#269: Medium Term Rentals 101 - A Deep Dive on the Hottest Strategy For Real Estate Investing
Real Estate Investing with Coach Carson
Chad Carson
4.9 • 613 Ratings
🗓️ 5 December 2022
⏱️ 64 minutes
🧾️ Download transcript
Summary
Episode #269 - Take a deep dive into a hot real estate investing strategy called mid-term rentals. In this interview with Zeona McIntyre, author of the new book The 30-Day Stay, you'll learn why mid-term rentals are so popular for producing higher cash flow with less hassle. You'll also learn the practical steps of the best mid-term rental locations, property types, furnishings, tenants and more.
COMPANION ARTICLE/SHOW NOTES: https://www.coachcarson.com/mediumtermrentals/
- (Book) 30-Day Stay: A Real Estate Investor's Guide to Mastering the Medium Term Rental https://store.biggerpockets.com/products/30-day-stay
- Zeona's Website: https://www.zeonamcintyre.com
- Zeona's Podcast: https://invest2fi.com
- Zeona's Instagram: https://www.instagram.com/zeonamcintyre/
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Transcript
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| 0:00.0 | I find them to be kind of like the porridge and the little bears where it's like just right, |
| 0:05.3 | you know, it's right in the middle. |
| 0:06.7 | So what happens with long term rentals is they're easier, but they are really hard to cash |
| 0:11.2 | flow these days. |
| 0:12.1 | So we've got really high prices still that are slowly coming down but not fast enough, |
| 0:16.8 | and then high interest rates that are just like ticking up. |
| 0:19.3 | So now with medium term or midterm, you can you can cash flow, which helps people a lot |
| 0:24.7 | just getting in. |
| 0:34.1 | Welcome to the real estate and financial independence podcast. |
| 0:37.1 | I'm your host Chad Carson. You can also |
| 0:38.7 | call me coach, and this is a show all about helping you get out of the financial grind so you can do more of what matters. |
| 0:44.7 | Whether you're a first time listener or a long time listener, thank you for being back for another episode. |
| 0:49.2 | The title of this episode is Medium Term Rentals 101. We're going to take a deep dive into one of the hottest |
| 0:56.0 | real estate investing strategies, at least the hottest for small and mighty investors. Those of us |
| 1:00.5 | who want to produce cash flow on the one hand, we also want to build wealth. Well, medium-term |
| 1:05.1 | rentals, which is in between Airbnb kind of daily rentals and long-term year-by-year rentals. |
| 1:10.6 | We're going to talk about all the details about that with an interview with someone named Ziana McIntyre. She is the co-author along with Sarah Weaver of a great new book from Bigger Pockets. It's called The 30-day Stay, a real estate investor's guide to mastering the medium-term rental. And in this interview, I go into depth both with Ziana's own story, |
| 1:29.5 | which is really fascinating. She's taking a journey, starting with just renting an extra bedroom |
| 1:33.5 | in her house or her condo using Airbnb to growing and changing from just doing short-term rentals |
| 1:39.0 | to doing medium-term rentals. And we talk about the benefits of different types of rentals. |
| 1:43.2 | We talk about how she got into it |
| 1:44.8 | why she got into certain types of properties and then we go into the fundamentals kind of step by step |
... |
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