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The Landlord Diaries

Latest episodes

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Sep 11, 2023 • 45min

FF55 Enlightening Property Management Tips For Your Mid-Term Rentals w/ Joan Lebigot

Ever wonder what it takes to maximize your investments in the real estate market? Our guest, Joan Libigo, an experienced landlord and full-service real estate agent based in Arizona, shares her wealth of knowledge on the flourishing midterm rental market. She gives us insider tips on navigating the management side of mid term rentals and clear paths of communication with your tenants. We touch on factors driving the soaring rental prices in Arizona and the fierce competition for housing among traveling nurses, snowbirds, and spring training visitors.Joan's expertise doesn't stop there. She offers an enlightening perspective on the advantages of hiring a property manager, especially for mid-term rentals. From researching nearby hospitals to choosing the right payment methods for property investment, Joan's tips are invaluable. She even highlights the often-overlooked benefits of paying in cash when purchasing a property versus taking out a mortgage.Joan's journey is more than just about rentals and property management. She shares her insights on real estate investing strategies and highlights the importance of comprehensive planning, understanding potential risks, and rewards. Joan emphasizes the importance of getting a property inspected before purchase and the necessity of having a backup plan if something goes awry. Tune in to hear her invaluable insights on investing strategies that will inspire both seasoned and aspiring landlords alike. You don't want to miss out.Joan's Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=joanlebigotThe 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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Sep 4, 2023 • 58min

FF54 12 Mid-Term Rentals & 83 Long Term Rentals w/ Vanessa Nunez

Are you ready to unravel the secrets of successful property management? Join us for a passionate conversation with Vanessa Nunez, owner-operator of 3D Property Management, who started her real estate journey at the tender age of 15. Today, she gracefully manages a robust portfolio of both long-term and midterm rentals in Fresno, California. Offering her seasoned insights, she gives us a tour of her unique method of evaluating potential rental properties, taking into account aspects such as location, convenience, and even traffic patterns. We delve into Vanessa's philosophy of creating a comfortable space for tenants. Be it the additional amenities or dealing with nuisances such as bed bugs, she has it all covered. Vanessa shares her wisdom on the importance of clear cut communication in the rental business - from setting expectations with renters to handling repairs or sensitive topics with property owners. The transition from long-term to midterm rentals, the essence of honesty with investors, and the necessity to make quick decisions to circumvent analysis paralysis are just a few facets of the wisdom that Vanessa shares.In the final piece of the discussion, we explore the nitty-gritties of managing rental logistics. Katie unveils her systematic method of using Excel, Vanessa shares the dry erase board is still a strong option for tracking, while Kelly reveals her modern approach with the Furnished Finder Tenant Tracking system and auto-messaging. With a wealth of actionable tips and insights from this conversation, it's a must-listen for everyone in the rental property industry. So, buckle up and get ready to elevate your rental property management game!Vanessa’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=3D*|Property*|Management*| 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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7 snips
Aug 28, 2023 • 38min

FF53 40+ Corporate Housing Units But Only 1 Arbitrage Partner w/ Stay Nixon

Founder of Stay Nixon, Jeremy Nixon, discusses his journey of building a portfolio of 40+ arbitrage-style units. He shares property acquisition strategies, management techniques, and their unexpected pandemic success. Co-host Katie reveals her secret method for comfortable profit margins. They also discuss property evaluation, lease initiation, noise monitoring software, and doorbell cameras. Jeremy invites listeners to experience Stay Nixon's services in San Antonio.
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Aug 21, 2023 • 50min

FF52 From House Hacking to Landscape Lighting: Create A Safe Ambience For Your MTR Guests w/ Jillyan

Light up your real estate knowledge as we sit down with Jillyan MacMorris in our latest episode, an inspiring host in the mid-term rental real estate investment game who’s adding a bright twist to property management through her company, Nightlight Inc. Jillyan walks us through her exciting and innovative journey of house hacking, arbitrage condos, and navigating the midterm rental space. Her enlightening insights will help you see your real estate portfolio in a whole new light!Jillyan dishes out her secret sauce for maintaining a comfortable environment for tenants, from the clever use of code locks to transforming dining rooms into cozy living areas. Eager to know more about her house rules and couch surfing experiences? Tune in to discover how this property guru manages to create order amid the chaos.Lastly, we delve into the world of landscape lighting with Jillyan, who shines a light on its crucial role in home security. If you're looking to illuminate both the safety and aesthetic appeal of your property, Jillyan's got some bright ideas for you! We explore different variations of outdoor lighting, how to install bistro lighting for the desired effect, and the pitfalls to avoid. Trust us, you don't want to miss this illuminating episode packed with incredible advice, enlightening conversations, and bright ideas.Part 1 Jillyan’s house hack & past arbitrage condosPart 2 Improving Lighting at night for your real estate portfolioPart 3 How Jillyan has implemented Night Light at her home.Jillyan's Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Jillyan.MacMorris  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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Aug 14, 2023 • 1h 1min

FF51 Turning Unused Space Into a Profitable Rental: MTR Insights and Tips for Property Investments and Landlord Practices

Imagine turning a little-used room in your home into a successful rental side hustle that generates a consistent income. This is exactly what our guest, Barry and his wife Sharon achieved. Together, they've ingeniously transformed an ordinary storage bedroom into a sought-after rental space for traveling medical professionals. Barry takes us through their journey, from designing a private entrance that ensures privacy for their tenants to the financial benefits they've reaped from this venture. View Barry's listings on Furnished Finder and get a copy of his book, The Downsize Side Hustle. Barry doesn't just share his story, he also offers some exceptional insights for anyone interested in the property market. By leveraging creativity and innovative solutions, he shows how you can add value to a home and generate a steady cash flow. Notably, he also shares an ingenious business solution for those with limited capital, demonstrating the potential benefits of a high-velocity money system. More so, if you're over 65 and residing in Texas, you'll definitely want to hear about the tax exemptions you might be missing.The episode concludes with Barry sharing some invaluable landlord tips. Drawing from his experiences of renting to varying tenants, he discloses the importance of conducting credit checks and having insurance as a safety net. Furthermore, he explores the perks of passive investments and closed-end funds, highlighting their tax-efficiency and liquidity. Lastly, we discuss the power of generosity and paying it forward. Loaded with useful information and practical tips, this episode is essential listening for anyone considering downsizing or investing in property. 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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Aug 7, 2023 • 43min

FF50 What Size is Best For Mid-Term Rentals? w/ Stars of Boston

Today we talk with Kama Cicero, Founder & Owner at Stars of Boston. Kama has 22 years of experience in real estate and 7 years operating Stars of Boston. In this episode we will discuss Kama’s large variety of mid-term rental sizes from room rentals to 5 bedroom homes. In total, Kama has 60+ units she operates as both short term and mid term rentals. Kama’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=STARS*%7Cof*%7CBoston 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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Jul 31, 2023 • 1h

FF49 Solid ROI From 9 Mid-Term Rentals in 3 Multi-Family Buildings w/ Zosia Madden

Today we travel to Denver, Colorado, to talk with Zosia Madden. Zosia & her husband Tyler own 3 multi-families in Denver & Aurora, with 9 of the units being utilized as mid-term rentals. This dynamic duo owns a bespoke luxury construction firm called Laurelless, specializing in high-end residential remodeling. You may find these two on Bigger Pockets from time to time as well. In this episode we cover:(Points organized in episode order)The journey of LaurellessPortfolio, buy box and exit strategiesCrazy story about purchasing a couple MTR multi-familiesPerfect BRRRR opportunityThere’s a market for all kind of MTR propertiesAnalyzing the value of your MTRSystems and processes for 1 or 10 propertiesYou found your income management spreadsheet where?The design aspect of MTRs to create a beautiful and budget friendly homeWhat should you supply in your MTR kitchens?In style remodeling tips for your kitchenZosia & Tyler on Bigger PocketsZosia’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=zosiamadden  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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Jul 24, 2023 • 53min

FF48 10 Month Stays & Booked Year Around Using The Mid-Term Rental Strategy w/ Terry Roberts

Today we talk with Terry Roberts in Memphis, Tennessee. Terry would like to discuss why mid-term rentals are his preferred real estate strategy and how he accomplishes bookings within hours of posting his properties. Terry averages 10 month stays and reaches an almost perfect occupancy rate with one day flips. Terry owns six 3 bed, 2 bath single family homes and one 2 bed, 2 bath home. 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/ Terry's Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=THE%20PLAZA%20at%20Montebello 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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Jul 17, 2023 • 32min

FF47 Your First Mid-Term Rental Can Be Easier Than Expected w/ Nurse Andrea Hendricks

With us today is Andrea Hendricks, infusion nurse, property owner and mid-term rental host in the Austin, Texas area. Andrea has established herself as a 5* host on Furnished Finder and has many tips on the ease of getting started in the mid-term rental space. In this episode we cover:(Points organized in episode order)The w2 job as an infusion nurseThe investment propertySetting up a real estate contract without a realtorLearning from your mistakesBuying in a tough marketWho are your rentersThe size of the propertyValuable tools for your mid term rentalsHow KeyCheck makes your life easierRound table discussion about KeyCheck LeasesSetting yourself up for 5* reviewsThe hospitality side of mid term rentalsLandlording for MTR tenants is easier than you expectAndrea’s ending advice: Jump in and get startedAndrea’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Andrea.Hendricks 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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Jul 10, 2023 • 1h 3min

FF46 From Managing 14,000 Commercial Units to Building Her Own MTR Portfolio w/ Jamie Banks

Today we talk with Jamie Banks, CEO of Radiate Real Estate. While Radiate is a rising star in the mid-term rental space, Jamie has a wealth of knowledge and expertise in processes. In her previous role at Fundrise, a large commercial real estate firm, Jamie managed 14,000 units across the U.S. She has already built some incredible systems for her MTR portfolio which will be the focus of today’s episode. Website Links:https://www.furnishedfinder.com/ https://www.keycheck.com/ https://www.furnishedfinder.com/stats https://www.furnishedfinder.com/Resources/PMResources www.radiatere.comJamie’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Jamie.Banks16 Typeform- https://www.typeform.comThryv PMS- https://www.thryv.com/ Baselane- https://www.baselane.com/ Loom- https://www.loom.com/ Canva- https://www.canva.com/ Turno- https://turno.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.

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