Mid Term Rentals - Ideas for Standing Out

The Good Endeavor Business Show

Our guest today Rachel knows firsthand what it's like to struggle financially. Coming from Haiti with nothing, she worked her way through medical school and climbed out of debt using real estate. Now she owns 18 luxury vacation rentals!

But it's not just about the money for Rachel. She's discovered a way to generate $16k/month helping families displaced by disasters through mid-term rentals. Insurance pays top dollar to house families for months at a time while their homes are repaired.

Rachel shares her step-by-step process for tapping into this lucrative opportunity. From networking with insurance agents to selecting the right properties, you'll learn how to turn a family's misfortune into your fortune - all while providing an important community service.

She also reveals which amenities like pet friendliness can supercharge your bookings. Discover how Rachel turned one rental into a $16k/month payday and built a business helping others.

Get inspired to profit from your properties and make a positive impact at the same time!

In This Episode:

2:05 About Rachel

13:20 First home purchase

15:52 Getting into mid-term market

19:50 Insurance Company - Tapping into Temporary Housing Allowance

28:01 Two top amenities that drive revenue

33:31 Long Term Rates vs Mid Term Rates and occupancy

43:25 Rachel’s course on Mid Term Rentals

And more!

Connect with Steve Class:

• Instagram - https://www.instagram.com/steveyclass/
• Website - https://www.newenglandpropertymanagementllc.com/about

Connect with Mark McDaniel:

• Website - https://staysimpli.com/
• Instagram- https://www.instagram.com/staysimpli/
• Facebook- https://www.facebook.com/people/Staysimpli/100088214988017/
• Twitter- ​​https://twitter.com/staysimpli
• TikTok- https://www.tiktok.com/@staysimpli