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Maximizing Cash Flow: Strategies for Success in Short-Term Rentals with STR Expert Avery Carl
Manage episode 412941243 series 2504329
We have an exceptional guest on the show today - the one and only Avery Carl!
Whether you're just getting started or growing an established short-term rental portfolio, you won't want to miss this insightful conversation with one of the industry leaders in the STR space.
As a published author, conference speaker, and operator of rental properties and The Short Term Shop, Avery is highly respected and seasoned expert in the short-term rental community.
Avery shares her pre-real estate career journey in the music industry, and discusses how she built her expertise in the short-term rental space. She offers valuable advice on markets, strategies, and financing options for short-term rentals. Avery emphasizes the importance of location and buying properties you genuinely care about.
You'll love hearing about Avery's background and perspectives on trends in the industry. Her expertise and experience managing hundreds of rental properties make her a wonderful resource for both new and experienced short-term rental investors.
Just when we assumed that Avery was a total 80's hair band rocker, we learned that she knows most of the lyrics to any rock song released before 1992, she's seen Morrissey in concert a few times, and has a Joan Jett tattoo!
Things we discussed in this episode:
- Avery's career path from the music industry to becoming a real estate investor.
- Short-term rental markets like Smoky Mountains and Destin, Florida .
- Disagreement with the idea that markets are "saturated".
- Importance of buying in desirable locations with high demand.
- Prioritizing cash flow over cash-on-cash return.
- Ease of obtaining financing for single-family homes vs commercial properties.
- Trends of more sellers and buyers focusing on cheaper markets.
- Advice to consult attorneys for asset protection and setup.
- Avery's experience playing sports and dealing with difficult coaches.
Get in touch with Avery:
Website - https://theshorttermshop.com/
Email - avery@averycarl.com
Youtube - https://www.youtube.com/c/TheShortTermShop
Instagram - https://www.instagram.com/theshorttermshop/
#realestatepodcast #realestate #realestateinvesting #realestateinvestor #STRStrategies #LocationMatters #CashFlowInvesting #FinancingOptions #IndustryTrends #ExpertAdvice #TheShortTermShop #airbnb #shorttermrentals #vrbo #vacationrentals
Follow Us!
Join Jason Muth of Prideaway Stays and Straightforward Short-Term Rentals and Real Estate Attorney / Broker Rory Gill for another episode of The Real Estate Law Podcast!
Following and subscribing to The Real Estate Law Podcast not only ensures that you'll get instant updates whenever we release a new episode, but it also helps us reach more people who could benefit from the valuable content that we provide.
The Real Estate Law Podcast Website and on Instagram and YouTube
Prideaway Stays Website and on Facebook and LinkedIn
Straightforward Short-Term Rentals Website and on Instagram
Attorney Rory Gill on LinkedIn
Jason Muth on LinkedIn
This podcast and these show notes are not legal advice, but we hope you find both entertaining and informative.
Hospitality.FM
The Real Estate Law Podcast is part of Hospitality.FM, a podcast network dedicated to bringing the best hospitality-focused podcasts to those in and around the industry, from Food + Beverage, Guest Experience, Diversity & Inclusion, Tech, Operations, Hotels, Vacation Rentals, Real Estate Law, and so much more!
203 episodes
Manage episode 412941243 series 2504329
We have an exceptional guest on the show today - the one and only Avery Carl!
Whether you're just getting started or growing an established short-term rental portfolio, you won't want to miss this insightful conversation with one of the industry leaders in the STR space.
As a published author, conference speaker, and operator of rental properties and The Short Term Shop, Avery is highly respected and seasoned expert in the short-term rental community.
Avery shares her pre-real estate career journey in the music industry, and discusses how she built her expertise in the short-term rental space. She offers valuable advice on markets, strategies, and financing options for short-term rentals. Avery emphasizes the importance of location and buying properties you genuinely care about.
You'll love hearing about Avery's background and perspectives on trends in the industry. Her expertise and experience managing hundreds of rental properties make her a wonderful resource for both new and experienced short-term rental investors.
Just when we assumed that Avery was a total 80's hair band rocker, we learned that she knows most of the lyrics to any rock song released before 1992, she's seen Morrissey in concert a few times, and has a Joan Jett tattoo!
Things we discussed in this episode:
- Avery's career path from the music industry to becoming a real estate investor.
- Short-term rental markets like Smoky Mountains and Destin, Florida .
- Disagreement with the idea that markets are "saturated".
- Importance of buying in desirable locations with high demand.
- Prioritizing cash flow over cash-on-cash return.
- Ease of obtaining financing for single-family homes vs commercial properties.
- Trends of more sellers and buyers focusing on cheaper markets.
- Advice to consult attorneys for asset protection and setup.
- Avery's experience playing sports and dealing with difficult coaches.
Get in touch with Avery:
Website - https://theshorttermshop.com/
Email - avery@averycarl.com
Youtube - https://www.youtube.com/c/TheShortTermShop
Instagram - https://www.instagram.com/theshorttermshop/
#realestatepodcast #realestate #realestateinvesting #realestateinvestor #STRStrategies #LocationMatters #CashFlowInvesting #FinancingOptions #IndustryTrends #ExpertAdvice #TheShortTermShop #airbnb #shorttermrentals #vrbo #vacationrentals
Follow Us!
Join Jason Muth of Prideaway Stays and Straightforward Short-Term Rentals and Real Estate Attorney / Broker Rory Gill for another episode of The Real Estate Law Podcast!
Following and subscribing to The Real Estate Law Podcast not only ensures that you'll get instant updates whenever we release a new episode, but it also helps us reach more people who could benefit from the valuable content that we provide.
The Real Estate Law Podcast Website and on Instagram and YouTube
Prideaway Stays Website and on Facebook and LinkedIn
Straightforward Short-Term Rentals Website and on Instagram
Attorney Rory Gill on LinkedIn
Jason Muth on LinkedIn
This podcast and these show notes are not legal advice, but we hope you find both entertaining and informative.
Hospitality.FM
The Real Estate Law Podcast is part of Hospitality.FM, a podcast network dedicated to bringing the best hospitality-focused podcasts to those in and around the industry, from Food + Beverage, Guest Experience, Diversity & Inclusion, Tech, Operations, Hotels, Vacation Rentals, Real Estate Law, and so much more!
203 episodes
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