Show notes
Julie McCoy began in the television industry (on the crew side) and worked in LA for many years, and began investing in short-term rentals as a side hustle, with Avery Carl as her agent. One thing led to another and now she’s one of the original members of Avery Carl's team The Short-Term Shop and owns a portfolio of seven STRs in the Smoky Mountains of Tennessee.[00:01 - 02:54] Opening SegmentWe welcome, Julie McCoy!She studies film and television production and worked as an assistant director in Los AngelesUsing her downtime on set to educate herself on real estate and eventually settled on short-term rentals[02:55 - 28:30] Navigating the TV Industry and Investing in Short-Term RentalsMoving to a new location to find a less seasonal market and lower price point for short-term rentalsStarted buying properties in the Smokey Mountains in 3-8 monthsSelf-managed first property with help from a property managerDeveloped a network and reputation in the television industry over timeHer parents taught her the importance of saving money and the value of moneyPrices are unlikely to drop significantly due to continued demand for vacationing[28:31 - 37:53] THE FINAL FOURWhat's the worst job that you ever had?Worked as a production assistantWhat's a book you've read that has given you a paradigm shift?“Who Not How” by Dan Sullivan“The 4-hour Workweek” by Tim FerrissWhat is a skill or talent that you would like to learn?Learn how to speak Portuguese and SpanishWhat does success mean to you?Julie McCoy says, “Freedom of time is my definition of success.”Connect with Julie McCoy:Facebook: The Short-Term ShopLEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:“It wasn't necessarily what's the cheapest thing, but what's the best thing for my dollar.” – Julie McCoy“Self-management is not for everybody. It takes a certain personality to really succeed at it.” – Julie McCoySupport the show