273: Making $100K in 18 Months with “Misfit” Medium-Term Rentals w/David Rosenbeck

Real Estate Rookie

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2+ y ago 59:01

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Over $100,000 from medium-term rentals…in just 18 months?! It’s a pipe dream to many, but it’s reality for today’s guest. After connecting with a few colleagues about real estate investing, David Rosenbeck left his established career as a nurse practitioner to dive headfirst into the investing world—carving out a niche that married his former job with his newfound passion: medium-term rentals for traveling nurses.

David and his wife bought their first rental property, and within 24 hours of going live, it had booked nine months out. The rest is history. David has since replaced his six-figure income with this flexible job that allows him to work fewer hours, stress less, and build the dream lifestyle for him and his family.

If you’re afraid that short-term rental properties are difficult to manage or that long-term properties don’t generate enough monthly income, this is the episode for you. David shares all of the secrets that helped him earn over $100,000 in only 18 months from medium-term rentals. He touches on pitching Airbnb arbitrage to landlords, moving every 12 months to build your real estate portfolio faster, and finding the “misfit” properties that make the PERFECT rentals!

In This Episode We Cover

The advantages of medium-term over short-term and long-term rentals

How to find the best areas to invest in medium-term rental properties

Profiting without owning a property and using Airbnb arbitrage when renting to traveling nurses

Moving every 12 months to get a lower down payment on new properties

Finding the “misfit” properties that make the BEST medium-term rentals

The best places to find medium-term tenants for your rental properties

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Calculators

Real Estate Rookie Facebook Group

Real Estate Rookie Podcast

Real Estate Rookie Youtube Channel

The Real Estate Podcast

Vrbo

Will Your Area Work for Medium-Term Rentals?

Zillow

Connect with David:

David's BiggerPockets Profile

David's Instagram

Check the full show notes here: https://www.biggerpockets.com/blog/rookie-273

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