How to Build a Mid-Term Rental Empire with Sarah Weaver

When investing in real estate and renting out properties, landlords either go the long-term rental route or pursue a short-term rental strategy. But have you ever thought about mid-term housing? Mid-term rentals (MTR), or medium-term rentals, are perfect for people who want to live in an area for a while but want a shorter lease than the typical year-long lease. So there's a massive potential for this type of investment. Join Russ and Joey as they chat with The Mid-Term Rental Queen, Sarah Weaver, about the possibilities of MTRs becoming your next wealth-building strategy.

Top 3 Things You’ll Learn:
The importance of identifying yourself as an investor instead of an employee (or whatever your job title may be)
You don't have to buy a bunch of properties all at once to start your financial freedom journey
It's possible to enjoy traveling on a budget

About Our Guest:
Sarah Weaver is a real estate investor who has mastered the ins and outs of mid-term rentals. In addition, she is an avid traveler, speaker, entrepreneur, and writer. Sarah is the co-author of 30-Day Stay: A Real Estate Investor’s Guide to Mastering the Medium-Term Rental.

As part of her mission, Sarah helps real estate investors and agents generate wealth through real estate investing. She also hosts memorable events specially curated for investors.

Connect with Sarah Weaver:
Website - https://www.sarahdweaver.com/

Find Your Next MTR Tenants:
https://www.furnishedfinder.com/
https://www.airbnb.com/

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00:26 - What's the over-under that we will have mid-term rentals on our passive income report after this interview?
05:40 - How is this trip to Argentina different?
06:12 - How did you get from traveling short-term to deciding to relocate to a different country? What changed your mindset?
08:12 - Why are you not an international journalist? Why is that not your full-time job?
09:08 - What changed your perspective and your path going forward from there?
11:00 - So you moved to Argentina and had one rental property. Did it just stay like that, or what progress did you make?
13:25 - You're having amazing Tuesday nights, better than most of the Stallion's vacations. Then what?
14:42 - When did you start focusing on mid-term rentals? Was it after you said your identity changed?
15:15 - What is a medium-term rental?
17:12 - What does having an identity shift do for you?
20:23 - What was the next step you took as a result of this?
21:47 - When did you become the Mid-Term Rental Queen?
22:15 - How did you grow your portfolio from three to twelve units in three months?
24:38 - Did you get some cash back out of that deal? How were you able to pay off the rich uncle?
25:25 - Did you buy the fourth property with some refinancing proceeds?
27:56 - What are the things we really need to understand about mid-term rentals? What are some of the key strategies we can deploy in our passive income journey?
30:24 - Does the traveling nurse avatar want their own space with privacy and not having to be in a group home?
31:52 - How do you find those tenants?
34:45 - What do you see in terms of the HOAs? Are they more friendly towards mid-term renters, or are we trying to avoid those areas too?

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🎧 Listen Now to the full episode of the podcast here 👉

https://www.wealthwithoutwallstreet.com/podcast/how-to-build-a-mid-term-rental-empire-with-sarah-weaver

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