How She Bought Over 200 Doors In 5 Years | Avery Carl
Wealthy Way
Ryan Pineda
4.8 • 2.1K Ratings
🗓️ 15 October 2022
⏱️ 54 minutes
🧾️ Download transcript
Summary
Today I've got Avery Carl on! Avery is the founder of The Short-Term Shop. She also wrote a book with Bigger Pockets, "Short Term Rental Long Term Wealth" that has been very successful. I've also had some of my students mention Avery as someone we need to get on the show and in our events because she's the short-term rental expert! So here she is!
Connect with Avery!
Website - https://theshorttermshop.com/
Schedule a call - https://calendly.com/theshorttermshop/stsconsultation1?month=2022-10
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Avery started her career as a marketing manager making $37K per year. Avery was unhappy in that career, so she shifted to real estate. Avery is now a real estate agent, team leader, and investor. Avery accumulated over 200 doors within five and a half years! In today's show, I ask Avery all about how she chooses properties, markets, etc for her target profits. Listen in to hear all about how she's built out this niche!
real estate, real estate investing, short term rentals, real estate agents, real estate course, how to manage short term rentals
Transcript
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| 0:00.0 | All right, today I've got Avery Carl on Avery is the founder of the short term shop, right? |
| 0:06.8 | Right. And you also wrote a book with bigger pockets called short term rental long term wealth. |
| 0:14.1 | That's been very successful. And I've actually had some of my students mention you before too |
| 0:20.3 | as somebody that we need to get on the show, get in our events as just the short term rental expert. |
| 0:26.7 | So here you're here. I'm here, here, right? You made it. Thanks for |
| 0:29.9 | having me. Yeah. So tell me a little bit about who you are for those who don't know you. |
| 0:36.0 | Yeah. So my name is Avery Carl. I'm a real estate investor. I have 220 doors. I'm also a real estate |
| 0:43.4 | agent or a team leader now. We have a team with any exp, I can't call it a brokerage, but |
| 0:50.4 | or exp will get mad at me. But my team is short term shop, sells short term rentals, buys and sells |
| 0:55.7 | short term rentals are four clients. Sorry, I misrepresented that. We are a team that sells real estate. |
| 1:02.0 | And we've got offices in 15 of the top vacation rental markets in the country. So we do that. We |
| 1:07.3 | educate all our clients on how to manage their own short term rentals so that they don't have to |
| 1:12.2 | pay a property manager that 25 to 40% and they can really kind of scale and bootstrap so that they |
| 1:18.7 | can scale more quickly. So I personally started out working in the music business as a marketing manager. |
| 1:25.5 | I was making $37,000 a year and just really unhappy with that. And we kind of backed into real estate |
| 1:32.4 | investing, which we can get into later if you want. But what's worked for me is I've we've gone |
| 1:39.8 | from zero to 220 doors over the course of about five and a half years. And we were able to do that |
| 1:45.7 | because five of our first six investments were short term rentals and they cash flow so much |
| 1:51.0 | heavier than traditional long term rentals that we were able to scale our portfolio much more quickly |
| 1:55.8 | than if we had just started with traditional single family long term. So that's kind of like my strategy |
| 2:01.0 | and what we teach our clients and what we teach in our education. So that's a little bit about me. |
| 2:07.3 | Yeah, there's a lot to unpack there. So I mean, for one, going from zero to over 200 doors and we're |
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