Exploring the Mid-Term Rental Strategy with Vivian Yip & Regan Sonnabend

In this engaging episode, I’m thrilled to welcome Vivian Yip and Regan Sonnabend, who reveal why the mid-term rental strategy is a solid wealth-building opportunity. They provide valuable insights on how to effectively analyze mid-term rentals and also discuss how to navigate the challenges that come with mid-term rentals.

Are you on the fence about rental strategies? Vivian and Regan offer their expert advice on positioning a property as a short-term rental, mid-term rental, or long-term rental.

Vivian and Regan also share their fascinating story of how they met and have built a successful business together, The Hestia Brand- Corporate Rentals USA.

Tune in and enjoy! 

Inhaven Offer | Get $50 off your first order at inhaven.com/sister and use code SISTER

Timestamps for the key highlights in the episode

[02:34] Get to know our guests; Vivian Yip & Regan Sonnabend 

[05:03] How Vivian & Regan met, and the business they share

[06:03] How The Hestia Brand- Corporate Rentals USA evolved

[08:55] The housing request process

[10:12] Why the mid-term rental strategy is a good solid wealth-building strategy 

[13:46] How to effectively analyze a mid-term rental 

[16:51] Analyzing price and occupancy trends for the mid-term rentals using the PriceLabs market dashboard

[18:40] Saturation in the mid-term rental space

[21:16] The source of the housing requests for The Hestia Brand- Corporate Rentals USA

[23:23] What are the requirements for a property owner to join the HESTIA family? 

[25:54] Challenges in the mid-term rental space and how to navigate them

[28:37] Their advice to a property owner who is unsure whether to position a property as a short-term rental, mid-term rental, or long-term rental

[30:41] The lightning round

[39:44] Connect with Vivian & Regan: https://www.instagram.com/corporaterentalsUSA/ 

Golden Nuggets

• Mid-term rentals should be located close to hospitals, highways, and major employers 
• “Quality creates loyalty.” 
• “The secret to doing well in mid-term rentals is having an open extended calendar.” 

 Enjoyed the show? Subscribe, Rate, Review, Like, and Share!

Let’s Connect!

Follow Vivian & Regan on;

• Website: https://corporaterentalsusa.com/
• Instagram: https://www.instagram.com/corporaterentalsUSA/
• Linktr.ee: https://linktr.ee/vivianyip

Follow Stacey St. John on;

• Website: https://staceystjohn.com/
• Facebook: https://web.facebook.com/groups/911671659592801?_rdc=1&_rdr
• Fire link: https://lnk.to/z4iJAlgs