How to Set Up Your MidTerm Rental Business Strategy 2024

[@ncbeauty7519]

This is an excellent well thought out video. Thank you for sharing this information.

[@ashlyjeanblog]

This is spot on! As a travel nurse myself who utilizes both short and midterm rentals, you are right on the money about which amenities matter most depending on how long the stay is. Love your page! You are one of my main sources for learning how to get into this business!

[@LifestyleLeaps]

Thanks for the reassurance! I love that you're a travel nurse. Come to the landlord side! I love hearing that. You deserve it!

[@shawna524]

You both did great! I'm still learning how to make my calendar available for short-term (in between my mids) when it's set for 28 days or more.

[@LifestyleLeaps]

You can select the specific nights on the calendar and then adjust their minimum night stay. You may want a 3rd party app like Guesty if it doesn't allow you on airbnb though it should.

[@grfrealty2142]

Great video!

[@tishpowers2496]

Excellent job! Thanks for the info ❤

[@georgeomae3421]

Very informative and done in an efficient manner. Walking us through each room and pointing out the what and why was very helpful! Good job!!

[@LifestyleLeaps]

Thank you George. I've got another walk thru of another unit Monday. This one with numbers and construction explanation.

[@genetoliver1458]

Great job, presenting, and recording! This was very informative and streamlined. Thank you, and may you have continued success .

[@LifestyleLeaps]

Thank you so much. I really needed to hear that today. 🙏

[@galvinferguson5336]

Thank you for the information and explaining the difference. Also, to your husband great job recording the video!

[@mabel55ulster]

He did a good job, and you did well too.

[@LifestyleLeaps]

Aw thank you!

[@Yodasmoke]

Just what I needed. Good video. Looking for ideas. Multi-unit four 1 bedroom apartments, with a view of the Caribbean sea. This video game me some ideas. P.S Your husband did a great job ✊🏾😎

[@LifestyleLeaps]

That's wonderful!!! And thank you 😊 🙏

[@lthage373]

Just at the thinking-about-it stage. Very helpful. Good job on the camera work hubby.

[@LifestyleLeaps]

oh yay! and thank you!

[@emagin8r]

Thank you for the tips! I’m about to start my diet MTR/STRs in Pasadena, CA. Good job filming too.

[@LifestyleLeaps]

wow thank you and congratulations!

[@melissatorres9880]

Very informative! Thank you for sharing. I am currently working on my first mid term corporate rental and this video definitely gave me some pointers on things I wasn’t even considering 👍

[@LifestyleLeaps]

I'm so grateful for the feedback. I'm glad, thank you.

[@kingsleyaddo1685]

Great information. Thank you!

[@marissawarfield8812]

Soo helpful!!! Thank you so much. Very Informative and clear. Appreciate it so much!!

[@scooter10421]

This information was great. The video production was on point.

[@LifestyleLeaps]

Thank you so much!

[@Tikentheork]

Great job you both! Thanks for all the great golden nuggets here.

[@LifestyleLeaps]

Thanks so much!

[@andrewdesrochers8144]

Great video!! Thank you for sharing. I had just finished furnishing a new short-term rental duplex in my city, when the municipality decided to ban Airbnbs. This led me to consider other alternatives, and your video on mid-term rentals hit home. You simplified the whole process and offered key ideas and comparisons to provide successful stepping stones between short and long-term rentals. Did you prepare a regular lease for your renter? I’d be interested in your recommendations concerning important clauses to include in the contract? * Btw, your husband did a nice job filming the video!

[@LifestyleLeaps]

OMG 😭 you're comment is so thoughtful thank you and damn that is unfortunate with regulations changing on you like that! I use apartments.com to draft my leases because it have out of state properties too and they account for legality I each state. I just add things like quiet hours, unauthorized pet and smoking and late check out penalties, and car maximum if there is one.

[@MinimumWageREI]

Nice, informative vid. Did you make this vid from your str on vacation so you could write off some of the trip?

[@LifestyleLeaps]

This trip was for my honeymoon. That's a great idea but I didn't 😆

[@erinhamilton1940]

Fantastic video!

[@nancydewitt3861]

I am just about to get started in midterm rentals to traveling nurses by renting out two bedrooms in my own home. All your practical suggestions, going room to room, have been very helpful. Can you please comment on single bed versus double? On my tight budget, I’ve decided to start out with the single twin beds that I already have, but have ordered new Tempur-pedic style mattresses for each. Have I made a mistake? Should I have bought new double beds? Am I going to significantly limit the size of my applicant pool by only offering a single bed in each room or are there plenty of people who are OK with a single bed?

[@LifestyleLeaps]

Thank you! As an adult, I personally would be turned off at the idea of sleeping on a twin bed and may lean to another option that offers a larger bed. It's just one more competitive advantage. However if the room is too small for a queen, then I understand why a twin could feel more spacious. I've never offered a twin bed unless as a double twin beds in one of the 3 bedrooms of the house, so I don't have a real A B comparison to verify my opinion here. Congratulations to your new journey and source of additional income.

[@zeekflash6924]

How do you determine a good market for MTR , furnish finders , hospitals & etc thx

[@LifestyleLeaps]

I use airbnb and furnished finders to list my MTR units. I researched that they were near major hospitals for travel nurses. But also I picked locations where I like to travel too so tax write offs are also personally beneficial.

[@ElizabethGalarza1]

Green tea memory mattresses had had some issues about contamination of the whole house. How long have you been using them and have you experienced any of these issues?

[@LifestyleLeaps]

I haven't had any issues with any of the mattresses I've purchased so far

[@m.m.3483]

Can you tell us the brand of stovetop you bought to install into the countertop and where you bought it? I am in Nevada. Thank you!!!

[@LifestyleLeaps]

My contractor picked it out after we discussed so I don't know and currently have a renter so I can't check 😅 🙃

[@camcam3087]

Great content! Do you have separate insurance in case they break something expensive that’s more than the deposit? Thanks! Subscribed

[@LifestyleLeaps]

Thank you. Yes absolutely 💯 Not only for the guest damages but for the house in general too. For example, I had a furnace go out and due to covid it took forever to repair. My insurance paid for the repair and the canceled rental contract value since I wasn't able to rent it out. It got $10k!

[@camcam3087]

Any recommendations on who to go with on top of my regular AAA home insurance?

[@LifestyleLeaps]

@@camcam3087 I have used Guard many times. But it isn't always the best option. I work with an insurance broker to keep my options open and we assess needs as I gain more assets in different states.

[@nursekeng9545]

I have a LLC for JADU do i have to get separate home insurance ?

[@LifestyleLeaps]

My home insurance covers for all parts of the home including any JADU or ADU.

[@ElizabethGalarza1]

What is JADU ?

[@marissawarfield8812]

HURRAYY!! THIS IS WHAT I NEED, ALL QUESTIONS IN MY MIND WAS ANSWERED.. THANKS YOU SO MUCH FOR THIS..

[@LifestyleLeaps]

Let me know if you have more questions

[@marissawarfield8812]

Thus is RIGHT ON TIME!!! THANK YOU SO MUCH!!! LOVE THIS!¡

[@LifestyleLeaps]

Yay I'm glad to hear it!