Short Term Rental Management Luke Carl
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- Business
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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.
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OwnerRez Updates
On this week's episode, Luke is joined by Paul Waldschmidt, the CEO and founder of OwnerRez. They delved into the origins of OwnerRez, the challenges they faced in the early days, and how they've evolved to become a foundational tool for property managers and owners. They discussed the importance of rental agreements and how OwnerRez facilitates this process seamlessly within their system. Paul also highlighted their insurance partnerships as well as a new jumpstart program, which offers free calls to help new users get up to speed with the software, emphasizing their commitment to customer support and ease of use.
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 -
Call the Platforms!
This week Luke is giving some helpful tips on how to become a better host! He stresses the importance of reaching out to these platforms to gain a thorough understanding of their policies and procedures. By making frequent calls, individuals can acquire valuable insights into platform operations, leading to increased bookings and improved guest communication. Luke also points out that engaging with platforms through phone calls can demonstrate a host's commitment and interest, potentially resulting in enhanced visibility.
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 -
Handypeople For Noobs
On this week's episode Luke is diving into the common misconception that all you need to run a successful rental is to list it on Airbnb and have a handyman on call. He emphasizes the importance of building a network of reliable individuals who can handle various tasks. He also touches on the future of handymen specialization, why you need to understand your property and more.
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 -
Is The Review More Important Than Money?
On this week's episode Luke dives into the topic of rental property reviews and emphasizes that while reviews are important, they are not everything. He advises new property owners to work hard, offer great service, and focus on providing an amazing product rather than fixating on reviews.
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 -
Transitioning to Self Managed
This week Luke is joined by Jim Stutzman! Jim is a STRM listener and fellow cornhusker who recently transitioned from having a property manager to self managing his short term rentals. Jim shares his background in being a cattle farmer and how he eventually ended up opening a brewery and owning a few vaction homes. They discuss the process of getting his listings set up on PMS, if he's happier as a self manager and more.
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
Customer Reviews
Omaha
Luke I always enjoy your content. When will you be in omaha next so we can have you speak to our local REIA group?!
So helpful!
Luke’s podcast has been such a help with learning to self-manage our first short-term rental. The episode on increasing VRBO bookings is particularly great. It helped take us from 90% Airbnb to 50/50 between Airbnb and VRBO. Love the positivity.
The best in the business
If you have any questions about getting started or running a short term rental, just stop what you’re doing and subscribe to this podcast. Listen to every episode. Do the same with Luke’s wife Avery’s podcast as well.
Get in touch with the Short Term Shop if you haven’t, and as Luke likes to say…don’t overthink it!