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232: Double Your Cash Flow Overnight (In ANY Market) with Medium-Term Rentals w/Sarah Weaver and Zeona McIntyre

232: Double Your Cash Flow Overnight (In ANY Market) with Medium-Term Rentals w/Sarah Weaver and Zeona McIntyre

FromReal Estate Rookie


232: Double Your Cash Flow Overnight (In ANY Market) with Medium-Term Rentals w/Sarah Weaver and Zeona McIntyre

FromReal Estate Rookie

ratings:
Length:
46 minutes
Released:
Nov 5, 2022
Format:
Podcast episode

Description

Medium-term rentals are not new to real estate investing, but most investors have hardly heard of them. For years, corporate travelers would rent a room, apartment, or small property for a year or less. These travelers would pay a premium to avoid long-term leases and stay close to their work. But, with the rise of traveling nurses and digital nomads, the medium-term rental strategy is in a revival when investors need it most.Joining us on today’s show are investors, coaches, and authors, Sarah Weaver and Zeona McIntyre. Their new book, 30-Day Stay, is a masterclass in the wonderful world of medium-term rentals, walking new investors through everything they need to double their cash flow almost overnight. This strategy sounds too good to be true, but even a short-term rental king like Tony Robinson says that he’s intrigued. So is there a catch to this no vacancy, high cash flow, and often headache-free type of housing?In this episode, you’ll learn the pros (and very limited cons) of investing in medium-term rentals. You’ll also hear which markets this strategy works best in, what type of software you’ll need to run one, and how medium-term rentals are starting to rival vacation rentals! If you’re looking for an investment with a high ROI, that doesn't need to be minutes from a beach, this strategy is for you!In This Episode We CoverThe medium-term rental strategy explained and why it’s become so popular in 2023Short-term rental regulations and whether or not they affect medium-term rentalsHow to analyze a medium-term rental and what to look for in an investing areaTenant screening tips and building your lease agreements for medium-term tenantsWhich real estate markets work best for medium-term rentals (and which to avoid)Running your medium-term rental hands-free and the best software picks to chooseAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentAshley's InstagramTony's InstagramAirbnbReal Estate Rookie Facebook GroupReal Estate Rookie PodcastSemi-Retired at 30 Thanks to One Year’s Worth of Real Estate InvestingEarly Retirement Through Short-Term Rental Properties with Zeona McIntyreW2 Retired and Traveling the World with Just 15 Units w/Sarah WeaverPriceLabsAirDNAFurnished FinderVrboHospitableGoogle voiceFacebook GroupsMonday.comTrelloAsanaAvailConnect with Sarah & Zeona:Sarah's InstagramSarah's BiggerPockets ProfileZeona's InstagramZeona's BiggerPockets ProfileCheck the full show notes here: https://www.biggerpockets.com/blog/rookie-232Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Nov 5, 2022
Format:
Podcast episode

Titles in the series (100)

Ready to build your real estate empire… but not sure where to begin?Think of us as your personal trainer.From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask.Looking to 10X your real estate investing business this year? This show isn’t for you.Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Wednesday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.