BiggerPockets Real Estate Podcast

780: The Step-by-Step Guide to Building a Medium-Term Rental Empire w/Jesse Vasquez


Listen Later

Your real estate cash flow is suffering. Rent growth is slowing, mortgage rates are rising, and property prices are staying put. So where can you find more room to profit with your rental property? The answer is medium-term rentals! Until a couple of years ago, medium-term rentals, also called corporate rentals or traveling nurse rentals, were the sleepy investing strategy that only experienced investors like Jesse Vasquez knew about. But now, they’ve become (arguably) the best rental property on the planet.

With medium-term rentals, you can often make four (or more) times the rent than a regular rental. You’ll also have minimal turnover, more professional tenants, and be able to book out your place at a high monthly rate for four, five, or six months at a time. They’re easier to manage than short-term rentals but have substantially more cash flow than long-term rentals. So, how do you get in on this high-cash flow craze?

We brought Jesse back to the show for a step-by-step tutorial on starting, running, and profiting with a medium-term rental. He gives in-depth answers on how much it costs to start, the best locations to buy (or rent), how to get the biggest rental contracts from top corporations, amenities guests will expect, and what to charge. If you want to take your rental property from break-even to making bank, this is the strategy for you!

In This Episode We Cover:

The medium-term rental strategy explained and how to use it to make 400% more cash flow

Short-term rental regulations and why many hosts may need to switch to medium-term stays

Best real estate markets for medium-term rentals and signs of low vacancy

Unique amenities that will get you CONSTANT business (bikes, cars, grocery delivery, and more!)

Rental contracts and how to use hospitals, insurance companies, construction crews, and more to fill up your rental 

Whether or not allowing pets in your rental is EVER the right move to make

And So Much More!

Links from the Show

Find an Agent

Find a Lender

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership

BiggerPockets Bookstore

BiggerPockets Bootcamps

BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Pick Up Some of David Greene’s Best Selling Books

Rob's Instagram

Rob's TikTok

Rob's Twitter

Rob's YouTube

David’s First Episode

Jesse’s Recent Episode

Medium-Term Rentals: How to Get BIG Cash Flow Out of Small Properties

Book Mentioned in the Show:

30-Day Stay by Zeona McIntyre & Sarah Weaver

Connect with Jesse:

Jesse's BiggerPockets

Jesse's Instagram

Jesse's YouTube


Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-780

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

BiggerPockets Real Estate PodcastBy BiggerPockets

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

16,512 ratings


More shows like BiggerPockets Real Estate Podcast

View all
Afford Anything | Make Smart Money Choices by Paula Pant, Personal Finance Expert | Cumulus Podcast Network

Afford Anything | Make Smart Money Choices

3,566 Listeners

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

702 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,849 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

833 Listeners

The Cardone Zone by Grant Cardone

The Cardone Zone

3,916 Listeners

The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

The Side Hustle Show

1,585 Listeners

ChooseFI by ChooseFI

ChooseFI

5,153 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,087 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

618 Listeners

BiggerPockets Business Podcast by BiggerPockets

BiggerPockets Business Podcast

693 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

725 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,824 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

319 Listeners

Wealthy Way by Ryan Pineda

Wealthy Way

2,131 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

132 Listeners

On The Market by BiggerPockets

On The Market

903 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

852 Listeners

The David Greene Show by David Greene

The David Greene Show

705 Listeners