178: How to Use Furnished Finder for Mid-Term Rental Success with Katie Lyon

Zen and the Art of Real Estate Investing

Mid-term rentals (MTRs) are becoming a more popular option with real estate investors, and today’s guest explains what makes them so appealing.

On this episode of Zen and the Art of Real Estate Investing, Jonathan sits down with Katie Lyon, the marketing director and podcast host at Furnished Finder. Katie also owns 12 mid-term rentals with her husband, providing housing for traveling professionals and families. The list of people looking for mid-term rentals is growing, and she’s giving us a behind-the-scenes peek at MTRs.

Jonathan and Katie begin their conversation by exploring her introduction to real estate through a job at a commercial real estate investment firm and how she ended up at Furnished Finder. Katie explains how she and her husband began investing in MTRs and use arbitrage as a part of their strategy. You’ll hear who uses Furnished Finder, what tenants are looking for, and how you can get creative with properties you own to use as mid-term rentals. Jonathan and Katie discuss why realtors and hackers have enormous opportunities in the MTR space, how Furnished Finder works for hosts, and why Katie focused on the Midwest for her rentals. She also reveals what qualities an MTR home has versus a long- or short-term rental, the role marketing plays in the rental process, and why it’s critical to remain open to tenants’ wants and needs.

If you want to know why you should consider mid-term rentals in your portfolio, Katie Lyon is dishing out the details you need to know.

In this episode, you will hear:

• Katie Lyon’s introduction to real estate at a commercial real estate investment firm and how she landed at Furnished Finder
• How Katie and her husband learned about mid-term rentals (MTRs) and began investing in them
• Using arbitrage as a part of your mid-term rental strategy
• Who uses Furnished Finder, MTRs, and what tenants are looking for
• Getting creative with the properties you own for mid-term tenants
• Why realtors and house hackers have a huge opportunity in the MTR space
• The shift that occurred after the pandemic
• How Furnished Finder works for hosts
• Why Katie and her husband focus on Midwestern properties
• The qualities an MTR home has versus a short-term rental and connecting with tenants
• The importance of marketing and photos in the MTR process
• Being open to hearing what tenants’ needs and wants are

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If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/178/ to download it.

Supporting Resources:

Furnished Finder - www.furnishedfinder.com

The Landlord Diaries on YouTube - www.youtube.com/@thelandlorddiaries

Furnished Finder Facebook Group - www.facebook.com/groups/furnishedfinder.travelnursehousing

Katie Lyon’s Instagram - www.instagram.com/mskatielyon

Connect with Katie on LinkedIn - www.linkedin.com/in/katie-lyon8

Website - www.streamlined.properties

YouTube - www.youtube.com/c/JonathanGreeneRE/videos

Instagram - www.instagram.com/trustgreene

Instagram - www.instagram.com/streamlinedproperties

TikTok - www.tiktok.com/@trustgreene

Zillow - www.zillow.com/profile/StreamlinedReal

Bigger Pockets - www.biggerpockets.com/users/TrustGreene

Facebook - www.facebook.com/streamlinedproperties

Email - [e-mail]

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.