Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties

by Avery Carl

Overview

From analyzing potential properties to effectively managing your listings, this book is your one-stop resource for making a profit with short-term rentals!

Airbnb, Vrbo, and other listing services have become massively popular in recent years—why not tap into the gold mine? Whether you’re new to real estate investing or you want to add a new strategy to your growing portfolio, vacation rentals can be an extremely lucrative way to add an extra income stream—but only if you acquire and manage your properties correctly.

Traditional rental properties are a great way to create wealth, but short-term rentals can bring in five times more cash flow than long-term rentals. Avery Carl, the CEO and founder of The Short Term Shop, will show you how to choose, acquire, and manage a short-term rental from anywhere in the country, plus how to avoid common pitfalls and overcome obstacles that keep many would-be investors from ever getting started!

In this book, you’ll learn how to:

Identify the best markets for short-term-rental investing

Analyze the potential income and profitability of a short-term-rental property

Self-manage a short-term rental right from your smartphone

Build a local boots-on-the-ground team for an out-of-state investment

Automate your self-management systems

Use the income from short-term rentals to scale your investment portfolio

Product Details

ISBN-13:	9781947200456
Publisher:	BiggerPockets Publishing
Publication date:	11/16/2021
Sold by:	Barnes & Noble
Format:	eBook
Sales rank:	512,908
File size:	2 MB

About the Author

Avery Carl is the CEO and founder of The Short Term Shop, a real estate sales team that specializes in helping investors locate, analyze, and acquire profitable short-term rentals in the most stable markets in the country. As a Wall Street Journal Top 100 Agent, she has helped more than a thousand clients close on short-term-rental deals. Avery has personally invested in more than forty deals, including short-term rentals in three different markets as well as buy-and-hold single-family and multifamily properties. In her free time, Avery enjoys collecting vintage guitars, running marathons, and, most important, hanging out with her family. She splits her time between Destin, Florida, and the Great Smoky Mountains in Tennessee.