Short-Term Rentals Lead To Long-Term Wealth
Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based
Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based
2.5 • 884 Ratings
🗓️ 22 June 2023
⏱️ 12 minutes
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| 0:00.0 | Avery Carl, how are you? |
| 0:02.0 | Pretty good, how are you? |
| 0:03.0 | Really excited to have you on the podcast. |
| 0:05.0 | So you are a entrepreneur, Airbnb specialist, like, what do you do? |
| 0:12.8 | Yeah, a lot of things, a lot of things. |
| 0:15.2 | So I'm an investor first, so I've got a portfolio of about 250 doors |
| 0:19.8 | for about 30 million. |
| 0:21.3 | And I was able to get from zero to 250 over the course of |
| 0:25.8 | about five and a half years because I strategically invested in short-term |
| 0:29.9 | rentals first so a lot of like short-term rental influencers etc. |
| 0:34.5 | Or like short-term rentals that's it that's all that's all we do. |
| 0:37.3 | So I do everything I've got eight of my doors are short terms and the rest are |
| 0:41.3 | traditional like multifamily long terms of |
| 0:43.8 | single family and duplex buy and hold long term so my strategy was and is to |
| 0:49.6 | use that cash flow for generated by-term rentals to go scale my portfolio in other ways. |
| 0:55.8 | So I was able to do that much more quickly by investing in short-term rentals towards the beginning of my building my portfolio. |
| 1:02.1 | Yeah. Then if I started with traditional long terms. I also have the |
| 1:05.0 | short-term shop which is the country's biggest maybe only but at least biggest |
| 1:09.2 | short-term rental specific real estate team it's it's like a brokerage within a |
| 1:14.2 | brokerage under eXP I have to say that or else I get trouble with them. But so we |
| 1:19.0 | focus exclusively on short term rentals we have offices in 15 markets that are all you know short-term |
| 1:24.0 | rental specific markets with good regulations and things like that I wrote a |
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