Short Term Rental Management

By: Luke Carl
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  • Summary

  • 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 partners -including multi-family, single-family long terms, and of course, short term rentals.
    © 2023
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Economics Management
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Episodes
  • You're Not Special

    You're Not Special
    Nov 19 2024

    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 connect with Luke:

    The Short Term Shop - https://theshorttermshop.com/

    Follow us on Instagram

    Follow us on TikTok

    Join the Short Term Shop Facebook group!

    Check out the Short Term Shop on Youtube



    For more information on how to get into short term rentals, read Avery Carl's Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties

    - https://amzn.to/3Adg6PA
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    16 mins
  • My House is Losing Money

    My House is Losing Money
    Nov 12 2024

    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 Luke:

    The Short Term Shop - https://theshorttermshop.com/

    Follow us on Instagram

    Follow us on TikTok

    Join the Short Term Shop Facebook group!

    Check out the Short Term Shop on Youtube



    For more information on how to get into short term rentals, read Avery Carl's Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties

    - https://amzn.to/3Adg6PA
    Show more Show less
    19 mins
  • Blue Ridge & Broken Bow Airbnbs

    Blue Ridge & Broken Bow Airbnbs
    Nov 5 2024

    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 rentals, discussing how he leverages his marketing background to optimize guest experiences and occupancy rates. He shared insights on pricing strategies, emphasizing the importance of reviews and guest satisfaction over maximizing nightly rates. Jack's approach includes offering competitive pricing during off-peak times to ensure consistent bookings, which has led to impressive occupancy rates.

    How to connect with Luke:

    The Short Term Shop - https://theshorttermshop.com/

    Follow us on Instagram

    Follow us on TikTok

    Join the Short Term Shop Facebook group!

    Check out the Short Term Shop on Youtube



    For more information on how to get into short term rentals, read Avery Carl's Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties

    - https://amzn.to/3Adg6PA
    Show more Show less
    1 hr and 19 mins

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Profile Image for John Galt

Great Information

It's great to hear content like this. I am going through an issue with our STR A/C and I was glad to see this show on the episode guide. I wish thermostats were covered a little, but perhaps they are in another episode. I was also happy to hear that buying a Trane HVAC system for our place was the right decision!

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Profile Image for Amity Krause

Bad ass!!!

I always appreciate Luke's candor and realistic point of view. He's a straight shooter and gives really great advice!

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