Show Notes

In this episode of the Money Seed Podcast, host Gabe interviews Avery Carl, a short-term rental expert who shares her journey from a traditional job to becoming a successful real estate investor with a portfolio of 250 homes. Avery discusses the different types of short-term rentals, the importance of understanding market dynamics, and the role of regulations in the industry. She also introduces her company, The Short Term Shop, which helps investors navigate the short-term rental market, and shares insights on setting expectations for new investors, analyzing potential returns, and utilizing data for success. Avery concludes by discussing emerging markets and her upcoming book, 'Smarter Short-Term Rentals.'

Avery may be reached through:  https://theshorttermshop.com/

Avery’s first book Short Term Rentals Long Term Wealth is available on Amazon.  https://www.amazon.com/Short-Term-Rental-Long-Term-Wealth-Properties/dp/1947200445

Her second book Smarter Short-Term Rentals is also available on Amazon.
https://www.amazon.com/Short-Term-Rental-Strategy-Out-Hosting-Competition/dp/1960178709

Takeaways
- Understanding the market is crucial for successful investments.
- There are three main types of short-term rentals: metro, fly-to, and regional drivable markets.
- The Short Term Shop helps investors buy and manage short-term rentals.
- Investors should expect to put in work to see returns.
- A minimum of a 10% gross rent multiplier is a good benchmark.
- Data from multiple sources is essential for accurate analysis.
- Regulations are necessary for the short-term rental industry.
- Avery's new book focuses on optimizing short-term rental management.