The Short Term Show

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    

In this episode of the Short Term Show, Avery welcomes Brian Luebben, founder of Action Academy, who shares his journey from corporate sales to financial freedom through real estate investing and entrepreneurship. He emphasizes the importance of taking action and overcoming the fear of failure, encouraging listeners to immerse themselves in communities of successful individuals to foster growth and motivation. Brian introduces his framework of "Survive, Arrive, and Thrive," which helps individuals identify their financial goals and the cash flow needed to achieve them. The conversation also touches on the common pitfalls that lead many real estate investors to sell their properties within the first two years, such as poor underwriting and lack of clarity in their investment strategy. How to connect with Brian: @brianluebben https://actionacademy.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 episode of the Short Term Show, Avery interviews Oscar Viteri, an immigrant from Ecuador who has built a successful real estate portfolio in Wisconsin. Oscar shares his journey from medical school in South America to moving to the U.S. with his wife and delving into real estate investing. Despite being new to the industry, they have already grown their portfolio to three properties in Wisconsin while managing from Iowa. Oscar also discusses how they ended up in Iowa and why they decided to stay in the Midwest.    How to connect with Oscar: www.sachastayswi.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

Rich Somers, an expert in boutique hotel investing and founder of a boutique hotel fund, shares his journey of skyrocketing revenue from $180k to nearly $700k in just 12 months. He discusses the switch from short-term rentals to boutique hotels and outlines the strategies behind revitalizing underperforming properties. Rich also delves into current market insights and the importance of property appreciation over cash flow. His insights on navigating the real estate landscape in San Diego are both enlightening and actionable.

In this episode of the Short Term Show, Avery introduces Colin Carvey, the CEO and founder of data company Revedy. They delved into the challenges of obtaining accurate data in the short term rental space, such as the limitations of scraping data from platforms like Airbnb and VRBO. They also discussed the market trends we have seen since COVID, as well as the value of being able to underwrite deals.    How to connectt with Colin: revedy.com @revedystr 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 engaging conversation, real estate mogul Pace Morby, a Wall Street Journal bestselling author and TV star, shares his insights on creative finance strategies, focusing on the 'Subject To' approach. He reveals how taking over payments can overcome traditional financing hurdles. Besides real estate tactics, Pace discusses prioritizing family time and how to structure life for better work-life balance. He emphasizes the crucial role of mindset in achieving success, advocating for mentorship and community connections in the industry.

In this episode of the Short Term Show, Avery and Brenna Carles discuss the current mortgage rates landscape with a focus on investment and second home loans. They go over what factors influence interest rates, how the media impacts interest rates, the possibility of future rate cuts and more.      How to connect with Brenna: @the.mortgage.shop @brenna.carles https://mortgage.shop/   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