The Short Term Show

On this week's episode Avery had the pleasure of chatting with Rick Sharga, CEO and founder of the C.J. Patrick Company. Rick explained that the current market dynamics are driven by a significant number of young adults reaching the prime age for first-time home buying, coupled with a shortage of available homes. They also touched on the potential for relief in the market. Rick is optimistic that by the end of 2025, we might see mortgage rates drop to around 6%, with home prices stabilizing and wage growth continuing. They also explored how media reports influence consumer behavior more than actual market conditions.   How to connect with Rick: https://cjpatrick.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

This week's episode is a deep dive into the challenging real estate landscape of 2024, which has been marked as the worst market in the past 65 years in terms of homes sold. Avery welcomes four top real estate agents; January Johnson, Pete Apposato, Wayde Hall and Jonathan Lazzarino to discuss the implications for short term rental investors. Their conversation covers buying and selling insights from the year, advice for navigating the current market conditions and what opportunities await buyers in 2025.   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 dives into the critical aspects of real estate investing beyond the most commonly emphasized metrics of cash flow and cash on cash return. Throughout the episode Avery outlines three alternative wealth generating strategies that investors should keep in mind when calculating their return on investment. Avery acknowledges the importance of cash flow in achieving financial freedom while also encouraging listeners to broaden their perspective and consider additional ways to build wealth through real estate ownership.   Check out our previous episodes with licensed CPAs: Amanda Han and Yonah Weiss Amanda Han and Matt Mcfarland Ryan Bakke Ryan Bakke Brandon Hall   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, Luke and Tim went over some of the essential strategies for navigating the holiday season and preparing for 2025. They discussed the importance of pricing and booking strategies as we approach Christmas and New Year's, especially with the holidays taking place on Wednesdays this year. Luke shared his approach to packaging holiday bookings, emphasizing the need to adjust prices for less desirable dates. He also touched on the significance of maintaining high base rates for the upcoming summer months while being proactive in filling in gaps during the slower winter season. They also discussed the demographic shift in travelers expected for 2025, with a notable increase in older travelers, and how this might affect bookings.   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, 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