The Short Term Show

In this episode of The Short Term Show, host discusses cash flow management and investment strategies with guest M.C. Laubscher, a seasoned investor with nearly 25 years of experience. M.C. shared his unique background, growing up in South Africa during a time of significant change, which shaped his understanding of business and investing during uncertain times. Throughout the episode, he emphasized the importance of cash flow management, especially for business owners and real estate investors. He introduced the concept of the "four seasons of cash flow," highlighting the need to prepare for both high and low revenue months. He also stressed the significance of building up cash reserves, or a "war chest," to ensure financial stability during lean periods. He also shared practical advice for new investors, urging them to invest in themselves, their skillsets, and their networks.   How to connect with M.C.: https://cashflowninja.com/ getwealthyforsure.com   How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ www.strquestions.com Follow Avery Carl on Instagram  Follow Avery Carl 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’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA

Jay Ullrich, CEO of HostBuddy AI, shares insights into his company's revolutionary AI messaging software designed for short-term rental hosts. He emphasizes how HostBuddy streamlines guest interactions, ensuring prompt, human-like assistance that saves time and money. Topics include the software's seamless integration with property management systems, advanced features like upselling gap nights, and smart templates that analyze guest sentiment to enhance communication. Jay highlights how HostBuddy ultimately boosts host ratings and increases guest satisfaction.

On this week's episode, Avery welcomes Chris Watson, a retired military veteran with 29 years of service, to share his journey into real estate. Chris discusses how his military background influenced his investment strategies, beginning with the purchase of a home in 2006. Chris also shared insights into his property portfolio, which includes nine STRs and one LTR, spread across the Smoky Mountains and the Emerald Coast. He discussed the importance of having a diverse range of property sizes to ensure steady income throughout the year. They also talked about the importance of adaptability in the short term rental market. Chris emphasized that treating your rental properties like a business and being willing to adapt to market changes is crucial for success. He shared his own experiences of managing properties remotely, even while deployed, by building a reliable team on the ground.   How to connect with Chris: stayatthebeach.com smokymountainviews.com   How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ www.strquestions.com Follow Avery Carl on Instagram  Follow Avery Carl 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’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA

In this episode of the Short Term Show, Avery the pleasure of interviewing Patrick Andres, a successful short-term rental investor based in Alabama. Patrick shared his journey from attorney to full time STR investor. Avery and Patrick discussed the strategies that have contributed to his success, such as targeting properties that have been on the market for a while, making strategic renovations, and more. They also delved into the challenges and rewards of managing properties in hurricane-prone areas like Florida, and Patrick shared his approach to dealing with potential natural disasters through proper insurance and preparation. He also touched on the importance of maintaining and updating properties to ensure a great guest experience.   How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ www.strquestions.com Follow Avery Carl on Instagram  Follow Avery Carl 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’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA

In this episode of The Short Term Show, Avery had the pleasure of speaking with Cody Ball, a passionate real estate investor and co-hosting entrepreneur based in Kansas. Cody shared his initial foray into real estate investing with long term rentals, where he successfully acquired two properties that generated steady cash flow. However, he soon realized he wanted to accelerate his financial growth and retire early. Cody and his wife then decided to shift focus to short term rentals and building a co-hosting business. Cody emphasized the importance of consistency in managing short term rentals, sharing practical tips such as optimizing listing photos, adjusting pricing, and actively engaging with the community. He also discussed how he successfully transitioned into co-hosting, acquiring multiple management clients through referrals and proactive outreach.   How to connect with Cody:  https://ballbnb.com/   How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ www.strquestions.com Follow Avery Carl on Instagram  Follow Avery Carl 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’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA

 On this week's episode Avery is joined by Gino Barbaro! Avery and Gino delved into the critical components of successful real estate investing: buying right, managing right, and financing right. They discussed how many investors struggle when they overlook these fundamentals, especially in the current market climate where lending is becoming more challenging. They also covered the importance of choosing the right market for multifamily investing. Gino emphasized the need for job and population growth, as well as understanding local landlord-tenant laws. Gino also introduced his upcoming book, "Happy Money, Happy Family, Happy Legacy," which focuses on teaching children about money and investing. He shared personal anecdotes about how he has involved his own children in real estate investing, emphasizing the importance of open conversations about financial literacy.   How to connect with Gino: https://jakeandgino.com/link-tree/ https://www.youtube.com/@JakeandGino@jakeandgino on Instagram     How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ www.strquestions.com Follow Avery Carl on Instagram  Follow Avery Carl 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’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA

In this episode of the Short Term Show,Avery welcomes Stephanie Fang and Wilson Liang who dive into their investment journey in the Texas Hill Country. Stephanie and Wilson detailed their impressive portfolio, which includes 56 doors comprising duplexes, short term rentals, and a partnership in a 52-unit apartment complex. They shared insights into their first short term rental deal, a unique property featuring a converted Greyhound bus, and how they managed to gross over six figures annually from it. Throughout the episode, Stephanie and Wilson emphasized the importance of having a good team, understanding the market's seasonality, and the value of mentorship.   How to connect with Stephanie and Wilson: https://lakehausstays.com/thefinancehospital.comIG: @steph_estateIG: @wilson_invests   How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ www.strquestions.com Follow Avery Carl on Instagram  Follow Avery Carl 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’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA  

It’s Tax Time! Enjoy the re-release of this podcast Avery did with two of the biggest names in Taxes and Depreciation. In this episode, Avery is joined by Amanda Han and Yonah Weiss to go over the ins and outs of cost segregation. They’ll discuss how to get tax savings through your short term rentals, why your location and land value matter, tips for tracking your hours, the importance of consulting a real estate focused CPA and more!     Connect with Amanda and Yonah: Weiss Advice Podcast, madisonspecs.com   How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ www.strquestions.com Follow Avery Carl on Instagram  Follow Avery Carl 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’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA     Need lending for your Short Term Rental? Get Pre-Approved on a loan with The Mortgage Shop - https://mortgage.shop/

In this episode of the Short Term Show, Avery welcomes Kathy Fettke, founder of Real Wealth and a seasoned real estate investor, to discuss her journey in real estate and short term rentals. Kathy emphasized the importance of knowing your market and shared insights on how she managed to make a profitable short-term rental in an ultra-luxury market like Malibu. They also delved into Kathy's broader real estate portfolio, her early experiences with house hacking, and how she managed to build a successful real estate business even during challenging times. Kathy also shared her new book, Scaling Smart and how the book aims to help entrepreneurs transition from doing everything themselves to becoming effective leaders who can empower their teams.   How to connect with Kathy: www.realwealth.com Scaling Smart: How to Design a Self-Managing Business    How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ www.strquestions.com Follow Avery Carl on Instagram  Follow Avery Carl 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’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA  

This week Avery is joined by real estate investor and STR co-host, Sarah Pell. Sarah shared her insights on why they chose a condo over a single-family home, highlighting the benefits of having an HOA that manages maintenance issues, which allows them to focus solely on their unit. In addition to owning properties, Sarah has ventured into rental arbitrage and co-hosting, managing multiple properties across different markets, including Tampa Bay and Wilmington, North Carolina. She also shared her strategies for selecting markets and properties, focusing on family-friendly features and updated amenities.   How to connect with Sarah: Www.cpvacationhomes.comInstagram @sarah_pell_@cpvacationhomes   How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ www.strquestions.com Follow Avery Carl on Instagram  Follow Avery Carl 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’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties  - https://amzn.to/3Adg6PA