What Should I Do With My 4-5 Bedroom Investment Properties In Today's Market? FF114

The Landlord Diaries

Welcome to The Landlord Diaries! In this episode, we dive deep into the profitable niche of mid-term rental insurance with real estate expert Ruben Kanya. With over a decade of experience and a portfolio controlling over 30 homes, Ruben reveals how he rents homes to families displaced by disasters at 4x the long-term market rate. From building a real estate portfolio to navigating insurance housing, Ruben shares game-changing strategies to optimize for mid-term rentals in today’s tight housing market.

Learn how Ruben’s buy box strategy helps him secure 4-5 bedroom homes, perfect for displaced families, and how data-driven decisions in mid-term rentals can significantly boost your ROI. Ruben’s “napkin math” example shows a displaced family in his area of Atlanta, GA, would likely have $86,000 available for housing which breaks down to $7,166/month for 12 months. (Catch this part of the conversation at 45 minutes.)

If you’re a real estate investor looking to maximize your rental income & leverage insurance contracts, tune in now!

In this episode we cover:

0:00 Intro- Welcome to The Landlord Diaries

3:50 The exciting mid-term rental insurance space

7:45 Hosting someone through disaster

9:10 Ruben’s real estate buy box or deal criteria

10:50 Don’t be a penny wise & a dollar foolish with tenant requests

11:55 There are SO MANY ways you can take an MTR

13:30 Insurance housing is more prevalent than you might think

15:45 The Invested Escapes Portfolio & Mastermind Training Program

17:30 Embracing market shortages with 4-5 bedroom homes

18:15 Imagine hotel life for a family of 5 with 2 dogs…

19:45 Half of the Furnished Finder supply is studios or 1 bedrooms

20:30 Data is all relative, do the math & see the value of MTR

22:35 Katie’s jump from 10-14 properties in months

24:25 Ruben's insurance corporate housing blueprint

29:05 Relocation specialists swipe quickly through Furnished Finder

30:35 STR/Airbnb hosts optimize for experience, MTR hosts optimize for functionality

32:25 MTR is an art, not a science. Brag about your functional amenities.

33:45 Optimize for MTR: 30 day notice to vacate & fill gaps w/ STR

37:25 When the STR/MTR hybrid strategy fails

38:35 National Gross Housing Margin: The calculated formula insurance companies use

39:45 Know Insurance Terms For Gross Profit Calculation: Coverage A & Coverage D

42:20 How to research 4-5 bedroom supply in your market

45:15 Ruben’s Insurance Napkin Math Example

• Purchase Price: $480k
• Atlanta Land Value- 10% on average
• Dwelling Value- $432k
• Loss of Use Value- $86k

51:05 B2B Contract Advice w/ relocation companies & arbitrage/partnership opportunites

55:00 Connect directly on Furnished Finder w/ no booking fees, no commissions, save thousands

Website Links:

https://www.furnishedfinder.com/

https://www.furnishedfinder.com/members/profile?u=Ruben.Kanya

Social: Ruben Kanya @therealestateexperiment

Text the hosts with questions or comments. Include your property ID # or email address.

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