In this episode of the Canadian Real Estate 101 Podcast, we sit down with Aisha Govani, co-founder of Mid term Rental Properties, to explore the innovative world of midterm rentals. Aisha and her business partner, Sarah Larabi, have carved a niche in the rental industry by offering furnished rentals that cater to a specific clientele through a B2B model.
Key Points Discussed:
- Introduction to Mid term Rental Properties: Aisha shares the genesis of her business and its mission to provide quality furnished rentals for a minimum of one month to a diverse clientele including immigrants, entrepreneurs, and families in transition.
- Target Market and Clientele: Insight into the dual-client model focusing on property investors and guests, and how partnerships with various professionals like immigration lawyers and realtors enhance the service offered.
- Operational Model: Aisha outlines the process for property investors interested in partnering with Mid Term Rental Properties, emphasising the importance of fully furnished and accessorised homes, and the company's comprehensive marketing strategy.
- Challenges and Solutions: Discussion on navigating rental regulations, ensuring properties meet the high standards of their clientele, and the strategic avoidance of long-term tenant issues.
- Expansion and Future Goals: Aisha shares the exciting expansion of Mid term Rental Properties across Canada and internationally, highlighting the company's ambition to become a global provider of quality midterm rentals.
- Advice for Property Owners: Final thoughts on the benefits of midterm rentals as a flexible and profitable investment strategy, and an invitation for interested property owners to reach out for more information.
Website: midtermrentalproperties.com
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