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The Short Term Show

Latest episodes

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Jun 9, 2022 • 46min

Survivor to Real Estate Savant with Chandra Lacy

Chandra Lacy overcame the incredible hurdles of being a domestic abuse survivor to become the owner of over 90 doors. An expert across all things real estate - from flipping to development to buying and selling, Chandra is passionate about teaching women to defy life’s obstacles and invest in real estate to create residual income. She works across multiple markets and has achieved enormous success across her diverse portfolio.   Avery speaks with Chandra about how she got her foot in the door, and how she was able to overcome the terrible circumstances that she was facing to become the amazing woman that she is today. They additionally speak about the techniques that she used to expand her portfolio - as well as tips for breaking into niche markets like nurse rentals and mobile homes. Avery and Chandra have a deep conversation about the dangers of self inflicted limitation and the importance of building your network and not letting anything hold you back.   Key Topics How she got out of a domestic violence situation Tips for getting started Perks of buy and hold units Value of having a diverse portfolio Importance of having a network How to get into mobile homes Tips for flipping Getting into nurse rentals Importance of not letting anything hold you back   Strength Finders The Awakened Woman Chandra's Instagram
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Jun 2, 2022 • 60min

Mechanics of Micro Units and Franchises with Jerome Maldonado

Jerome Maldonado is a highly successful real estate investor, business owner, coach and speaker. He is an expert in the distressed hotel investment industry, as well as in owning franchises and owning rentals through third-party management companies. Jerome found the traction and confidence which has allowed him to do millions upon millions of dollars in residential and commercial real estate transactions and holdings. Over the span of his 20-year career, Jerome has done over $200 million in in-house transactions, with another $52 million in 2021 alone.   Avery and Jerome speak about the inner workings of turning distressed hotels into rental units, as well as the different types of markets that these units might appeal to. They also delve into Jerome’s expertise into working with a municipality, asset class considerations and the appeal of micro units. Jerome shares his plethora of knowledge within niche areas of the real estate market and how to set yourself up for sure success.   Key Topics Tips in distressed hotel investing Benefit of working within specific asset classes How to turn hotel rooms into multi-family units What rehabbing units looks like How to deal with municipality, and zoning Areas where micro units are most attractive Tips for managing franchises How to deal with compression     The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs Rich Dad, Poor Dad How to Win Friends and Influence People Rhinocerous Success Jerome's Website
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May 19, 2022 • 50min

Becoming an Educated Buyer with Brenna Carles

Brenna Carles is the CEO and Founder of The Mortgage Shop, and is a close coworker of Avery’s. She is a true expert when it comes to mortgage lending and is on a quest to make everyone’s real estate investing dreams come true. She is an expert when it comes to obtaining loans for vacation homes, short and long-term rentals, as well as building a strong foundation of generational wealth.    With a vast knowledge of the different types of loan options that exist, 1031 exchanges, and how to build out real estate portfolios with a wide range of financing options, both Avery and Brenna are true experts in their craft. They speak about the evolution of different types of interest rates, the diverse loan options that exist in the market, as well as how loan options might differ both situationally and with different investment options. They both provide their expert insight into what it means to be an educated buyer, avoid common mistakes, and guarantee success whether you are a new investor or have several properties in your tool belt.   How interest rates have evolved How COVID prompted people to get into real estate Managing different types of loans while staying safe How to get your start in the investing world Understanding DSCR Loans DSCR loans or long term vs short term rentals Benefits of conventional financing vs complicated loans Why certain loans are more expensive than others How higher interest rates help people make money Importance of being educated when working with a loan enforcement officer How to be an educated buyer Understanding gift funds Definition of non-warrantable condos   The Morgage Shop  The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs HostGPO
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May 11, 2022 • 28min

Not Your Average Joe Real Estate Investing with Ethan McCarty

Ethan Tyler McCarty is a self-proclaimed Average Joe of real estate investing, but the success that he has made in the market is anything but ordinary. With a wide range of investments throughout the US that he operates with his wife, Ethan is an expert on building a wide-spanning portfolio while also keeping caution and deep research in mind.   Avery speaks with Ethan about how he and his wife got into the real estate market and their tips on educating yourself before getting started. They also speak about the importance of having a financial cushion and proceeding with caution as opposed to throwing oneself into the market blindly. They speak in-depth about the perks and downsides of different types of assets that exist from condos to flips to trailers as well as what it means to be a true hardcore real estate couple.   Key Topics How Ethan got started How Ethan built his brand Ways Ethan runs his portfolio with his wide Real estate education suggestions Importance of having a financial cushion Perks and downsides of different asset types   Relentless by Tim Grover Dave Ramsey  The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs
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May 5, 2022 • 53min

Everything Syndications with Real Estate InvestHER Liz Faircloth

Liz Faircloth is the co-founder of The Real Estate InvestHER, a company that strives to bring women together to connect deeply about their businesses and get support in their goals to take their careers to the next level. Starting in her 20s, Liz has become an expert real estate investor, and syndication expert with a far-reaching portfolio. Avery and Liz speak about how they hit their stride in the real estate world, as well as how their careers developed over time. Liz speaks about what she looks for in a deal, and the different factors that she considers when adding rentals to her portfolio. They go into depth into every aspect of syndications from purchase to management to working with syndicators    Key Topics How they hit their stride How they got into syndication mode Things to look for when doing a deal Active vs passive investing in syndication Importance of operational team Differences between different markets  How to manage pending recessions 506B vs 506C Tips for refinancing when syndicated Value of working with trusted syndicators  Meaning of value add amenities Awaken the Giant Within InvestHER Con The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs
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Apr 28, 2022 • 30min

Managing Rentals While Managing Family with Ashley & Jered Guy

Ashley and Jered Guy are a married, real estate power duo with properties throughout the US in markets such as The Smokies, Gulf Shore, and Blue Ridge. They have rentals in more markets than anyone on the show so far. With a wide range of short-term rentals throughout the US, including some owned and operated in partnerships, they are shining examples that you can manage both a wide rental portfolio and a family.   Avery speaks with the Guys about how they got into the real estate market and how they usually divide up the work between them. They also speak about the wide range of rentals they operate, and how they managed to make a profit off of a vacation home investment. They dig into strategies for finding partners, as well as techniques to find rentals that fit your budget, needs, and expectations.   Rich Dad, Poor Dad The Big Leap Grant Cardone AirDNA The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs
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Apr 21, 2022 • 36min

Financing Your Financial Freedom with John Voychick

John Voychick is a full-time nurse, part-time real estate investor with an increasingly wide range of short term and long term real estate investments across the Smokies, Gulf Shore, Jacksonville and San Diego. He is masterful in using creative methods to fund properties, as well as managing long distance rentals without the need for physical proximity.   Avery and John speak about his entry into real estate and how and why he decided to invest in his first short and long term rentals. They speak about why John chose his specific national markets and how he learned how to manage rentals from afar. John also delves into the specific creative techniques that he uses to fund his rentals, from using conventional financing to equity credit. Lastly, Avery and John discuss the importance of connecting with your loan operator and the often dismissed value of attitude and connections when it comes to taking your rental portfolio to new heights. Key Topics How John entered the real estate market The benefit of equity credit Differences in managing STR vs LTR Perks of having real estate investments How John’s portfolio has grown Creative ways to fund rentals Details about conventional financing How to choose markets Importance of attitude in real estate    Long-Distance Real Estate Investing John's BiggerPockets The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs
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Apr 14, 2022 • 41min

Condos and Connections with Stacey St. John

Stacey St. John is a true savant in the world of Myrtle Beach condo investing. Not only does she play a big game in the real estate world, but she additionally operates an amazing community for Female Real Estate Investors. She currently owns over a dozen beachfront properties in the area, specifically focusing on condos.   Avery speaks with Stacey about her business operations and why she picked short-herm rentals over long-term. They also discuss the benefits of smaller units, rather than always opting for larger multi-family homes. In addition, they discuss why she picked the Myrtle Beach market specifically and the specific benefits it has over other territories. Stacey speaks about the idiosyncrasies of renting condos, and how to manage the larger down payments that come with them.   Key Topics Why Stacey picked STR Why bigger is not necessarily better Why she picked Myrtle Beach over Dustin Importance of building assessments Elephants in the room when it comes to financing Dealing with non-warrantable condos Managing larger down payments How to take everything as a learning opportunity   The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs Stayinmyrtlebeach.com Rewiring Your Brain
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Apr 7, 2022 • 44min

Building Traction and Hustling with Jabbar Adesada

Jabbar Adesada is crushing it in the real estate market at just 20 years old. An enlisted Marine, Jabbar is at the beginning of his real estate journey but that doesn’t keep him from reaching enormous success. While working actively in the military, Jabbar operates his own house hack, as well as manages several luxury Airbnbs across the country. Jabbar is a shining example of the value of being proactive and eager in your real estate journey, and how a commitment to your own success and growth can take your personal finances to new heights.  Jabbar and Avery speak about his amazing journey into the real estate market and the evolution of Jabbar’s real estate portfolio. They go into depth into how he got started in the industry, and his inspirational ability to overcome rejection and failure in order to create the amazing portfolio that he has today. They speak about how Jabbar went about researching his properties and the importance of using every resource possible to best prepare yourself for making financially sound decisions. Jabbar details out how he manages his partnerships, and all of the work that he did behind the scenes to ensure that every investment would thrive.   Key Topics How Jabbar got started Perks of house hacking Benefits of starting young Role of positive influences What made him get into STR Benefits of using learning resources How to overcome rejection and failure How to structure partnerships How to evaluate financial return Importance of looking to the future   Jabbar’s Instagram Jabbar’s TikTok Jabbar’s Facebook Bigger Pockets The One Thing  Rich Dad, Poor Dad The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs HostGPO
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Mar 31, 2022 • 49min

Taking the Leap and Doing It with Bryan Cataldi

Bryan Cataldi is an accounting professor and real estate investor who specializes in renovated cabins in the Tennessee area. While working as a professor at Western Carolina University, Bryan has been renovating several cabins throughout his market and is continuing to grow his number of investments everyday. He preaches the importance of mindset and discipline in achieving goals, and is a true example of the power of possibility that can come from overcoming self-inflicted roadblocks and life’s everyday challenges and not letting them get in the way of success.   Avery speaks with Bryan about how he got started in the real estate market and how the pandemic created a radical change in his career path. Bryan speaks honestly about the roadblocks he overcame, and how being symbolically backed against a wall can lead to radical change. They go in depth into the intricacies of rehabbing units, specifics of long term development projects and dealing with long term residents. They discuss the sacrifices people need to make when entering the real estate world and the true commitment that it involves. Bryan and Avery also speak about the methodology of choosing which units to purchase, and how personal opinions or reservations should not get in the way of biting the bullet and making a decision.    Key Topics How Bryan figured out his path Value of mindset and discipline Dangers of self-inflicted roadblocks How Bryan overcame life’s challenges Bryan’s first properties Techniques for rehabbing units Sacrifices when buying and selling Dangers of personal opinions when picking location How to manage long term residents Challenges of development projects Value of taking action   Ben Burgeron, Chasing Excellence Bigger Pockets  Rich Dad, Poor Dad The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs HostGPO

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