Did too much bragging shoot a lot of people in the foot?

[Joe S.]

So my question is, did all the excessive bragging about short term rentals create saturation to the point where it hurt everybody including the braggers?
I understand there are some people that were bragging because they actually listed properties. They even wrote a book about short term rentals and in the book toward the end, it is clear that they are doing lots of other things other than Short term rentals, but they are making a lot of money by selling the dream as well as selling properties. When someone insinuates that the market could be softening, why does many  operators  go out of their way to go into denial and pretend like they’re doing great? Why so many people make an effort to create excessive competition for themselves?

Just a thought. Please don’t beat me up too bad.

[Avery Carl]

@Joe S. Imagine being an aging mom with a pile of laundry to fold going online at night and finding an entire thread of dudes dedicated only to you. I'm flattered. 

You are really giving me too much credit. @luke carl and I wanted to provide a better life than our previous w2's were providing and we did that. We have a multi-asset class portfolio and several real estate related businesses. That's it. We happened to be able to jump start that with short term rentals. I am not Oprah Winfrey or *insert powerful woman's name here,* who can do things like influence government entities to raise or lower interest rates or interfere with natural market cycles. Just a mom getting to the age where I have inexplicable knee pain.

We were not the first people to invest in vacation rentals (they've been around since the 1930s), and vacation rentals are not over. Just like single family LTR and just like multifamily. Markets are cyclical, and that is that.

At the end of the day, there are 2 facts here: 1. Real estate markets are cyclical and we are in the bottom of one. and 2. Some of us work as hard as we can every day for the best life possible, and some of us take time out of our day to try and dunk on a random mom with a real estate portfolio.

My message is not "go buy a bunch of short term rentals and get rich immediately." My message is "I am just some rando who was able to build the life I want for my family, and if I did, you can do it too."