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

[e-mail]

Text the hosts with questions or comments.

The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.