Jan. 17, 2023

E342: Financial Success Through Medium-Term Rentals - Sarah Weaver

E342: Financial Success Through Medium-Term Rentals - Sarah Weaver

When we think of renting properties we usually think of long term rentals like housing, or short term like BnBs, but have you ever thought about medium-term renting? In this episode Steven is joined by Sarah Weaver who discovered her journey to financial freedom involved this not often used route.  Find out how she did it and how you can make the most of this rental strategy

Key Takeaways

  1. With medium-term rentals you can have four turnovers a year, instead of sometimes four turnovers a week with short-term. 
  2. The medium term rental strategy is a  great Make plus Multiply, putting those two strategies together, to be able to create that type of income to allow you to start doing what you want.
  3. It's a lot easier to turn your Airbnb or short term rental into a medium term rental, because it's already furnished.
  4. One of the key steps of naming your number is actually getting access, and one of those things you need to get access to is a community.

 

Resources Mentioned

Interested in connecting with other like-minded individuals? Then join our VonFinch Private Capital Network.  Learn more at http://www.vonfinch.com/invest

 

About our Guest:

Sarah Weaver is an author, speaker, coach, real estate investor, and business owner.  She runs three businesses that serve both real estate investors and real estate agents. On top of that she travels the country coaching real estate agents and hosting intimate retreats for investors. Talk about a dream life.

Sarah owns 19 units in four states. This includes nine furnished rentals—all of which she self-manages from afar. Did we mention that Sarah is always traveling?