The Mid-Term Rental Show

$95K Duplex Turned Midterm Rental ($3K/month)!!!


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Host Bailey Kramer shares a done-for-you midterm rental client deal for Stehon: a Midwest duplex found on Redfin with only exterior photos, listed at $115,000 and now under contract for $95,000. The fully occupied property currently brings in $1,500/month total on month-to-month leases, with a plan to renovate and furnish each unit into midterm rentals expected to generate about $3,000/month combined. Investor First Capital is providing a hard money loan, with Stephon bringing roughly $15,000 to closing. Units will be renovated one at a time while managing tenant move-outs to maintain some income, then refinanced with an estimated after-repair value around $150,000 to reduce out-of-pocket cash. Bailey also mentions another client fourplex opportunity and a possible Florida trip to document furnishing a new-build midterm rental.00:00 Show Intro00:15 Done For You Service00:41 Finding The Duplex01:40 Negotiation And Walkthrough02:33 Under Contract Numbers03:13 Renovation And Refi Plan05:13 More Deal Examples06:10 Upcoming Florida Setup06:44 Questions And How To Reach Me07:30 Wrap Up And Next Videos

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The Mid-Term Rental ShowBy Bailey Kramer