Five years ago Avery Carl wasn’t an Airbnb Host. She didn’t have her real estate license, she hadn’t founded The Short Term Shop or The Mortgage Shop, and she did not have a book written on shortterm rental investing. But now, Avery has all those things, and she did all of them in only half a decade.

Avery’s first venture into real estate started by her saving up every penny she could to buy a property in Nashville. After some success, she asked, “what’s the most bang for my buck in real estate?” The answer: shortterm rentals. Seven of her units alone brought in over six figures in just July, proving her point that vacation rentals are a necessary part of any investor's asset collection.

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Join the Real Estate Rookie Facebook Group:
  / realestaterookie  
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Hear Avery’s Past Episodes on The BiggerPockets Podcast:
364: https://www.biggerpockets.com/blog/bi...
375: https://www.biggerpockets.com/blog/bi...
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Grab Your Copy of “ShortTerm Rental, LongTerm Wealth”:
https://store.biggerpockets.com/produ...
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The Short Term Shop and The Mortgage Shop:
Buying: https://theshorttermshop.com/
Funding: https://mortgageshop.co/
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Get Tony’s Custom STR Calculator:
https://alphageekcapital.com/calculator
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Software Mentioned on Today’s Episode:
AirDNA: https://www.airdna.co/
PriceLabs: https://hello.pricelabs.co/
Your Porter: https://yourporter.com/
Smartbnb: https://hospitable.com/
IGMS: https://www.igms.com/
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Follow Ashley and Tony on Instagram:
@wealthfromrentals or   / wealthfromrentals  
@tonyjrobinson or   / tonyjrobinson  

Episode 122

Show notes at: https://www.biggerpockets.com/rookie122

0:00 Intro
7:23 0 to 96 Units in 5 Short Years
13:19 Why Not Be 100% ShortTerm?
16:07 How to Analyze a Market for ShortTerm Rentals
21:11 Are You Overpaying?
24:04 Systems and Software for STRs
27:44 Analyzing a ShortTerm Rental
30:41 Managing Your ShortTerm Rentals
38:14 Mindset Segment
39:56 Rookie Rockstar
41:14 1031 Exchanging