$1M/Year with 22 Rentals by Focusing on This “Growing” Niche | Bigger Pockets Video

Episode #497

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You can make money in real estate—with or without owning rentals! How? There’s a growing segment of the industry that rookies NEED to know about. It’s more lucrative than long-term rentals, more consistent than short-term rentals, and today’s guest is bringing in $1 million a YEAR with it!

Welcome back to the “Real Estate Rookie” podcast! Jesse Vasquez has mastered the medium-term rental strategy, bringing in over $1 million in revenue each year from twenty-two rentals. But here’s the thing. You don’t need a huge real estate portfolio to use this investing strategy and repeat his success. In fact, you don’t need to own ANY rentals to get started, making it the perfect option for new investors. But make no mistake—you’ll need to roll up your sleeves and get your hands dirty to build this type of real estate business!

In today’s episode, Jesse will show you how to tap into this emerging segment of the market. You’ll learn how to build your network, land your first contract, and become a trusted “broker” for human resource and recruiting companies throughout your market. You’ll also learn the ins and outs of setting up medium-term rentals and how to convert an existing rental property into a thirty-day stay!

00:00 Intro
00:57 Life Before Real Estate
03:42 Medium-Term Rentals 101
06:24 Getting Contracts & Referrals
14:39 How to Find Clients
13:31 Setting Up Your Rental
22:48 Must-Have Amenities
23:38 How to Get Started
31:00 Insurance Relocation Claims
34:46 Must-Have Amenities
34:46 Connect with Jesse!