In this episode, your co-host Ruben Kanya of the MTR vs. STR Smackdown summit recap the event that occured last week featuring some of Experiment Nation's top podcast guests on a panel of top leaders in the short term rental industry who discuss the benefits of a new mid-term rental model that is gaining popularity. This new model is becoming increasingly attractive to investors who own furnished accommodations and are looking for ways to increase their revenue, occupancy, and cash flow.
The panelists include seasoned investors, property managers, and industry experts who have successfully implemented this mid-term rental model in their businesses. They share their experiences, insights, and strategies for how to make this model work for investors of all sizes.
The discussion covers topics such as the ideal length of stay for mid-term rentals, pricing strategies, marketing tactics, and how to manage guest turnover effectively. The panelists also explore the benefits of using technology to streamline the booking process, automate routine tasks, and manage properties remotely.
You can expect to come away with a deeper understanding of this mid-term rental model and how it can help them achieve their financial goals in the short term rental industry. You will also gain insights into the current trends and challenges facing the industry and learn about the innovative solutions that are emerging.
Overall, this podcast episode provides a recap of valuable insights and practical advice for investors who are interested in exploring the mid-term rental model and staying ahead of the competition in the dynamic short term rental industry.
If you haven't already tuned into the Panelist's episode on The Real Estate Experiment Podcast, make sure you do, they are masterclasses of their own:
Why Luxury Rentals are Short Term Rental Gems with Rachel Gainsbrugh Episode #181
Normalizing the “30-day Stay” in your Short Term Rental Business with Zeona McIntyre - Episode #215
Mid-Term Rental B2B Solution: Nursing Contracts & Insurance Policyholders w/ Jesse Vasquez - Ep #208
Furnished Accommodations Across Multiple B2B Verticals with Noble Crawford - Episode #206
MTR vs STR Smackdown Summit: https://www.shorttermgems.com/offers/rzYiQTGM/checkout
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Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts
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#MTR #STR #smackdown