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 Segment
- We welcome, Julie McCoy!
- She studies film and television production and worked as an assistant director in Los Angeles
- Using 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 Rentals
- Moving to a new location to find a less seasonal market and lower price point for short-term rentals
- Started buying properties in the Smokey Mountains in 3-8 months
- Self-managed first property with help from a property manager
- Developed a network and reputation in the television industry over time
- Her parents taught her the importance of saving money and the value of money
- Prices are unlikely to drop significantly due to continued demand for vacationing
[28:31 – 37:53] THE FINAL FOUR
- What's the worst job that you ever had?
- Worked as a production assistant
- What'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 Ferriss
- What is a skill or talent that you would like to learn?
- Learn how to speak Portuguese and Spanish
- What does success mean to you?
- Julie McCoy says, “Freedom of time is my definition of success.”
Connect with Julie McCoy:
Facebook: The Short-Term Shop
LEAVE 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.
None 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 McCoy
Support the show
