On today’s episode, Rich sits down with Avery Carl – Real Estate Investor, Author of Amazon’s best-seller “Short Term Rental, Long Term Wealth,” Host of “The Short Term Show” Podcast, and CEO of The Short Term Shop. Avery’s company has connected investors with over 5,000 cash-flowing short-term rental properties since 2018. Avery went from a $37,000 salary to a real estate portfolio of over 220 doors in 5 years through strategically investing in short-term and vacation rentals. 

Rich and Avery start off by discussing connecting for the first time, transitioning neighborhoods and 1031 exchanges, how Avery met her husband, how she went from playing music in dive bars to investing in real estate, and why Avery and Rich stopped drinking.

They then reflect on the opportunity for growth in San Diego, undesirable markets and cap rates, how Avery’s real estate strategy has shifted in the last few years, property damage and insurance claims, and the fundamentals of real estate.

Lastly, they talk about pent up demand in the market, how to get into real estate investing, transitioning into boutique hotels, buying real estate with your partner, what Avery is looking forward to in 2024, and Avery’s advice for new investors. 

Connect with Avery on Instagram: @theshorttermshop

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Connect with Rich on Instagram: @rich_somers

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