Are interest rates holding you back? With Avery Carl

This week, Jamie sits down with Avery Carl, CEO and founder of The Short Term Shop. Like many others, Avery stumbled into this industry after owning a long-term rental in Nashville and a short-term rental in the Smokies. Over time, people began to ask her about her rentals, and things organically grew into what is now known as The Short Term Shop. Avery’s real estate agency, operating under EXP, boasts a team of 70 agents across 19 vacation rental markets.

In today’s uncertain market, Avery says she sees a lot of ‘shadow demand’ for properties: people have cash on hand and are waiting for a shift in interest rates or purchase prices before making a move. She states that prices are decreasing, but not significantly, because of this.

In the episode, we discuss what it takes to own a top-tier property in today’s market and the key factors to consider when investing. Avery also deconstructs her famous "Enemy Method" and explains why it is beneficial to adopt this strategy when investing in a short-term rental.

You don’t want to miss this episode!

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Connect with Avery:

Strquestions.com

TheShortTermShop.com

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Up Next:

Finding Your Dream Home with Paul Kromidas

In this week’s episode, Jamie sits down with Paul Kromidas, CEO and Co-Founder of Summer. Paul started his journey in the short-term rental industry working on the Lux team at Airbnb, with a mission to introduce luxury short-term rentals into the market. Despite these types of rentals being notorious for generating the lowest occupancy rates in the industry, they saw the most significant increase during the pandemic. With Summer, Paul now assists homeowners in not only finding but also investing in their dream homes, all while maintaining top-tier quality.

Summer sets itself apart with its unique business model, which extends beyond just helping you find your perfect home: they offer a spectrum of purchasing options ranging from gradual ownership, to immediate ownership, and even an innovative “try before you buy” method. Going the extra mile, Summer takes care of all design elements, furnishings, and even managing renovations. They assist homeowners in finding their ideal investment properties and, beyond that, they also manage these properties to ensure a high-end stay for their guests.

In our deep dive, we explore Paul's aspirations to help individuals break into this industry and his dedication to maintaining the quality of vacation stays.

You don’t want to miss this episode!

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Connect with Paul:

www.gosummer.com

https://www.instagram.com/startsummering/

https://www.facebook.com/startsummering

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Signup for AirDNA for FREE👇

https://app.airdna.co/data

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Connect with Jamie on LinkedIn and Twitter:

LinkedIn: https://www.linkedin.com/in/jamiehlane/