• 178: How to Use Furnished Finder for Mid-term Rental Success with Katie Lyon

  • Oct 3 2024
  • Length: 56 mins
  • Podcast

178: How to Use Furnished Finder for Mid-term Rental Success with Katie Lyon

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  • Summary

  • Mid-term rentals (MTRs) are becoming a more popular option with real estate investors, and today’s guest explains what makes them so appealing. On this episode of Zen and the Art of Real Estate Investing, Jonathan sits down with Katie Lyon, the marketing director and podcast host at Furnished Finder. Katie also owns 12 mid-term rentals with her husband, providing housing for traveling professionals and families. The list of people looking for mid-term rentals is growing, and she’s giving us a behind-the-scenes peek at MTRs. Jonathan and Katie begin their conversation by exploring her introduction to real estate through a job at a commercial real estate investment firm and how she ended up at Furnished Finder. Katie explains how she and her husband began investing in MTRs and use arbitrage as a part of their strategy. You’ll hear who uses Furnished Finder, what tenants are looking for, and how you can get creative with properties you own to use as mid-term rentals. Jonathan and Katie discuss why realtors and hackers have enormous opportunities in the MTR space, how Furnished Finder works for hosts, and why Katie focused on the Midwest for her rentals. She also reveals what qualities an MTR home has versus a long- or short-term rental, the role marketing plays in the rental process, and why it’s critical to remain open to tenants’ wants and needs. If you want to know why you should consider mid-term rentals in your portfolio, Katie Lyon is dishing out the details you need to know. In this episode, you will hear: Katie Lyon’s introduction to real estate at a commercial real estate investment firm and how she landed at Furnished FinderHow Katie and her husband learned about mid-term rentals (MTRs) and began investing in themUsing arbitrage as a part of your mid-term rental strategyWho uses Furnished Finder, MTRs, and what tenants are looking forGetting creative with the properties you own for mid-term tenantsWhy realtors and house hackers have a huge opportunity in the MTR spaceThe shift that occurred after the pandemicHow Furnished Finder works for hostsWhy Katie and her husband focus on Midwestern propertiesThe qualities an MTR home has versus a short-term rental and connecting with tenantsThe importance of marketing and photos in the MTR processBeing open to hearing what tenants’ needs and wants are Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/178/ to download it. Supporting Resources: Furnished Finder - www.furnishedfinder.com The Landlord Diaries on YouTube - www.youtube.com/@thelandlorddiaries Furnished Finder Facebook Group - www.facebook.com/groups/furnishedfinder.travelnursehousing Katie Lyon’s Instagram - www.instagram.com/mskatielyon Connect with Katie on LinkedIn - www.linkedin.com/in/katie-lyon8 Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
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