FF106 This 3 Part Business Model Helped IZEAL STAY Scale To 40+ Rentals In 5 Months

The Landlord Diaries

Welcome to The Landlord Diaries! In this episode, we sit down with Christine Xie and Katie French, two of the innovative founders behind IZEAL STAY, a modern, fully furnished corporate housing solution in Las Vegas. Operating over 40 properties for mid-term and short-term stays, IZEAL STAY is revolutionizing the rental market.

Episode Highlights:

0:00 Intro: Welcome to The Landlord Diaries

2:50 The Founding of IZEAL STAY: Discover the journey behind IZEAL STAY's inception.

4:20 Mid-Term Rental Arbitrage: Learn why this strategy is a game-changer in real estate investing.

6:25 The IZEAL STAY Portfolio: Explore their extensive and diverse property portfolio.

7:05 Three-Part Business Model: Uncover how their innovative approach attracts property owners.

8:55 Rapid Growth: How IZEAL STAY scaled impressively within the first 5 months.

10:10 Business Partnerships: Insights on scaling quickly with the right partners.

11:45 Social Media & Relationships: Katie French's expertise in social media and networking.

12:00 Financial Management: Eva's role as the finance guru and office manager.

12:10 Staging & Quality Assurance: Christine's expertise in client relations and property staging.

12:55 Valuable Partnerships: How Furnished Finder and KeyCheck have been pivotal to IZEAL STAY's success.

15:25 Data Insights: Leveraging Furnished Finder data for business growth.

19:50 New Arbitrage Partners: The appeal of mid-term rental clients.

21:50 Marketing Hubs: IZEAL STAY's leading mid-term rental marketing strategies.

24:10 Streamlined Booking: KeyCheck's role in simplifying the booking process.

26:25 Tenant Screenings: A round table discussion on best practices.

33:15 Design Expertise: Christine's experience in designing over 120 furnished rentals.

34:15 Hotel Market Demands: Using hotel trends as a guide for rental designs.

36:50 High-Touch Furnishing Items: Best practices for furnishing mid-term rentals.

40:40 Cleaning Tips: Spot cleaner advice from Katie and Kelly.

41:55 Security Deposits: Differences in deposit standards for mid-term versus long-term rentals.

43:55 Travel Industry Insights: Katie’s travel industry experience and its impact on mid-term rentals.

45:15 Popular Requests: Single-story homes as a favorite among tenants.

48:15 Networking Strategies: How networking contributed to IZEAL STAY’s rapid growth.

50:35 In-Person Networking Tips: Enhance your Furnished Finder marketing with these tips.

53:15 Marketing Essentials: Using QR codes and profiles for effective marketing.

Website Links:

https://www.furnishedfinder.com/

https://www.keycheck.com/

Our Furnishing Checklist:

https://www.furnishedfinder.com/blog/how-to-furnish-a-mid-term-rental

Izeal Stay Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=Rent2

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

The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.