Life and Money Show

Creating Long-Term Wealth With Short-Term Rentals with Avery Carl

Episode Summary

Short-term rentals can be very lucrative if you find the right places to invest in. Listen to this episode with Avery Carl and learn the key data points of this business, such as cash on cash returns, best markets to invest in, and property management, and find out if this industry is for you.

Episode Notes

• Types of markets to invest in
• Back up plan for short term-rentals
• Is it necessary to re-furnish short-term rental units?
• Is it possible to invest in an area you don't live in?
• Return on investment for these properties
• Where to find people that can manage your property
• Who is this business strategy for?

Life and Money Impact Round

• What is the one thing to do now to live a meaningful and intentional life by design?
• What is one life or money hack that you can share to make an impact on others' lives?
• One thing to do right now to make the world a better place

RESOURCES/LINKS/BOOK MENTIONED

• Air DNA
• Turnover BnB
• Relay Financial
• Astra 
• Profit first by Mike Michalowicz

ABOUT AVERY CARL

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 Short Term Shop focus exclusively on Vacation Rental and Short Term Rental clients. Avery has sold over $300 million in Short Term/Vacation Rentals since 2017. An investor herself, with a portfolio of over 40 properties, Avery specializes in connecting investors with short-term rentals with the highest ROI potential and then training them to manage their short-term rental from their smartphone from anywhere in the world.

CONNECT WITH AVERY

• Website: www.theshorttermshop.com
• Instagram: @theshorttermshop