Exploring the Mid-Term Rental Strategy with Vivian Yip & Regan Sonnabend

What this episode covers

In this engaging episode, I’m thrilled to welcome Vivian Yip and Regan Sonnabend, who reveal why the mid-term rental strategy is a solid wealth-building opportunity. They provide valuable insights on how to effectively analyze mid-term rentals and also discuss how to navigate the challenges that come with mid-term rentals. Are you on the fence about rental strategies? Vivian and Regan offer their expert advice on positioning a property as a short-term rental, mid-term rental, or long-term rental. Vivian and Regan also share their fascinating story of how they met and have built a successful business together, The Hestia Brand- Corporate Rentals USA. Tune in and enjoy!  Inhaven Offer | Get $50 off your first order at inhaven.com/sister and use code SISTER Timestamps for the key highlights in the episode [02:34] Get to know our guests; Vivian Yip & Regan Sonnabend  [05:03] How Vivian & Regan met, and the business they share [06:03] How The Hestia Brand- Corporate Rentals USA evolved [08:55] The housing request process [10:12] Why the mid-term rental strategy is a good solid wealth-building strategy  [13:46] How to effectively analyze a mid-term rental  [16:51] Analyzing price and occupancy trends for the mid-term rentals using the PriceLabs market dashboard [18:40] Saturation in the mid-term rental space [21:16] The source of the housing requests for The Hestia Brand- Corporate Rentals USA [23:23] What are the requirements for a property owner to join the HESTIA family?  [25:54] Challenges in the mid-term rental space and how to navigate them [28:37] Their advice to a property owner who is unsure whether to position a property as a short-term rental, mid-term rental, or long-term rental [30:41] The lightning round [39:44] Connect with Vivian & Regan: https://www.instagram.com/corporaterentalsUSA/  Golden Nuggets Mid-term rentals should be located close to hospitals, highways, and major employers  “Quality creates loyalty.”  “The secret to doing well in mid-term rentals is having an open extended calendar.”   Enjoyed the show? Subscribe, Rate, Review, Like, and Share!   Let’s Connect! Follow Vivian & Regan on; Website: https://corporaterentalsusa.com/ Instagram: https://www.instagram.com/corporaterentalsUSA/ Linktr.ee: https://linktr.ee/vivianyip Follow Stacey St. John on; Website: https://staceystjohn.com/ Facebook: https://web.facebook.com/groups/911671659592801?_rdc=1&_rdr Fire link: https://lnk.to/z4iJAlgs

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