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

https://www.furnishedfinder.com/members/profile?

Text the hosts with questions or comments.

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.