In this episode of the Know Your Why Podcast, Dr. Jason Balara interviews Avery Carl, a renowned real estate investor, author, and expert in short-term rentals. Avery shares her inspiring journey from navigating financial struggles during the Great Recession to becoming a leader in vacation rental investments. She discusses her strategic shift from long-term to short-term rentals, emphasizing the importance of diversification and adaptability in building financial independence. Avery reflects on the challenges posed by rising interest rates, evolving regulations, and the unique dynamics of vacation rental markets. She highlights the balance between active and passive income, the value of taking decisive action, and her client-focused approach to real estate growth. Above all, Avery’s motivation stems from creating a family-centered lifestyle with flexibility and freedom.

- Unexpected Beginnings: Avery's real estate journey started accidentally during the Great Recession, transitioning from long-term to short-term rentals.

- Client-Led Growth: Avery’s real estate agency thrives by addressing client needs rather than pursuing aggressive sales goals.

- Adaptability in Markets: Success in short-term rentals depends on navigating market booms, rising interest rates, and changing regulations.

- Location Matters: Avery emphasizes the importance of location when choosing properties for short-term rental investments.

- Balanced Approach: Real estate success involves balancing active income with passive income and leveraging self-management for cost-effectiveness.

- Family Motivation: Avery’s ultimate goal is to design a lifestyle that prioritizes family time and financial freedom.

Avery Carl’s journey from financial uncertainty to leading the short-term rental market showcases the power of adaptability, strategic investing, and taking action. Her insights on diversification, managing vacation properties, and navigating market trends provide valuable guidance for real estate investors at any stage. This episode of the Know Your Why Podcast offers inspiration and actionable advice for building wealth while creating a life centered on family and flexibility.

Get in touch with Avery:

Check out Avery's book! https://biggerpockets.com/smarterSTR

Website: https://theshorttermshop.com

Facebook - https://www.facebook.com/theshorttermshop

YouTube - https://www.youtube.com/c/TheShortTermShop 

Instagram - https://www.instagram.com/theshorttermshop

LinkedIn - https://www.linkedin.com/in/averycarl/

TikTok - https://www.tiktok.com/@averyacarl 

If you want to know more about Dr. Jason Balara and the Know your Why Podcast:

⁠⁠https://linktr.ee/jasonbalara⁠⁠  

Audio Track:

Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license.⁠⁠ https://creativecommons.org/licenses/⁠⁠

Artist:⁠⁠ http://audionautix.com/