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In this video, Bailey Kramer introduces a strategy for finding mid-term rental properties in 2024, particularly focusing on finding deals by targeting properties that have been on the market for extended periods. Bailey suggests using platforms like Redfin and Zillow to filter for properties listed for more than 45, 60, 90, and even 180 days to identify potential deals. He explains that properties sitting on the market for a long time may not necessarily have issues but could be overpriced, leading to seller fatigue and an openness to lower offers. Kramer also discusses the importance of further filtering based on price and build year to narrow down the search. He recommends contacting realtors to learn more about the properties and suggests negotiating a lower price or creative financing options like seller financing. Bailey shares that this strategy helped him acquire his second mid-term rental property and believes it is even more effective in the current competitive market.

00:00 Introduction to Mid-Term Rental Investing
00:11 Step-by-Step Guide to Finding Deals
00:20 Analyzing Market Listings for Opportunities
01:12 Understanding Market Dynamics and Seller Motivation
01:49 Negotiation Strategies and Creative Financing
02:23 Applying Filters for Targeted Search
02:44 Engaging with Realtors and Making Offers
03:16 Conclusion and Strategy Effectiveness