Simple Tips for Landing Midterm Rental Tenants
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- Опубліковано 15 лип 2024
- So you've acquired and built out your unit and you're ready to start hosting midterm rentals.... What the heck is next?
This is what I'm breaking down. How to go from a decorated unit to your first tenant with FurnishedFinder.
See how much you can make on FurnishedFinder 👇🏾👇🏾
bit.ly/jb-furnishedfinder
Timestamps:
0:00 Intro
0:56 Take Professional Photos
01:42 Figure Out Your House Rules
02:05 Pricing
03:09 Application Fee
03:38 Furnish Finder
05:53 Communication
09:11 What’s Next
11:18 Hospitality Business
11:50 Ask for Feedback
🍿 Watch my midterm rental series sponsored by Furnished Finder
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Tips for landing your midterm rental tenants ➡️ • Simple Tips for Landin...
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What is the best mattress for airbnb and short term rental? → • What is the best mattr...
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Love the detail..thank you!!
Dude I've watched this probably 15 times now. Really appreciate the information!
Appreciate it!
Another great video! Thank you for sharing all your knowledge.
Wow so much great info.
Great video. So much helpful information here. Thanks Josh
Excellent video!
Good Information...... Thank you.
Great video
Good video. One of the better ones I've seen on this topic.
Appreciate that!
Great video! Very informative and well produced.
Glad you enjoyed it!
Thank you!!
You’re welcome!
This was veryyyy helpful. Thank you!!!!
Appreciate you!
Thank you!
I live in Myrtle Beach, SC, retired nurse.
I get lots of travel nursing offers, I turn down. I know there must be a midterm rental opportunity here!
Excited to research this opportunity here!
Travel nurses are fantastic guests, why turn them down?
This was great information. We're about to launch our first MTR.
Best of luck!
Thanks for all the info. I’m going to list my master bedroom and bath on furnished finder. I’m moving into my spare room. I’m going through a divorce and I think this will help me supplement my income with the resources I already have. Thanks
Good luck with finish finder because theyre useless.
Sorry that it hasn’t worked for you. I listed my room and got my tenant the next day. She’s a biochemical engineer on an internship. So far it’s been great. I’m also talking to a medical student that is interested in my room when it becomes available in a couple of months. I didn’t pay a photographer because I can’t afford it yet but I took a few hours to take pictures with my iPhone when I had natural lighting during the day. Maybe look at your pictures and your bio you filled out about yourself? I tried to put a little of my personality in my bio. I hope this helps. I’m new at this as well. Don’t give up, change it up.
@@lorenazaragoza6411 what city are you in
@@reynaldojules3242 Stanislaus county
I really hope it does help supplement. I bet it will!
Great videos! Do you do any consulting for someone who is looking to turn some of their long-term rentals to idterm?
Hello and thank you for your video. FYI I was charged a fee for Tenant Screening. It stated it was FREE but it was NOT. Please Advise in why they may have charged an additional fee? Maybe I clicked on something wrong. However after being listed for a week I was able to obtain my first tenant! 🎉
Its free to the host, but it charges the tenant per adult.
Great, Helpful Video! I have long term rentals, but I'm building out our first midterm right now. Am a nurse by background too. Do you have a list of items that you furnish in midterms? I've got the logical stuff like dishes, etc. I'm wondering about things like toilet paper, paper towels, garbage bags, coffee, etc. I'm not sure where that line is drawn btw short term and midterm supplies. Also, you mentioned about a week before your current tenant moves out, you are interviewing (?). Do you keep your property listed with the available date being when your current tenant is suppose to move out? From previous experience, I know that at the last minute, travel contracts can get renewed. Just wondering how you handle that? Thanks!!
Dang only $1750 on airdna? Not worth it for all the work of a STR, glad you went the mid term model. I'm getting mine setup now, should be ready in November. Would you be open to rating my listing? Might be good content for your channel
I’m preparing my first travelers nurses rental and the process you identified is very helpful!! I’m very interested in the feedback. Do you offer a discount for returning visitors? Or if someone leaves a review, do you give them something?
I've offered 10% off to repeat guests in the past. We don't give them anything for leaving us a review but we do start talking about the importance of a review from the beginning. "Looking forward to earning our 5 star review"
@JoshuaBaldovino what about squatters. Does Airbnb and VRBO protect me?
trying to find link you referred to on furnished finder. Have a few properties that I am setting up on MTR
Should be down in the description
Hi Joshua and thanks so much for sharing your knowledge! Quick question. I have 6 STR's and often get 30-90 day stays but want to focus on Mid Term Stays. How do you keep a 90 day block open for a booking without blocking your calendar for short term stays and loosing money while waiting for that Mid term stay? Thanks so much for your time.
It depends on which you prioritize. For our mid terms we prioritize 30+ and only have short term bookings direct or private
Hello Joshua, would you happen to have a sample cover letter to send out to the hospitals and recruiters to market renting my property?
We keep it pretty vague and short. Just a basic question of if they provide housing for their candidates.
Jessie, great videos and information.
Do you operate mid term rentals for property owners? If so. What % fee do you charge? John L
I know a few managers I can recommend if needed.
That would be helpful. Thanks. Please reply to my cell phone via text Make heading “Traveling Nurses”.
John
@@ZeonaMTR
@@jllacrosse I don't have your cellphone. Want to give me your email?
Do you recommend to include utilities or not include it in the rental price? If so, how do you come up with the flat rate for utilities?
It would have to be included. Or else whose name would they be in? Having to turn on lights water and gas for a 3month stay will ensure nobody rents from you
How do you know if your market have a demand for traveling nurses?
Furnished finder! There’s a video on my channel about it
How did you decide on a 2 bed 1 bath as the sweet spot for MTR in your area?
That was a unit that we already had. So we worked with what we got
Did you get someone in your unit yet?
Yup! On the 4th person now
Joshua - Let's team up. I help people with buying mid term rentals in the best markets. TX, FL, NC.
What do you have in mind?
What was the name of the remote key code doorlock again? Thank you!
The Schlage Encode is my favorite: amzn.to/3BMLNOT
@@JoshuaBaldovino thanks Josh, keep up the valuable content!
@@JoshuaBaldovino same!
save a few hundred dollars and just have MidJourney or Sora mock that up for you for free!
The leads on furnished finders are cheap. Is that the case everywhere? They want everything & the kitchen sink for little to nothing smh 😞
What’s the point of doing midterm if you are renting it for 2200? Might as well do long term
Long term was 900
@@JoshuaBaldovino interesting. But after your expenses if it’s short term. Instead of 2200 it would be say 1800. Then you are making 1000 dollars more each month renting it as midterm. And that is assuming you are back to back to back. At best it’s 1000/month more than long term. If you have gaps then it will be less than 1000/month. The only way I see it being worth it is if in this case you own a fourplex. And each unit as mid term will bring you in 1k more a month than long term. Then that’s probably worth your time. You would be getting 4k a month. That can be life changing money
@@tinachxx110 People go through the whole hassle of buying a home and long-term rentals for a measly $100-200/mo., $1000/mo is well worth it.
@@ZeonaMTR Absolutely 💯 👌
It would be nice to have coffee with you.