The Secret to Furnishing Mid-Term Rental Units on a Budget

Mid-term rentals (or medium-term rentals) are a creative cross between a long-term rental and a short-term rental. While guests in mid-term rentals tend to stay for at least thirty days (like a regular rental property), it’s up to the hosts to furnish the rental unit and often pay for utilities (like a short-term rental). Mid-term rentals are a great way to extract more cash from a rental property without the headache of constant turnover.

But what if you’re growing your real estate portfolio and don’t have a big chunk of change to drop on furnishing your rental unit? Well, if you’re in that position, you may be in the same place that Grace and Amelia are in right now. Both of these investors have been able to quickly repair, rehab, and furnish once long-term rentals and turn them into mid-term cash cows!

Today, they share some of their tips and real-life numbers when it comes to furnishing and rehabbing a mid-term rental property. This way, next time you run the numbers on your dream mid-term rental, you won’t have to worry about breaking the bank!

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Check Out Grace and Amelia’s Past Video on Mid-Term Rentals:
   • 70% Higher Rents with Mid-Term Rental...  
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Last Week’s Episode on the BRRRR Strategy:
   • The Infinite BRRRR Strategy Explained...  
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3 Reasons I Think Medium-Term Rentals Beat Short-Term:
https://www.biggerpockets.com/blog/re...
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Here’s Why Medium-Term Rentals Are Good First-Time Investments:
https://www.biggerpockets.com/blog/re...
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Awesomely Creative Ways to Furnish Your Short-Term Rentals on a Budget:
https://www.biggerpockets.com/blog/20...
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Connect with Amelia on BiggerPockets:
Amelia: https://www.biggerpockets.com/users/a...
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Follow Amelia and Grace on Instagram:
@ameliajorei or   / ameliajorei  
@grace.investing or   / grace.investing  

00:00 Setting Up Your Mid-Term Rental
00:54 Grace's Mid-Term Rental Numbers
02:17 Amelia's Mid-Term Rental Numbers
03:36 Rental Arbitraging
04:32 Tips for Getting Started with Mid-Term Rentals
05:48 The Mid-Term Rental Must-Haves