BiggerPockets Real Estate Podcast 517: 5 Pitfalls When Buying These “Crazy Cash Flow” Properties
Oct 12, 2021
Avery Carl, a real estate investor with expertise in short-term rentals, shares her insights after growing her portfolio from 20 to 96 properties. She discusses why short-term rentals can diversify an investment portfolio and identifies five common pitfalls to avoid when making your first purchase. Avery emphasizes the importance of asking the right questions and the benefits of having expert guidance. Plus, she shares quirky advice on 'bear-proofing' cabins. Don't miss her new book for more valuable strategies!
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Seek Expert Advice
- Lean on the experience of professionals like loan officers, real estate agents, and property managers.
- They possess specialized knowledge that can significantly benefit your real estate journey.
Avery Carl's Portfolio Growth
- Avery Carl's real estate portfolio grew from 20 to 96 units since her last podcast appearance.
- Her short-term rental business, The Short Term Shop, has sold nearly half a billion dollars worth of properties this year.
Portfolio Diversification
- Diversify your real estate portfolio with both short-term and long-term rentals.
- Short-term rentals offer high cash flow, while long-term rentals provide more passive income.
