In this episode of the Short Term Show, Avery welcomed Austin, Texas based real estate investor Vivian Yip. Vivian shared her story of feeling trapped in the corporate rat race, which caused her to explore house flipping alongside her husband but soon realized it was akin to another job. Inspired by the book "Tax-Free Wealth," Vivian pivoted her strategy towards owning real estate for long term wealth building. Avery and Vivian delved into the strategies for managing midterm rentals, and the importance of having a good property management system. Vivian also shared insights on attracting a diverse range of guests and the benefits of a hybrid model that combines short term and midterm rentals.

How to connect with Vivian: 

@vivianyip_official

 VivianYip.com/about

How to connect with Avery:

The Short Term Shop - https://theshorttermshop.com/

www.strquestions.com

Follow Avery Carl on Instagram 

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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 welcomed Chris and Jena Hartman, a dynamic duo who are both pilots and successful real estate investors. Chris and Jena shared their backgrounds, explaining how they both grew up in military households and eventually met at the Air Force Academy. They discussed their initial entry into real estate, which began with a piece of advice from a mentor: buy a house at every base and turn it into a rental property when you move. This strategy laid the foundation for their real estate journey. Chris and Jena detailed their first property purchase in Enid, Oklahoma. They touched on the challenges they faced, such as dealing with HOAs. They also emphasized to listeners that you really can manage a property from anywhere. 

How to connect with Chris and Jena: 

Hartmanequities 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 welcomed Laura Sides, a former middle school biology teacher who transitioned into real estate investing. Laura shared her journey from teaching to becoming a stay-at-home mom to discovering her passion for real estate and the challenges she has faced along the way. Laura explained her strategy of using HELOCs for short-term flips and paying them off quickly, rather than using them for long-term investments. She also touched on her experience transitioning to property manager for their short term rentals and they discussed the difficult task of firing property managers. 

How to connect with Laura: 

@sides_investing on Instagram
https://sidesinvesting.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 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

In this episode of the Short Term Show, Avery welcomes Jay Ulrich, CEO of HostBuddy AI, to discuss their innovative AI messaging software designed to enhance the STR experience for guests and hosts. Jay explains how HostBuddy aims to save hosts' time and money by improving response times and ensuring guests receive timely, human-like assistance. The software integrates seamlessly with property management systems and offers features beyond messaging, making it an essential tool for hosts managing multiple properties. Jay highlighted several advanced features, including upselling gap nights, inquiry winbacks, and smart templates that analyze guest sentiment to optimize communication.

How to connect with Jay:

https://www.hostbuddy.ai/
https://www.instagram.com/jaytullrich

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 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