Short Term Rental Rockstar - Avery Carl Episode #117

GUEST BIO Avery Carl walks us through her journey of getting started in short term rental investing in mature Vacation Markets. As the CEO of and founder of Short Term Stop, Avery made her first rental property purchase at 26 on a $37,000 salary. While she owns over 30+ short term rentals, she also niches in helping investors acquire and sell short term rentals as a real estate agent. She is one of the Wall Street Journal’s Top 100 Agents and has sold 150 million short term rental properties in 2020. Avery has a unique background but has always been a rockstar on and off the stage. She spent several years touring the world as the lead guitarist in a punk rock band. She shifted to being in the business side of music and held positions at Capitol and Atlantic records in Los Angeles. In 2013 she and her husband moved to Tennessee where she received her MBA from Belmont University. This rockstar turned entrepreneur helps her clients acquire short term rentals with the highest ROI potential and trains them to manage their investments from their smart phone from anywhere around the world. remotely. HIGHLIGHTS OF THE EPISODE 01:49 -  Background of the guest 07:15 -  Right questions to ask when looking at any market 08:30 -  Analyzing your first short term rental - enemy method 13:40 -  Structuring fees 16:53 -  Management backend KEEPING IT REAL 18:06 - Scaling at 20-30 plus team members 23:22 - Finding the criteria for Short term rentals 25:28 - Short term rental vs long term rental 30:35 - Exit strategy 35:34 - Bringing residential model to a higher scale NOTABLE QUOTES (KEY LESSONS): “Consume as much media as possible whether that’s books or podcasts. Just make sure that you’re really really well versed in investment real estate.”  CONNECTING WITH THE GUEST Website | Instagram | Facebook Phone number: 800-898-1498 | 865-868-3233 This episode is brought to you by our sponsor Guesty.com which is a property management software that Ruben and his team use as short term rental Superhosts to manage and streamline all communication with their guests and team to make it a memorable stay for each guest that books their property. Use our private unique link here https://hosts.guesty.com/?r=therealestateexperiment  to let Guesty know we sent you! #ExperimentShortTermRental