2024 the best rental review

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(as of Dec 13, 2024 14:19:09 UTC - Details)

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 investingAnalyze the potential income and profitability of a short-term-rental propertySelf-manage a short-term rental right from your smartphoneBuild a local boots-on-the-ground team for an out-of-state investmentAutomate your self-management systemsUse the income from short-term rentals to scale your investment portfolio
Reviewer: Angela Rea
Rating: 5.0 out of 5 stars
Title: Could not put the book down and finished in less than 24hrs!
Review: I have pre-ordered this book when I stumbled upon Avery on Bigger Pockets. This book is gold! My husband and I have been thinking of Real Estate for years now and have not had some downtime with our 11addresses worth of moves until settling here in Virginia with our 2little kids. I started looking and learning everything I could, from forums to reaching out and networking this past year and quite honestly haven't had enough courage to pull the trigger again. We put an offer on a beach home this past month and were discouraged that despite offering 20k over, we were outbid along with the 22 other offers the sellers received. We were disheartened, to say the least and started thinking we should pause our process.Then came this book in the mail!!! I finished this book in less than 24 hours, along with my highlighter and page markers! I could not put this book down! This book is so great, I feel inspired and pumped to venture out, and even greater my husband who was the more skeptic between the two of us is as pumped as me. I was reciting paragraphs to him of things that we could relate so much, which really the entire book! By the time I was finished, he was more confident and is ready to make offers!!! This was the extra boost we were missing!I could go on for days how great this book is! Anyone who is thinking of real estate should definitely give this book a read! It was easy, simple, concise, and direct to the point!

Reviewer: Colin Rawlings
Rating: 5.0 out of 5 stars
Title: Great information
Review: Avery Carl wrote a top notch book. I read Michael Elefante’s book first. While it was an alright book it left something to be desired. This book on the other hand provides all of the information to answer your questions and then some. The fact that Avery is also a licensed realtor lends itself to the information provided throughout each chapter. Start with Michael Elefante’s book to dip your toes in the STR information pool then immediately follow up with this to dive head first and answer the remainder of your questions.

Reviewer: Bill Lyons
Rating: 5.0 out of 5 stars
Title: Outsanding STR Book!
Review: To be honest, I wasn't expecting much out of this book, but I bought it anyway based on a Realtor's recommendation. I was truly blown away; it went into every step-by-step detail on how to build wealth through STRs. My company is a STR DSCR direct lender, and we are going to share this book with all of our clients. The only thing outdated in the book (it looks like the book was written in 2020/2021) is on pages 38-40 regarding STR financing. The second home strategy no longer works (even if you are using it for part of the year). Ever since the GSEs added loan level pricing adjustments (LLPAs) in 2022 for 2nd homes, the interest rates and buydown points don't pencil out, and you are better off going with a Non-QM DSCR loan. There are also investor syndicate LLC strategies that you can deploy to acquire STRs. Regardless of those 3 pages being outdated, it covers anything and everything short-term rental investing. Quick easy read, and a reference guide on your STR journey.

Reviewer: Nirmal
Rating: 5.0 out of 5 stars
Title: Best book in Short Term Rental arena
Review: This is one of best books I have ever read. I was new to short term rental world. This book walks you through the entire process from identifying the location, identifying the property, analyzing the property, putting it under contract, preparing it for short term rental, setting up the accounts with the hosting platforms, PMS and dynamic pricing, and then managing it for guest satisfaction and optimizing the revenue.The entire journey is made so easy.Along the journey it walks you through what to do and more importantly what NOT to do.The style of narrative is very simple, crisp and to the point.A must read for all the investors wanting to get into STR space or that are already in STR space.

Reviewer: Scott
Rating: 4.0 out of 5 stars
Title: Decent but very general
Review: If you're looking for a deep dive on this subject, this isn't it. There are some good nuggets of info, but be prepared to do a lot more research (as you should) if this is something you're wanting to do and are starting from square 1.

Reviewer: Joe
Rating: 5.0 out of 5 stars
Title: Great information.
Review: Well written.

Reviewer: M. Smith
Rating: 5.0 out of 5 stars
Title: Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacatio
Review: Very informative information.

Reviewer: DD
Rating: 5.0 out of 5 stars
Title: Great read to kickstart your STR journey!
Review: This is an excellent starting point book to read if you have interest in jumping in to the short term rental market/ management arena. Very simple and practical guidelines to streamline the entire process. Everything is broken down in simple and manageable sections. Easy and fast to read. Avery is a rock star in the STR world!

Reviewer: Leandro
Rating: 5.0 out of 5 stars
Title:
Review: Thank you Avery for this amazing book, from a to z, every step was covered.Can't wait to know a little bit more about the str shop.Milles merci depuis Quebec, Canada.Best regardsLeo

Reviewer: Amazon Customer
Rating: 5.0 out of 5 stars
Title:
Review: Avery is the expert on short term rentals. She breaks down exactly how to run one, from afar, and makes it feel possible and realistic. I’m currently working with her company, the short term shop, to purchase my first STR and I couldn’t be more excited.

Reviewer: yukonsara
Rating: 5.0 out of 5 stars
Title:
Review: I found this short term rental book helpful and very well written. I'm about to embark on my short term first rental property and there was a ton of useful information in this book. The little anecdotes were very helpful. I especially liked the chapter on the cleaning and how important it is to build out your team.

Reviewer: Daniel
Rating: 5.0 out of 5 stars
Title:
Review: Really great, simple to understand, and provides loads of actionable information.Thank you for writing this book! Turned a complex topic into a manageable one.

Reviewer: Amazon Customer
Rating: 5.0 out of 5 stars
Title:
Review: Great book. Down to earth and easy to follow.