The Hidden Benefits of Midterm Rentals: What Every Investor Should Know

Brett McCollum (00:01.27)
Alright guys, welcome back to the show. I’m your host Brett McCollum and I’m here today with Bonnie Low and today we’re going to be talking about midterm rentals. Before we do guys, at Investor Fuel we help real estate investors, service providers, and real estate entrepreneurs to 2 5x their businesses, allow them to build the businesses they’ve always wanted, and live the lives they’ve always dreamed of. Without further ado, Bonnie, how are ya?

Bonnie Low (00:23.906)
doing great. How are you?

Brett McCollum (00:25.606)
I’m doing good. for being here with me. It really good pre-show getting to know you a little bit catching up I’m excited for the show But before we get into everything and I know we’re gonna talk about a lot before we do. Can you do me a favor? Let’s back up Far as you want. Give me some context. Who is Bonnie low?

Bonnie Low (00:42.574)
So I’m a mom and a grandma.

Boy mom, three boys and three grandsons. So we’re all boys all the time around here. Started investing in 2016 with my husband at the time and built a, what I like to think of as a small but mighty real estate portfolio. really subscribe to that philosophy, small but mighty. wanted it to be something that was manageable, sustainable, would help us build legacy wealth for our family.

Brett McCollum (01:11.59)
Hmm.

Bonnie Low (01:16.028)
That’s what we set out to do. So, been doing it since 2016. Been involved in a lot of real estate transactions during that time. We started off flipping like a lot of people do. You know, this was the era of HGTV shows where everybody was watching. was pre-Chip and Joanna Gaines, but everybody was learning about how to flip properties. And in fact, the book that kind of changed my mindset about it, because I really didn’t, I thought it was for people who were very experienced, for wealthy people.

Brett McCollum (01:31.75)
Yeah.

Bonnie Low (01:45.79)
people, know, that type of thing, celebrities. But the book that kind of made it more relatable for me is one that I never ever hear anybody

and it was called Find It, Fix It, Flip It. And I believe it was by Michael Corbett, who was the host of an HGTV type show at the time on flipping properties, but he just laid it out in a format that the numbers made sense to me and I could visualize how we could do that as just normal people getting into the business. So we started out flipping some homes in our hometown area of far northern California. And then we quickly

Brett McCollum (02:03.632)
Yeah.

Bonnie Low (02:25.068)
I realized that flipping homes was great and all, then we didn’t have an asset when we were done. Really what we ended up with was a tax liability in terms of increased taxable income. so about that time we were learning about the burr method on bigger pockets. And so we shifted to doing some burrs. And post 2008 housing crisis, you were able to pick up properties that were

Brett McCollum (02:36.196)
Right.

Bonnie Low (02:54.638)
that allowed you to do what is called the perfect burr or to receive infinite returns on those properties. so basically we bought extremely distressed real estate, like red tagged properties. And because my husband had a sort of a construction background, it was very hands on, we took those properties down to the studs. I mean, in some cases down to just three remaining walls and then rebuilt them. They became the quintessential.

Brett McCollum (03:07.962)
Yeah.

Bonnie Low (03:24.592)
nicest home on the block. We took them from an eyesore of light on the community to make them a beautiful property and then we’re able to keep those as long-term rentals. So that’s kind how we built our portfolio. We did some bare land acquisition transactions but we really liked owning the property at the end of the day and we’ve done that. We’ve got a small portfolio with long

Brett McCollum (03:48.9)
Yeah.

Bonnie Low (03:54.464)
long-term rentals, midterm rentals, which is what we’re going to talk about later today. And then we’ve got one short-term rental, which is a story in and of itself if you want to go there in all of this. But generally speaking, I really like owning that tangible asset and in fact have shifted my focus primarily to the midterm rental space. And also, I am now a lender and

Brett McCollum (04:03.568)
Yeah.

Bonnie Low (04:22.222)
using my 401k which has been rolled over into a self-directed IRA so that I can be a private money lender as well. And so, I’m working both sides of the transactions both as an investor and as a lender.

Brett McCollum (04:31.226)
Yeah.

Bonnie Low (04:36.536)
helps me take the lessons that I’ve learned and apply them to other folks that I’d like to help out in this realm, both in terms of like mentorship and being able to bring some funding to support their deals as well. So that’s kind of where I’m at today in a nutshell.

Brett McCollum (04:53.402)
Very cool, yeah, that’s, man, there’s a lot to unpack there. Let me do this, let’s go back a little bit here. So pre-2016, what was work life like? What were you doing before real estate?

Bonnie Low (05:08.108)
Yeah, so I worked in local government for a long time. Can’t say I loved it. Then I went into, I did some consulting. I did a lot of grant writing. Worked for a non-profit for over a decade, a great company. I liked the people, I loved the company, I loved the mission, but it was never anything that I was passionate about. I’ve always been passionate about real estate. You talk about going way back.

When my husband and I were just dating, this is back in the 90s, we would drive around and look at property. One day we were dating, that was our idea of fun. And so it was something that was always really important to both of us and something that we wanted to get into. But when we started out, we were like lot of young couples. I worked for county government, didn’t make a whole lot of money. He owned a feed and farm supply store. We were always big in agriculture.

And that didn’t make any money, believe me. So there was nothing left over for us to think about investing with. And so our focus was really just on getting our own primary home for a long time. But we never lost that interest, that passion, that drive for real estate. We just kept educating ourselves until we got to the point where our…

personal and financial circumstances were a little more stable. We were a little bit older. We had some money to work with. And then, this is a story that I don’t often tell, but because we had been in agriculture for so long and we raised livestock, we actually sold a bunch of cattle and horses to buy our first property. We owned eight brood mares at the time, and we sold them all except for one.

Brett McCollum (06:51.181)
wow.

Bonnie Low (07:00.782)
to come up with a down payment on the first property that we ever bought. So that was kind of a fun story. Yeah.

Brett McCollum (07:03.746)
No way.

That’s really cool. All right, I have to ask the question then. How long did you have the cattle that you sold?

Bonnie Low (07:16.302)
think we’ve done our whole lives. Yeah, my husband and I were both in agriculture. I was in 4-H as a nine-year-old, know. He wasn’t as well. His story was he started off selling pet rocks in the 1980s. You’re probably too young to remember this, but that was a thing that like people bought pet rocks. And so he stood on the corner and he sold pet rocks for like a quarter a piece.

Brett McCollum (07:18.79)
Yeah.

Brett McCollum (07:22.464)
huh.

Brett McCollum (07:26.438)
it.

Bonnie Low (07:38.986)
made enough money doing that to buy a bunch of rabbits. Then he sold the rabbits and bought goats and then he sold the goats and he bought pigs and then he sold the pigs and he bought cattle and so that was how… and then we sold cattle and horses to buy horses. So yeah you could you could say that our investing journey began with a box of rocks literally.

Brett McCollum (07:47.248)
And then he’s told the cattle in the house says, at this.

Brett McCollum (07:57.776)
You guys are the farmer version of Monopoly, right? Yeah, that’s incredible. That’s really cool. That’s really cool. All right, so it’s 2016. You buy your first property. The first one, was it a flip, was it a rental, what was the first property?

Bonnie Low (08:01.934)
Pretty much. Always training up, yeah, for sure.

Bonnie Low (08:16.911)
Yeah, it was a flip. was property that had some flood damage. so, you know, it wasn’t a full gut, but it was pretty extensive. And we flipped it and, you know, staged it. We followed the flipping playbook, so to speak.

Brett McCollum (08:28.038)
.

Brett McCollum (08:38.532)
Yeah, that’s what I was going to ask you is how, so on your first slip, how did you know what to do and how to do it?

Bonnie Low (08:43.18)
Yeah, well, you know, again, my husband has always been involved in construction in one way or another. He worked for an industrial construction company, had done a ton of remodeling just in our own homes. And so it was pretty easy for us to look at it and assess it and have a firm background of what to expect. And it wasn’t…

You know, a lot of people struggle with how to price things, we, again, because we were so used to dealing with materials, um…

We didn’t have a lot of difficulty pricing it. He was very hands-on. He did a lot of the work himself. There were things that we subbed out like he would not touch electrical or plumbing and so we subbed those things out. you know we always made it a family affair. At the time my oldest son was working for a concrete company and so when we had to pour a back patio slab and some sidewalk work my son came and framed it and poured it and you know my other boys helped with it as well.

Brett McCollum (09:33.499)
Yeah.

Brett McCollum (09:39.578)
I love that.

Called him up. huh.

Bonnie Low (09:46.89)
kids out there helping with landscaping. They were learning to put up drywall, helping us remove the ancient linoleum from the floor that was glued down with the strongest glue on earth. Yeah, was a big job. It was big job, but we always involved all of them. So that’s really how we tackled it. It wasn’t scary. It wasn’t daunting. It just felt like a home project that we would have done at our own home.

Brett McCollum (09:59.172)
I bet that was their favorite job,

Brett McCollum (10:14.5)
Yeah.

Bonnie Low (10:16.93)
A lot of people get really freaked out about that first flip because you’re not really sure what you’re doing. But I think it was an area we were both really comfortable in.

Brett McCollum (10:21.776)
Sure.

Yeah, that’s incredible. Yeah, and I love the stories where it’s a whole, the whole family’s involved. my kids are still young. My oldest is 11. Okay. Right. And, but since they were, you know, little, as long as they can sit, as long as they can sit upright, you know what I mean? Like they’re driving at a minimum, they’re driving around looking at property with me, you know, and now I show them.

Bonnie Low (10:52.142)
I’m used to complain because whenever we go somewhere we’d be listening to real estate podcasts in the car and he’d be like mom no please can we listen to something else? But you know what he’s an investor today, so you’re welcome Tyler

Brett McCollum (10:55.119)
Thank

Brett McCollum (10:59.791)
Not another one, yeah.

Brett McCollum (11:06.072)
You’re welcome. Yeah, if you’re listening to this, Tyler, you’re welcome. Yeah, I’m going to make it. Tyler at the 11 minute and 13 second mark. Let’s rewind it and hopefully you listen to that again. Anyway, that’s funny. So yeah, I love that. So all right, you’re doing the year. It’s 2016. You’re starting to flip houses. You know, what did you guys start just doing the one house? Did you take down a bunch of like, how did the what was the process like back then?

Bonnie Low (11:33.102)
So we went from that first flip into a second flip. then that was right when the market was changing, right? So when we started, there were still a lot of foreclosures and short sales and REO, real estate owned properties, on the books. And so you could pick them up.

you know, fairly easily and the numbers worked. And then interest rates started dropping really precipitously and we got into those, you know, amazing interest rates that we all enjoyed for some time. But what that did was, you know, everybody jumped into the game, the property started to evaporate or the asking price really escalated because suddenly, you know, so many people were buying properties, even investment properties at those low interest rates. And so

thought you know what we need to shift our model a little bit that’s when we picked up some bare land we wanted to do some development on the bare land we ended up not doing the development on the bare land basically we were in a community that has an HOA they really

Brett McCollum (12:42.139)
Yeah.

Bonnie Low (12:45.24)
direct CCNRs for your development and for your actual construction type and it just made the numbers not pencil for an investment property. So we sold off the bare land.

And then that’s when we started doing the BRRRR method. So the buy, rehab, rent, refinance, repeat that Brandon Turner and the bigger pockets folks talk about. And that’s really what we stuck with. And we’ve done that ever since. So we acquired a few properties that way. We actually really liked the ADU model, which, you know, accessory dwelling unit model. And that’s something that we have looked

Brett McCollum (13:14.64)
Yeah.

Bonnie Low (13:28.648)
and targeted in our business when we were building our portfolio. ADUs are really common on the west coast, not so much the rest of the country I have found. But basically we would look for a property that had a main home and then had a secondary area that could be converted to additional living space. And so in most cases it would be like a detached garage or a studio or a shop.

Brett McCollum (13:57.338)
Yeah.

Bonnie Low (13:58.574)
Or something like that that could be converted into a secondary living space We did that initially just thinking like we’re gonna rehab both of these things and we’re gonna get you know Two rental units out of one acquisition right out of one property. That was original originally our thought But somewhere during this time, you know short-term rentals became the shiny object and everybody was talking about how you could really accelerate your you know, your net worth

Brett McCollum (14:11.887)
Right.

Bonnie Low (14:27.224)
growth with

with short-term rentals and you could juice your cash flow with short-term rentals and then if you were high W-2 earners, which we were at the time, you could offset a lot of your income with the tax advantages of short-term rentals. So we’re like, maybe we should add one of those to our portfolio. So we started looking for short-term rentals, but it did feel like a big pivot from what we were used to, being landlords with long-term rentals and focusing on the

Brett McCollum (14:55.386)
Right.

Bonnie Low (14:58.928)
you know, rehab portion of the projects. And so we decided, and it was just like, you know, serendipity, I guess, we decided to take one of our properties with an ABU that we were in the middle of rehabbing. And I said, you know, what if we just dabbled in this midterm rental space? I mean, it’s a furnished rental, right? It’s a lot like a short-term rental. You have to deal with guests. You have more frequent turnover. Before we drop a bunch of money into a

Brett McCollum (15:19.536)
Sure.

Bonnie Low (15:28.848)
short-term rental halfway across the country or all the way across the country, let’s dabble in the midterm space in our own backyard and let’s convert one of our ADU units to a midterm and that’s what we did and that’s what got us started in midterms. I figured like in a worst-case scenario it doesn’t work out and we sell all of the furniture and furnishings that we bought on Facebook Marketplace. That was really the theme of our plan.

Brett McCollum (15:37.466)
Yeah.

Brett McCollum (15:52.485)
Right.

Bonnie Low (15:56.148)
out phenomenally and we just love the midterm rental model and so we’ve done you know continued to do more of that and then just really in the process of trying to really learn at the time what midterms were about there was not a lot of information out there like nobody was talking about midterms and even today a lot of people are not talking about midterms

I started to do a bunch of research and try to figure out like how would we do this? How do we set it up? How do we anticipate what the revenue is going to be? How do we do our underwriting? What kind of tools and systems do I need to manage guests and you know just all of those things? A lot of that is very similar to what you would do for a short-term rental but of course we hadn’t done a short-term rental yet. So it just felt less risky to experiment with a small one-bedroom one-bath unit in our hometown and put it out there as a midterm rental.

Brett McCollum (16:42.511)
Right.

Bonnie Low (16:51.296)
than to go all in on a short-term rental acquisition. But in the process of researching, like, how does this midterm rental thing work, I kind of heard about it almost like a buzzword. I couldn’t find much information. I mean, I searched YouTube, you know, the internet, podcasts, and I remember there was this one podcast I listened to with this gal from Atlanta, Georgia, who was doing midterm rentals, and she was really targeting the movie industry.

Brett McCollum (16:53.818)
That’s right.

Brett McCollum (17:05.283)
Thank

Brett McCollum (17:18.201)
Okay.

Bonnie Low (17:19.598)
was like, this makes a ton of sense. And that was the most information I was able to gather at the time on midterm rentals. And I was like, this was like, this would have been like 2019, I think. So, you know, not that long ago, really. And I, my husband at one point said to me, he goes, you know, you’re doing all of this research on midterm rentals and you’re a writer. I think I mentioned, you know, I had been a grant writer.

Brett McCollum (17:25.626)
Yeah, and this is when.

Brett McCollum (17:32.72)
Okay.

Bonnie Low (17:49.048)
He’s like, why don’t you write a book on this topic? Why don’t you write a book on midterm rentals? And I was like, you know, maybe I’ll do that. And so I started writing it, developing my manuscript. And part of what I was doing was interviewing people who were starting to come on the scene in the midterm rental space.

Brett McCollum (18:07.109)
Yeah.

Bonnie Low (18:07.502)
Lo and behold the first person that I reached out to interview with Sarah D Weaver and you might know her because she is very famous in the midterm rental space and she along with Ziana McIntyre wrote the book 30 day stay which is published by Bigger pockets, but they hadn’t written the book at the time or they hadn’t published time So I said Sarah Thank you for meeting with me and and allowing me to interview you for this book that I’m writing on midterm rentals and she says

Brett McCollum (18:27.258)
Blah blah.

Bonnie Low (18:37.506)
more than happy to be interviewed for your book. really appreciate you said the full disclosure. have to tell you I just wrote a book on midterm rentals and it’s going to be published next month by Big Bear Pocket.

Brett McCollum (18:51.213)
No way.

Bonnie Low (18:52.706)
Yeah, so I was just like instantly deflated and I thought, shoot, well somebody has already beat me to the punch. And in true Sarah fashion, she said, you know what? You should write your book anyway. Because hearing what you’re gonna write about and the way you plan to build this book is very different than what we wrote. And I believe that the universe…

Brett McCollum (19:04.262)
Yeah.

Bonnie Low (19:16.578)
wants abundance. And there is room for more information for people in this space and you should do it.

Brett McCollum (19:24.742)
I love it.

Bonnie Low (19:26.382)
it too and I just thought oh my gosh how incredibly gracious of her first to be totally transparent about it and then to be so open and encouraging and I’ll never I’ll never forget that it was the sweetest thing and it meant so much to me at the time and so I went ahead and you know continued working on the book and I’m trying to put the finishing touches on it today because there still is not a lot available information about the midterm rental space.

Brett McCollum (19:31.497)
you

Brett McCollum (19:52.581)
Right.

Bonnie Low (19:56.43)
So yeah, that’s kind of how we transition from focus on being long-term rental landlords, which we still have in our portfolio, to kind of shifting our focus more to midterm rentals.

Brett McCollum (20:08.55)
Yeah, all right, I wanna back up a smidge here. Still in the midterm rental space, okay? For the audience, because it is not something we hear a lot about every day, we’ve all heard of it at this point, but maybe not some of the finer details. Could you maybe high level it for me? Let’s start off from a, let’s do a format of like what it is, you know, that 30 day stay, you know, to have her uncle, what do you qualify as a midterm rental? Maybe some of the, and then maybe two or three.

know, touch points as far as like benefits. And then we’ll also, it would be wise of us to talk about some like, hey, some pitfalls to avoid too. Yeah.

Bonnie Low (20:47.082)
Sure, Yeah, so I mean just real simply a midterm rental is a furnished rental that is a 30 plus day stay

It operates like a hybrid between a long-term and a short-term. When we think of short-term rentals, we think of a hospitality type situation. People are going on vacation, you’re providing a hospitality experience. With a long-term rental, they’re not furnished and really nobody’s concerned about the hospitality aspect in the long-term rental world. But midterms sit right in between that. Your guests are booking for 30 plus days. They not only expect a beautiful curated

property they are expecting that hospitality aspect to your service for them and so that’s what really makes midterm rentals unique. In terms of benefits

Brett McCollum (21:32.368)
Hmm.

Bonnie Low (21:41.976)
for a long-term rental property. Like when we’re doing our underwriting on a midterm rental to see if the numbers make sense, it’s a rule of thumb. And I will just caveat that by saying the world of midterm rentals is extremely broad. You have everything from what most people think of a midterm rental of being like travel nurse housing. That became very popular during COVID.

was all in the news. But that’s just one niche within midterm rentals. You’ve got everything from a small studio or one bedroom, one bath unit that are ideal for the single travel nurse or travel medical professionals, all the way up to luxury properties that are being booked for.

know, corporate housing, could be insurance placement properties like if a family sustained some type of major damage at their property and their insurance will look for a place to put them in the meantime while their property is being, you know.

There are just so many uses for midterm rentals So what I tell people is like when you’re doing your underwriting It’s a good rule of thumb to use one and a half to 2x long term rents as your projected income Depending on the type of property and your sort of your guest avatar if you will or the the market niche that you’re Serving with your particular property, so you have the opportunity to take a property that you know

Brett McCollum (22:55.835)
Yeah.

Bonnie Low (23:13.494)
rent on average as a long term and kind of juice your returns for that. In return for the additional rents, know, there is the expectation that you furnish the property and there is the expectation that you are managing turnovers, providing cleaning, know, paying for the utilities. Those types of things are usually included in most of your midterm rental

properties, but you have the higher returns as well. People also really like it as an alternative to short-term rental for a couple of reasons. One, it’s a lot less wear and tear and guest turnover. And if you’ve been a short-term rental host for a while, you could be pretty exhausted by both of those things. Mid-term rental is a little more stable, fewer guests going in and out of your property, less wear and tear on your property and your furnishings.

But the other reason people like it is you tend to get a very high quality of guest in your midterm rentals if you’re doing proper guest vetting. So there’s some real advantages to it.

Brett McCollum (24:21.126)
love it, yeah.

Bonnie Low (24:21.134)
As much as we talk about it like it’s a new thing, if you think about like a boarding house, we all think back like the 1800s, right? And there was the boarding house that, you know, people rented rooms by the room. That’s kind of the origin of a midterm rental. It’s just a more sophisticated model today than it was originally.

Brett McCollum (24:41.87)
Yeah, man, that’s really cool. you guys started doing these midterm rentals roughly, was it 2019 or was it a little bit before? Yeah, so you guys had a sweet run timeframe, right? So you had that low interest rate period where you were able to get in to do that. How is the midterm rental market performing in today’s market?

Bonnie Low (24:49.678)
was about 2019, yeah.

Bonnie Low (24:56.6)
Yeah.

Bonnie Low (25:09.166)
So like I said, midterm rental space is super broad. And so it’s really market by market, right? It’s hard to say overall how it’s performing. But what I will say is that it has changed. It has evolved so rapidly just in the few years that we’ve been doing it. There are…

The places where you list your midterm rental property, you can look at them just like you can look at short-term rental listing sites. And even just a couple of years ago, most properties kind of looked like your grandma’s extra bedroom. In terms of the furnishings and the amenities, it was all secondhand. People were just renting out a room in their house. It was essentially a midterm rental. That has completely changed. Completely changed.

Brett McCollum (25:47.942)
Mmm.

Bonnie Low (26:03.968)
evolved so rapidly and become much more professional, much more on par with the short-term rental space in terms of the furnishings and the amenities and the professional photography and the systems that people are using to manage their properties. So all of that has changed really dramatically in a short amount of time. A lot of that is driven by the change in short-term rental regulations.

you know, most people are familiar with cities that are, you banning or restricting short-term rentals. Well, a lot of those folks, you know, they have a furnished property already. They have the systems in place to manage guest communications and turnovers and everything else. It’s a very easy pivot to make with a short-term rental to move it to the midterm rental space. You need to understand leasing for your state. You need to understand how to vet and background check your guests. And you need to set up some type of a rent

Brett McCollum (26:29.008)
Yeah, for sure.

Bonnie Low (26:58.48)
collection system because those platforms do all of that for you and that didn’t exist in the midterm rental space until fairly recently. So that’s really what you have to do to be able to pivot but…

those sort of professional operators in the short-term rental space have moved to midterm rentals and they’ve really up-leveled it in a short amount of time. So the markets, because they’re bringing so many different types of properties into the midterm space, I’m not seeing a lot of market saturation for midterm rentals if you have an excellent property, but we are seeing

different markets known for different things. And so it’s really important that you know the market that you’re going into, whether you’re going to buy or you already have a property that you’re trying to put into that market.

Brett McCollum (27:47.974)
Bye.

Brett McCollum (27:53.968)
Good, that’s good information there. Question, you’ve been running and doing this, you know, what’s next for you guys? What are you looking forward to?

Bonnie Low (28:04.46)
Yeah, so I mentioned to you earlier that this has been a season of a lot of change for me. I’ve talked a lot about my husband investing with him and we lost him last year. He had been ill for about a year and…

Fortunately because of the real estate portfolio that we had built together I was able to leave my W-2 job to be his caregiver during that time and I chose not to go back to the workforce and instead

you know, in many ways to honor him, but to honor myself as well and be able to do something that I feel really passionate about. I’ve shifted gears quite a bit and had to take stock of what I really love, what I want to do with the rest of my life, where I want to be. So I moved from California, which is where we’ve lived all of our lives, to North Carolina. That happens to be where our short-term rental is and that’s…

I moved here two weeks before Hurricane Helene hit this area. So it’s been kind of crazy, but restarting this journey without him, I really needed to focus on what I know, what I’m comfortable with, and what I love. I’m still investing and I feel like I have the skill set to continue flipping properties, to continue developing my midterm rental portfolio. I’m just focused on a different area.

Brett McCollum (29:14.996)
man.

Brett McCollum (29:25.328)
Yeah.

Bonnie Low (29:39.906)
focused on the East Coast instead of on the West Coast. Still own all my properties on the West Coast.

always wanted to be a lender. I find financing fascinating and it’s the grease that makes the gears turn in real estate, right? And so it always felt like a very, you know, kind of like a mysterious process. You give your lender every document that you possess and you cross your fingers for 30 plus days and hope that, you know, you get to the closing table and you don’t really understand what’s happening in the background.

Brett McCollum (30:16.614)
Right.

Bonnie Low (30:16.736)
And I knew that if I could just sort of peek behind the curtain and be a part of it, I would understand financing better. I would be able to use financing more creatively and more profitably, quite frankly, if I better understood the mechanisms. And so I…

partnered with a colleague of mine, have brokerage, I’m focusing very much on two things right now. I’m focusing on my lending business, both hard money and private money, and I’m focused on continuing to educate and mentor people in the midterm rental space. So that’s really, you know, I’ll always pick up a deal. If it’s a good deal, I…

Brett McCollum (30:58.31)
Nice, yeah.

Bonnie Low (31:04.066)
deals all the time for myself. Like most of us, my phone scrolling is looking at Realtor.com and Zillow listings. That’s never going to change. But what I’m personally doing and what I feel like is right for this point in my life is focusing on these other strategies as well. Yeah.

Brett McCollum (31:26.128)
Sure, I love that. This is a lot of information unpacked, so I encourage you guys to, if you’re listening, go back, know, re-listen to it, especially when you’re talking on the high level about the midterm rental space, but I appreciate you sharing your insight and your knowledge on that. If you wanna reach out to you, you know, kinda connect and get to know you a little bit more, what’s the best way for that to happen?

Bonnie Low (31:49.87)
The best way is just email. It’s my name Bonnie, B.O.N. and I.

at findcapital.com and that’s f y n d capital.com. If you’re interested in midterm rentals and would like to be part of the MTR Connect which is our midterm rental group. We have a Facebook page but where people are most active is in the weekly meetings. We meet every Friday noon Eastern time and reach out to me with an email and say hey I’d like to join your group and I’ll add you to our distribution. It’s a great place to come when you need support.

Brett McCollum (32:12.603)
Yeah.

Bonnie Low (32:23.728)
when you need to troubleshoot your listing, you’re sourcing a resource, if you want to refer some of your guests because they’re moving on to another area and you want to kind of hand them off to the next host. We do a lot of that inside our group. So it’s a great space for people who are interested in midterm rentals, whether you’re just getting started or you’re very experienced midterm rental host. Yeah.

Brett McCollum (32:24.038)
again.

Brett McCollum (32:48.217)
Yeah, oh yeah that guys I will put those all that information by and we’ll put it in the show nuts for everybody to connect with and guys I really strongly encourage you to connect there and and and do that especially if you even remotely considering Hopefully I’m not stepping out of line by need to say this if you’re remotely considering the the MTR space I think a place like that for you guys to connect both on the Facebook page and on the on those meetings would be a great place to sit in on and just

you know, see if this is something you should do. I fully support it. think it’s phenomenal what you’ve done. So, you guys, make sure you do that. But, Bonnie, thanks again for being with me today and hanging out and getting to know you a little bit. I appreciate your time.

Bonnie Low (33:22.606)
Yeah.

Bonnie Low (33:29.166)
Yeah, I appreciate you. Thank you so much.

Brett McCollum (33:31.674)
Yeah, all right, well hey guys, again, thanks for hanging out with us, spending your time as well, and we will see each of you on the next episode. Take care, everybody.

Bonnie Low (33:39.502)
Bye bye.