Success in Short Term Rentals with Avery Carl
Avery Carl bought her first 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 financial freedom. KEY POINTSShort term vs. long term rental propertiesMature vacation rental markets vs. metro markets3 types of marketsMature vacation rental markets (regional)Metro MarketsNational Vacation DestinationsSelf-management of short term rentals remotely, from anywhereAnalyzing a potential vacation rental for optimal ROI and cash on cash returnHow to finance short term rentalsHow to manage your online reputation LIGHTNING QUESTIONS1. 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?BiggerPockets4. What book would you recommend to the listeners and why?Long-Distance Real Estate Investing book by David Greene5. 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.RESOURCESVisit Audible for a free trial and free audiobook download!The Short Term ShopEmail: info@theshorttermshop.comLinkedInBigger Pockets EpisodeThe Real Estate Way to...