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.
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