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PODCAST

Short Term Rental Management

8 Figure Airbnb and Short Term Rental Real Estate Investor Luke Carl

Welcome to Short Term Rental Management. The show about managing your short term rental from anywhere in the world. Tips in tricks to become a better host. With your host, Luke Carl, a real estate professional that began his career buying short term rentals in vacation markets in order to use the cash flow to purchase long-term rentals. Luke is the proud owner of the longest running “Airbnb” in the Smoky Mountains, and has hosted over 4000 stays in his career. He owns hundreds of units with no

business management

All Episodes

00:20:09

It's Your Time To Shine

Short Term Rental Management ·

2024/10/15

On this week's episode, Luke is highlighting what significant opportunities are available for new investors in the current real estate market. Luke reflects on his own investing journey which began over a decade ago, right after the Great Recession. He then discusses that with decreasing competition, favorable market conditions, and the emergence of a new generation of investors, those willing to take action can find success. How to connect with Luke: The Short Term Shop -

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00:14:08

Your Guests are Stressed

Short Term Rental Management ·

2024/10/08

This week's episode serves as a heartfelt reminder to all short term rental hosts to empathize with their guests and understand the various stressors they might be experiencing during their stay. Luke draws parallels between bartending and managing short term rentals, stressing the value of customer service skills and the role they play in being a good host. He also offers a reminder that guests might be dealing with various stressors, from family dynamics to financial

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01:10:09

Amanda Bax is Who You're Trying to Be

Short Term Rental Management ·

2024/10/01

On this week’s episode Amanda Bax shares her journey into real estate, starting from her experience trying to sell her home to navigating the rental market. She discusses the challenges they faced with a fire-damaged property and how her husband’s construction background helped them renovate and expand their portfolio. She shares how navigating the ups and downs of real estate led to them accumulating a portfolio of 8 long term rentals, a commercial retail plaza, a luxury

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01:10:09

Amanda Bax is Who You're Trying to Be

Short Term Rental Management ·

2024/10/01

On this week’s episode Amanda Bax shares her journey into real estate, starting from her experience trying to sell her home to navigating the rental market. She discusses the challenges they faced with a fire-damaged property and how her husband’s construction background helped them renovate and expand their portfolio. She shares how navigating the ups and downs of real estate led to them accumulating a portfolio of 8 long term rentals, a commercial retail plaza, a luxury

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00:07:11

Accept Pre-Approve Or Decline?

Short Term Rental Management ·

2024/09/24

This episode of Short Term Rental Management delves into the accept-decline system, particularly on Airbnb. He shares his recommendations for pre-approving guests and shares insights on how these decisions may impact algorithms, though he admits the exact effects are unknown. Luke also discusses his personal approach to accepting and declining guests to optimize the booking process. How to connect with Luke: The Short Term Shop - https://theshorttermshop.com/ Follow us on

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00:44:19

How We Grew to 10 Properties

Short Term Rental Management ·

2024/09/17

In this episode of Short Term Rental Management, Luke is joined by Bobby and Nicole, a dynamic duo from Orlando who have ventured into the world of property management. Bobby and Nicole shared their journey of getting started in real estate and how they were able to acquire about 1 property per year for multiple years. They shared insights into their property management strategies, including the importance of hands-on management, optimizing listings, and staying on top of market

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00:18:54

Kiyosaki Vs Cardone Vs Ramsey

Short Term Rental Management ·

2024/09/10

This week Luke is diving into the world of money management and exploring different philosophies from three financial gurus: Dave Ramsey, Grant Cardone, and Robert Kiyosaki. Luke breaks down each of these philosophies and shares personal insights on overcoming poor money mindset ingrained from upbringing, highlighting the impact of family beliefs on financial success. How to connect with Luke: The Short Term Shop - https://theshorttermshop.com/ Follow us on Instagram Follow

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00:44:50

Charlotte Pro PM with Caleb

Short Term Rental Management ·

2024/09/03

In this episode of the Short Term Rental Management podcast, Luke had the pleasure of chatting with Caleb Shore, a property manager from Charlotte, North Carolina. Caleb shared his journey into STRs, starting with a long term rental that he and his business partner converted into a short term rental just before the COVID-19 pandemic. Despite initial setbacks, they adapted by targeting work from home travelers, which led to the eventual formation of their company, MyTripify

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00:44:50

Charlotte Pro PM with Caleb

Short Term Rental Management ·

2024/09/03

In this episode of the Short Term Rental Management podcast, Luke had the pleasure of chatting with Caleb Shore, a property manager from Charlotte, North Carolina. Caleb shared his journey into STRs, starting with a long term rental that he and his business partner converted into a short term rental just before the COVID-19 pandemic. Despite initial setbacks, they adapted by targeting work from home travelers, which led to the eventual formation of their company, MyTripify. Caleb also highlighted

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00:13:04

Should My Cleaner Ask for Gratuity?

Short Term Rental Management ·

2024/08/27

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00:13:04

Should My Cleaner Ask for Gratuity?

Short Term Rental Management ·

2024/08/27

Welcome to another episode of Short Term Rental Management! Today, Luke dives into a hot topic that often sparks debate in the STR community: should we allow our cleaners to ask for tips? Luke reflects on his experiences in the bar business and his modest upbringing as he shares his perspective on tipping culture and why he encourages cleaners to ask for tips. How to connect with Luke: The Short Term Shop - https://theshorttermshop.com/ Follow us on Instagram Follow us on

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00:47:14

Professional PM in Costa Rica

Short Term Rental Management ·

2024/08/20

In this week's episode we are joined by Nick Halverson, a very fascinating guest who owns a property management company in Costa Rica! Nick recounts the ups and downs of his real estate ventures, including dealing with environmental regulations, partner disputes, and the financial crisis of 2008. He also discusses the eventual dissolution of his initial partnership and the lessons learned from mismanagement and misappropriation of funds. Nick also shares insights into the

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00:47:14

Professional PM in Costa Rica

Short Term Rental Management ·

2024/08/20

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00:17:56

I Got a Bad Review

Short Term Rental Management ·

2024/08/13

In this episode, Luke is revisiting the topic of receiving bad reviews. The discussion revolves around the idea of whether hosts deserve negative feedback and how to learn from such reviews. Luke emphasizes the importance of reviews in the rental business and shares insights on dealing with the stress and impact of receiving negative feedback. How to connect with Luke: The Short Term Shop - https://theshorttermshop.com/ Follow us on Instagram Follow us on TikTok Join the

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00:17:56

I Got a Bad Review

Short Term Rental Management ·

2024/08/13

In this episode, Luke is revisiting the topic of receiving bad reviews.The discussion revolves around the idea of whether hosts deserve negative feedback and how to learn from such reviews. Luke emphasizes the importance of reviews in the rental business and shares insights on dealing with the stress and impact of receiving negative feedback.How to connect with Luke: The Short Term Shop - https://theshorttermshop.com/ Follow us on Instagram Follow us on

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00:40:59

Pivoting into a PM

Short Term Rental Management ·

2024/08/06

In this episode Luke is joined by Stephen Patasky, Founder and CEO of The Luxus Group.Stephen shares his journey that began 18 years ago when he and his wife, expecting their first child, sought a way to continue their love for travel without the uncertainties of hotels and inconsistent vacation rentals.This led to the creation of the Luxus Group, a fractional ownership model for vacation homes. Luke and Stevealso discuss the challenges and successes of managing a portfolio like Steve's, including

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00:40:59

Pivoting into a PM

Short Term Rental Management ·

2024/08/06

In this episode Luke is joined by Stephen Patasky, Founder and CEO of The Luxus Group. Stephen shares his journey that began 18 years ago when he and his wife, expecting their first child, sought a way to continue their love for travel without the uncertainties of hotels and inconsistent vacation rentals. This led to the creation of the Luxus Group, a fractional ownership model for vacation homes. Luke and Steve also discuss the challenges and successes of managing a portfolio

en

00:28:30

Real Estate Parenting: The Kids Come First

Short Term Rental Management ·

2024/07/30

This week Luke discusses the importance of parenting and prioritizing family while navigating the world of real estate investing and management. He shares his thoughts on sacrificing happiness now for happiness later and stresses the importance of staying present in the lives of your children, and reflects on his own experiences with his kids being out of school.

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00:28:30

Real Estate Parenting: The Kids Come First

Short Term Rental Management ·

2024/07/30

This week Luke discusses the importance of parenting and prioritizing family while navigating the world of real estate investing and management. He shares his thoughts on sacrificing happiness now for happiness later and stresses the importance of staying present in the lives of your children, and reflects on his own experiences with his kids being out of school. How to connect with Luke: The Short Term Shop - https://theshorttermshop.com/ Follow us on Instagram Follow us on

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00:21:20

Google Vacation Rentals

Short Term Rental Management ·

2024/07/23

This week Luke and Chuck are discussing Google Vacation Rentals.What is it? How does it work? And most importantly, how can you leverage it to get more bookings for your short-term rental properties? Chuck explains that Google vacation rentals is not an OTA like Airbnb or Vrbo, but rather an index that directs potential guests to your direct booking website or proxy. They go over how integrating Google Vacation Rentals with your PMS can streamline the booking process as well as what the user

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