A recent podcast with Tim Touchette of Stay Attache shared a unique business model that has been profitable for him and from which we can learn some lessons. Stay Attache provides unique temporary furnished housing in Washington D.C. His primary clients are business people in Washington DC.
To learn more about Stay Attache for temporary furnished housing in Washington D.C., take a look at this podcast at https://www.tgwipodcast.com/tim-touchette/ or call to speak to the Stay Attache team at 202-787-1885. You can also check out Stay Attache, at https://stayattache.com.
Tim Touchette is a Washington DC Real Estate professional whose focus is on furnished, monthly rentals of houses and condos in Washington DC. He has a passion for unique housing, innovative business systems, and bringing technology solutions to the Real Estate world. He started Attache Corporate Housing with 3 properties in 2001 and continues to seek out smart, exponential growth of the 300+ properties Attache represents.
Tim Discussed in the podcast:
- Tim’s business model, which involves renting furnished homes on a short term basis.
- Advantages of this business model
- How Tim got into this unique business
- Why he chose Washington DC
- How AirBNB and other STR businesses impacted Tim’s business
- How someone with a W2 can invest in this segment
- Risks of investing in this asset type
- How Tim got started investing
- What Tim thinks about the coming market correction
- A technology that makes Tim’s business easier