FF103 5 MTR Traveler Types, 5 MTR Mistakes To Avoid & Helpful Arbitrage Tips w/ Shawn Costley

The Landlord Diaries

In this episode, we're diving into the world of mid-term rentals with Shawn Costley, a seasoned expert from Huntsville Corporate Housing Solutions in Alabama. Shawn has mastered the art of rental arbitrage, securing six out of his seven mid-term rentals through this innovative strategy. Join us as we explore three essential topics for every landlord and property manager:

1. The 5 main mid-term rental traveler types in Huntsville, Alabama
2. 5 critical mistakes to avoid in the mid-term rental space
3. Best practices for successful rental arbitrage

In this episode we cover:

0:00 Intro- Welcome to The Landlord Diaries

0:40 What is arbitrage?

2:55 Shawn’s journey to MTR & corporate housing

4:00 ALE Solutions is a power user on Furnished Finder

4:30 Why Shawn chose arbitrage for his MTR strategy

6:45 Shawn’s 5 MTR traveler types in Huntsville, AL

7:45 Insurance displacement clients

12:00 Tech company clients such as Amazon & Samsung

14:35 Defense Industry clients

18:00 Fishing Tournament clients

21:25 Work crew clients

29:50 5 mistakes not to make in the mid-term rental space

29:55 When you stay in the property, you catch things you may not be aware of

35:25 Items frequently missing from a mid-term rental home

37:10 Don’t underestimate the power of marketing

41:40 Have reserves & be ready to pivot

44:10 Arbitrage best practices

Website Links:

https://www.furnishedfinder.com/

https://www.keycheck.com/

https://www.furnishedfinder.com/stats

https://www.furnishedfinder.com/Resources/PMResources

https://www.travelnursehousing.com/

https://www.facebook.com/groups/furnishedfinder.travelnursehousing/

Shawn’s Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=Shawn%20Costley

www.HuntsvilleCorporateHousingSolutions.com

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