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The Rich Somers Report

The Mid-term Rental Playbook | Ruben Kanya E185

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5910 Ratings

🗓️ 9 May 2024

⏱️ 47 minutes

🧾️ Download transcript

Summary

On today’s episode, Rich sits down with Ruben Kanya – Mid-Term Rental Specialist & Investor, Co-Founder of Invested Escapes, Podcast Host of The Real Estate Experiment, and Author of Hospitable Hosts. Ruben helps real estate investors 3x their returns without changing or disrupting their existing short-term rental operation by adding the mid-term rental insurance strategy. Ruben owns half a dozen properties between Atlanta and Cape Cod, Massachusetts, and also controls more than 30 ...

Transcript

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0:00.0

Now the niche that we're in is a sub niche of mentor rentals and we do mentor

0:04.7

insurance which is essentially now corporate housing. Now we're not renting to

0:10.0

the traditional person next door who's looking for the three month stay because they have

0:14.8

an internship or some fellowship or a new job or a travel nurse, that's not what we target.

0:21.2

We actually target the corporations who have to relocate

0:24.2

families due to unforeseen events like a tree falling on the house or pipe bursting and

0:28.6

the insurance company is paying us a premium to solve that problem.

0:33.0

Welcome to the Rich Drummers report where we talk real estate, business, and wealth

0:38.1

building all while keeping it real.

0:40.1

No fluff, no BS.

0:41.6

I hope that you enjoy the show.

0:43.0

All right guys, welcome to another episode of the report.

0:51.0

Today we are back in the studio and I got a special guest who

0:54.8

actually just recently connected with out in Nashville for the STR wealth

0:58.5

conference and I was on his podcast last year he actually specializes in

1:02.0

midterm rentals I got my man Ruben

1:04.1

welcome to the show brother. Rich man. Thanks for having me bro yeah

1:07.6

really appreciate you. I appreciate you coming on man you're recently in town

1:11.6

for the for Jesse Vasquez's

1:14.3

me terminal conference. How was it man? It was it was nice to see everybody in the

1:18.8

flesh. I think I was just saying this offline, I feel like it's one degree of separation at this point.

1:24.1

You see people you really connected with or they're connected to somebody you know.

...

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