Ready to build your real estate empire… but not sure where to begin? Think of us as your personal trainer. From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask. Looking to 10X your real estate investing business this year? This show isn’t for you. Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Monday, Wednesday and Friday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.
https://www.biggerpockets.com/podcasts/real-estate-rookie
episode 122: 96 Units in 5 Years By Combining Long & Short-Term Rentals
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 Cover
What to look for in a short-term rental or vacation rental market
Why short-term rentals are far more active investing than long-term rentals
Staying up to date on your city’s short-term rental laws and regulations
The software and systems Avery uses to analyze a deal
1031 exchanges and using them to massively grow your portfolio (tax-free!)
Getting out of the fear of overpaying for a property through detailed analysis
And So Much More!
Links from the Show
Real Estate Rookie Youtube Channel
Ashley's Instagram
Tony's Instagram
Real Estate Rookie FaceBook Group
BiggerPockets Podcast
BiggerPockets Forums
BiggerPockets Podcast 364: Snowballing 6-Figure Short-Term Rental Profits Into Passive Investments with Avery Carl
The Short Term Shop
The Mortgage Shop
Airbnb
VRBO
Alpha Geek Capital
Alpha Geek Capital Calculator
Your Porter
iGMS
Smartbnb
Airdna
PriceLabs
BiggerPockets Publishing
Check the full show notes here: https://www.biggerpockets.com/rookie122
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