Hacking Your Cashflow - MTR Breakdown (with Katie Lyon) | EP. 147
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Sam Primm and Lucas Walls interview Katie Lyon, the marketing director for Furnish Finder. They discuss the potential and benefits of midterm rentals in the current real estate market. Midterm rentals typically range from 30 to 90 days and cater to traveling professionals, such as nurses. The demand for midterm rentals is increasing, driven by factors such as the needs of medical centers, digital nomads, corporate travelers, and homeowners undergoing renovations. Midterm rentals offer a more stable tenant base compared to long-term and short-term rentals, with professionals who are focused on work and sleep. They also provide a business-to-business or business-to-consumer relationship with tenants. Furnish Finder, a comprehensive platform for midterm rentals, aims to meet the growing demand. Owning and renting out midterm properties can be a lucrative investment strategy, offering higher rental income and less turnover compared to short-term and long-term rentals. Midterm rentals can be a flexible option for investors, especially in areas where short-term rentals are restricted. Furnish Finder provides resources and support for landlords, including direct bookings, background screenings, and landlord education. The platform eliminates the need for property showings and offers self-service convenience. Furnish Finder also offers additional resources for learning about midterm rentals, such as a blog and a podcast called 'The Landlord Diaries.' Katie Lyon, with her experience in owning and managing midterm rentals, showcases the potential for success in this market. Overall, midterm rentals offer a powerful investment strategy that combines the benefits of long-term and short-term rentals.
Sam Primm and Lucas Walls interview Katie Lyon, the marketing director for Furnish Finder. They disc