5 • 683 Ratings
🗓️ 22 August 2024
⏱️ 51 minutes
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0:00.0 | What's up, guys? Welcome back to another episode of the Action Academy podcast, Corporate America's |
0:04.5 | Least favorite podcast. I am your humble host and God Brian Lubin, helping you replace corporate |
0:09.1 | with cash flow. Today's guest is an absolute baller. Miss Avery Carl, founder and current CEO of |
0:17.0 | the short-term shop. It is a top nation-leading E-XP realty team that specializes in helping people |
0:23.7 | buy short-term rentals and vacation destinations. Her and her husband together have eight short-term |
0:28.7 | rentals, 75 apartment units, a bunch of single-family homes, a top real estate team, and a mortgage |
0:34.9 | company. They cash flow $2.5 million dollars per year, and a lot of that |
0:41.1 | is take home. And they are absolute ballers. So guys, they did not start from silver spoons in their |
0:48.3 | mouths. They didn't start with some crazy strategy. They started with $8,000 while working their |
0:53.1 | corporate jobs, being denied by an investment |
0:56.3 | company that was trying to teach them how to invest their money. They said, dude, you do not |
1:00.8 | have enough money. Get out of here. $8,000 isn't enough to invest with. They began investing in |
1:05.5 | real estate. They told them to shove it and became worth eight figures just a few short years later. So from $8,000 to |
1:14.2 | eight figures, they are worth well over $10 million in equity. And they are good friends. |
1:19.8 | They absolutely crush this podcast episode. In today's show, I talked to Avery about how she |
1:25.5 | sequentially built these businesses, from her real estate team, |
1:29.3 | to her mortgage company, to her short-term rentals. How did she pivot from there to her |
1:33.8 | multifamily units? How does she think about clarity and finding clarity within her asset classes? |
1:40.7 | What did she do when her apartment complex burned down? What's going on in today's short-term rental market? |
1:46.2 | And lastly, why is starting a short-term rental cleaning company quite possibly the worst |
1:50.5 | business idea ever? |
1:52.3 | Today's show is wonderful, guys. |
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