68 min listen
122: 96 Units in 5 Years By Combining Long & Short-Term Rentals
122: 96 Units in 5 Years By Combining Long & Short-Term Rentals
ratings:
Length:
48 minutes
Released:
Oct 16, 2021
Format:
Podcast episode
Description
Five short years ago, Avery Carl didn’t own ninety-six rental units. She didn’t have her real estate license, she hadn’t founded The Short Term Shop or The Mortgage Shop, and she did not have a book written on short-term rental investing. But now, Avery has all those things, and she did all of them in only half a decade.Avery’s first venture into real estate started by her saving up every penny she could to buy a property in Nashville. After some success, she asked, “what’s the most bang for my buck in real estate?” The answer: short-term rentals. Seven of her units alone brought in over six figures in just July, proving her point that vacation rentals are a necessary part of any investor's asset collection.Now, she manages her own short-term rentals and long-term rentals, she also helps teach others how they too can start investing in short-term rentals and even goes as far as to help them to get financing. All of this was done in a very short time period, and all of it proves that hard work can fuel financial freedom through real estate investing.Click here to listen on Apple Podcasts.In This Episode We CoverWhat to look for in a short-term rental or vacation rental market Why short-term rentals are far more active investing than long-term rentalsStaying up to date on your city’s short-term rental laws and regulationsThe software and systems Avery uses to analyze a deal1031 exchanges and using them to massively grow your portfolio (tax-free!)Getting out of the fear of overpaying for a property through detailed analysisAnd So Much More!Links from the ShowReal Estate Rookie Youtube ChannelAshley's InstagramTony's InstagramReal Estate Rookie FaceBook GroupBiggerPockets PodcastBiggerPockets ForumsBiggerPockets Podcast 364: Snowballing 6-Figure Short-Term Rental Profits Into Passive Investments with Avery CarlThe Short Term ShopThe Mortgage ShopAirbnbVRBOAlpha Geek CapitalAlpha Geek Capital CalculatorYour PorteriGMSSmartbnbAirdnaPriceLabsBiggerPockets PublishingCheck the full show notes here: https://www.biggerpockets.com/rookie122See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Oct 16, 2021
Format:
Podcast episode
Titles in the series (100)
Finding Off-Market Deals, Step-by-Step with Ryan Dossey (Mentor) and Drew Wiard (Mentee): Part 1 by Real Estate Rookie