124. Deal Deep-Dive: The Hidden Value of Medium-Term Rentals with Sarah Weaver
Manage episode 398547912 series 2853794
ABOUT SARAH WEAVER
Sarah Weaver is an author, speaker, coach, real estate investor, and business owner. Sarah runs three businesses that serve both real estate investors and real estate agents. She travels the country coaching real estate agents and hosting intimate retreats for investors. Talk about a dream life. Sarah owns 19 units in four states. This includes nine furnished rentals—all of which she self-manages from afar. Did we mention that Sarah is always traveling? She has traveled to 50 countries on six continents and has been fully nomadic since January 2019.
THIS TOPIC IN A NUTSHELL:
Sarah as author and speaker
Nomadic lifestyle
Her journey to MidTerm Rentals
Target clientele for MTRs
Why she loves MTRs
Her first few real estate investments
Other business ventures
Life experiences that made her a “Yes” person
About the Deal
Acquisition process
Unit mix, location, and financing
House hacking and capital improvements done
Turning units into MidTerm Rentals
Expenses and returns for this property
Tenant types for MTRs
Why people are looking for Medium Term Rentals
Vacancies and Turnover process
Property management and automation processes set up
Quitting her W2 job to become a full-time real estate investor
About Invested Adventures
Connect with Sarah
KEY QUOTE:
“Let's figure out this real estate thing because I'm telling you real estate is the vehicle to do the things that you want to do.”
SUMMARY OF BUSINESS:
Invested Adventures hosts epic events for real estate investors all over the world. Sarah takes investors on trips like hiking Patagonia and exploring Tanzania on an African Safari.
Arya Design Services helps investors analyze, furnish, and launch their furnished rentals nationwide.
The Sarah Weaver Mentorship Program serves investors looking to grow their portfolios no matter where they live.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
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CONNECT WITH SARAH WEAVER:
Website: https://www.sarahdweaver.com
Instagram: https://www.instagram.com/sarahdweaver
LinkedIn: https://www.linkedin.com/in/sarahdweaver
Facebook Personal: https://www.facebook.com/sarahdweaver
Facebook Business: https://www.facebook.com/sarahdweaverpage
Twitter: https://twitter.com/sarahdweaver
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
166 episodes