Finding cash flow isn’t easy, especially with rising interest rates, high home prices, inflation, and an economic crunch on everyday investors. Where is the best place to park your cash while riding out today’s economic unfolding? Some say vacation rentals—the highly popular (and even higher cash-flowing) real estate strategy many new investors have adopted. But what about medium-term rentals? They’re a cross between regular rental properties and short-term rentals, marketed mainly to traveling professionals, travel nurses, and digital nomads. How is this under-the-radar strategy faring?
Unfortunately, we can’t ask Dave this question. But, we can ask Sarah Weaver and Zeona McIntyre, two financially free medium-term rental experts and authors of the new book, 30-Day Stay. Zeona, a former short-term rental fanatic, changed her strategy after finding that medium-term rentals provide similar cash flow with far less work. Sarah Weaver, investor and real estate coach, lives her nomadic lifestyle thanks to a portfolio of high-performing medium-term rentals.
The most attractive thing about this strategy is that it can work almost anywhere, in less expensive homes, with far less work necessary. That means you get to keep traveling, investing, or whatever you like to do best, while your rental properties quietly pump out passive income. In this episode, you’ll hear all about this extremely lucrative strategy, how today’s housing market is affecting it, and what you can do to set your medium-term rental apart from a sea of others.
Dave:
Hey, everyone. Welcome to On the Market. We have an excellent show today to talk about one of the most up and coming, most exciting new strategies in real estate known as mid-term rentals. For this interview, I am joined by Kathy Fettke. Kathy, how are you?
Kathy:
Great. So happy to be here. This is a really interesting topic that I think a lot of people want to learn about.
Dave:
Yes. It’s an amazing interview, which we’ll get…