Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties

Avery Carl,Avery Carl
Publisher: Biggerpockets Publishing, LLC
November 16 2021
EAN: 9781947200449
ISBN: 1947200445

Items marked as WAREHOUSE may take additional time to be delivered to your address or picked up in the store.

Synopsis:

From analyzing potential properties to effectively managing your listings, this book is your one-stop resource for making a profit with short-term rentals!

Airbnb, Vrbo, and other listing services have become massively popular in recent years--why not tap into the gold mine? 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 long-term rentals. Avery Carl, the CEO and founder of The Short Term Shop, will show you how to choose, acquire, and manage a short-term rental from anywhere in the country, plus how to avoid common pitfalls and overcome obstacles 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