June 24, 2024

FF101 Unlock Your Potential In The MTR Space Through Insurance Stays w/ Vetted Homes

1 hour 2 minutes

Jason & Kellie Davenport will challenge us today to unlock our potential in the mid-term rental space through insurance stays. Their 4 homes on Furnished Finder average $4,000 -$7,000 each in monthly cash flow. Jason & Kellie receive insurance requests from all over the country and have established Vetted Homes to further educate MTR hosts on the topic of insurance stays.

In this episode we cover:

0:00 Intro- Welcome to The Landlord Diaries

2:30 Portfolio of insurance homes

3:10 Educating the masses on insurance MTRs

3:35 The first insurance stay

5:40 Why host Katie Lyon embraces arbitrage

6:35 Why many STR operators are adding or moving to MTR

7:00 How to help displaced families get back on their feet

10:10 Types of homes needed for insurance stays

11:40 How to combine Furnished Finder w/ your insurance stays

13:35 What motivates MTR hosts?

14:10 Types of insurance requests coming through Furnished Finder

15:55 What is the average length of insurance stays?

17:20 2-3x your rental rates w/ MTR insurance stays

20:45 Vetted Homes provides new sheets & towels for each stay

24:35 Business strategy for the insurance housing niche

26:45 Lead times for mid-term rentals are shockingly short

29:10 5 tips for connecting w/ insurance specialists or families

29:45 Identifying the right property for insurance clients

31:50 What areas are good for insurance stays

34:55 Negotiating the deal with insurance relocation agents

38:55 Welcome your guests w/ the Furnished Finder House Rules

39:55 Kelly & Jason’s welcome guide

43:00 Connecting w/ relocations specialists through Furnished Finder

44:30 Best practices for Furnished Finder search rankings

44:55 Tax benefits, LLC & cost segregation advice

48:00 Safety tips, protect your real estate properties

55:00 Mid-term rentals can be freedom for your family

1:01:05 Connect w/ Jason & Kellie

Website Links:

https://www.furnishedfinder.com/

https://www.keycheck.com/

https://www.furnishedfinder.com/stats

https://www.furnishedfinder.com/Resources/PMResources

https://www.travelnursehousing.com/

The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.

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