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Avery Carl is the CEO & Founder of The Short-Term Shop. Avery Carl was named one of Wall Street Journal's Top 100 and Newsweek's Top 500 agents in 2020. She and her team at The Short Term Shop focus exclusively on Vacation Rental and Short Term Rental clients.

Avery has sold over $300 million in Short Term/Vacation Rentals since 2017. An investor herself, with a portfolio of over 30 properties, Avery specializes in connecting investors with short-term rentals with the highest ROI potential and then training them to manage their short-term rental from their smartphone from anywhere in the world.

[00:01 – 09:46] Short-Term Rentals

• Avery talks about how they found out about Short-Term Rentals
• The Smoky Mountains – why short-term rentals are booming there.
• What makes short-term rentals more attractive than other types of rentals?

[09:47 – 14:23] Third-Party Apps

• Associating short-term rentals with third-party apps (Airbnb, Vrbo, etc.)

[14:24 – 21:56] Join the Short-Term Rentals Space

• Interested in investing in short-term rentals? Listen to Avery's advice just for you!
• Emerging markets that you should keep an eye on.
• Scaling the business – how Avery and her team are keeping their business growing.

[21:46 – 27:48] THE FINAL FOUR

• Avery talks about her background.
• What's the worst job that you ever had?
  • In college, I worked at a gym and practically was a 'personal trainer.'
• What's a book you've read that has given you a paradigm shift?
  • The Obstacle Is the Way by Ryan Holiday
• What is a skill or talent that you would like to learn?
  • Stand-up paddleboarding.
• What does success mean to you?
  • The freedom of time.
• Connect with Avery. Links available below.

Tweetable Quotes:

"The only reason you're feeling [a certain] way is because you're allowing yourself to feel this way." – Avery Carl

You can connect with Avery on https://theshorttermshop.com/. You can follow The Short Term Shop on Instagram or join their Facebook group.

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How does embracing diversification in business and personal life lead to unexpected success and resilience? In this episode, Yonah engages with the multifaceted Linda Lim, whose journey from finance to real estate and beyond illustrates the power of diversification. Lim shares her experiences, from Wall Street trading to developing resorts in Bali and embarking on ventures in logistics and food packaging. Their discussion delves into the significance of risk mitigation, the intricacies of international business, and the impact of personal growth on professional success. Lim exemplifies how diversification isn't just a financial strategy but a life philosophy, driving innovation, stability, and personal fulfillment.

[00:01 - 06:13] From Finance to Real Estate

• Lim's transition from finance to real estate
• The role of education and early career experiences
• The move from banking to building and developing real estate

[06:14 - 12:02] Building a Global Portfolio

• Developing resorts in Bali and diversifying into logistics
• The importance of asset class and geographical diversification
• How the COVID-19 pandemic highlighted the need for adaptable business strategies

[12:03 - 18:01] Navigating International Waters

• Expanding into new markets like Mexico and New Mexico
• The blend of real estate development and logistics for business growth
• Insights into the attainable housing market and its stability

[18:01 - 25:24] Bridging Cultures Through Food

• Lim's journey into the food industry with a focus on Indonesian cuisine
• The challenges and triumphs of introducing new food products to the market
• The role of cultural appreciation and personal passion in business

[25:25 - 33:53] Personal Insights and Professional Wisdom

• Lim's reflections on life, business, and personal growth
• The conversation on the essential nature of compassion and continuous learning
• Closing thoughts on defining success and the path forward

Connect with Linda:

Website: essentialelementcapital.com

LinkedIn: https://www.linkedin.com/in/lindalim88/

Instagram: https://www.instagram.com/essentialelementcapital/

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Tweetable Quotes:

"In risk mitigation, diversification is the way to go. No one can predict the market." - Linda Lim

"If I'm able to create constant positive transformation in my life, that's to me is already a success." - Linda Lim

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How can a career pivot during uncertain times, like the COVID-19 pandemic, lead to discovering new passions and successful entrepreneurial ventures in the real estate industry?

In this episode, Yonah converses with dynamic duo Matthew Byrnes and Brandon Rickman, who share their journey from different professional backgrounds into forming a robust partnership in the real estate sector. Both guests unravel their paths of career transformation, highlighting the impact of COVID-19 on their professional lives and how it led to the inception of their current real estate and private lending business. They delve into the nuances of private lending, the importance of networking and trust in the industry, and their visions for future business growth.

[00:01 - 07:20] Pivoting Paths to Partnership

• Matthew's transition from film to real estate during COVID-19
• Meeting and forming a business relationship with Brandon
• Initial ventures in wholesale real estate and moving to private lending

[07:21 - 14:35] Understanding Private Lending

• The concept of private lending and how it differs from institutional and hard money loans
• The strategic advantages of private loans in real estate investments
• Challenges and opportunities in the private lending space

[14:36 - 21:48] Business Growth and Strategy

• The evolution of their lending business and capital raising efforts
• Shifting focus from film industry contacts to broader investment sources
• The importance of diversification and liquidity in their business model

[21:49 - 28:00] Market Insights and Economic Impact

• Real estate market trends and the effect of economic changes
• Adjusting business strategies in response to market dynamics
• Expectations for the future of the real estate market

[28:01 - 35:19] Looking Ahead: Aspirations and Realities

• Long-term goals for their business and personal development
• The concept of success and what it means to them personally and professionally
• Reflections on past experiences and lessons learned

Connect with Brandon and Matthew:

Website: www.prolendcapital.com

Facebook: https://www.facebook.com/profile.php?id=61550527497995
IG: @prolend_capital

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Tweetable Quote:

"The necessity of having your own business is pivoting. If you don't pivot, you're goin

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How does the art of networking shape the future of property management and investment? Today, Yonah navigates into the world of real estate with Alexandra Alvarado and Allen Artcliff-Cronrod from the American Apartment Owners Association (AAOA). Through engaging dialogue, the episode uncovers the invaluable role of networking, education, and community support in navigating the complexities of real estate investment and property management. Listeners will gain insights into the importance of association support for landlords, especially in tenant-friendly states, and the power of educational resources in preventing and resolving property management issues. 

[00:01 - 08:08] The Keystone of Real Estate Success

• The importance of a supportive network for property owners
• The role of education in navigating real estate challenges
• Insight into the American Apartment Owners Association's mission

[08:09 - 16:06] The Foundation of Empowered Landlording

• Alexandra and Allen share their unique paths in the real estate sector
• The impact of personal and family experiences on their career trajectories
• The evolution of their roles within the AAOA

[16:07 - 24:49] The Heart of Real Estate Growth

• Common issues faced by property owners and available solutions
• The importance of proactive education and resources
• Strategies for dealing with tenant-related challenges

[24:50 - 32:05] Navigating the Real Estate Landscape

• The significance of digital platforms in fostering community among landlords
• Plans for expanding the AAOA's digital presence
• The role of webinars and live events in enhancing landlord education

[32:06 - 40:54] The Future of Real Estate Community and Education

• The evolving landscape of landlord advocacy and legislation
• Insights into the potential future challenges and opportunities for landlords
• The critical role of the AAOA in representing and supporting property owners

Connect with Alexandra & Allen:

Website: https://www.facebook.com/pages/American-Apartment-Owners-Association-AAOA/112471385452699 

LinkedIn: https://www.linkedin.com/in/allen-artcliff-cronrod-3386804/

YouTube: https://www.youtube.com/@ApartmentOwners

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Tweetable Quote:

"The true mark of success is being able to be the one who is holding that pen to write tomorrow's blank page." - Allen Artcliff-Cronrod

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Can the principles of fitness—physical, financial, and faithful—revolutionize not just personal life but also the way we approach entrepreneurship and real estate investing? In this insightful episode, Cale Delaney, a short-term rental investor and podcast host, explores the intersection of entrepreneurship, real estate investment, and personal well-being. From Cale's transition from engineering to real estate, through the trials of the 2008 financial crisis, to discovering a fulfilling path in short-term rentals and launching the "Fit Investor" podcast, this conversation uncovers the profound impact of integrating financial savvy, physical health, and faith into both personal and professional realms. Join us as we navigate Cale's transformative journey, unpacking valuable lessons for aspiring entrepreneurs and seasoned investors alike.

[00:01 - 07:51] The Genesis of a Fit Investor

• The importance of adaptability in your career path
• How crises can catalyze a pivot to more fulfilling work
• The role of education and self-learning in discovering new investment avenues

[07:51 - 14:17] The Philosophy of The Fit Investor

• The necessity of a holistic approach to entrepreneurship
• How faith can underpin and guide professional and personal growth
• The power of niche communities in amplifying underrepresented voices in real estate

[14:18 - 21:33] Teaching Financial Literacy to the Next Generation

• The critical gap in financial education among youth
• The potential of early financial literacy to transform lives
• The importance of aligning financial goals with personal values and faith

[21:33 - 28:27] Reflections and Future Aspirations

• Success is an evolving concept that grows with us
• The fulfillment derived from positively impacting others' lives
• The significance of remaining open to new learning and growth opportunities

Connect with Cale:

 LinkedIn: https://www.linkedin.com/in/cale-delaney/

Facebook: https://www.facebook.com/cale.delaney/

Facebook Group: https://www.facebook.com/share/tvT5cqf6rvuJc6Re/?mibextid=K35XfP

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Tweetable Quotes:

"Search yourself first before you do anything. And if you see that there are some things you need to work on, then work on that before anything else." - Cale Delaney 

"Money exaggerates your internal character... If you are a greedy person, money will make you more greedy. If you're a generous person money will make you more generous." - Cale Delaney

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How can commercial real estate investors build trust and earn fees as new syndicators? This week, Tyler Cauble, the Founding Principal and President of The Cauble Group, explores the nuances of commercial real estate, the transformative growth of Nashville, and Tyler's innovative approach to development projects that generate financial returns and significantly benefit local communities. From Tyler's initial leap into real estate to his creative redevelopment projects, this conversation sheds light on the importance of adaptability, community focus, and strategic investment in today's dynamic market.

[00:01 - 07:41] The Evolution of a Real Estate Maven

• Tyler's transition from college dropout to real estate influencer
• The importance of adaptability in the ever-changing real estate market
• Insights into Nashville's unique economic resilience

[07:42 - 14:25] Mastering the Art of Commercial Real Estate

• The significance of mentorship and learning in the field
• Strategies for newcomers to get involved and succeed in commercial real estate
• Understanding the value of experience over immediate financial gain in property deals

[14:26 - 20:58] Creative Real Estate Development and Impact

• How unique projects like "The Wash" can transform communities
• The role of real estate in fostering local businesses and culture
• Tyler's approach to choosing and executing projects that benefit neighborhoods

[20:59 - 27:54] Building Sustainable Communities Through Real Estate

• The holistic approach to real estate development
• The significance of walkable cities for enhancing community life
• Tyler's philosophy on success and happiness in the real estate domain

[27:55 - 32:39] The Future of Real Estate Innovation

• The evolving landscape of commercial real estate
• Tyler's vision for future projects and their potential impact
• The importance of continuous learning and adaptation in real estate

Connect with Tyler:

Website: www.tylercauble.com

LinkedIn: www.linkedin.com/in/tylercauble

Instagram: www.instagram.com/commercial_in_nashville/?hl=en

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Tweetable Quotes:

"I think there's never a bad time to get started in real estate." - Tyler Cauble

"Success is being happy and excited to wake up every day and get to do what I do." - Tyler Cauble

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How does the transition from single-family to commercial real estate redefine success and impact personal relationships in the industry? In this episode, Yonah converses with Brandi Shotwell, a seasoned expert in the real estate industry, particularly in commercial lending. She shares her journey from being intrigued by real estate as a college student to becoming a distinguished figure in commercial real estate. The discussion unveils the nuances of commercial lending, the significance of building meaningful relationships in the industry, and the resilience and adaptability required to thrive, especially during challenging times like the 2008 financial crisis and the COVID-19 pandemic.

[00:01 - 06:19] Jumping Into Real Estate

• The power of curiosity and initiative in finding one's career path
• The importance of mentorship and hands-on learning in professional growth
• Transitioning from single-family to commercial real estate brings new learning curves and opportunities

[06:20 - 12:28] Navigating Commercial Lending

• The critical role of understanding industry-specific terminology
• The value of patience and guidance when dealing with newcomers to commercial real estate
• Establishing a one-stop-shop brokerage to serve diverse client needs effectively

[12:29 - 18:20] Entrepreneurial Leap

• The significance of timing and faith in launching a business
• How challenges can turn into opportunities for growth and success
• The impact of a supportive network and positive mindset in overcoming adversity

[18:21 - 26:21] Investing Alongside Clients

• Diversification in investment as a key strategy for financial growth
• Building trust and personal connections with clients enhances business opportunities
• The critical importance of integrity and character in long-term success

[26:22 - 34:51] Facing Challenges Head-On

• Expect the unexpected in real estate transactions
• The importance of adaptability and problem-solving skills
• Leveraging experience and knowledge to navigate complex situations effectively

Connect with Brandi:

Website: https://www.renocm.com/

LinkedIn: www.linkedin.com/in/brandi-shotwell

Instagram: https://www.instagram.com/iammrsshotwell/

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None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

"You may not know it all. It's okay. I'm here to help you and not deter you." - Brandi Shotwell

"Taking a leap of faith and seeing where it lands you is sometimes the best step forward." - Brandi Shotwell

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What if you could take your passion and turn it into a real estate empire? Ryan Dumas shares his investing origin story, spanning the predictable path from restaurants to finance...with an unexpected twist into storage units, apartment complexes, and beyond.

Ryan Dumas is a Senior Associate with GRP Capital and has been active in the hospitality industry for 25 years, practicing in financing, lodging, and food and beverage. Ryan’s extensive network of hospitality professionals and active participation in the industry has been a driving force to support GRP Capital in becoming a nationally recognized financial advisor and direct lender. 

[00:00 - 09:22] Learning from Failures and Seeking Mentors

• Ryan got started in the restaurant industry and transitioned into finance
• The importance of learning from past deal failures
• Surround yourself with people who have done it before successfully
• The goal is to focus on asset management and working with solid teams

[09:23 - 23:58] Evaluating Deals and Managing Assets 

• Critical to analyze financing terms and the ability to refinance or exit
• Target emerging markets in Southeast US like Tennessee and the Carolinas
• Partner with local operators to run assets in Midwest markets

[23:59 - 29:38] Balancing Business and Family

• Build systems and teams to create more freedom in schedule
• Taking action and getting uncomfortable is key to growth
• Help others along the way and add value to the community

[29:39 - 37:36] The Final Four: Worst Job, Book, Skill to Learn, & Definition of Success

• Worst job ever was being a data analyst
• Book that gave a paradigm shift: The Bible
• Skill/talent to learn: Being a handyman
• Success means being able to enjoy the time with family while building a legacy

 Connect with Ryan

Facebook: https://www.facebook.com/ryan.dumas3 

LinkedIn: https://www.linkedin.com/in/ryan-dumas-77280482/ 

Phone: 727 729 2647

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Tweetable Quote:

"[In real estate], everybody's experience is different. You don't want to be going to 20 conferences a year and being in 10 masterminds… You have to have that medium slope of having a coach or two coaches, being in a mentorship or two, learning… having that right mindset, hanging out with people that have that right mindset like you, those same goals as you, that can work with you. " - Ryan Dumas

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Do you want to know how cost segregation can help real estate owners lower their income tax liability? 

In this episode, we'll explore how cost segregation works and the benefits it can offer. We'll discuss the properties it applies to, such as single-family, retail, office, industrial, and self-storage. We'll cover different depreciation methods, such as five-year and 15-year property classifications. We'll also explain when to do a cost segregation study and how it works with CPAs. Plus, we'll give you the lowdown on bonus depreciation and the cost savings opportunities associated with cost segregation on previously owned properties. 

Tune in to this episode to learn everything you need about cost segregation!

[00:00 - 05:58] Unlock the Benefits of Cost Segregation

• Cost Segregation is a tax strategy that allows real estate owners to lower their income tax liability
• It involves breaking down the property into its components and assigning different valuable lives, values, and timeframes for depreciation
• Cost segregation can be done in the first year of ownership or on a property owned for many years

[10:56 - 19:34] Maximizing Your Tax Benefits

• Most accounting firms do not do cost segregation in-house
• CPAs are not tax strategists and do not advise on tax strategies
• Cost segregation studies can be done by a third-party firm or DIY software
• Depreciation deductions can only offset passive income unless you are a real estate professional

[19:35 - 26:15] Recapture Tax

• Recapture tax means when you sell a property, you're subject to capital gain tax on the amount of profit between the purchase price and sale price
• The recapture tax is broken down into three levels, with some portions taxed at 25

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WHERE CAN I LEARN MORE?

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None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

"Cost segregation is a tax strategy that allows real estate owners to lower their income tax liability by increasing deductions during the early years of ownership." - Yonah Weiss

"The depreciation is not intrinsic to the property. It's intrinsic to the property owner, which means every time the property changes hands, you get to start over that 27-and-a-half-year schedule."" - Yonah Weiss

"No one likes paying huge amounts of tax. The best strategy I've found and have seen hundreds of people literally use is self-managing your short term rentals." - Yonah Weiss

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Barrett Lindberg joins us to discuss opportunity zones - an innovative program that provides major tax incentives for long-term investments in low-income areas designated as opportunity zones. We explore how real estate investors can utilize opportunity zones to eliminate capital gains tax and recapture on properties by combining tax deferrals with cost segregation and bonus depreciation over long hold periods.

Barrett Linburg is a co-founder of Dallas-based Savoy Equity Partners, which specializes in multifamily real estate investments. With 17 years in commercial real estate, Barrett has expertise in sourcing and capitalizing multifamily projects in all parts of a real estate cycle. 

[00:00 - 06:47] Barrett’s Early Professional Journey

• Started in commercial mortgage brokerage for hotels and apartments after college
• Persisted through the 2008 financial crisis by networking and building connections
• Began buying and renovating multifamily properties in Dallas up to 2000 units

[06:48 - 18:10] What You Need to Know About Opportunity Zones

• Bipartisan program to incentivize investments into low-income areas
• Tax benefits include deferrals on gains, no capital gains after 10 years, and no depreciation recapture
• 3 types of properties qualify - original use, vacant land, substantial renovation

[18:11 - 28:37] Projects on OZ and Improving Communities

• Focused efforts by acquiring 20+ properties within one OZ area
• Revitalized a high-crime Dallas neighborhood by upgrading properties
• The competition status in Opportunity Zone projects

[28:38 - 33:44] The Final Four: Worst Job, Book, Skill to Learn, & Definition of Success

• Worst job ever was being a sandwich artist
• Book that gave a paradigm shift: "Shadow Divers” by Robert Kurson
• Skill/talent to learn: Flying a plane
• Success means being able to set your own schedule

Resources Mentioned

Novogradac

Connect with Barrett

Website:https://savoyequity.com/

Twitter: https://twitter.com/dallasaptgp 

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WHERE CAN I LEARN MORE?

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Tweetable Quote:

"The goalposts always move, right? And some days that’s money. Some days that’s, I just want to spend time with my family. But I think ultimately it revolves around family, being able to spend time with them and set your own schedule and do that." - Barrett Linburg

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