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Ep 195: 0-105 Doors in 5yrs w/ The World Famous Avery Carl!
Description
Avery Carl scaled from zero to 105 rental properties in five years by starting with short-term vacation rentals that generated 50% to 100% cash-on-cash returns in the Smoky Mountains, then expanding into long-term multifamily using creative down-payment strategies including 10% vacation home loans, 401k loans, and 50-50 partnerships. She now runs The Short Term Shop, a real estate team with 30 agents across 10 vacation markets, plus an in-house mortgage company, and teaches clients her remote self-management system - all eight of her short-terms managed by her husband Luke and one part-time VA.
The episode covers her market selection philosophy (established vacation destinations only, avoiding metro-area regulatory risk), the Hurricane Ike rebuilding opportunity in Crystal Beach Texas where five-bedroom beachfront homes still sell for $500k, how COVID extended shoulder seasons and lifted nightly rates 10%, the dramatic shift in Smoky Mountains pricing from 100% returns in 2019 to $800k entry points today, and her advice that new investors build cash flow faster with short-terms first, then scale into other asset classes.
Work with us. Interested in professional management or consulting?
Myka — Sharebnb: www.sharebnb.com
Steve — Argest Rentals: www.ArgestRentals.com
Sign up for PadSplit with Steve's link and get a free 1-on-1 PadSplit strategy call with Stevie Stacks: padsplit.com/hosts
Myka's other podcast, Entrepremarriage — building wealth without losing the marriage: youtube.com/@Entrepremarriage
All our links: linktr.ee/liveletthrive
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