EPISODE 74: Avery Carl Breaks Down Her Portfolio of 250 Doors & Did Amber Heard Stay in This Airbnb?!
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Interview with Avery Carl from the Short Term Shop
Introduce yourself
That very first property that made as much as your salaried job, that was a long-term rental?
Do you think that those numbers, were those just 2015 numbers or could that still be done today with long term?
Can you give us a CliffsNotes version of how you went from that one long-term rental to now eight years later, 250 doors with no partners?
Do you feel like your growth up to 250 doors was similar in a purchasing phase? Was it exponential like that? Or what did the growth look like?
How did you choose which properties would be STR vs LTR?
Why are you using a property manager for a long term rental?
With the property or with your portfolio now of 250 doors, have you ever used leverage or equity in one to purchase the next one? Or was this all just from your real estate business and, and income?
With the property or with your portfolio now of 250 doors, have you ever used leverage or equity in one to purchase the next one? Or was this all just from your real estate business and, and income?
Are you at the point now where you're actually enjoying the money for your lifestyle, or are you still in a scale phase?
What is the number that you felt like you achieved or you made it?
I know that you have a property manager for your long terms, but are the profit margins like so slim that it is tough to stay ahead of it, or are you guys comfortable with those?
So if you have people who keep renewing their lease at market rent then that's it. Right? You're planning that, like, we're just gonna cover our mortgage for now—the strategy is more about equity and then it is gonna be a few years before you're seeing profit?
Do you actually physically walk all your new properties before purchasing or do you just get like a FaceTime call?
What are you comfortable with in terms of amount of rehab required?
What down payments are you guys putting? What percent do you have to do and what options are available with this commercial aspect rather than people financing for short terms?
What are some of your other creative endeavors?
How did your book deal become to be?
How are you raising your kids within all this environment? Do they know you’re wealthy?
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Am I the Airbnb-hole?
Someone take a LOAD off this host for this CRAPPY, SHITTY situation.