FF73 Tanishia’s 5 bedroom Mid-term Rentals & How Insurance Works From Claim To Placement

Today we talk with Tanishia Epps Spencer in Richmond, Virginia. Tanishia has participated in Jesse Vasquez, Al Williams & Pace Morby’s coaching groups and Tanishia is now coaching as well. She has 20+ years of experience in the insurance industry and will enlighten us today on three main topics- 5 bedroom mid-term rentals, creative financing and how insurance works from claim to placement.

In this episode we cover:
(Points organized in episode order)
- Tanishia’s journey to corporate housing
- Googled “how to buy houses without your own money”
- What does a successful whiteboard session look like?
- Do larger properties work on Furnished Finder across the nation?
- Understanding your client avatar
- The housing request feature on Furnished Finder is a game changer
- 5 bedroom home in NC for $6,000/mo
- 5 bedroom home in AZ for $8,500/mo
- 3 bedroom home in VA for $5,500/mo
- Larger home features to analyze:
- What is the home composition?
- Avoid high renter populations
- Look for high levels of homeowner population
- What are the demographics for family composition?
- Average # of children, percentage of couples
- Why Pace Morby’s group is worth the investment time and time again
- Jesse & Al’s groups were beneficial for proximity and knowledge
- It’s super important to network with other professionals in your space.
- Creative financing- how to buy properties without going to a bank
- Subject 2- taking over payments on someone else’s existing mortgage
- How to secure investors and keep them happy or ready for the next deal
- Use your resources:
- FurnishedFinder.com/stats
- Call other operators in your area
- Don’t have a scarcity mindset
- Not all designers are created equal, hear how Tanishia found the right fit
- The value of interviewing your guests


Insurance Process From Claim To Placement
(Starts at 31 minutes & 30 seconds)
- Know your coverage D
- The search for hotel or housing begins
- 99% of the time you are working with a hired 3rd party agency
- Make your best proposal
- Once you are approved, now the homeowner gets to say yes or no
- Why may someone say yes or no to your property for an insurance stay?
- How can Furnished Finder hosts be ready when an insurance request comes in?
- Have your questions ready & your processes in place!
- Tanishia’s #1 advice for your corporate housing systems
- Using the message templates on Furnished Finder
- Repeatable systems are the way to go
- Get started today on Furnished Finder with a “Coming Soon” headline & photos
- The benefit of having multiple properties on Furnished Finder


Website Links:
https://www.furnishedfinder.com/
https://www.keycheck.com/
https://www.furnishedfinder.com/stats
https://www.furnishedfinder.com/Resou...
https://www.travelnursehousing.com/

Tanishia’s Listings on Furnished Finder:
https://www.furnishedfinder.com/membe...
   / @tanishiaepps  
  / midtermrentalmastery  
  / thetanishiaepps  

Book References:
Rich Dad Poor Dad by Robert Kiyosaki
https://a.co/d/5g6PpIj
Long-Distance Real Estate Investing by David Greene
https://a.co/d/1rTEyiV

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