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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

00:51:21

Baselane Bank

Short Term Rental Management ·

2024/12/03

This week Luke is joined by Saad Dar from Baselane Bank. They discussed the unique features of Baselane, such as the ability to manage all financial aspects of real estate investments from a single platform. This includes automated bookkeeping, virtual debit cards for specific expenses, and multi-user access for team members or virtual assistants. Saad emphasized how Baselane can save investors significant time and money, making it easier to scale their portfolios. They also

en

00:51:21

Baselane Bank

Short Term Rental Management ·

2024/12/03

This week Luke is joined by Saad Dar from Baselane Bank. They discussed the unique features of Baselane, such as the ability to manage all financial aspects of real estate investments from a single platform. This includes automated bookkeeping, virtual debit cards for specific expenses, and multi-user access for team members or virtual assistants. Saad emphasized how Baselane can save investors significant time and money, making it easier to scale their portfolios. They also

en

00:44:01

Worlds Largest, Smallest, Most reviewed, Weirdest,...

Short Term Rental Management ·

2024/11/26

This week's episode is something a little bit different where Luke reviewed some special listings he found on Airbnb. He scanned through each listing, the description, the photos, calendar pricing and more to determine if it earned the Cashflow Carl stamp of approval. He went through the positives and negatives and offered tips on how he thought each listing could be improved. Click the links below to see the Airbnbs for yourself! Largest Airbnb Smallest Airbnb Most Reviewed

en

00:44:01

Worlds Largest, Smallest, Most reviewed, Weirdest,...

Short Term Rental Management ·

2024/11/26

This week's episode is something a little bit different where Luke reviewed some special listings he found on Airbnb. He scanned through each listing, the description, the photos, calendar pricing and more to determine if it earned the Cashflow Carl stamp of approval. He went through the positives and negatives and offered tips on how he thought each listing could be improved. Click the links below to see the Airbnbs for yourself! Largest Airbnb Smallest Airbnb Most Reviewed

en

00:15:40

You're Not Special

Short Term Rental Management ·

2024/11/19

On this week's episode Luke covers the illusion of uniqueness when it comes to renting out homes. He highlights that managing rental properties is not a new or revolutionary concept, it's been around since the beginning of time. While platforms like Airbnb have popularized short term rentals, the fundamental principles of renting out properties remain unchanged. He also recommends getting a long term rental as a way to firmly grasp the basics of renting out a home. How to

en

00:19:08

My House is Losing Money

Short Term Rental Management ·

2024/11/12

On this week's episode, Luke dives into a common concern among new property owners: what to do when your short term rental isn't making money. He emphasizes that the core issue boils down to the balance of income versus expenses. He discusses several reasons why a property might not be profitable and stresses the importance of running the numbers before purchasing a property and being realistic about the time it takes to see returns in real estate. How to connect with

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01:19:16

Blue Ridge & Broken Bow Airbnbs

Short Term Rental Management ·

2024/11/05

This week Luke is joined by short term shopper Jack Cronin who is based in NYC. Jack shared his journey into real estate, which began with his family's traditional approach to homeownership and evolved into a passion for investing in rental properties. Jack and his fiancée, both lifelong renters, have built a diverse portfolio that includes long term rentals in Mississippi and short term rentals in Blue Ridge and Broken Bow. They then delved into Jack's strategy for short term

en

00:22:34

The American People Have Leveled Up

Short Term Rental Management ·

2024/10/29

On this week's episode of Short Term Rental Management, Luke reflects on the post-COVID economy and the financial challenges we currently face, dubbing it the "false level up of the COVID era." He shares personal anecdotes from March 2020, a time filled with uncertainty and fear, especially as a new parent. Luke also reiterates that despite the economic challenges we currently face, there is hope. He notes that the travel industry is projected to see $1.3 trillion in spending by

en

00:22:34

The American People Have Leveled Up

Short Term Rental Management ·

2024/10/29

On this week's episode of Short Term Rental Management, Luke reflects on the post-COVID economy and the financial challenges we currently face, dubbing it the "false level up of the COVID era." He shares personal anecdotes from March 2020, a time filled with uncertainty and fear, especially as a new parent. Luke also reiterates that despite the economic challenges we currently face, there is hope. He notes that the travel industry is projected to see $1.3 trillion in spending by

en

00:25:25

What Does Financial Freedom Mean to You?

Short Term Rental Management ·

2024/10/22

On this week's episode of Short Term Rental Management, Luke dives into the concept of financial freedom. He explores what financial freedom means, emphasizing that it can vary significantly from person to person. Luke encourages listeners to assess their current financial situation, asking thought-provoking questions about their assets and liabilities, such as the number of cars they own and whether they carry loans on them. He also hints at the importance of investing in

en

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 -

en

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

en

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

en

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

en

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

en

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

en

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

en

00:13:04

Should My Cleaner Ask for Gratuity?

Short Term Rental Management ·

2024/08/27

en

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