Ep 180 - Mid-term Rental Secrets with Ruben Kanya

Mike Reilly and Emanuele Pani sit down with Ruben Kanya to discuss the untapped potential of midterm rentals (MTR) and their advantage in the market. Ruben details his experience in the short-term rental sector, explains his transition to MTRs and why it can be an important strategy for real estate investors. Ruben delves into unique concepts such as calendar management for MTR properties, finding the right asset type, engaging with relocation specialists, and the significance of excellent communication skills. He also shares strategies on managing properties, creating duplicate listings, and pricing units based on home value. You don't want to miss this episode! To learn more about Mid-term Rental Secrets, visit https://go.strsecrets.com/mtrsecrets Ruben Kanya's Bio: Ruben Kanya is a midterm rental specialist and currently invests and manages midterm rentals with his wife and the team he built in Atlanta. He is a licensed realtor in Georgia and Massachusetts and has helped dozens of investors buy, furnish, and manage their short-term and midterm rentals in and out of state while helping host hundreds of families from across the globe. Connect with Ruben: https://www.instagram.com/therealestateexperiment/ 00:00 Introduction to Calendar Strategy 00:26 Meet the Hosts: Mike Sjogren and Emmanuel Connie 00:48 The Power of Short Term Rentals 01:09 Personal Updates and Excitement for the Show 02:09 Introducing Guest: Ruben 03:40 The Importance of Communication in Business 04:13 Welcoming Ruben to the Show 06:11 Ruben's Journey in Real Estate 08:46 The Importance of Proximity and Action 10:26 The Concept of Midterm Rentals (MTRs) 13:45 The Power of Relationships in MTRs 20:25 Managing Your Calendar for MTRs 26:17 The Importance of Real Estate Fundamentals 26:30 Choosing the Right Asset Type for Real Estate Investment 27:00 Increasing Your Chances of Success in Real Estate 27:18 The Sweet Spot in the Marketplace: Four to Five Bedrooms 27:32 The Challenges and Opportunities of Relocating Families 28:58 The Importance of Being Pet-Friendly and ADA Compliant 29:19 Understanding the Prevalence of Insurance Claims 30:28 The Role of Asset Type in Serving Displaced Families 31:00 The Impact of the Growing Short Term Rental Market 32:23 The Power of Corporate Housing in Midterm Rentals 34:29 Understanding Home Insurance Policies and Claims 46:08 The Importance of Communication in Midterm Rentals Connect with the Hosts Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin https://linktr.ee/mikesjogren Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin Watch Mike's free masterclass training on www.strsecrets.com/masterclass Learn more about your ad choices. Visit megaphone.fm/adchoices