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The Short-Term Shop

Can I Do It and Is It Worth It?

Can I Do It and Is It Worth It?

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Can I Do It and Is It Worth It?

Kyle Stanley discusses his journey into short-term rentals, starting with his realization that he didn’t want to work forever. After trying different ventures like multi-level marketing and sales, he turned to real estate and Airbnb, building a successful business with 65+ units in Fresno, Phoenix, and Scottsdale in just three years. He also runs a podcast, The Fearless Investor, where he shares insights about real estate investing.

Avery: Hey guys, welcome back to the Short Term Show. Today we have Kyle Stanley. He has built a really big short-term rental business in a much different way than I have, and I love to hear from other people who have done things way differently than me. I really love to highlight that there are a lot of ways you can be successful in the short-term rental or the real estate investing space in general. Kyle also has a fantastic podcast called The Fearless Investor that you guys should check out. Kyle, I’ll let you take it from here.

Kyle: How’s it going, Avery? Thanks for letting me be on.

Avery: Yeah, thanks so much for coming! Super excited to have you. So first, let’s just start at the beginning. Tell us a little bit about yourself.

Kyle: Yeah, uh, I’m in Fresno, California. So our business is in Fresno and Bass Lake, which is about an hour north of Fresno and then also in Phoenix and Scottsdale, Arizona. Overall, we have close to 70 units.

Avery: Wow, that’s awesome! Tell me a little more about how you got started.

Kyle: I went into multi-level marketing, then into sales. I tried like everything under the sun for about nine or ten years. Then one day, I was like, “You know what? If nothing changes, nothing changes. I don’t want to be working until the day that I die.” My dad was actually on his deathbed at the time, and I was just doing a hard look at what life looked like for me. I saw myself going down the same road and had this thought: What’s passive? What can I make money on when I sleep?

Avery: Real estate comes to mind?

Kyle: Yeah, exactly. I jumped into real estate, and eventually, I turned to Airbnb. I made that decision to jump into Airbnb in May of 2019. We got our first six units within the first six months, and then COVID hit. From there, everything kind of started to settle back in. It was crazy because everyone was wondering, “Hey, how’s Airbnb doing? How’s short-term rentals doing?” I said, “It’s still doing really well even though COVID is going on.”

Avery: That’s impressive!

Kyle: Yeah, everyone and their mom wanted me to take over their house to do as a short-term rental right around July of 2020. That’s when the real growth happened. So, basically, from zero to 65 plus units in just around three years.

Avery: That’s incredible. What a ride!

Kyle: It’s been amazing, for sure. It’s been quite a ride!

Avery: So, let’s go back to the beginning. You decided you didn’t want to work the rest of your life. What made you decide real estate, and specifically, short-term rentals?

Kyle: Yeah, so, I didn’t really want to do this the rest of my life, and I thought, “Okay, well, what can I do? What made me decide real estate?” It was about creating passive income and a more fulfilling lifestyle.

Avery Carl

Avery Carl

Avery Carl was named one of Wall Street Journal’s Top 100 and Newsweek’s Top 500 agents in 2020. She and her team at The Short Term Shop focus exclusively on Vacation Rental and Short Term Rental Clients, having closed well over 1 billion dollars in real estate sales. Avery has sold over $300 million in Short Term/Vacation Rentals since 2017. An investor herself, with a portfolio of over 100 Doors, Avery specializes in connecting investors with short term rentals with the highest ROI potential, and then training them to manage their short term rental from their smart phone from anywhere in the world.

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