Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties
(By Avery Carl)
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| Author | Avery Carl |
Airbnb, Vrbo, and other listing services have become massively popular in recent years—why not tap into the goldmine? 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 their long-term rental counterparts. Avery Carl, CEO and Founder of the Short Term Shop, will show you how to identify, acquire, and manage a short-term rental from anywhere in the country, plus how to avoid common pitfalls and overcome limitations 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”
