81 episodes
Short Term Rental Management Luke Carl
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- Business
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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Hostaway!
This week Luke had pleasure of chatting with Marcus, a fellow metalhead and the CEO of Hostaway, a leading short-term rental management company. Marcus shared his recent experiences, including a recent trip to Costa Rica where he enrolled his kids in a local school, offering a unique perspective on living and working remotely. They also discussed the evolution of the vacation rental industry and Marcus provided insights into the unique business models in different countries. Marcus also touched on the challenges and opportunities in the property management software space, noting the consolidation trend and the importance of adapting to market changes.
How to connect with Marcus:
https://www.hostaway.com/
Linkedin
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 -
Guests Learning a House
In this episode of Short Term Rental Management, Luke discusses the importance of understanding guests who are unfamiliar with a vacation home. He emphasizes the importance of having empathy for new guests, proactive management and using things like guidebooks to demonstrate clear communication.
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 -
Take the Money and Run
On this week's episode, Luke is diving into the fundamental question: Do you even want to rent your house? He addresses some common concerns for hosts renting out their home and stresses the importances of not overcomplicating things with too many rules.
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 -
Multi-Unit Parent-Child Airbnbs
On this episode of Short Term Rental Management, Luke and Chuck Kramer discuss the concept of parent-child listings in Airbnb and Vrbo. Chuck explains how to manage having two listings in one property to avoid double bookings and optimize rental opportunities. Whether it's offering different formats of the same property or renting out connected units separately or together, Chuck provides insights on how to make it work effectively.
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 -
AI and STRs
This week Luke is joined by Shahar Goldboim to discuss Boom, his AI software and the role that AI can play in managing STRs. Shahar emphasized how AI could reduce costs and improve operational efficiency in managing vacation rentals. They also discussed how using AI could improve overall guest experience.
How to connect with Shahar:
boomnow.com
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 -
How To Handle A Party At Your Airbnb
This week Luke is joined by his good friend and seasoned property manager, Chuck Kramer, to share some real-world experiences and tips on managing parties at your Airbnb. Chuck shares a story about an incident at his beach property where a seemingly normal booking turned into a party with about 70 kids. Despite taking precautions like collecting IDs and being extra vigilant during spring break, the party still happened. Chuck explains what methods he used to monitor the situation and reveals what it took to clear the party out. They discuss the aftermath of the party and emphasize the importance of clear communication with your guests.
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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