POPULARITY
Today, we've got a special guest in the house – the one and only Madeline Blom. Madeline isn't just any real estate expert; she's a seasoned STR Realtor and Investor who's been through it all. She's here to spill the beans on her journey into the captivating world of short-term rentals and how her adventures in investing have completely transformed the way she serves her real estate investor clients, all in the breathtaking backdrop of the Smoky Mountains. Madeline's got some golden nuggets of wisdom to share, too! We chat it up about the importance of partnering with a real estate agent or realtor who truly gets the ins and outs of the short-term rental game. She shares her perspective on the potential pitfalls of working with an agent who's not quite up to speed in this niche and arms you with some smart questions to ask potential agents, so you can be sure they're the real deal. Madeline's also a pro at managing properties across not one, not two, but four different markets! Curious how she does it? Well, she'll share her secrets on staying proactive and keeping that positive mindset when faced with challenges. Grab your favorite beverage, get comfy, and let's dive into Madeline's incredible journey and insights. It's an episode you won't want to miss! Hostfully | $200 off your PMP subscription + 6 months of premium guidebooks for FREE Key highlights in the episode [02:34] A short bio of our guest, Madeline Blom [03:06] How Madeline discovered the short-term rental space [05:00] How Madeline's short-term rental investment experience has impacted how she serves real estate investor clients in the Smoky Mountains [07:25] The challenges of working with a real estate agent or realtor who is not experienced in the short-term rental space [10:38] Types of questions to ask an agent to determine their legitimacy and expertise in the field [15:44] Madeline's experience with self-managing properties in four different markets and how she navigates the challenges she encounters [21:47] The differences in property management across various markets [25:59] A glimpse into Madeline's typical day as she balances her family life with her career as a real estate agent and STR host [29:05] Advice for anyone struggling to balance between family and STR investment [32:55] The mantra that transformed Madeline's life [34:32] The Lightning Round [38:35] Best way to connect with Madeline Blom: https://web.facebook.com/madeline.torresblom Golden Nuggets When managing a property, be proactive in seeking the resources that you need “If you always do what you've always done, you will always be who you've always been.” “You can do whatever it is that you want to do if you set your mind to it.” Don't forget to Subscribe, Rate, Review, Like, and Share! Resources Mentioned 1. Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties: https://bit.ly/41j1Q1S Let's Connect! Follow Madeline Blom on: Facebook: https://web.facebook.com/madeline.torresblom Instagram: https://www.instagram.com/madeline_blom/ Follow Stacey St. John on; Website: https://staceystjohn.com/ Facebook: https://web.facebook.com/groups/911671659592801?_rdc=1&_rdr Fire link: https://lnk.to/z4iJAlgs
Curious about whether your Airbnb host pockets the cleaning fee? Join Cleanfluencer Angela Brown as she reveals the truth behind this concern. Engage with real stories and expert insights as she explores the dynamics between guests and hosts, shedding light on the cleaning fee and what it covers. Gain valuable knowledge to navigate the world of short-term rentals and ensure a transparent and satisfying Airbnb experience. Tune in weekly for the latest cleaning tips and strategies, including best practices for turnover cleaning, move-in, move-out, make-ready, and end-of-tenancy cleaning. Angela is also the founder of Savvy Cleaner Training and Certification, available in 191 languages and popular in 37 countries, helping cleaners improve their skills and service worldwide. Don't miss out on this valuable resource for all your cleaning needs, whether it's hotel cleaning, housekeeping, maid service, deep cleaning, spring cleaning, regular cleaning, one-time cleaning, emergency cleaning, post-construction cleaning, post-renovation cleaning, or office cleaning. Join Angela and her community of dedicated property cleaning experts today! HOST POCKETS THE CLEANING FEE CHAPTERS ------------------ 0:00 - How do I know if the host is cleaning or pocketing my fee? 0:35 - How crucial are ratings and reviews for the success of an Airbnb host? 0:55 - How do ratings and reviews serve as social proof for potential guests? 1:29 - Is it fair for Airbnb hosts to pocket the cleaning fee if they do the cleaning themselves? 1:43 - What does it mean for an Airbnb host to pay a living wage to their help? 2:01 - How do the undercutting and paying workers under the table relate to the cleaning fee? 2:30 - How does the cleanliness of an Airbnb property directly impact the host's success? RESOURCES ------------------ AirBnb VRBO Short Term Rentals (STR) 5 Star Rating Explanation Magnet - https://amzn.to/3MTQVrk Airbnb Business, Updated Edition: How to Start Your Highly Profitable - https://amzn.to/3OAVdoN Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying.. - https://amzn.to/3OKkoFz LLC Beginner's Guide, Updated Edition: The Most Complete... – https://amzn.to/3WAyyuG LLC Beginner's Guide for Aspiring Entrepreneurs: How to Start a Small Business, ... - https://amzn.to/3WyuA5K * When available, we use affiliate links, and as Amazon Associates, we earn on qualifying purchases. SOCIAL MEDIA --------------- *** CONNECT WITH ANGELA ON SOCIAL MEDIA *** YouTube: https://www.youtube.com/@AskAngelaBrown Facebook: https://www.Facebook.com/AskAngelaBrown Twitter: https://Twitter.com/AskAngelaBrown Instagram: https://instagram.com/AskAngelaBrown Pinterest: https://Pinterest.com/AskAngelaBrown Reddit: https://Pinterest.com/AskAngelaBrown Linkedin: https://www.linkedin.com/in/AskAngelaBrown TikTok: https://www.tiktok.com/@askangelabrown Store: https://www.amazon.com/shop/AngelaBrown URL: https://AngelaBrown.com NEED MORE HELP? ------------------- VRBO AIRBNB CLEANING – Cleaning tips and strategies for your short-term rental https://TurnoverCleaningTips.com VRBO Cleaning Support Group - https://svy.tips/FBGroup-Airbnb SPONSORSHIPS & BRANDS ------------------- Today's #TurnoverCleaningTips are sponsored by #RealtySuccess in association with #SavvyCleaner, and your host is #AngelaBrown - https://g.page/r/CbMI6YFuLU2GEBI/review *** ADVERTISE WITH US *** We do work with sponsors and brands. If you are interested in working with us and you have a product or service that makes sense for the Airbnb, Vacation Rental, Short-Term Rental, or House Hacking space, here's how to work with us -https://savvycleaner.com/brand-deals *** SAVVY CLEANER BRANDS *** SAVVY CLEANER - House Cleaner Training and Certification – https://savvycleaner.com/join VRBO AIRBNB CLEANING – Cleaning tips and strategies for your short-term rental https://TurnoverCleaningTips.com FUNNY CLEANING SHIRTS – Incentive and thank-you gifts for house cleaners and maids. https://FunnyCleaningShirts.com HOARDING WORLD - Helping you change your relationship with stuff https://HoardingWorld.com CREDITS -------------------------- Show Produced by: Savvy Cleaner: https://savvycleaner.com Show Host: Angela Brown Show Editors: Kristin Ochsner & PJ Barnes Show Producer: Jenifer V. Holland #HostPockets #CleaningFeeTruth #AirbnbInsights #NotCleaningScandal #FeeAllocation #ShortTermRentals #TransparencyMatters #AirbnbHosts #Cleaners #Guests #FinancialPractices #Accountability #CleaningStandards #HostsProfit #CleaningService #FeeDilemma #Insights #BestPractices #AirbnbExperiences #PocketingTheFee #CleaningResponsibilities #FinancialTransparency #MoneyManagement #AirbnbCleaning #VacationRentalCleaning #DIYCleaning #CleaningServices #CleaningTips #CleaningRoutine #VRBOCleaning #GuestReady #CleanInfluencer #CleaningStrategies #CleaningCosts #CleaningHacks #CleaningChecklist
As a short-term vacation rental cleaner, you may ask, is the Airbnb Cleaning Fee Mine? Join Cleanfluencer Angela Brown as she sheds light on the distribution of cleaning fees. She addresses a common concern raised by a cleaner who receives only half the hefty cleaning fee charged to guests. Is this legal? What's the solution? Angela reveals that the distribution of the cleaning fee depends on the tasks it covers. Additional responsibilities might reduce the amount paid to cleaners. She emphasizes the importance of clear communication between hosts and cleaners, encouraging open discussions about fee breakdowns and the division of tasks. By fostering a strong partnership, both parties can ensure fairness and work together to provide excellent guest experiences. Tune in to gain valuable insights and discover how to navigate this aspect of the Airbnb business effectively. IS THE AIRBNB CLEANING FEE MINE CHAPTERS ------------------ 0:00 - Is it legal for a cleaner to receive only half of the hefty cleaning fee charged to guests? 0:32 - What factors determine the distribution of the Airbnb cleaning fee? 0:58 - Are cleaners expected to handle additional tasks like laundry and restocking? 1:44 - How can cleaners negotiate to receive a more significant portion of the cleaning fee? 2:21 - What are the advantages of outsourcing laundry and linens to a service? 2:43 - How can clear communication between hosts and cleaners lead to better earnings and responsibilities? 2:55 - What role does the fair division of tasks play in maintaining a solid partnership between hosts and cleaners? 3:15 - What are some examples of situations where cleaners go above and beyond their regular duties? 3:43 - What are the benefits of a collaborative approach between hosts and cleaners in running a successful Airbnb business? 3:56 - How can a cleaner ensure they are not being cheated out of their fair share of the cleaning fee? RESOURCES ------------------ AirBnb VRBO Short Term Rentals (STR) 5 Star Rating Explanation Magnet - https://amzn.to/3MTQVrk Airbnb Business, Updated Edition: How to Start Your Highly Profitable - https://amzn.to/3OAVdoN Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying.. - https://amzn.to/3OKkoFz LLC Beginner's Guide, Updated Edition: The Most Complete... – https://amzn.to/3WAyyuG LLC Beginner's Guide for Aspiring Entrepreneurs: How to Start a Small Business, ... - https://amzn.to/3WyuA5K * When available, we use affiliate links, and as Amazon Associates, we earn on qualifying purchases. SOCIAL MEDIA --------------- *** CONNECT WITH ANGELA ON SOCIAL MEDIA *** YouTube: https://www.youtube.com/@AskAngelaBrown Facebook: https://www.Facebook.com/AskAngelaBrown Twitter: https://Twitter.com/AskAngelaBrown Instagram: https://instagram.com/AskAngelaBrown Pinterest: https://Pinterest.com/AskAngelaBrown Reddit: https://Pinterest.com/AskAngelaBrown Linkedin: https://www.linkedin.com/in/AskAngelaBrown TikTok: https://www.tiktok.com/@askangelabrown Store: https://www.amazon.com/shop/AngelaBrown URL: https://AngelaBrown.com NEED MORE HELP? ------------------- VRBO AIRBNB CLEANING – Cleaning tips and strategies for your short-term rental https://TurnoverCleaningTips.com VRBO Cleaning Support Group - https://svy.tips/FBGroup-Airbnb SPONSORSHIPS & BRANDS ------------------- Today's #TurnoverCleaningTips are sponsored by #RealtySuccess in association with #SavvyCleaner, and your host is #AngelaBrown - https://g.page/r/CbMI6YFuLU2GEBI/review *** ADVERTISE WITH US *** We do work with sponsors and brands. If you are interested in working with us and you have a product or service that makes sense for the Airbnb, Vacation Rental, Short-Term Rental, or House Hacking space, here's how to work with us -https://savvycleaner.com/brand-deals *** SAVVY CLEANER BRANDS *** SAVVY CLEANER - House Cleaner Training and Certification – https://savvycleaner.com/join VRBO AIRBNB CLEANING – Cleaning tips and strategies for your short-term rental https://TurnoverCleaningTips.com FUNNY CLEANING SHIRTS – Incentive and thank-you gifts for house cleaners and maids. https://FunnyCleaningShirts.com CREDITS -------------------------- Show Produced by: Savvy Cleaner: https://savvycleaner.com Show Host: Angela Brown Show Editors: Kristin Ochsner & PJ Barnes Show Producer: Jenifer V. Holland #AirbnbCleaningFee #HostsandCleaners #FeeDistribution #CleaningFeeDebate #AirbnbInsights #FairnessMatters #GuestExperience #TransparentTransactions #EarningsOptimization #ResponsibilitySharing #IndustryInsights #VacationRentalTips #ShortTermRentals #OwnershipQuestions #FinancialImplications #CommunicationMatters #CleanerConundrum #FeeBreakdown #airbnbcleaning #diycleaning #cleaningservices #cleaningtips #cleaningroutine #VRBOcleaning #guestready #cleanfluencer #cleaningcosts #cleaninghacks #cleaningchecklist
Short-term rentals are a great source of income but many people overlook them. It can bring a lot of value and growth, so why aren't more people investing in it? Short-term rentals can be much easier than traditional long-term rentals if you have the right tools. Why should we look at investing in short-term rentals and how can we get started? Is self-management too much of a headache? CEO of The Short Term Shop, Avery Carl joins me for this episode to talk about how she got started with short-term rentals, how it works, and how she's now helping other people buy and manage their properties.Three Things You'll Learn In This Episode - The opportunity in short-term rentals Learning property management by ourselves can help increase the income that short-term rentals bring in.- Piquing potential clients' interestBy simply answering questions, we can pique the interest of our clients. - Property management tools you can useThere are many property management tools out there but which ones provide value?Guest Bio Avery Carl is the author of Amazon's best-seller, "Short Term Rental, Long Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties," and the host of "The Short Term Show" Podcast!Avery is also the CEO of The Short Term Shop, the country's TOP short-term rental, and Airbnb real estate agency. The Short Term Shop has connected investors with over 5,000 cash-flowing short-term rental properties since 2018. Avery went from a 37k salary to a real estate portfolio of over 220 doors in 5 years through strategically investing in short-term and vacation rentals. This strategy allowed her to grow her portfolio much more quickly than starting with traditional long-term rentals. It's her goal to help as many investors reach financial independence through short-term rental investing as possible.Visit https://theshorttermshop.com/ Find Avery on Instagram @theshorttermshopFind Avery on LinkedIn @averycarl
Real Estate Mogul Podcast - Learn How To Leverage Investing Strategies in Your Real Estate Business
Short-term rentals can catapult us when we're starting our real estate investing careers. They are cash-flow turbochargers and are much easier to finance than other options. However, they are not completely passive and still need management. What are some of the other benefits of short-term rentals? Can they bring in more cash than the traditional long-term rentals? In this episode, the CEO of The Short Term Shop, Avery Carl joins me to discuss her experience with short-term rentals, how they kick-started her career, and how she used investing to build her team. The first step to investing is getting educated. -Tom Cafarella Three Things You'll Learn In This Episode - Focusing on one thing Can we find more success in specializing than generalizing? - Spread the word about your business How can we spread the word about our business so that we're the first and only option? - Building a team When building a team, we can be reluctant to let go of tasks that we usually take on. How can we properly delegate and track tasks when building a team? Guest Bio Avery Carl is the author of Amazon's best-seller, "Short Term Rental, Long Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties," and the host of "The Short Term Show" Podcast! Avery is also the CEO of The Short Term Shop, the country's TOP short-term rental, and Airbnb real estate agency. The Short Term Shop has connected investors with over 5,000 cash-flowing short-term rental properties since 2018. Avery went from a 37k salary to a real estate portfolio of over 220 doors in 5 years through strategically investing in short-term and vacation rentals. This strategy allowed her to grow her portfolio much more quickly than starting with traditional long-term rentals. It's her goal to help as many investors reach financial independence through short-term rental investing as possible. Visit https://theshorttermshop.com/ Find Avery on Instagram @theshorttermshop Find Avery on LinkedIn @averycarl
When venturing into short-term rental space, there's a lot to learn, and the learning curve can be daunting. Personally, I've found that connecting with a community of like-minded people has been incredibly helpful for me – in SO many ways. I've been able to learn from their experiences, gain valuable insights, avoid costly mistakes, and even generate referrals for my business! In today's episode, I'm joined by Alicia Wright, and she shares with us how networking has helped her along her short-term rental journey. She also walks us through how she educated herself before launching her property on Airbnb – and how she's navigated challenges since she's launched. Stay tuned to hear how this young mom is managing her property from 16 hours away – and how networking has played a role in her success! Timestamps for the key highlights in the episode [02:50] Introducing today's guest; Alicia Wright [03:23] The location of her short-term rental [04:41] Alicia's criteria for purchasing her short-term rental property [11:00] How she educated herself on self-managing a rental property [12:00] How networking assisted Alicia in launching her STR business [13:44] The most difficult challenge she encountered when launching her STR business and how she navigated it [17:49] How she was able to build a reliable team [19:38] Alicia's experience hosting her first guest [25:15] The lightning round: Where is your favorite place to vacation? What's one place you've never been to that you want to visit? What's one thing you know now that you wished you knew when you started out in the short-term rental business? What's the best piece of advice you've ever been given? What's one thing and/or person that you are grateful for today? [31:34] Alicia's advice to people starting out in the STR business [33:27] How to link with Alicia Wright Golden Nuggets “Your network is your net worth.” When venturing into short-term rental space, it is incredibly valuable to network with other people who have gone before you and have paved the path because they have learnings they can share. “It feels good to make people feel good.” “You can make an impact on other people just by sharing your journey.” Remember to Subscribe, Rate, Review, Like, and Share! Resources Mentioned Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties: https://bit.ly/41j1Q1S Let's Connect! Follow Alicia Wright on; Website: https://www.bluepalmgetaways.com/ Facebook: https://web.facebook.com/aliciawright19/ Instagram: https://www.instagram.com/bluepalmgetaway/ Linkt.ree: https://linktr.ee/bluepalmgetaways More Products Follow Stacey St. John on; Website: https://staceystjohn.com/ Facebook: https://web.facebook.com/groups/911671659592801?_rdc=1&_rdr Fire link: https://lnk.to/z4iJAlgs
This week Avery is joined by Michael and Elizabeth Chang. We get to hear their story of how they used rental arbitrage in urban markets to not only scale their business but grow their confidence. We also get some tips on how to find good arbitrage buildings, how to present yourself when approaching building owners, and much more. How to connect with Michael and Elizabeth: Trustbnb Vacation Rentals https://www.instagram.com/michaelchangbnb/ How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ www.strquestions.com Follow Avery Carl on Instagram Follow Avery Carl on TikTok Join the Short Term Shop Facebook group! Check out the Short Term Shop on Youtube For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with The Mortgage Shop - https://mortgage.shop/
On this week's episode Avery sits down with John Bianchi - The Airbnb Data Guy. If you've ever struggled to understand all of the data on AirDNA, this episode is definitely for you! John goes into detail on how to determine the seasonality of your market, how to figure out if your market really is "oversaturated", analyzing the annual revenue number and much more! How to connect with John: theairbnbdataguy - TiktTok, Youtube, Instagram How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ www.strquestions.com Follow Avery Carl on Instagram Follow Avery Carl on TikTok Join the Short Term Shop Facebook group! Check out the Short Term Shop on Youtube For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with The Mortgage Shop - https://mortgage.shop/
This week Avery is joined by flipping experts Glenn and Amber Schworm. Glenn and Amber take us through what it was like getting started in real estate back in 2007 and the differences in the market between then and now. They also talk about short term renting their primary residence, owning rentals in non-vacation markets, and much more! How to connect with Glenn and Amber: https://glennandamber.com/ The Birth of the Everyday Real Estate Investor How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ www.strquestions.com Follow Avery Carl on Instagram Follow Avery Carl on TikTok Join the Short Term Shop Facebook group! Check out the Short Term Shop on Youtube For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with The Mortgage Shop - https://mortgage.shop/
This week Avery is joined by the delightful Bob Garner! They have a wonderful discussion about hosting in Italy, interacting with your guests during their stay, and Bob gives some great, yet simple tips to begin reducing your carbon footprint with each of your short term rentals. How to connect with Bob: LinkedIn envirorental.earth How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ www.strquestions.com Follow Avery Carl on Instagram Follow Avery Carl on TikTok Join the Short Term Shop Facebook group! Check out the Short Term Shop on Youtube For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
This week Avery sits down to pick the brain of Hostaway Founder and CEO, Marcus Rader. If you've ever been interested in using Hostaway and wanted to know more about how it works, this episode is for you. Marcus talks about what sets Hostaway apart, what kinds of integrations they offer and how direct booking works. They also discuss upcoming trends and startup funding, and much more! How to connect with Marcus: https://www.hostaway.com/ Linkedin How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
This week Avery is joined by Natalie Palmer! They chat about the ups and downs of investing in Big Bear, focusing on experiential destinations, how to get into cohosting, and more. They also talk a bit about Natalie's first ever all women STR summit, Level Up Your Listing! How to connect with Natalie: __NataliePalmer on Instagram Podcast: No Vacancy https://www.levelupyourlistingsummit.com/ Use code AVERY10 at checkout to receive 10% off! How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
This week Avery sits down with Chris Larsen. They have a fascinating conversation about involving your kids in your business, buying distressed notes, investing in cash-flowing businesses, and much more! How to connect with Chris: https://www.nextlevelincome.com/ Podcast: Next-Level Income How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
This week Avery chats with Million Dollar Host, Julie George! Julie tells us how she went from 0-130 properties in under 3 years! She also has advice on establishing yourself in your area, taking advantage of the opportunities presented to you, building systems and much more! How to connect with Julie: milliondollarhost.com.au Facebook: Julie George Tiktok: milliondollarhost Instagram: milliondollarhost How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
This week Avery sits down Rob Stein. Rob has been a teacher, he's been a body builder, and now he's also in the real estate space. On today's episode they talk about the process of transitioning out of your 9-5, the importance of getting educated as well as the importance of having discipline and implementing the tools you've learned. How to connect with Rob: Facebook: Rob Stein Youtube: robstein.tv Instagram: RobStein_Impossibletofail How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
This week Avery is joined by real estate attorney, Bonnie Galam. Together they discuss LLCs, whether or not to register them for every property, what state to register them in, and more. Bonnie gives some advice on what to do if you accidentally swipe the wrong credit card, owner anonymity and asset protection. How to connect with Bonnie: bonniegalam.com Instagram: bonniegalamesq How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
This week Avery is joined by Kelly Cronin to discuss all things exotic STR. Kelly shares some stories about remote and off grid investing, and gives her advice on how to pick the right property manager for these kinds of properties. They talk about buying in Puerto Rico, supplying items to remote properties and more! How to connect with Kelly: Croninscastles.com Instagram: Croninscastles How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
This week Avery chats with investor, Tony award winner, and author Matt Picheny. We've had many guests on the show to talk about the renting side of arbitrage, but Matt is our first guest who is able to tell us about the owning side of an arbitrage deal. They also talk about transitioning from the arts to real estate, and more! Matt is a real estate investor, Tony award winner, and author of the #1 best-selling book Backstage Guide to Real Estate. With over 15 years of experience revitalizing and elevating communities through real estate investment, he's invested in over 10,000 apartments nationwide. Matt is a licensed real estate agent and have earned both Commercial Real Estate & Real Estate Finance certificates from Boston University. Matt is a PMI certified Project Management Professional and digital marketing veteran whose 18-year career in the advertising world included working for some of the world’s largest advertising agencies, producing award-winning projects for Fortune 500 clients including Verizon, IBM, and Coca-Cola. Connect with Matt: Picheny.com How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
This week Avery sits down again with property manager Julie Gates. Julie has one important PSA for us all: Photos and decor matter! Avery and Julie talk about some exciting updates coming to booking.com, Expedia/VRBO, and how to use photos and decor to set yourself up for success. How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
This week Avery sits down with Jonathan Farber, host of the Millenial Millionaires Through Real Estate podcast. Jonathan gives us his thoughts why you could keep buying long term rentals(as well as short term). He also gives us some insight on how he uses virtual assistants, how he delegates his tasks, and when to implement virtual assistants. Jonathan is a side hustle real estate investor. He was able to achieve financial freedom at 27 and leave his corporate enterprise technology sales job to focus on traditional rentals, short term rentals, airbnb arbitrage and wholesaling, podcasting and course creation. He started with househacking from 21-25 and then started buying traditional rentals and short term rentals with creative acquisition and financing strategies. Jonathan has done this through the use of virtual assistants, systems and a few close team members. He has trained and hired over 5 VA’s who currently help with the day to day and growth of the business. Jonathan grew up in New York and currently splits time between Raleigh, North Carolina, Florida and Long Island. He played golf for Hofstra university and still loves to play. How to connect with Jonathan: https://jonfarber.co/ Instagram: @jonjfarb How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
This week Avery has a really wonderful conversation with commercial airline pilot, speaker and coach, Steve Rozenberg. Steve shares many stories with us from his 20 years of experience in the real estate industry. Avery and Steve discuss wholesaling and flipping, almost going bankrupt and the importance of identifying your goals as well as using strategy to achieve them. How to connect with Steve: @RozenbergSteve steverozenberg.com How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
On this week's episode of the Short Term Show, Avery sits down with Future Flipper COO Brian Davila to talk all about flipping. Brian gives some tips on scaling and building systems, how to vet your contractors, and gives us his advice on keeping your contractors on time and on budget. How to connect with Brian: @TheBrianDavila How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
Today in the podcast, we have Avery Carl, an author, the host of The Short Term Show podcast, and the CEO and founder of The Short Term Shop, a real estate agency nationwide that specializes in helping investors get connected with the best properties in the best markets to invest in short-term rentals. In this episode, Avery educates us using short-term rentals to scale your real estate investing business Additionally, she shares her personal opinions about a partnership, the significance of having a partner, and the terms of their collaboration in the rental business sector. Please stay tuned. Key Highlights [00:01:47] Introduction to Avery and what she does [00:02:44] Avery talks about her family [00:03:53] The inspiration behind Avery writing her book about STR [00:07:32] How STR took Avery from 0 to 240 doors [00:11:44] Why do we need to diversify our portfolio for STR? [00:18:14] The importance of defined roles for partners in a partnership [00:19:58] Why Avery likes honing in on regional drivable vacation-type destinations [00:25:18] Avery's market criteria for long-term rentals [00:25:53] The Lightning Round: What is your favorite place to vacation? Wyoming What is one place you've never visited that you want to visit? Zion National Park What is one thing you know now that you wished you knew when you were starting out in short-term rentals? What 2020 and 2021 would do to STR What is the best piece of advice you've ever been given? Don't let the perfect be the enemy of the good. What's one thing and or person that you're grateful for today? My husband [00:28:52] Business versus family time talks [00:30:10] Will Avery's children join the family business? Notable Quotes ● You don't need 1000 short-term rentals to get yourself to the point of having enough cash flow to make that happen because, at the end of the day, short-term rentals are a business; they're a system. ● Regional drivable places are both accessible and affordable, covering the entire spectrum of things that can go wrong in the economy. They're just a little bit insulated from a lot of the outside factors that other types of markets are not, so that's why I like to focus on them. ● You need to take a good hard look at what you're buying and what market you're buying in. If you have to analyze it as separate asset classes to see if it will work, you shouldn't cross asset classes once you can't mix everything up like that. You need to keep everything separate. ● My children are certainly welcome to join the family business if they want to, but the entire reason that we've set up this business is to allow them to do what they want to do and chase their dreams. Resources To get in touch with Avery: She's the author of the book: Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties If you want to buy a short-term rental using agents in any of our 15 markets, go to: https://theshorttermshop.com/ Podcast: The Short Term Show Facebook: Facebook LinkedIn: LinkedIn Instagram: Instagram Let's Connect! My Facebook group (Female Short-Term Rental Investors) https://www.facebook.com/groups/911671659592801) My personal website (https://staceystjohn.com/) My Free Masterclass: How I Went From A W2 to An STR Dream Life in 5 Simple Steps: https://staceystjohn.com/strwebinar/ The Short-Term Rental Society (https://www.strconnections.com/)
On this week's episode of the Short Term Show, Avery picks Ryan Bakke's brain on all the ways to optimize your real estate taxes. They go over REP status, how to lower your tax bracket for retirement, self directed IRAs, HSA accounts and more! How to connect with Ryan: learnlikeacpa.com @LearnLikeACPA How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
On this week's episode of the Short Term Show, Avery does a deep dive on franchises with Kim Daly. Kim gives some helpful tips on how to get started, how to choose the right franchise for you, how to keep your mindset right and more. Kim and Avery discuss buying new vs established franchises, the major pitfalls to franchise investing and Kim also breaks down the hefty investment costs. For the past 20 years Kim Daly has been helping entrepreneurs, investors, and stuck 9-5 professionals take control of their lives and step out of the corporate cycle by investing intelligently in the franchise businesses and become "franchisepreneurs." She is an international best-selling co-author of Franchising Freedom and the founder and host of the Kim Daly TV YouTube channel. Before becoming a franchise consultant Kim was an entrepreneur and highly sought after consultant in the health and fitness industry working with brands such as Denise Austin, Dr.Denis Waitley, Gold’s Gym and eDiets.com. She is the creator of “The Daly Plan” – a millionaire mindset coaching program that enabled her to build the largest franchise consulting business in the history of franchise consulting in 2012. She aspires to be the most influential and motivational voice in the franchise industry. Kim is a mom of two teenage boys. She is passionate about fitness and nutrition. She lives on the beach in Southern New Hampshire where she loves to ski in the winter and workout year round. How to connect with Kim: kimdaly.tv How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
On this week's episode of the Short Term Show, Avery chats with Pat Hiban, author of The Quitter's Manifesto. They discuss all things from getting out of brokerage and into investing to the always changing short term rental laws and more. Avery and Pat also discuss the importance of not only diversifying your portfolio, but also your investment locations. Pat discusses a few sections from his new book, The Quitter's Manifesto. How to connect with Pat: quittersmanifestobook.com How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
This week Avery has a very exciting panel discussion with some of the top STR agents around. Derek Tellier, Tim Grillot, Kelsey Ardoin and Jeff Brown join Avery to discuss finding deals in the current market. They go over what to look for, what questions to ask yourself and your lender, and how to avoid analysis paralysis. How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
This week Avery does a deep dive on all things Relay with CEO/Co-Founder, Yoseph West! They discuss the ease of integrating Relay bank into your systems, the convenience of having the ability to create different cards for different purposes, and more! How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
This week, host Avery Carl chats with the CEO and Co-Founder of Hostfully, Margot Schmorak. They discuss the future of property management software companies, software integrations, the importance of guide books and much more! Margot Schmorak is the CEO and Co-Founder of Hostfully. She has spent her career working on community-driven products that help businesses and entrepreneurs get closer to their customers. Prior to Hostfully, Margot worked at Apple, leading marketing initiatives for the first iPhone Developer Program before joining ServiceSource (NASDAQ: SREV) as VP of Marketing and Strategy and Head of Sales Strategy for the $250M business. Margot loves food, travel, music, and learning. She holds an MBA with Distinction from the University of Michigan and a BA in Economics from Vassar, and lives in the heart of San Francisco with her husband Ari and three young children. How to Connect with Margot: hostfully.com @Schmorak on Twitter Email: Margot@hostfully.com How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
On this week's episode, Avery chats with Kyle Stanley about all things arbitrage and cohosting! How to connect with Kyle: fearlesskyle.com @fearlesskyle on Instagram How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
Host Avery Carl chats with Diya Liu about switching from STR to commercial and the ins and outs of owning boutique hotels. How to Connect with Diya: @DiyaESQ on Instagram How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
Host Avery Carl chats with Amanda Han and Matt McFarland about cost segregation studies, real estate professional status, and legal entities. How to Connect with Amanda and Matt: keystonecpa.com How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
On this week's episode, Avery has a very exciting panel discussion with Dr. Rachel Gainsbrugh, Bill Faeth and Michael Sjogren! They discuss the importance of learning from others, the drawbacks to free content, finding a mentor who aligns with your goals and more! Connect with Rachel - 75gems.com Connect with Bill - Tiktok, Instagram, Facebook: Bill Faeth Connect with Michael - strsecrets.com, Instagram: @theairbnbguy, Youtube: Short Term Rental Secrets How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
Host Avery Carl chats with Brandon about making money on social media, owning a castle, and renting your vacation home. How to Connect with Brandon: @thebrandonrobert on TikTok and Instagram How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
Host Avery Carl chats with Sarah and Annette from the Thanks for Visiting podcast about metro markets, hotelifying your STRs and unconventional rentals. Connect with the girls from Thanks for Visiting: https://www.thanksforvisiting.me/ https://podcasts.apple.com/us/podcast/thanks-for-visiting/id1451872835 Instagram: Thanksforvisiting_ How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
Host Avery Carl chats with Atticus and Beth about scaling quickly, keeping your W2, and how to find deals during a hot market. How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
Host Avery Carl chats with Julie McCoy, Reagen Natho and Natalie Walthour to break down new construction of short term rentals. They discuss the differences between spec builds, custom builds and pre construction builds. They also talk about lot specs, closings and more! How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
Host Avery Carl chats with Derek and Tim about psyching yourself out of making offers, getting emotionally attached to your properties, analysis paralysis and much more! How to connect with Derek and Tim: https://www.facebook.com/groups/shorttermshop How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
Host Avery Carl chats with Tyann about filling the needs within your market, Touchstay, and 1031 financing. Tyann has been a vacation rental host since 2007, beginning with her properties in Branson, Missouri. She began Missouri Haus in 2017, renovated the Bank Haus and Katy Haus in 2018, and then began managing vacation rentals for other owners. Tyann is considered a leader in the vacation rental industry, mentors other vacation rental owners and hosts through the VR Mastered #vacationrentalbootcamp, and is the Global Community Ambassador for Touch Stay digital welcome books. How to connect with Tyann: https://tyannmarcink.com/ Instagram: @TyannMarcink Twitter: @TyannMarcink Podcast: The Guest Cast How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
Daniel Felt is the founder and CEO of Kura Home. Kura Home is a house inspection and maintenance company that operates in Denver, Colorado, and the Minneapolis area. We talked about his providing high-quality, affordable home maintenance services and how he got his start in the industry. Daniel also discusses his experience as a licensed house inspector and how those skills have helped him in his business.Connect with Brian on Twitter, LinkedIn, Instagram, or FacebookLinks:Daniel Felt LinkedIn Book Links: Grant Cardone: The 10X Rule: The Only Difference Between Success and Failure by Grant Cardone Never Split the Difference: Negotiating as if Your Life Depended on It by Chris Voss Built to Last: Successful Habits of Visionary Companies (Good to Great, 2) by Jim CollinsShort-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties by Avery Carl
Host Avery Carl chats with Chuck Kramer about getting started in real estate after retirement, using commercial financing and local banks, and scaling into a new market. Chuck Kramer is an investor and entrepreneur who worked for 30 years in I.T. before retiring at 53. He loves spending time with his family and travelling. How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
In this week's episode Avery Carl chats with Russ and Joe about short term arbitrage, infinite banking and ...OJ Simpson? Russ and Joe are the cofounders of Wealth Without Wallstreet, an online community that seeks to re-educate business owners & families how money truly works. Their goal is to teach people how to enhance savings, increase cash flow and create passive income all without the help of Wall Street. The secret to doing this is having your money work for you, not someone else. They also host the Wealth Without Wallstreet Podcast. https://www.wealthwithoutwallstreet.com/ https://www.wealthwithoutwallstreet.com/podcast How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
In this week's episode Avery chats with her husband Luke about self managing your properties, seaonal markets and the most common issues stopping people from booking your rental. Luke Carl Luke is the co-founder of the Short Term Shop as well as director, and president of education and self-management specialist for the Short Term Shop. He bought his first investment property in 2012. He has since done every trick in the book; House hack, BRRRR Method, HELOC, 1031 Exchange, Single Family, Small Multi-Family, Apartments, LTR, & STR. He has over 3000 reservations on his STR resume, and is the creator of the Enemy Method. He currently holds over 200 doors in 6 markets in 4 states. He is an avid runner, has 2 children, and a Rockstar wife. How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/ The Short Term Show is made possible in part by our sponsors. Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/theshorttermshop to get started.
Host Avery Carl chats with Mark Simpson about the importance of property management software, becoming the “go to”, and collecting data with Stayfi. Mark is the host of The Boost Hospitality Podcast, the creator of The Hospitality Community Facebook Group and Recently Named one of the Top 20 Consultants in the Rental Industry. He’s coached and consulted with thousdands of short-stay accommodation owners to help them increase their direct bookings and cut down on their over-reliance of the Online Travel Agents. He dedicates his time assisting hosts to improve their knowledge and learn valuable marketing skills to drastically increase their direct bookings, build better websites and create killer marketing campaigns. How to connect with Mark: https://boostly.co.uk/ Instagram: boostlyuk How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
They say the riches are in the niches, but we all know that getting into one doesn't guarantee instant success. In this minisode, Liz and Andresa talk about how to make the big step into a smaller market. They advise against jumping into a niche without doing some research and having an understanding of the industry. They also emphasize the importance of joining communities and listening to people who have experience in that particular asset class. If you want to jump into a new niche without making newbie mistakes, then you don't want to miss this episode! Quotes • “The biggest reason we fear pivoting is because the confidence that we had has dissipated. When you're in a new area, you don't have any confidence and you're a newbie again.” (1:35-1:50) • “You don't have to build ten relationships. You don't want to talk to everybody in the room, but you want to form relationships with people who have properties in that asset class.” (4:40-4:50) • “Obviously, the worst thing you can do is not to do anything.” (5:28-5:31) • “ Take those micro-actions. And that will lead to another.” (5:41-5:43) • “Don't do it alone. Do it in a way that quite honestly is manageable. You're not going to become an expert on short-term rentals in a day. Nope. Not going to happen." (6:01-6:11) • “You don't want mentors who have not done what you're looking to do.” (8:40-8:44) Resource Mentioned Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties by Avery Carl How To Join the InvestHER Movement 1) InvestHER CON 2023 Meet Us in Arizona! | InvestHER CON 2023 Early Bird Tickets are available now! The inaugural InvestHER CON was unforgettable. We saw women freely raising their hands, asking questions, and going to the mic to share their thoughts; we saw women confidently speaking with sponsors, holding intimate conversations with each other, and connecting on a deeper level with themselves. You laughed with us. You cried with us. You played in the arena with us. And most of all, you inspired us! We're not stopping there. We're thrilled to announce that InvestHER CON will be returning in May 2023, at a venue in sunny Arizona! Early bird tickets are available now: https://www.therealestateinvesther.com/offers/K92UxTz3/checkout 2) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses, and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves. Subscribe via: Apple Itunes Spotify Amazon Music Android Stitcher 3) The Real Estate InvestHER Membership STRIVE is a one-of-a-kind membership for experienced women investors looking to make deeper connections and take their Real Estate business to the next level. It is more than a transactional membership, and it is a transformational experience for women looking to live life on their own terms. 4) InvestHER Community on Facebook We have thousands of members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals! 5) InvestHER Meetups Around the Globe We have Investher Meetup members attending in-person meetings across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! 6) InvestHER™ eXp Team Our mission is to empower women in Real Estate to live a financially free and balanced life, and we are extending our support to Real Estate agents worldwide. We have created exclusive content and support for the InvestHER™ eXp Team: *Top skills and strategies to grow YOUR business *How to utilize your “real estate agent” advantage to become a real estate investor *Monthly live masterminds *Become part of Libertas Organization with top coaches, Tim and Julie Harris. Jonna Hall Weber is leading our team. If you have any questions or are ready to join our team, click here to schedule a call with her. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Real Estate InvestHER Show with Elizabeth Faircloth and Andresa Guidelli
They say the riches are in the niches, but we all know that getting into one doesn't guarantee instant success.In this minisode, Liz and Andresa talk about how to make the big step into a smaller market. They advise against jumping into a niche without doing some research and having an understanding of the industry. They also emphasize the importance of joining communities and listening to people who have experience in that particular asset class.If you want to jump into a new niche without making newbie mistakes, then you don't want to miss this episode!Quotes• “The biggest reason we fear pivoting is because the confidence that we had has dissipated. When you're in a new area, you don't have any confidence and you're a newbie again.” (1:35-1:50)• “You don't have to build ten relationships. You don't want to talk to everybody in the room, but you want to form relationships with people who have properties in that asset class.” (4:40-4:50)• “Obviously, the worst thing you can do is not to do anything.” (5:28-5:31)• “ Take those micro-actions. And that will lead to another.” (5:41-5:43)• “Don't do it alone. Do it in a way that quite honestly is manageable. You're not going to become an expert on short-term rentals in a day. Nope. Not going to happen." (6:01-6:11)• “You don't want mentors who have not done what you're looking to do.” (8:40-8:44)Resource MentionedShort-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties by Avery CarlHow To Join the InvestHER Movement 1) InvestHER CON 2023Meet Us in Arizona! | InvestHER CON 2023 Early Bird Tickets are available now!The inaugural InvestHER CON was unforgettable.We saw women freely raising their hands, asking questions, and going to the mic to share their thoughts; we saw women confidently speaking with sponsors, holding intimate conversations with each other, and connecting on a deeper level with themselves.You laughed with us.You cried with us.You played in the arena with us.And most of all, you inspired us!We're not stopping there. We're thrilled to announce that InvestHER CON will be returning in May 2023, at a venue in sunny Arizona!Early bird tickets are available now:https://www.therealestateinvesther.com/offers/K92UxTz3/checkout2) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses, and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves. Subscribe via:Apple Itunes SpotifyAmazon MusicAndroid Stitcher 3) The Real Estate InvestHER Membership STRIVE is a one-of-a-kind membership for experienced women investors looking to make deeper connections and take their Real Estate business to the next level. It is more than a transactional membership, and it is a transformational experience for women looking to live life on their own terms.4) InvestHER Community on Facebook We have thousands of members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals! 5) InvestHER Meetups Around the Globe We have Investher Meetup members attending in-person meetings across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! 6) InvestHER™ eXp TeamOur mission is to empower women in Real Estate to live a financially free and balanced life, and we are extending our support to Real Estate agents worldwide. We have created exclusive content and support for the InvestHER™ eXp Team:*Top skills and strategies to grow YOUR business*How to utilize your “real estate agent” advantage to become a real estate investor*Monthly live masterminds*Become part of Libertas Organization with top coaches, Tim and Julie Harris.Jonna Hall Weber is leading our team. If you have any questions or are ready to join our team, click here to schedule a call with her.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Host Avery Carl chats with Rod Khlief about losing money in a recession, playing to your strengths, and FOMO sellers. Rod Khleif is a seasoned and passionate real estate investor who has personally owned and managed over 2000 apartments and homes. Rod has combined his passion for real estate investing with his personal philosophies of self-actualization, goal setting, envisioning, and manifesting success to become one of America’s top real estate investment professionals. How to connect with Rod: rodkhleif.com Instagram: rod_khleif How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
Host Avery Carl chats with Bailey Kramer about dropping out of college, creative financing, and direct-to-seller marketing. Bailey is a Real Estate Investor & Entrepreneur. Bailey uncovered his passion for real estate early in his life and bought his 1st investment property at just 20 years old! Since then Bailey has focused on growing his portfolio of long-term rentals and short-term rentals! Bailey also founded his own co-hosting company and manages 8 Airbnb properties in 4 different states! How to connect with Bailey: www.baileykramer.com Instagram & TikTok: The_Bailey_Kramer How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
Avery Carl was named one of Wall Street Journal's Top 100 and Newsweek's Top 500 agents in 2020. She and her team at The Term Shop focus exclusively on Vacation Rental and Short Term Rental Clients, having closed well over 1 billion dollars in real estate sales. Avery has sold over $300 million in Short Term/Vacation Rentals since 2017.Avery's book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties, is available now.Learn more about Avery at theshorttermshop.com.Support the Show - Become a Patron!Help us grow and become a Patron today: https://www.patreon.com/smartpeoplepodcastSponsors:Lumi Labs & Microdose - go to Microdose.com and use our code SMART to get free shipping & 30% off your first order.
This week, we brought a heavy hitter from the short term rental world to talk about making money on vacation rentals and Airbnb investments. Avery Carl aka @theshorttermshop is the author of "Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties". She is a master of making money on short term rental properties, and is an incredible resource for people at all levels of the game in that space. This episode is an great listen to help you get started and point yourself in the right direction towards building massive cashflow in a unique sector of real estate investing.-We're now using RentRedi to help manage our investment properties. RentRedi is an all-in-one property management software that assists with rent collection, maintenance, tenant screening, communication and more. Click HERE to learn more about RentRedi, and be sure to use promo code JUICEPOD to get 50% off. -
Sandhya Seshadri is an absolute powerhouse in the multifamily space, but it didn't get like that overnight. Sandhya's started with only having $8 a week for food to her name. Three years later, she began generating millions in multifamily investments! Sandhya's strengths lie in acquiring cash flow positive and value-add multifamily assets in low crime neighborhoods. She increases property value, improves communities, and maximizes ROI for her investors by focusing on value-add in Dallas, Fort Worth, and specific Texas markets. She has unique experience as a general partner in all aspects of multifamily, from broker relationships, underwriting, analysis, and raising capital to asset management and closing syndication deals. On the LP side, she is currently involved with 20 multifamily properties totalling 3500+ doors with $1.4M+ invested. You'll discover that Sandhya has so much wisdom in all aspects of commercial real estate, and you're going to come away with a lot of golden nuggets from this episode. So jump in and check out Sandhya's incredible story and the strategy that took her from an $8 a week food budget to becoming a millionaire! Quotes • “The biggest tip I would give people to find their first deal is to say: how you get experienced partners to join you is by figuring out how you can add value to them.” (7:49 - 8:00) • “Our passive investors are getting a 3.18x return in 26 months. So in other words, $100,000 is becoming $318,000 with this closing. It's just insane how well this property has done through COVID. And the reason is the community activity.” (21:38 - 21:55) • “As an immigrant, I came here with two suitcases and an $8 a week food budget, and I got a scholarship to attend school, which is why I was able to afford living here.” (25:52 - 26:01) • “ So in terms of the starting from rags to riches kind of concept, I think the mindset is the most important thing. And if you have the determination, there will always be a way and there will always be mentors along the way who will help you get there.” (28:20 - 28:33) • “So what is it that people come to you for? Figure that out very quickly and from there go in and say, ‘how can I apply this to my real estate world?'” (29:47 - 29:56) • “Wherever you are, don't say that that's the only place for you to stay. You can do a lot more. (37:37 - 37:42) Connect with Sandhya Seshadri: IG: @sandhya_multifamily FB: https://www.facebook.com/sandhya.seshadri.9 LinkedIn: https://www.linkedin.com/in/multifamily4you/ Guest Website: multifamily4you.com Sandhya's book recommendation: Atomic Habits by James Clear The Real Estate InvestHER Membership Our Membership focuses on three pillars: Real Estate Investing, Business Strategies, and Self-Care. We provide a financial freedom road map for women to create steady recurring income to live life on their own terms. Start today with our FREE membership level. During the next month (while the rest of the world is gearing up for the holidays) remember to step up your deal finding activity! One way to do this is to work with the right real estate agents who are focused on your NICHE! If you are interested in buying a vacation rental, you need to check out the Short Term Shop. They have a team of agents that will help you find the perfect vacation rental in the perfect market. And Avery Carl, a real estate investor and the founder and CEO of The Short Term Shop, has just written a book published by BiggerPockets called Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties! Learn more about Avery and her team here - https://www.theshorttermshop.com. Your Voice Matters. We appreciate your feedback and would like to hear from you. Click here to answer a few questions about our podcast. Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther YouTube: Watch our shows here Learn more about your ad choices. Visit megaphone.fm/adchoices
The Real Estate InvestHER Show with Elizabeth Faircloth and Andresa Guidelli
Sandhya Seshadri is an absolute powerhouse in the multifamily space, but it didn't get like that overnight. Sandhya's started with only having $8 a week for food to her name. Three years later, she began generating millions in multifamily investments!Sandhya's strengths lie in acquiring cash flow positive and value-add multifamily assets in low crime neighborhoods. She increases property value, improves communities, and maximizes ROI for her investors by focusing on value-add in Dallas, Fort Worth, and specific Texas markets.She has unique experience as a general partner in all aspects of multifamily, from broker relationships, underwriting, analysis, and raising capital to asset management and closing syndication deals. On the LP side, she is currently involved with 20 multifamily properties totalling 3500+ doors with $1.4M+ invested.You'll discover that Sandhya has so much wisdom in all aspects of commercial real estate, and you're going to come away with a lot of golden nuggets from this episode. So jump in and check out Sandhya's incredible story and the strategy that took her from an $8 a week food budget to becoming a millionaire! Quotes• “The biggest tip I would give people to find their first deal is to say: how you get experienced partners to join you is by figuring out how you can add value to them.” (7:49 - 8:00)• “Our passive investors are getting a 3.18x return in 26 months. So in other words, $100,000 is becoming $318,000 with this closing. It's just insane how well this property has done through COVID. And the reason is the community activity.” (21:38 - 21:55)• “As an immigrant, I came here with two suitcases and an $8 a week food budget, and I got a scholarship to attend school, which is why I was able to afford living here.” (25:52 - 26:01)• “ So in terms of the starting from rags to riches kind of concept, I think the mindset is the most important thing. And if you have the determination, there will always be a way and there will always be mentors along the way who will help you get there.” (28:20 - 28:33)• “So what is it that people come to you for? Figure that out very quickly and from there go in and say, ‘how can I apply this to my real estate world?'” (29:47 - 29:56)• “Wherever you are, don't say that that's the only place for you to stay. You can do a lot more. (37:37 - 37:42)Connect with Sandhya Seshadri:IG: @sandhya_multifamilyFB: https://www.facebook.com/sandhya.seshadri.9 LinkedIn: https://www.linkedin.com/in/multifamily4you/ Guest Website: multifamily4you.com Sandhya's book recommendation:Atomic Habits by James Clear The Real Estate InvestHER Membership Our Membership focuses on three pillars: Real Estate Investing, Business Strategies, and Self-Care. We provide a financial freedom road map for women to create steady recurring income to live life on their own terms. Start today with our FREE membership level.During the next month (while the rest of the world is gearing up for the holidays) remember to step up your deal finding activity! One way to do this is to work with the right real estate agents who are focused on your NICHE! If you are interested in buying a vacation rental, you need to check out the Short Term Shop. They have a team of agents that will help you find the perfect vacation rental in the perfect market. And Avery Carl, a real estate investor and the founder and CEO of The Short Term Shop, has just written a book published by BiggerPockets called Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties! Learn more about Avery and her team here - https://www.theshorttermshop.com.Your Voice Matters. We appreciate your feedback and would like to hear from you. Click here to answer a few questions about our podcast.Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvestherYouTube: Watch our shows hereSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Real estate investor Avery Carl of The Short Term Shop and The Mortgage Shop joins True Multifamily to talk about her book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties. Avery went from owning nothing to a hundred doors within 5 years. Thanks to short-term rentals that have heavier cashflows and are easier to finance, Avery grew her portfolio more quickly than she would have otherwise with traditional single-family long-terms. Today, Avery shares all the buts and bolts when it comes to buying and managing short-term rentals and vacation properties. Here are some power takeaways from today's conversation: - The birth of The Short Term Shop - Understanding the regulations around short-term rentals - Metro markets vs. vacation markets - Multifamily vs. short-term - Managing short-term rentals Episode Highlights: Steps in Starting Your Short-Term Rental Business When you're thinking of buying a short-term rental, first go to the city codes or city planning zoning department, which every city has, and check their regulations on short-term rentals. Then pick a house that tourists of that area have come to expect. If it's a mountain area, pick a nice cabin, and if it's in a beach area, then pick a nice beach house. Metro Markets vs. Vacation Markets Metro markets are the big fly-to vacation, tourism-dependent markets. These are expensive markets that people save all year to go to like Mexico, Hawaii, or Aspen. The regional drivable markets are vacation markets that are also tourism-dependent where there are not a lot of jobs outside of tourism. These are areas where the majority of the people who go there are driving, not flying. Because they're accessible and affordable, they're the most recession-resistant. Metro markets are going to have more types of travelers, whether for business or family vacation or needing a temporary place to stay while they're in between primary homes. Whereas vacation markets are strictly vacationers. Multifamily vs. Short-Term Multifamily is easily laid out in a spreadsheet and the rent is the same every month for a year or longer, depending on how your leases are. And so, everything fits nicely into a spreadsheet. Whereas short-term rentals are more of a range because the income over the course of a year is more dependent on the manager than it is the property itself. Resources Mentioned: The Short Term Shop Short-Term Rental, Long-Term Wealth