Success in Short Term Rentals with Avery Carl
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Avery Carl bought her \\ufb01rst rental property at age 26 on a 37,000 salary. Through strategically investing in short term rental properties in mature vacation rental markets, she was a millionaire by 31. She now owns a portfolio of 29 properties and is the CEO and founder of the Short Term Shop, a real estate team that helps investors acquire short term rental properties in the most recession-resistant markets, and trains them on the methods that led her out of the corporate rat race and into \\ufb01nancial freedom.
KEY POINTS
- Short term vs. long term rental properties
- Mature vacation rental markets vs. metro markets
- 3 types of markets
- Mature vacation rental markets (regional)
- Metro Markets
- National Vacation Destinations
- Self-management of short term rentals remotely, from anywhere
- Analyzing a potential vacation rental for optimal ROI and cash on cash return
- How to finance short term rentals
- How to manage your online reputation
LIGHTNING QUESTIONS
1. What was your biggest hurdle getting started in real estate investing, and how did you overcome it?
- Saving the first down payment. Avery made the sacrifice to live with a very frugal life together with his husband.
2. Do you have a personal habit that contributes to your success?
- Waking up very early in the morning.
3. Do you have an online resource that you find valuable?
4. What book would you recommend to the listeners and why?
- Long-Distance Real Estate Investing book by David Greene
5. If you were to give advice to your 20-year-old self to get started in real estate investing, what would it be?
- Get started investing sooner.
RESOURCES
Visit Audible for a free trial and free audiobook download!
Email: info@theshorttermshop.com
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