

Short Term Rental Management
8 Figure Airbnb and Short Term Rental Real Estate Investor Luke Carl
Welcome to Short Term Rental Management. The show about managing your short term rental from anywhere in the world. Tips in tricks to become a better host. With your host, Luke Carl, a real estate professional that began his career buying short term rentals in vacation markets in order to use the cash flow to purchase long-term rentals. Luke is the proud owner of the longest running “Airbnb” in the Smoky Mountains, and has hosted over 4000 stays in his career. He owns hundreds of units with no partners -including multi-family, single-family long terms, and of course, short term rentals.
Episodes
Mentioned books

Oct 31, 2023 • 56min
900 Units Under Management
This week Luke is joined by Dale Smith, a successful short-term rental management professional in the United Kingdom. With over 900 properties under management, Dale's company, Host and Stay, has experienced rapid growth since its founding in 2018. They discuss Dale's goal of reaching 5,000 properties by 2025. They also talk about management processes and tech stacks for a large company as well as what day to day operations look like when running a company of that size.
How to connect with Dale:
https://hostandstay.co.uk/who-we-are/
LinkedIn
How to connect with Luke:
The Short Term Shop - https://theshorttermshop.com/
Follow us on Instagram
Follow us on TikTok
Join the Short Term Shop Facebook group!
Check out the Short Term Shop on Youtube
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
- https://amzn.to/3Adg6PA

Oct 26, 2023 • 11min
100K Cash Flow Using The Freedom Formula
This week we are coming at you with a little bonus episode where we're going to do some math and figure out what it takes to quit your W2! We'll be using what Luke has coined as the "Freedom Formula".
How to connect with Luke:
The Short Term Shop - https://theshorttermshop.com/
Follow us on Instagram
Follow us on TikTok
Join the Short Term Shop Facebook group!
Check out the Short Term Shop on Youtube
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
- https://amzn.to/3Adg6PA

Oct 24, 2023 • 41min
Evolution of STR; Saturation; Listener Mail
On this week's episode Luke is joined once again by Pavan Mediratta. They discuss the evolution of short-term rental management over the years. They talk about the changes and advancements in technology, such as pricing software, and the importance of caring for guests and providing a memorable vacation experience. They also touch on the topic of saturation and finish off by reading some listener mail!
How to connect with Luke:
The Short Term Shop - https://theshorttermshop.com/
Follow us on Instagram
Follow us on TikTok
Join the Short Term Shop Facebook group!
Check out the Short Term Shop on Youtube
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
- https://amzn.to/3Adg6PA

Oct 17, 2023 • 1h 7min
Tax Free Wealth
This week Luke is joined by another long time friend and Godfather of 1031 exchange, Dave Foster. Dave shares his story on how he ended up living on and raising his children on a boat for over a decade. They discuss the power of the 1031 exchange, tax advantages of owning multiple properties, how to maximize your retirement strategy asnd more.
Dave Foster, a Qualified Intermediary (QI) investment professional, understands that real estate is really an investment in your future. As a multi-industry visionary, he has over 20 years of experience working in all phases of real estate investing. From commercial to residential, he brings his clients a fresh perspective and clear vision for strategic development. As an investor himself, he views each investment as a unique opportunity to maximize returns. A degreed accountant with a Master's in Management, Dave built his reputation on being a driven, results-oriented QI who works relentlessly to optimize value for the real estate investors with whom he works. He is inspired by a genuine desire to help investors excel, and he continuously strives to create win-win situations.
Dave's book: Lifetime Tax-Free Wealth: The Real Estate Investor's Guide to The 1031 Exchange
How to connect with Luke:
The Short Term Shop - https://theshorttermshop.com/
Follow us on Instagram
Follow us on TikTok
Join the Short Term Shop Facebook group!
Check out the Short Term Shop on Youtube
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
- https://amzn.to/3Adg6PA

Oct 10, 2023 • 49min
Why You're Not Getting Any VRBO Bookings
This week Luke is joined by a short term rental OG and long time friend, Pavan Mediratta! Luke and Pavan discuss the challenges and misconceptions surrounding Vrbo bookings and share strategies to get more exposure on the platform. They also chat about the history or VRBO, why you need to be listing your properties on multiple platforms, getting kicked off of AirBNB and more!
How to connect with Luke:
The Short Term Shop - https://theshorttermshop.com/
Follow us on Instagram
Follow us on TikTok
Join the Short Term Shop Facebook group!
Check out the Short Term Shop on Youtube
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
- https://amzn.to/3Adg6PA

Oct 3, 2023 • 25min
Sticker Shock
This week we're talking all about sticker shock. Everything is more expensive these days! We'll discuss how this relates back to our guests, getting our next deal and how to not let sticker shock get you down.
How to connect with Luke:
The Short Term Shop - https://theshorttermshop.com/
Follow us on Instagram
Follow us on TikTok
Join the Short Term Shop Facebook group!
Check out the Short Term Shop on Youtube
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
- https://amzn.to/3Adg6PA

Sep 26, 2023 • 58min
2023 Winter Special
Today Luke is joined by Chuck Kramer for this season's preparation episode! They're going to give you their best advice for preparinging for Winter, aka the slow season. This includes getting your maintenance people on the books well in advance, knowing what kind of market you're in so you can adjust accordingly, a good rule of thumb for when Christmas should be booked and more.
Click here to register for BPCON today!
How to connect with Luke:
The Short Term Shop - https://theshorttermshop.com/
Follow us on Instagram
Follow us on TikTok
Join the Short Term Shop Facebook group!
Check out the Short Term Shop on Youtube
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
- https://amzn.to/3Adg6PA

Sep 19, 2023 • 32min
Rates VS Quality of Guest
This week Luke is joined by everyone's favorite, Tim Grillot to discuss your rates vs. your quality of guests. They go over how and why you should let people know why you have little/no reviews. They also stress the importance of striking a balance on your pricing and knowing that low rates don't guarantee bad guests, but neither do high rates.
How to connect with Luke:
The Short Term Shop - https://theshorttermshop.com/
Follow us on Instagram
Follow us on TikTok
Join the Short Term Shop Facebook group!
Check out the Short Term Shop on Youtube
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
- https://amzn.to/3Adg6PA

Sep 12, 2023 • 12min
LTR Will Make You Better at STR
On this week's episode we are talking all about why you need to get some long terms in order to be better at renting short terms. We'll talk learning the ins and outs of rental real estate, gaining patience, knowing when to get a property manager and more!
How to connect with Luke:
The Short Term Shop - https://theshorttermshop.com/
Follow us on Instagram
Follow us on TikTok
Join the Short Term Shop Facebook group!
Check out the Short Term Shop on Youtube
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
- https://amzn.to/3Adg6PA

Sep 5, 2023 • 57min
Shipping Containers Village
This week Luke is joined by Steven Gillmer to chat about his shipping containers village! They discuss the startup costs associated with shipping containers, financing options, where most bookings are coming from and more!
Steven Gillmer is a proud father of one and a devoted husband of 31 years, with 32 years as an experienced leader whose strength is working through others to open, grow and turn around struggling operations. During his early career with Pizza Hut as an Area Manager, he was responsible for the opening of multiple new restaurants in both new and existing markets as well as turning around stores struggling with negative comparative sales and profit. After a failed restaurant venture in 2007, Steven found himself with zero net worth at the age of 40 and selling used cars. Fortunately, he was able to grow his career from Sales to General Manager, which gave him the ability to start to rebuild his financial life. With his current employer, CarMax, he has continued to take on challenges, growing sales at four locations and developing leaders throughout the organization. Steven began investing in real estate in 2013 while working in Memphis, Tennessee after listening to Rich Dad, Poor Dad on audio book beginning with single family and small multi-family homes. In 2020, Steven partnered with some like minded neighbors and real estateinvestors to develop The Container Retreat (www.thecontainerretreat.com), which is focused on creating unique properties consisting of several container and tiny homes in the Texas Hill Country. The Container Retreat @ 290 Wine Trail is located on 15 acres in Hye, Texas, close to over 50 wineries along the 290 wine trail and consists of ten 20’ container homes and three 40’ container homes. The Container Retreat @ Canyon Lake is in Canyon Lake, Texas on three acres on the banks of Canyon Lake and consists of six buildings with a 40’ tiny home on bottom and 20’ tiny home on top, which can be booked separately ortogether. Along with The Container Retreat, Steven continues to search for other short term rental properties for his personal portfolio.
Real Estate Summary
-Bought and sold three single family homes and one duplex.-Limited partner in 104-unit apartment complex in Houston, TX,which has gone full cycle.-Limited partner in retail shopping center in Tallahassee, FL.-Managing partner and Asset Manager at The Container Retreat @290 Wine Trail in Hye, TX.-Partner and co-asset manager at The Container Retreat @ CanyonLake.
How to connect with Steven:
@TexasGillmer
thecontainerretreat.com
How to connect with Luke:
The Short Term Shop - https://theshorttermshop.com/
Follow us on Instagram
Follow us on TikTok
Join the Short Term Shop Facebook group!
Check out the Short Term Shop on Youtube
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
- https://amzn.to/3Adg6PA