Pro Tips for Hosting an Out-of-State Mid-Term Rental Portfolio

Today’s expert guest is Sarah Weaver, co-author of the new MTR management book, 30 Day Stay. She joins the show to detail her amazing journey – around the world and back again – to Omaha, where she’s now grown roots as a trusted MTR hosting mentor, real estate investor, business coach, speaker, and global workshop leader.

Sarah is financially free and has leveraged mid-term rentals to design a life she loves. In this episode, we hear all about the beginning of her travels – managing her first property from Argentina and buying her second from Mexico – all the way through to her burgeoning empire in the American midwest (with a pandemic pitstop in New Zealand, of course).

Her wealth of experience and wisdom goes so much deeper than midterm rentals; steeped in the low-grade pressure cooker of solo female global travel and through work with her own mentors, her perspective on the world gives us so much to learn from.

(00:01:13) #STRShareSunday: @40th.and.fruit

• Highlighting local attractions and activities 
• Set up a unique Airbnb URL for your listing
• Power in replying to reviews – all of them!

(00:06:49) Sarah Weaver’s Worldwide Hosting Journey

• Teaching and working in South Korea and Germany 
• Learning money hacks to enable her travel 
• Setting up her first property by hand
• Managing it from Bueno Aires, Argentina 
• Buying and operating her second listing from Mexico

(00:17:10) Managing Rapid Growth in 2020/21

• De-emphasizing speed to savor the experience 
• Running three companies with six employees
• Bali to Malaysia to living in a van in New Zealand 
• Adding 12 doors in 92 days in Iowa 

(00:27:05) Shifting Strategy to Mid-Term Rentals 

• Introducing: The BRRRR-STR method
• The plan to target travel nurses as tenants 
• Communication expectations for MTRs
• Automated messages that seed extended stays 
• Hitting 97% occupancy in 2022
• Target events to run a hybrid model STR-MTR 
• Prioritizing safety for your guests 
• Sarah’s vetting process for MTR guests 
• One extra actionable tip for getting MTR bookings 

(00:46:58) Growing Roots in Omaha, Nebraska 

• Creating MTR coursework and mentorship 
• Grab Sarah’s book, 30 Day Stay, published by Bigger Pockets
• Writing a book on processes 
• Teaching mentees how to invest out of state 
• Who Not How by Dan Sullivan & Dr. Benjamin Hardy
• Launching a furnishing business: Arya Design Services
• Invested Adventures to foster micro communities

Download a transcript of this episode.

Resources:

• Visit thanksforvisiting.com/workshop to watch our Hosting Business Mastery Method workshop!
• Airbnb Essentials Checklist: hostchecklist.com
• Read: 30 Day Stay by Sarah Weaver & Zeona McIntyre
• Instagram: @sarahdweaver
• Furnishing services: Arya Design Services
• Investor retreats: Invested Adventures
• #STRShareSunday: @40th.and.fruit

#STRShareSunday

@40th.and.fruit

This Asia Town, Cleveland duplex beams with natural light in its eight inviting rooms, creating a warm and welcoming vibe. Renovated by architects, it mixes historic charm with modern touches like original wood floors and a well-stocked kitchen. Upstairs, find a bright, minimalist setting with new wood flooring. Outside, the shared backyard bursts with shade trees, fruit gardens, and seasonal flowers, offering a cozy escape all year round. Get ready to embrace history and comfort in this delightful urban haven. Congrats to Superhost Sarah for the Guest Favorite listing.

• Instagram: @40th.and.fruit
• Airbnb: Sunlit Urban Oasis | freshly furnished 1890 home

We would love to feature YOU, so don’t forget to use #STRShareSunday to get your chance!