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Action Academy | Replace The Job You Hate With A Life You Love
From $8k In The Bank To 8 Figure Net Worth Through STR & Apartment Investing w/ Avery Carl | EP 659
Aug 22, 2024
Avery Carl has transformed her finances from $8,000 to an impressive eight-figure net worth through short-term rental and apartment investing. She recounts the severe challenges faced in her journey, including a fire incident, and dispels myths about the rental market. Avery highlights essential shifts from hard work to leadership in real estate, emphasizing teamwork's importance. She also discusses the complexities of short-term rental management and the necessity for dependable staff while exploring alternative investments like self-storage.
50:40
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Quick takeaways
- Avery Carl and her husband transformed $8,000 into a multi-million dollar real estate empire by embracing resilience and strategic investment.
- Success in real estate requires adaptability to market conditions, hard work, and the application of a strong work ethic honed through sports.
Deep dives
From Humble Beginnings to Millionaires
Avery Karl and her husband started their real estate journey with just $8,000, which they initially sought help to invest, only to be turned away due to the small amount. Undeterred, they decided to invest in real estate, leading them to acquire numerous properties, including eight short-term rentals and 75 apartment units. Within just five years, they built a real estate empire worth over $10 million in equity, demonstrating that significant income and wealth can be achieved without starting with substantial capital. Their success serves as an inspiration, illustrating that ambition, hard work, and resilience can lead to remarkable financial achievements.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode