Discover the shocking truth behind the explosive growth of midterm rentals! One entrepreneur's journey from escaping the corporate world to building a thriving business that's recession-proof. Learn the unexpected strategy that transformed a six-figure job into financial freedom and sustainable success. Find out how this laid-back, casual approach to hospitality could be the game-changer you've been searching for. Get ready to dive into the surprising world of midterm rentals and unlock the secrets to building a business that stands the test of time. Stay tuned for the eye-opening revelations ahead!

It's important for you to have a well rounded business, be well connected. And I hate to say it so cliche, but your network is your net worth. - Vivian Yip

In this episode, you will be able to:

• Discover the Key Strategies for Transitioning from Short-Term to Midterm Rentals and Maximize Your Property's Revenue Potential.
• Uncover the Hidden Benefits of Investing in Midterm Rentals and Create a More Sustainable Income Stream for Your Property.
• Learn Proven Strategies for Successful Direct Bookings in Rentals and Take Control of Your Property's Occupancy.
• Navigate the Complex World of Regulations in Short-Term and Midterm Rentals to Ensure Compliance and Peace of Mind.
• Implement Expert Furnishing Tips for Midterm Rental Properties to Attract Long-Term Guests and Enhance Property Value.

My very special guest this episode is Vivian Yip. Vivian is the founder of Hestia by Corporate Rentals USA, boasts an extensive corporate background, including a significant tenure at Apple, where she played a pivotal role in the launch of the iPhone twelve during the challenging times of the pandemic. Leveraging her expertise, Vivian has successfully transitioned into real estate investing, amassing a notable portfolio of nine properties in Austin, Texas. Her accidental foray into midterm rentals, prompted by the need to secure her revenue stream during the pandemic, has equipped her with invaluable insights into the nuances of this emerging trend. With a focus on furnishing tips, successful direct booking strategies, and adeptly navigating rental regulations, Vivian's expertise offers property owners a comprehensive guide to diversifying their revenue streams and embracing the opportunities presented by midterm rentals.

Connect with Vivian:

Instagram: https://www.instagram.com/vivianyip_official/

Tiktok: https://www.tiktok.com/@vivianyipofficial

The key moments in this episode are:

00:00:00 - Introduction and Background

00:03:47 - Exploring Midterm Rentals

00:09:17 - Unique Needs of Midterm Rental Guests

00:10:39 - Lead Generation for Midterm Rentals

00:13:28 - Community and Neighbors

00:14:21 - Challenges with Neighbors and Guests

00:15:22 - Advantages of Midterm Rentals

00:16:31 - Getting Started with Midterm Rentals

00:19:36 - The Hestia Brand and Future Trends

00:25:12 - Direct Booking Success and Business Stability

00:28:56 - Diversification is Key

00:29:13 - Gratitude and Links

00:29:29 - The Power of Midterm Rentals

00:29:52 - Inspiring Success Story

00:30:18 - Closing Remarks

FREE GUIDE: 10 Ways to Drive Guests to your Website instead of Airbnb: https://directbookingsuccess.com/10-ways-to-drive-guests-to-your-website-instead-of-airbnb/

Show notes are available at: