The Short Term Show

Sebastian Geraldo is an expert when it comes to the Miami and Florida real estate market, owning many rentals throughout the state and beyond. Miami is not only a niche and effective market to invest in, but a highly desirable one regardless of season. In addition to his work in STR, Sebastian is also a mentor and founder of Airbnbs Miami, a large group of fellow investors who own and operate rentals in the area. Initially working in a different industry, Sebastian fell in love with real estate investing because it allowed him an opportunity to work for himself and take advantage of the flexibility that owning your own business allows.    Avery speaks with Sebastian about how he got started in the Miami real estate market and the hurdles that he faced along the way. Sebastian delves into how he first discovered real estate, as well as the issues he faced during COVID and how he needed to make powerful changes to his investment structure to maximize gain and adapt to the changing time. Sebastian also gives his specific advice on how the Miami market works from operations to the most desirable properties. Avery and Sebastian also speak about common mistakes in the industry, and how someone just starting out can best prepare before diving in.   Key Topics: How to build a real estate community How Sebastian managed during COVID Importance of knowing when to lean down operations What STR look like in Miami Importance of training and learning before getting started How to avoid common mistakes The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs Seven Habits of Highly Successful People Airbnb Hosts South Florida

Zeona McIntyre is one of the most experienced real estate investors that has ever been on the Short Term Show. With nearly a decade of experience and a real estate extending many states and countries, Zeona is a true Renaissance woman in the real estate field. Zeona has been renting out short term rentals since she was in college and has a wide range of experience working with both short and long-term rental units, both which she owns and rents. She has a wide range of expertise when it comes to the benefits and pitfalls of renting in different markets, how to find the best rental model for you, as well as maximize gain and cashflow into your pockets. Avery speaks with Zeona about how she got her start in rental units and how her rental portfolio has changed and expanded over time. Zeona shares her plethora of knowledge on international units and their pitfalls, as well as how to manage real estate holdings throughout the country and world without necessarily needing to visit them consistently in person. Zeona discusses her experience furnishing versus not furnishing her rental units, how she is able to manage many of her units from afar and her thoughts on the benefits of short versus long term rentals.    Key Topics Tips for financial independence Pitfalls of managing STR in other countries How to expand your STR repertoire Benefits of medium-term rentals How to use the sweat equity model How to decide whether to furnish your unit   Bigger Pockets Podcast Never Split the Difference  Zeona’s Website Zeona Instagram The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs

Dave Foster is a true veteran in the real estate investment world. He first ventured into real estate investing as a way of chucking his 9 to 5 job and allowing himself the freedom to travel and live his life without corporate obligations. Passive real estate income has allowed him to explore and adventure, without the need for full-time, hands-on management. Though he made a decent profit, he was frustrated by government taxing and only retaining limited gain. However, through using 1031 exchange or through moving into his real estate investments, he was able to maximize profits and build his real estate empire across four sites without paying a penny in capital gains tax.   Avery speaks with Dave about the intricacies of 1031 exchange and how he is able to take his real estate investments to new heights through his tactical investment techniques. He explains in detail how anyone, no matter the size of their holdings, can use 1031 exchange to build financial security and also gain increased returns that they can use to grow their holdings to new heights. Dave also goes in-depth about the work that he does with up-and-coming investors and how he teaches them this simple tax deferral strategy that allows them to build a brighter future.   Key Topics How 1031 exchange changed Dave’s life Essentials of 1031 exchange Federal tax laws and rules behind real estate investing Specifics of 1031 exchange policies How to grow profit and investments The work that The 1031 Investor does Techniques to grow your real estate holdings   The 1031 Investor Dave’s Instagram The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs    

Henry Fuz is the Head of Product for Relay Financial, a company that provides access to financial products for small business owners. Henry and Relay are motivated to improve the success rate of small businesses by offering powerful financial automation and enhanced data visibility that allows every business to thrive to its utmost potential. Henry is an expert when it comes to his understanding of how to manage your small business assets most wisely, and efficiently so that you can focus on growing your business rather than the complicated financial systems behind them.   Avery speaks with Henry in-depth about the amazing services that Relay offers and how it differs from other brick-and-mortar financial institutions. We also discuss how digital financial services like Relay are becoming part of the new normal. Henry speaks about how the services are crafted to genuinely help small businesses, and why they work especially well for short-term rentals. Relay is able to not only save an individual’s time on the back-end but the system is set up to be easily accessible. Listen to this episode and learn how to take the complicated financials out of the equation. Focus on growing your business and Relay will do the rest!   Key Topics Background on Relay Why Relay works for short-term rentals How Relay handles integrations How to save time using a digital bank Evolution of brick and mortar banks Definition of automated back office How Relay might work for your business   Relay  Relay Twitter The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs

While working for the Air National Guide for nearly two decades, Ryan Proffit has simultaneously built an ever-growing real estate portfolio. With both short-term rentals and long-term rentals in his wheelhouse, Ryan is continuously growing his impressive real estate repertoire. He is remarkable in his ability to continuously act with integrity and accountability and is able to get access to new deals, and simultaneously propel his business to success by taking the networking out of making true and honest conversations with key figures in the industry.   Avery speaks with Ryan about his experience in the industry and what he learned starting out with his initial investments to the many units that he owns today. She speaks to him about techniques to getting started, from how to secure a business loan to more specific military loans like the Career Starter Loan. They discuss common mistakes that people make early on like panic buys and the risks that one faces. Avery and Ryan also go into depth into the power of connections in the industry and the value of treating everyone who you interact with with respect and kindness, and not only good things but additional powerful connections will follow.   Key Topics Understanding career starter loans Reasons to avoid panic buys The necessity of trusting the data  Importance of bringing extra money to closing Diaspora between risk and large return in the real estate market  Getting off-market deals through kindness  Value of real convos over networking  Long-term vs short-term rentals Why Who you know matters   Extreme Ownership  The Book on Flipping Houses  The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs  

You don’t need to be a full-time investor to make significant income in the real estate market. Tamar Hermes is a shining example of this. Tamar has formed strong partnerships where she co-owns rental units. Together with her partners, Tamar and her team have additionally hired the necessary people like property managers and home cleaners so that all of her investments can bring income into her pocket without needing to do work on the ground. Tamar is additionally an expert when it comes to the perks of buying and reselling in a competitive market, as well as how to purchase property with a 401K.   Avery goes into depth with Tamar about what makes for a powerful partnership and how to find strong collaborators who align with your visions for the future. We additionally speak about how to decide on real estate and how sharing investments with others can be powerful not only for your time but your wallet. Given Tamar’s years of experience, we additionally discuss her opinions on the best time to invest, and how to make the most of your investment through strategies like offset and buying a property with your 401K.    Key Topics Value of partnerships in making powerful deals  How to get returns through passive investment  What makes a great partnership and how to create strong collaboration Necessity of off-set Importance of location when deciding on real estate  Perks of buying, selling vs refinancing  Buying property with a 401k   Links Miracle Morning Wealth Warrior Women Wealth Warrior Women Instagram The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs

Corinn Altomare is the CEO and founder of Hearthfire Holdings. With a decade in the real estate market, Corinn is no stranger to the inner workings of the industry. Originally starting as a side hustle to accompany her music career, Corinn’s portfolio steadily grew and real estate became her full-time job. Working alongside her family members, she currently has a portfolio of over $30M. In addition to her experience renting homes of all sizes, Corinn has recently uncovered profitability in the self-storage RV industry.    Avery speaks with Corinn about her experience in the industry and how she got her start in multiple areas of the market. Through her experience growing a business of her own, we speak about the best techniques to use when scaling a business, as well as how to manage your company while simultaneously trying to manage important aspects of one's personal life like raising a child. Corinn speaks honestly about the value of having different personalities within your company and how different people may be suited to particular roles. We also discuss the inner workings of the RV market, how they have shifted since COVID and how RV rentals might differ from multi-family home rentals.   Key Topics Value of building to scale The benefit of assigning responsibilities based on personality  How to enter the RV rental business Managing a business and raising a child  Massive demand for RV rentals  Impact of COVID on the RV rental market Average, dynamic RV rental rate Managing mileage threshold Inner workings of RV resell units How growing your business can be fun Value of building a strong network   Hearthfire Holdings Who Not How Ayn Rand The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs

Tim Grillot may be a newer investor in the short term market but he is quickly taking the necessary steps to achieve great success in the future. With key rentals in the Smokey Mountains and Gulf Shores, Tim is a member of the Short Term Shop who will stop at nothing to expand his rental market. Recently, Tim sold his home and moved into an RV to raise money to buy new rentals. Due to his strategic planning and willingness to take risks, Tim has been able to accumulate new rentals at a rapid pace.   Avery speaks to Tim about techniques he recommends when starting out in the short-term rental sphere and the benefits of learning from your mistakes when you are first starting out. Specifically, Tim describes his experience with natural disasters and how it taught him about the value of loss of use insurance. We additionally speak in depth about how to secure money for investments even if you may not have a lot of liquid funds starting out. Tim should be a role model of anyone hoping take the plunge and enter the real estate industry themselves.    Key Topics Strategies for starting out in the market Value of learning from your mistakes  Tips for Identifying your key market How to overcome natural disasters  Necessity of loss of use insurance How to go about financing real estate investments without a large amount of lucid funds Commercial vs conventional financing Benefits of moving into an RV to finance future rentals The only way to learn is to do it and take the risk Turn problems into processes 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  

Robert Gonzalez is the COO and co-founder of MyBooks.PRO a company that provides financial stability and profitability for real estate agents, professionals and investors. Having worked with a diverse range of people and businesses, Robert has a keen understanding of the biggest issues in the industry and how they can easily be solved through careful financial management. So many people are good at selling real estate, but not good at the books. That’s where people like Robert play a role.    Avery goes in depth with Robert about the important role that a bookkeeper can play in helping a real estate powerhouse keep their finances in check. In addition to covering how to minimize loss and maximize profit, we also discuss the benefits of careful financial planning and understanding where every cost related to your properties comes into play. Robert emphasizes the importance of tracking your expenses and how a bookkeeper can help you maximize your success while understanding your finances in a digestible way.   Key Topics Importance of understanding your inward and outward cash flow How to minimize losses and maximize profit in your investments  Benefit of breaking down specific costs of running a business How to view your cost reports in a digestible way Benefit of tracking even the smallest charge throughout the year Value of tracking assets and liability  Distinguishing charges without separate bank accounts Importance of immediate communication when making a personal purchase on a business account  When is the right time to get a booking company Bookkeeper expectations   calendly.com/mybookspro - 20 spot free strategy sessions - List short term show in notes  Mybooks.pro The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs HostGPO

Travis Zappia might be young, but he is already on track to retire by 33. Generating hundreds of thousands of dollars a year solely through his short term rentals, Travis has tapped into several markets including Orlando and the Smokey Mountains. He is an expert when it comes to understanding how to generate positive cashflow and make the most out of your real estate investments. Having started at a young age, Travis is a shining example of how someone can increase their profits at a young age through specific investment strategies and starting at a young age.   Avery speaks with Travis about how he navigated his investments during COVID, how he got his start in the market and how he plots his strategy to the different markets in which he works. We also speak about how techniques that people can use to start investing early from 20% down loans to 15% down loans and how this might change with different sizes units. Travis and I additionally speak about how to manage your unit from afar, and the importance of building a strong team that leaves your rental in capable hands.   Benefits of the Florida market around Disney World Differences between Smokey’s and Orlando Pivoting rentals to different markets with COVID Why to pick short term rentals vs long term The benefit of being physically close to the property How to set up on-site teams Techniques for managing properties from a distance Benefits of purchasing with 20% down loans and lower   The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs The ONE Thing Rich Dad, Poor Dad