The Landlord Diaries

How would you like to be privy to the secrets of building a multi-million dollar real estate portfolio? Today, we have the pleasure of hosting Stephanie Cabral, a savvy Connecticut investor, who has amassed an impressive portfolio worth over $3 million. Stephanie will be delving into her journey, providing us with a sneak peek into her world of real estate. She shares her experiences, from her humble beginnings to her foray into the furnished rental market. Stephanie also gives us a glimpse into how she optimizes the use of Furnished Finder to list her properties, a method that has helped her save massively on commissions and booking fees.Moving onto the operational side of things, we also get an insider’s look into how Stephanie has streamlined her operations to maintain high standards while cutting down on tedious, repetitive tasks. Stephanie generously shares her knowledge about automation and delegation, in particular, her use of a Virtual Assistant (VA). This episode on rental management and team building is packed with valuable tips and strategies that would benefit anyone looking to optimize their operations. Stephanie shares the tools she uses to document best practices and facilitate her VA's understanding of their roles.The episode wraps up with a conversation about incorporating LLCs into real estate portfolios. Stephanie shares her insights, offering valuable advice to both newcomers and seasoned investors alike. She also gives us a preview of her Lean Landlord guide and a complementary assessment tool to evaluate one's operations. This is not just another episode; it's an opportunity to learn, grow and dominate the real estate market. Don't miss out!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/ Stephanie’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Stephanie.Cabral Stephanie’s Mid-Term Rental Tool Box…The Lean Landlordwww.TheLeanLandlord.comFree Flow Charts:https://www.drawio.com/ Free Video Documentation Through Soapbox:https://wistia.com/soapbox Virtual Staffing Company:https://coreassist.com/ Automation Tool:https://podio.com/Google Work Space For Business:https://workspace.google.com/business/small-business/ Automated Messaging & Tenant Communication Tool:https://www.abodea.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.

Ever wondered how you can successfully venture into out-of-state mid-term rentals? Well, we've got the perfect guest for you. Meet Alexis King – a property owner, arbitrage investor, mid-term rental host, and seasoned LinkedIn regional manager – who shares her wisdom on creating a lucrative portfolio scattered across different states. Alexis delves into her strategies, the tools and teams she trusts, and the intense process that made her an ace in the furnished rental game. Alexis believes in the power of staying organized and keeping things simple. And she’s not just all talk - she shares practical tips from her own journey, like using software and a property manager to streamline operations. She also emphasizes the importance of enhancing guest experiences by personalizing properties and reveals her secret to handling property maintenance challenges. This chat is a treasure trove of insights for anyone aspiring to venture into the monthly furnished rental space or looking to up their game. It doesn’t stop there; Alexis also shines a light on her experiences with long-term rentals and how she leveraged arbitrage to expand her real estate network. Towards the end, she shares some pearls of wisdom for fellow landlords, reminding us of the essence of proper maintenance and organization in ensuring success. All said and done, this episode is a deep dive into the world of mid-term rental investments, filled with practical advice, experiences, and motivation. Don't miss it!Alexis Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Alexis_KThe Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.

Meet Christian Bauman, a young entrepreneur who's crafted a unique niche in the rental market. At just 21, he began his journey in Buffalo, New York, furnishing properties and doubling rent for a monthly cash flow that’s nothing short of impressive. Tag along as we navigate his distinct strategy of targeting travel nurses in need of affordable, comfortable housing, and delve into his innovative lease agreements.Christian’s portfolio boasts an impressive 30+ units that generates approximately $50,000/month. We'll explore his journey of managing cash flow and learn how he's refined his property portfolio, focusing mostly on studio and one bedroom apartments. He generously shares his wisdom on how to source furniture locally from Amazon, Target, and local suppliers, along with some secret tips for scoring great deals. Get ready to take notes as we delve into the world of mid-term rental arbitrage with Christian’s innovative and strategic approach.But there's more to Christian than meets the eye , we'll hear all about his whimsical venture, goat yoga, where these adorable creatures play a starring role. Learn how he's transformed his farm into a fun-filled venue for private events, including birthday parties and yoga classes. And if that weren't intriguing enough, he's also a jujitsu trainee. So, tune in for a fun and informative conversation as we uncover the riveting twists and turns of Christian's entrepreneurial journey.Christian’s Listings on Furnished Finder:https://www.furnishedfinder.com/members/profile?u=Christian.BaumanThe Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.

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.

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.

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.

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.

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.

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.

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.