In this episode, the discussion focuses on different types of markets in the vacation rental industry. Luke introduces the concept of a "megamarket" and humorously suggests calling it a "supermarket." The episode highlights the significance of niche markets and explored various market types, including metro markets, national vacation markets, regional vacation markets, and used the Smokey Mountains as a prime example of a megamarket.
How to connect with Luke:
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For more information on how to get into short term rentals, read Avery Carl's Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties
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