Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | Apartment Sharing

Grow your short-term rental business: https://www.overnightsuccess.io/xIn this episode of Get Paid for Your Pad, I had the pleasure of speaking with Avery Carl, an experienced real estate investor and short-term rental expert. We discussed various topics related to financing, the current real estate market, and strategies for success in the short-term rental industry.Avery shared valuable insights about mortgage options and the impact of interest rates on real estate investments. We explored the difference between a 3% mortgage and a 6% mortgage, highlighting the significant financial implications over a 30-year time horizon. While transferring an existing mortgage to a new buyer is not straightforward, Avery mentioned that distressed sellers might consider such arrangements. She also recommended reading Pace's book, Wealth Without Cash, for more detailed information on this topic.We delved into alternative financing methods, such as management contracts and partnerships. Avery emphasized the importance of st