Episode #833

Luke Carl’s real estate “gateway drug” took him from one home to three hundred rental units in record time—and it can do the same for you. What started as a niche type of investing quickly took over the world, and Luke was able to use these mega high-cash flow properties to buy more rentals, build more wealth, and have enough real estate to do whatever he wanted, whenever he wanted. If you want that same type of financial freedom, you’ll want to copy Luke’s blueprint.

Luke and his wife, Avery, bought their first short-term rental before the term “Airbnb” even existed. They got in the game so early that they currently have the longest-running Airbnb in the Smoky Mountains. One vacation rental turned into another and another until they eventually reached a breaking point, forcing them to pivot and turn their short-term profits into long-term rentals, a move that Luke would wholeheartedly do again.

Now, with a massive rental property portfolio, Luke credits his passive income portfolio to short-term rentals. The high cash flow has allowed him to buy more passive properties that can be outsourced and don’t require constant attention. But can YOU still repeat Luke’s short-term rental strategy with the so-called “#Airbnbust” upon us? Surprisingly, yes. He'll show you how.

~~~~
Join BiggerPockets for FREE 👇
[ Ссылка ]
~~~~
Expand Your Investing Knowledge With the BiggerPockets Books:
[ Ссылка ]
~~~~
Find an Investor-Friendly Agent in Your Area:
[ Ссылка ]
~~~~
Find Investor-Friendly Lenders:
[ Ссылка ]
~~~~
Books Mentioned in Today’s Episode:
Long-Distance Real Estate Investing: [ Ссылка ]
Short-Term Rental, Long-Term Wealth: [ Ссылка ]
Profit First: [ Ссылка ]
~~~~
Learn Directly From Luke with The BiggerPockets Short-Term Rental Bootcamp:
[ Ссылка ]
~~~~
Hear Our Episode with Luke’s Wife, Avery Carl:
[ Ссылка ]
~~~~
Connect with Luke:
BiggerPockets: [ Ссылка ]
Podcast: [ Ссылка ]
The Short-Term Shop: [ Ссылка ]
~~~~
Connect with David and Rob on BiggerPockets:
David: [ Ссылка ]
Rob: [ Ссылка ]
~~~~
Connect with Rob (Robuilt):
Instagram: [ Ссылка ]
TikTok: [ Ссылка ]
Twitter: [ Ссылка ]
YouTube: [ Ссылка ]
~~~~
Follow David and BiggerPockets on Instagram:
@davidgreene24 or [ Ссылка ]
@biggerpockets or [ Ссылка ]

Show notes at: [ Ссылка ]


00:00 Intro

01:48 Quick Tip

03:03 Chainsaws, Beer, and Property Management

08:05 Buying the First Property

16:14 Luke's MASSIVE Portfolio

21:24 No More Short-Term Rentals

29:02 A LOT of Bank Accounts

33:41 The Short-Term Rental Market

38:40 Price Cuts

46:03 The Right Way to Manage Rentals

52:22 Connect with Luke!

свернуть