlord check in, are you doing your best to stand out to travelers?8:15 Furnished Finder is not a set it and forget it platform 8:30 40% of travelers do this…9:05 Only 2/3rds of landlords do this…9:25 Highlight your mid-term rental perks to stand out11:10 Large variety of traveler types12:05 Furnished Finder CEO & President, Jeff Hurst13:35 Jeff wants your feedback!15:25 News stories leading investors toward mid-term rental real estate investing18:40 Why it’s so valuable to be in person at the next MTR Summit 202520:45 MTR is not survival of the fittestWebsite Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats https://www.furnishedfinder.com/Resources/PMResources https://www.travelnursehousing.com/ https://www.facebook.com/groups/furnishedfinder.travelnursehousing/ Katie’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=katie.lyon8 Kelly Listings on Furnished Finder: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.

Jason & Kellie Davenport will challenge us today to unlock our potential in the mid-term rental space through insurance stays. Their 4 homes on Furnished Finder average $4,000 -$7,000 each in monthly cash flow. Jason & Kellie receive insurance requests from all over the country and have established Vetted Homes to further educate MTR hosts on the topic of insurance stays. In this episode we cover:0:00 Intro- Welcome to The Landlord Diaries2:30 Portfolio of insurance homes3:10 Educating the masses on insurance MTRs3:35 The first insurance stay5:40 Why host Katie Lyon embraces arbitrage6:35 Why many STR operators are adding or moving to MTR7:00 How to help displaced families get back on their feet10:10 Types of homes needed for insurance stays11:40 How to combine Furnished Finder w/ your insurance stays13:35 What motivates MTR hosts?14:10 Types of insurance requests coming through Furnished Finder15:55 What is the average length of insurance stays?17:20 2-3x your rental rates w/ MTR insurance stays20:45 Vetted Homes provides new sheets & towels for each stay24:35 Business strategy for the insurance housing niche26:45 Lead times for mid-term rentals are shockingly short29:10 5 tips for connecting w/ insurance specialists or families29:45 Identifying the right property for insurance clients31:50 What areas are good for insurance stays34:55 Negotiating the deal with insurance relocation agents38:55 Welcome your guests w/ the Furnished Finder House Rules39:55 Kelly & Jason’s welcome guide43:00 Connecting w/ relocations specialists through Furnished Finder44:30 Best practices for Furnished Finder search rankings44:55 Tax benefits, LLC & cost segregation advice48:00 Safety tips, protect your real estate properties55:00 Mid-term rentals can be freedom for your family1:01:05 Connect w/ Jason & KellieWebsite Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats https://www.furnishedfinder.com/Resources/PMResources https://www.travelnursehousing.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.

Join us for a milestone episode of The Landlord Diaries as we celebrate Furnished Finder's 10th anniversary and the exciting journey ahead. In this special 100th episode, meet our new President and CEO, Jeff Hurst, who brings over a decade of experience in the travel technology and rental industry. Jeff shares his vision for the future of Furnished Finder and how we're committed to helping landlords and tenants thrive in the rapidly growing mid-term rental market. Tune in to hear: Jeff’s journey to Furnished Finder and his excitement about the mid-term rental opportunity. Insights into what the Furnished Finder team has been working on for the past six months. What you can expect from us in the coming months to enhance your experience. Immediate actions you can take to prepare for upcoming changes and maximize your success. Whether you're a seasoned landlord or new to the mid-term rental space, this episode is packed with valuable information and actionable tips to help you stay ahead. Listen now to discover how Furnished Finder is evolving and how you can be a part of this exciting future!  ------------------------------In this episode we cover: 0:00 Intro- Welcome to The Landlord Diaries 2:20 It’s episode 100!!! 4:05 Why Jeff Hurst joined Furnished Finder 6:10 Why Jeff is primed for CEO & President at Furnished Finder 6:40 Furnished Finder is the best kept secret in real estate 9:35 Who are Furnished Finder landlords? 10:45 Behind the scenes work over the last 7 months 11:30 The new build or remodel analogy 13:15 Listening & learning from our users, we hear you 14:00 Furnished Finder natural beauty analogy 14:50 Jeff's take on our traveler type 16:00 Furnished Finder fills gap housing needs 17:10 The mid-term rental landlord energy is contagious 18:30 Prepare for increased ROI & demand 22:20 Why thousands of landlords love Furnished Finder 22:40 Is Furnished Finder going to turn into another VRBO? 23:35 Is Furnished Finder going to change too much? 24:05 More landlords need to do this... 24:25 Why many MTR operators prefer Furnished Finder to other OTAs 25:35 How should Furnished Finder landlords use the platform best? 28:55 Jeff’s goals & visions for Furnished Finder 30:20 We want your feedback, connect with us! 32:45 When & where will we hear about the next big update?   Episode 100 Blog PostWebsite Links: https://www.furnishedfinder.com/  https://www.keycheck.com/  https://www.furnishedfinder.com/stats  https://www.facebook.com/groups/furnishedfinder.travelnursehousing/  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.

Today we travel to Des Moines, Iowa. We talk with Chris Dickey about his 12+ mid-term rental units & co-ownership in Top Shelf Property Management. At this point in time, Chris advertises his mid-term rentals exclusively on Furnished Finder. In this episode we cover:0:00 Intro- Welcome to The Landlord Diaries2:05 Chris’s journey to real estate & mid-term rentals3:00 Grow with the BRRRR method3:40 Chris’s real estate portfolio & partnerships9:05 Managing your furnishing budget9:45 MTR coaches13:05 Why Chris is exclusively on Furnished Finder17:10 Your KeyCheck toolbox18:30 The KeyCheck live chat is so helpful19:15 The human aspect of communication23:00 The MTR rental flow process25:40 MTR lead time26:05 Responding to all your tenant lead types27:35 Start marketing your MTR before it’s furnished28:20 Kelly’s newest MTR is a 300 sq ft ADU31:20 Advertise ALL your MTRs for cross marketing opportunities32:30 Misfit properties make great mid-term rentals34:10 Mid-term travelers are flexible35:00 Rent income difference between LTR & MTR36:20 MTR guests leave your property better than they found it38:10 Top Shelf Property Management- Around 500 doorsWebsite Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats https://www.furnishedfinder.com/Resources/PMResources https://www.travelnursehousing.com/ https://www.facebook.com/groups/furnishedfinder.travelnursehousing/ Chris’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Chris_Dickey 7 main properties & 6 unit featuresSocial Media: @ChrisDickeyRealestate https://www.topshelfiowa.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.

Stellar Housing Solutions is a mid-term rental company based in New Jersey with 13 active MTRs & 3 managing partners: James Hwang, Frank Louvis and Denis Um. This team has very impressive Furnished Finder guest communication tips we will discuss today including 1) preferred photo order 2) multiple users managing one account 3) well designed message templates & 4) unique video walkthroughs including interior of cabinets & QR codes. 0:00 Intro- Welcome to The Landlord Diaries2:45 Stellar Housing Solutions stats3:30 6 signed leases before furnishing is complete!7:10 The value of marketing multiple listings in one area8:15 The creation of Stellar Housing Solutions10:35 13 mid term rentals and growing11:40 1, 2 & 3 bedrooms fully booked14:10 3 bedrooms are often occupied by 1-2 travelers 17:30 Golden Tip: Start marketing your property early on Furnished Finder18:15 Marketing your photos & top amenities properly24:45 Round table discussion about photo order32:00 Unique video walkthroughs including interior of cabinets & QR codes44:50 Multiple users managing one Furnished Finder account46:45 Tip for managing your Tenant Leads on Furnished Finder47:30 Furnished Finder message response preferences49:20 The 3 co-founder roles of Stellar Housing Solutions50:55 Stellar Housing Solutions is a perfect 3 circle venn diagram 53:15 Are you the lone ranger on your MTRs? Catch these tips58:40 Streamline your MTR business w/ KeyCheck’s MTR tools1:00:30 Stellar’s impressive use of Furnished Finder message templates1:04:30 Stellar’s application process starts w/ the very first message1:07:00 Do your guests compliment your communication style?Stellar Housing Solutions on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=James_Hwang Stellar Video Walkthroughs:https://www.youtube.com/watch?v=D3hjSIcDq5Uhttps://stellarhousingsolutions.com/help/ge-4-8-cu-ft-all-in-one-washer-dryerThe Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.

Today we discuss two main concepts with Saad Dar, his real estate portfolio of around 20 units & his position as Head of Business Development & Partnerships at Baselane, online banking built for real estate investors. Baselane is trusted by over 40,000 landlords. You can earn up to 4.19% APY (Annual % yield), up to 5% cash back, create individual bank accounts for each property and utilize virtual debit cards to pay your contractors. In this episode we cover:0:00 Intro- Welcome to The Landlord Diaries3:15 Saad’s real estate focus is BRRR multi-families mostly in Philadelphia8:25 Why Saad pivoted 3 of his LTRs to MTRs16:10 Adding a multi-family soon that will be 6 MTR suites22:00 Pros & Cons of real estate strategies & what led Saad to MTR28:15 Saad’s experience with Furnished Finder32:30 5 tips to spot check your Furnished Finder account quickly34:25 Baselane Online Banking For Landlords35:40 Automated book keeping by creating virtual accounts & virtual cards36:15 How is your Baselane account protected?38:10 3 Baselane features for Furnished Finder landlords43:05 The benefits of Baselane reporting features47:15 Upcoming 2024 Baselane featuresWebsite Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats https://www.furnishedfinder.com/Resources/PMResources https://www.travelnursehousing.com/ https://www.facebook.com/groups/furnishedfinder.travelnursehousing/ https://www.baselane.com/ Saad’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=rocket.realty https://www.linkedin.com/in/saad-dar-b422301/ 5 Tips To Spot Check Your Furnished Finder Account-Check Edit Listings, Notifications, are unmatched Tenant Lead notifications on?-Have direct messages been addressed?-Have Tenant Leads been opened?-Is the availability date correct?-Are the photos in the correct order?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.