
Investing in Short Term Rentals with Your Spouse
About this episode
Avery Carl - real estate agent extraordinaire hosts The Short Term Show - the podcast with a focus on short term investment for long term wealth in real estate. Husband and wife team, Luke and Avery Carl, together with a great team, run a successful short term real-estate business called “The Short Term Shop”. Avery and Luke co-founded the business after realising that there’s a market for people who want to get into investing in short term rental property - but don't know where to start.
The guest today is none other than Avery’s husband Luke. He is the education and management specialist for The Short Term Shop University while Avery specializes in connecting investors with short term rentals with the highest ROI potential, and then training them to manage their short term rental from anywhere in the world.
Discussion Points
- Luke’s Background
- Getting into real estate investing
- Luke’s First Deal
- First Single Family home Long term rental investment
- Why do short term rental investments?
- Getting advice from the “enemy” on getting started in short term rentals
- The value of a mentor
- Structuring a partnership in property investment
- What constitutes a good deal?
- Managing a property
- Hiring a housekeeper
- Avoiding bad reviews by weeding out bad guests
- Software to assist property management
- Advice for “newbie” short term rental property investors
- Luke’s most recent favourite book
Resources
The Short Term Shop University
The Short Term Shop Facebook Group
The Six Week Rule (STS YouTube)
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