Episode #1082
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Is now finally the time to get back into Airbnb investing? We all knew about the Airbnb bubble that formed shortly after lockdowns. With low interest rates and local vacationing exploding, everyone wanted to cash in on the short-term rental craze. The result? Inexperienced hosts flooded the market with half-baked Airbnb listings, leading to an oversaturation in vacation rentals and stricter short-term rental laws. But things are beginning to change.
Avery Carl, arguably the most knowledgeable short-term rental investor in the country and author of "Smarter Short-Term Rentals," has NEVER sold a vacation rental due to poor performance. In fact, she’s stayed booked and busy while new short-term rental investors struggle to fill their units. How does she do it? And why does she think now is the time to double down on traditional vacation rental markets?
Avery gives her expert advice on where (and what) to buy, how to boost your Airbnb bookings even in crowded markets, and why you don’t need every amenity under the sun to attract guests. Plus, why are Airbnb bans a good thing? Avery shares why some investors will thrive while others fight to survive in the new short-term rental space.
00:00 Intro
01:43 Short-Term Rental Market Update
04:54 Newbies Scared Off?
06:52 What to Buy Right Now
09:52 Picking an Airbnb Market
12:10 RELAX with the Amenities
17:42 Is Your Airbnb Underperforming?
23:57 Future of Short-Term Rentals
27:45 Grab Avery’s Book!