The strategy is simple: buy a house, furnish it, and rent it out for over thirty days. Surprisingly, doing so will often get you double the rent as a regular rental property without the constant turnover of short-term rentals. Don’t believe us? Maybe Sarah Weaver and Zeona McIntyre can change your mind. They’ve been doing the medium-term rental strategy for years, and it’s what’s given them the financial freedom they enjoy today!
Sarah, shortly after finding out about the medium-term rental strategy, converted many of her long-term rentals into medium-term. Zeona, a former short-term rental owner, knew the high cash flow, low maintenance approach would help her live the nomadic lifestyle she loves. They detail exactly how they did it, what it takes to succeed, and how you can repeat the process in their new book, “30-Day Stay.”
01:51 Quick Tip
03:07 Getting Started Investing
09:15 Why Switch from Short to Medium-Term Rentals?
11;49 Where to Buy and Who Should Try It?
20:08 Medium-Term Management and Maintenance
30:33 The Optimal Property Size
37:13 Bookings, Analysis, and Free Resources
46:02 Leases and Cleaning Procedures
53:12 Grab the New Book!
56:26 Deal Deep Dive
01:04:13 Famous Four
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Grab Some BiggerPockets Merch:
Grab “30-Day Stay” and Use Code “ZEONA” or “SARAH” for a Discount:
Pick Up the Other Books We Mentioned in Today’s Episode:
Profit like the Pros: https://store.biggerpockets.com/products/profit-like-the-pros?utm_source=owned_media
Raising Private Capital: https://store.biggerpockets.com/products/raising-private-capital?utm_source=owned_media
Past Episodes with Sarah and Zeona:
229 w/Zeona: https://www.biggerpockets.com/blog/biggerpockets-podcast-229early-retirement-short-term-rental-properties-zeona-mcintyre?utm_source=youtube&utm_medium=description&utm_campaign=none
300 w/Zeona: https://www.biggerpockets.com/blog/biggerpockets-podcast-300-invest-real-estate-ultimate-show-started-josh-dorkin-brandon-turner-11-rockstar-investors?utm_source=youtube&utm_medium=description&utm_campaign=none
563 w/Sarah: https://www.biggerpockets.com/blog/biggerpockets-podcast-563?utm_source=youtube&utm_medium=description&utm_campaign=none
Furnished Finder Stats:
Follow Sarah and Zeona on Instagram:
Sarah: @sarahdweaver or https://www.instagram.com/sarahdweaver/
Zeona: @zeonamcintyre or https://www.instagram.com/zeonamcintyre/
Connect with Rob (Robuilt) on YouTube, Instagram, TikTok, and Twitter:
Connect with David, Rob, Sarah, and Zeona on BiggerPockets:
Follow David on Instagram:
@davidgreene24 or https://www.instagram.com/davidgreene24/
Show notes at: https://www.biggerpockets.com/blog/real-estate-679?utm_source=youtube&utm_medium=description&utm_campaign=none
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