Building a Family STR Business from the Ground Up with Luke and Laura Hintermeister

On this week's episode, Avery is joined by Luke and Laura Hintermeister to share how their family's passion for renovation, hospitality, and outdoor adventure led them to purchase and transform a vacation rental overlooking Lake Superior. The couple explains how years of researching the North Shore market, finding an overlooked value-add property with incredible views, and completing a major renovation themselves helped turn a dated two-bedroom home into a high-performing short term rental. They discuss why buying in a market you know can create a competitive advantage, the importance of focusing on irreplaceable features like location and views, and how involving their children in the renovation has laid the foundation for a family business. Luke and Laura also offer advice for new investors on overcoming the fear of getting started, continually learning the business, and building long-term wealth through thoughtful investing and hospitality.

Connect with Luke and Laura:

https://lagomescapes.hospitable.rentals

Connect with us:

The Short Term Shop - https://theshorttermshop.com/
https://stsplus.com/
Follow Avery Carl on Instagram
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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’s books:

Smarter Short Term Rentals - Buy it on Amazon
Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties – Buy it on Amazon