Landlord Diaries - The Monthly Rentals Podcast

Daniel Saravia was born in El Salvador, has lived in Lexington, Kentucky, for over 24 years now and quit his w2 in 2019 to pursue full time real estate investing. He and his wife have 4 kids that are very involved in the family real estate business as well. Their current portfolio includes 7 properties in total, 2 long term rentals and 5 mid term rentals, many of which are 3 bed, 2 bath homes. In this episode we cover:(Points organized in episode order)From immigrant to Lexington, KYDaniel’s portfolio- 5 MTRs & 2 LTRsReally think hard before you leave your w2, you can totally do bothDaniel’s real estate was not affected by COVIDDaniel’s medical travelers average 6-10 month staysBuilding equity through renovationsHome run fixer uppers Securing renewals in your MTR rentals How your kids can be part of your real estate businessHiring the right CPA for real estateUsing a line of credit to purchase multiple propertiesThe value of unmatched Tenant Leads on Furnished FinderDaniel shocks his tenants with how quickly he respondsFurnished Finder algorithm placement tipsHow you present your property affects your bookingsWhat size gap do you like for your turnovers?Discounted hotels are a service to the landlordsIt’s not just travel nurses, relocation companies and even horse trainers use Furnished FinderDaniel’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Daniel.Saravia  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 talk with Cindy Caldwell, an out of state investor who lives in Philadelphia and has a short term, mid term rental in North Myrtle Beach, South Carolina. Cindy has 30 years of experience in health care as an occupational therapist with a specialty in home modifications. We will focus today’s episode on three parts: the STR/MTR condo in SC, Cindy’s experience with KeyCheck and analyzing your home for guests with accessibility needs. In this episode we cover:(Points organized in episode order)Why Cindy chose an STR/MTR in North Myrtle Beach, SCWhy STR hosts naturally venture into the MTR spaceSTR & MTR seasons and profit analysisCindy explains how simple it is to use the 3 KeyCheck featuresPreparing your home for travelers with accessibility and disability needs!Only .002% of Furnished Rentals Are Prepared For Disabled Travelers, Are You?What types of disability needs are out there?How to capture the right pictures for accessibility needsEasy, budget friendly home modifications for accessibilityWhat size door way do you need to be wheelchair accessible…How to fill out the accessibility section on Furnished FinderDoes your city offer rebates for making your showers or toilets more water efficient?Website 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.furnishedapartments.com/ Cindy’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Cynthia.Caldwell53 Becoming rentABLE:https://www.becomingrentable.com/ ZINUS 12 Inch Green Tea Memory Foam Mattresshttps://a.co/d/dyU4FIq  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 have the privilege to talk with Lorraine Woodward, a host on Furnished Finder who would like to share with us her personal journey through muscular dystrophy and hosting families through end of life care. As founder of Becoming rentABLE, a furnished rental listing platform designed specifically for travelers with accessibility needs, Lorraine is making huge waves in educating others about the need for affordable, accessible housing. I hope we all leave today’s episode with a better understanding of how to be more prepared for our travelers with disability and accessibility needs. Listen now to hear these 4 powerful stories...The Woodward family story of traveling with 3 wheelchairsThe Little Yellow House- impacting families through end of life careThe Beach House- providing hope to a guest w/ ALS disease16 year old that never had a place to shower on vacationIn this week's episode, YOU can help create social change...Are there ADA rules for short and mid term rentals?One rule that applies to ALL our rentals- service animalsPeople first language to show respect, especially to those w/ disabilitiesBig need for accessible properties near hospitalsLorraine’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Lorraine.Woodward   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 talk with Kristen (Gaylord) Vilasuso, a mid-term rental investor in the state of Maine. Real estate investing comes in many different shapes and sizes and we will see this today in Kristen’s portfolio. Her passion is giving back to Maine communities and one of the ways Kristen does this is by educating her neighbors on why mid-term rentals are important in their community. Website 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.furnishedapartments.com/ Kristen’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Kristen.Gaylord  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.

*** EARLY BIRD TICKETS ARE LIVE FOR THE MID-TERM RENTAL SUMMIT 2024*** Today we welcome back mid-term rental legend, Jesse Vasquez. Most of you probably watch his mid-term rental content on YouTube, but if not you should definitely start following his social media channels. Jesse is the founder of AirVenture Hosting Co, and is on fire in the mid-term rental and real estate coaching world. Get this - with a portfolio of just 14 properties, Jesse brings in $1.1 million per year in gross revenue! Today Jesse will give us a few easy steps on how to be a successful business owner in the midterm rental world and confident in your approach!NEVER SEEN BEFORE Cold Call Example w/ Jesse Vasquez (20 Min In!)In this episode we cover:(Points organized in episode order)Next Mid-Term Rental Summit Coming Soon!How Jesse’s business has changed since the Mid-Term Rental SummitUtilizing the Furnished Finder tools to build your MTR client relationshipsLIVE EXAMPLE of how to cold call TENANT LEADS w/ Jesse VasquezBe that 1% of MTR investors by doing this…Apply these 3-5 things to make your property stand outWhat can an MTR landlord do to make their company stand outBuild a simple landing page with a few key aspects Jesse highlights for usLow hanging fruit marketing tips for your MTR businessJesse has 5 touch points to secure guest loyalty and return staysIs your mindset limiting your potential?2024 MID-TERM RENTAL SUMMIT TICKETS ARE LIVE:https://jesse-vasquez-9a06.mykajabi.com/offers/M2VzudvU/checkout Jesse’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=jesse.vasquezWebsite 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.furnishedapartments.com/ https://www.airventurehosting.com/ www.Midtermrentalsummit.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.

Anne Curry is in the top 1% of real estate brokers in Pierce County, Washington, which includes two prominent suburbs of Seattle- Tacoma & Bremerton. Anne has been featured on the Bigger Pockets podcast talking about her affordable housing success story and Insider Magazine highlighting her 311-unit portfolio. Anne has sold over 1,000 homes, developed housing communities and created homes from the ground up including a mid-term rental DADU in her backyard.Mid-Term Rental Conversation Starts at 36 MinutesAnne’s first mid-term rental was by accidentDADU’s in your backyard make great mid-term rentals14 Unit Bremerton, WA Project- 1 bed, 1 bath cottagesHow Anne found the Bremerton project by watching comps in her areaWhat’s next for Anne? 90 units in new construction, her 168 unit project & moreHow to create opportunity in this market and the importance of an exit strategyAnne Curry’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Anne.Curry20 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 talk with the successful and talented Sam Mahmood. At age 25, Sam went from being a Medical Device Sales Rep to starting his own company that he scaled in 5 years to a 7 figure organization. Sam bought 10 multi-family units at the age of 25 in Southern California when everyone said not to. Sam has housed travel nurses for the last 6 years before many of you even knew about Furnished Finder. And lastly, Sam has taken 6 medical device companies from $0-1M ARR (annual recurring revenue) within 3 years. Today, Sam will encourage us on how to improve our MTR brands and increase our revenue. Website 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.furnishedapartments.com/ Sam’s Listings On Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Sam%20Mahmood https://www.linkedin.com/in/sam-mahmood-06620484/ WWW.bettermouthtape.comGino Wickman’s Book- Tractionhttps://a.co/d/e2oQpuj James Nestor’s Book- Breathehttps://a.co/d/igCnto0  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.

Let’s welcome back, Erin Spradlin, real estate professional and co-owner of Erin & James Real Estate. Erin loves educating others on the mid-term rental topic through consulting, her YouTube channel and 2 books she has authored called “American Nomads” which we discussed in episode 40 and “Erin’s Guide to Mid-Term Rentals” which is today’s topic. We will discuss the pros & cons of the mid-term rental space and how to overcome each objective. 10 REASONS you should listen to this episode...Why Erin prefers mid-term over long-term or short-termFurnished Finder facts on larger homes as mid-term rentalsAre travel nurses here to stay and should you focus specifically on that market?Excellent appreciation vs. cash flow comparison in Erin’s bookFurnishing is a CON to many, hear advice on this subjectScare of vacancy? Hear tips on how to close the gap for over 90% occupancy rateRestrictions are almost non-existent for mid-term rentals.Which months are the hardest in the mid-term rental space and how can you prepareThe ability to self-manage is a PRO of the mid-term rental strategyFurnished Finder gives you the tools to run your business on your own terms. Book 2: Erin's Guide to Midterm Rentals:https://a.co/d/3fEzT3LBook 3: My First Rental Property Workbook: Midterm & Corporate Rental Editionhttps://a.co/d/a0dZEsq Book 1 (Erin’s book we discussed in Episode 40)American Nomads Book: Finding and Renting to Remote Workershttps://a.co/d/bOQ042JErin’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=erin.spradlin Website Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats 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.

We are back with the founders of Women Invest In Real Estate (WIIRE), Amelia McGee (Des Moines, Iowa) and Grace Gudenkauf (Cedar Rapids, Iowa & Tucson, Arizona). These ladies specialize in travel nurse housing in the Midwest and love to educate other investors on the mid-term rental strategy. Today we will discuss one of their many great trainings, “3 Steps to Launch an MTR & Double Your Rental Income”. Additional things we talk about in this episode:Portfolio updates & net worth Why Grace is now investing in ArizonaHow Kelly’s investor friendly agent secures deals in a tough market How to ELEVATE your businessFurnished Finder Tenant Lead AdviceGreat tips for hosts that offer pet friendly furnished rentalsGrace & Amelia’s mid-term rental BUY BOXTips for analyzing the data on www.FurnishedFinder.com/stats Best practices for stocking your kitchen & MTR starter kit for guestsAmelia’s take on Furnished Finder’s unit featureHow to handle an MTR lease & canceled nurse contractsMTR insurance & LLC conversationKeyCheck.com for your mid-term rental landlords toolsGrace’s MTR Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=grace.gudenkaufAmelia’s MTR Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=amelia.mcgee WIIRE Website, Retreats, Podcast, Free MTR Tools & MORE:https://www.womeninvestinrealestate.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.

Let’s welcome back Sarah Weaver, co-author of the Bigger Pockets book “30-Day Stay”. The mid-term (medium-term) real estate strategy is Sarah’s specialty as an investor, realtor, speaker, author, design consultant, real estate consultant and once in a lifetime tour guide. Today, Sarah will talk us through one of the most common mid-term rental questions… is my market a good fit for mid-term rentals? It is our hope that YOU leave this conversation more confident that YOU have the ability to analyze any market no matter your strategy, funds available or the plan. Sarah goes into SUCH GREAT DETAIL on 6 Important Metrics:Sarah’s advice for utilizing the stats on www.FurnishedFinder.com/stats. SARAH’S PREDICTIONS FOR THE MID-TERM RENTAL SPACEDoes Sarah Weaver have another book in the works?!!!!Sarah’s Listings:https://www.furnishedfinder.com/members/profile?u=sarahdweaver Sarah’s Website:https://www.sarahdweaver.com/ - Use SARAH for 10% off her mentorship program- Book a one on one consultation- Arya Design Services- Sarah’s $99 furnishing list with links for purchase…. and moreSarah’s Epic Real Estate Adventureshttps://www.sarahdweaver.com/trips 👉 US Census Bureau Quick Facts⁠👉 https://datausa.io/ 👉 https://www.city-data.com/ 👉 https://www.neighborhoodscout.com/ 👉 https://fred.stlouisfed.org/👉 https://www.bestplaces.net/ 👉 https://worldpopulationreview.com/is also great. It has lots of data including the population trend, median household income, poverty rate, and median house price 📊Furnished Finder Website 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.furnishedapartments.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.