Today we talk with California real estate investors, Vince Rodriguez & Andrew McCormick, founders & managing partners of AnVi Invest. These guys both have full time jobs, are hosts of the RE Social podcast and have over $10M+ Assets Under Management (AUM), 25 Doors, over 700k+ annual gross rents & over $1M+ total capital raised. Their desire for cashflow led AnVi to the mid-term rental strategy with 6 doors currently on Furnished Finder.

In this episode we cover:

0:00 Intro- Welcome to The Landlord Diaries

2:20 Andrew’s digital nomad trip to Mexico City

3:00 The RE Social recording studio

3:40 From musicians to real estate partners

4:30 Andrew & Vince current real estate goals

7:30 The AnVi Invest Portfolio

10:15 Why red/blue states & cash flow led AnVi to mid-term rentals

15:00 Solving the cash flow issue

20:25 AnVi’s mid-term rental portfolio

23:10 Shifting 9 properties from LTR or STR to MTR in 13 Months!

30:00 How to capture your TV best in professional photos

33:30 MTR buying & marketing practices

40:15 Pivot hard after 10x opportunities

42:45 AnVi Invest’s assets under management play book

50:10 Create a product so great that it spreads by word of mouth

53:05 What led to the RE Social podcast & meetups

Website Links:

https://www.furnishedfinder.com/

https://www.keycheck.com/

https://www.furnishedfinder.com/stats

https://www.furnishedfinder.com/Resources/PMResources

AnVi Invest Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=Andrew.McCormick

https://linktr.ee/anviinvest

IG: anviinvest

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.

Shelly & Justin Nupp are Knoxville, Tennessee, real estate investors that have experience with flips, one of which was featured on “First Time Flippers” Season 8, Episode 8. On properties they decide to keep, they embrace the mid-term rental strategy and typically aim for $1k per property in monthly cash flow. The Nupp’s have turned their passion into a booming business with two companies: “Centsible Designs” & “Restored Home & Design Co”. Stay tuned through the end of the episode for outstanding design tips in regards to accent walls & color application.

In this episode we cover:

0:00 Intro- Welcome to The Landlord Diaries

3:25 Shelly & Justin’s journey to mid-term rentals

5:10 How The Nupp’s decide if they will flip or keep a property for mid-term rentals

8:20 Why “quirky” properties can be great mid-term rentals

11:30 Justin & Shelly’s portfolio of mid-term rentals

13:35 The Nupp’s experience with Furnished Finder

15:45 Let’s talk about the profit side of mid-term rentals

17:35 Your mid-term rental toolbox

21:15 Next level welcome gifts for your guests

25:00 Asking for feedback at the end of your guest stay

26:55 Best tips for standing out on Furnished Finder

28:25 Ways to wow your guests with color pops & accent walls

29:20 First steps in planning an accent wall

33:25 How to choose the right color for your accent wall

35:35 Deep dive into the design on a couple of Shelly & Justin’s properties

40:15 Average cost, time & skill level needed for a nice accent wall

44:35 How to make BOLD COLORS work well together

48:45 Design, marketing & occupancy rates go hand in hand

49:55 Shelly’s celebrity appearance on First Time Flippers

55:30 2024 is your year for mid-term rentals!

Website Links:

https://www.furnishedfinder.com/

https://www.keycheck.com/

Justin & Shelly’s Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=shelly.Nupp

Lightroom Photo App

https://lightroom.adobe.com/


The Nupp’s Construction business: “Restored Home and Design Co.”

Shelly’s Design Business: Centsible Designs

www.centsibledesigns.com

Instagram: @centsible_designs and @restoredhomeanddesignco

Some of Shelly’s Lighting Options on Amazon!

https://a.co/d/i2WK7cY

https://a.co/d/2kmc11W

https://a.co/d/a22v5f2

Shelly’s Appearance on First Time Flippers

https://vimeo.com/894596834

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.

List your property today for one low annual price on FurnishedFinder.com

0:00 Landlord Diaries Intro

0:45 Step 1: Researching Mid-Term Rental Demand

2:10 How does Furnished Finder differ from other OTAs?

4:25 Step 2: Furnishing Your Property

8:25 Step 3: Start Marketing Your Property

8:35 You can start with “Furniture Coming Soon”

9:20 The Housing Request Feature, Matched & Unmatched Tenant Leads

11:10 Furnished Finder connects landlords and tenants

13:10 Use your Furnished Finder Landlord Profile As Your MTR Website

13:50 Step 4: Secure A Tenant w/ KeyCheck

14:30 Tenant Screening

15:55 State Specific Leases

16:30 Rent Payments

18:00 Step 5: Check In Process & House Rules

Website Links:

https://www.furnishedfinder.com/

https://www.keycheck.com/

https://www.furnishedfinder.com/stats

https://www.furnishedfinder.com/Resources/PMResources

Katie & Kelly's Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=katie.lyon8

https://www.furnishedfinder.com/members/profile?u=Kelly*|B.

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.