FF70 3 Bedroom MTRs, 6-10 Month Stays, Furnished Finder Algorithm & More w/ Daniel Saravia

The Landlord Diaries

Daniel Saravia was born in El Salvador, has lived in Lexington, Kentucky, for over 24 years now and quit his w2 in 2019 to pursue full time real estate investing. He and his wife have 4 kids that are very involved in the family real estate business as well. Their current portfolio includes 7 properties in total, 2 long term rentals and 5 mid term rentals, many of which are 3 bed, 2 bath homes.

In this episode we cover:

(Points organized in episode order)

• From immigrant to Lexington, KY
• Daniel’s portfolio- 5 MTRs & 2 LTRs
• Really think hard before you leave your w2, you can totally do both
• Daniel’s real estate was not affected by COVID
• Daniel’s medical travelers average 6-10 month stays
• Building equity through renovations
• Home run fixer uppers
• Securing renewals in your MTR rentals
• How your kids can be part of your real estate business
• Hiring the right CPA for real estate
• Using a line of credit to purchase multiple properties
• The value of unmatched Tenant Leads on Furnished Finder
• Daniel shocks his tenants with how quickly he responds
• Furnished Finder algorithm placement tips
• How you present your property affects your bookings
• What size gap do you like for your turnovers?
• Discounted hotels are a service to the landlords
• It’s not just travel nurses, relocation companies and even horse trainers use Furnished Finder

Daniel’s Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=Daniel.Saravia

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.