STRonomics

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STRonomics

Increasing regulation, market saturation, and rising interest rates... Still think short term rentals make sense? You're not alone. Join industry experts Bill Faeth, successful STR host and investor, and Kenny Bedwell, founder of STR Insights and data junky, as they discuss how you can invest in this lucrative industry while still staying ahead of the curve, identifying trends before they happen - or blowing them outright with their own insights! The short term rental industry is booming and there are many benefits to investing in this type of property. Whether you’re a first-time investor or looking for your next investment, we have insights that will help guide the way forward!

  1. 9월 26일

    Underwriting In Today's Economy

    Bill and Kenny delve into the complexities of investing in short-term rentals amidst increasing regulations, market saturation, and rising interest rates. They discuss the critical aspects of underwriting, focusing on debt service, expenses, and revenue estimation. They emphasize the importance of realistic assumptions, strategic planning, and emotional detachment when evaluating investment properties. Whether you are a newcomer or a seasoned host, this episode provides valuable insights and practical advice to elevate your short-term rental business. https://go.buildstrwealth.com/tour 00:00 Introduction to STRonomics 01:26 Welcome and Guest Introduction 01:40 Deep Dive into Underwriting 02:43 Key Underwriting Mistakes 07:00 Real-Life Examples and Lessons 16:46 Strategic Planning for Investments 22:27 Conclusion and Final Thoughts We handle the day-to-day tasks of your short-term rental, giving you the freedom to grow your business and focus on the things that matter most. In the dynamic landscape of short-term rentals, success lies in the details. At STR Super VAs, we bring expertise to every facet of your business, ensuring those details are meticulously managed. Click here to learn more about how you can integrate VAs into your business! https://www.strvas.com/ Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA STR Data Hosts Facebook Page Instagram: Kenny_Bedwell You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

    23분

  2. 9월 19일

    Amenities that work Today

    Bill and Kenny explore how to navigate current challenges in the short-term rental market, including increasing regulations, market saturation, and rising interest rates. They focus on how to strategically invest in amenities like pickleball courts, saunas, and geo-domes to enhance guest experience and improve booking rates. The discussion includes the importance of understanding your target market, guest feedback, and marketing strategies, concluding with practical advice on small but impactful additions like USB chargers and master bedroom coffee bars. https://go.buildstrwealth.com/tour 00:00 Introduction to STRonomics 01:26 Welcome Back to STRonomics 01:41 Discussing Amenities: Pickleball Courts 08:54 Unique Amenities: Saunas and Swim Spas 14:21 Marketing Strategies for Short Term Rentals 23:48 Guest Fatigue and Choosing Listings 26:37 Conclusion and Farewell We handle the day-to-day tasks of your short-term rental, giving you the freedom to grow your business and focus on the things that matter most. In the dynamic landscape of short-term rentals, success lies in the details. At STR Super VAs, we bring expertise to every facet of your business, ensuring those details are meticulously managed. Click here to learn more about how you can integrate VAs into your business! https://www.strvas.com/ Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA STR Data Hosts Facebook Page Instagram: Kenny_Bedwell You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

    27분

  3. 9월 12일

    Maximize Your Airbnb Profits: Revenue Management Strategies

    Bill and Kenny tackle the challenges facing short-term rentals, including increasing regulations, market saturation, and rising interest rates. They emphasize the importance of hiring a professional revenue manager to navigate these challenges and provide insights into dynamic pricing strategies. The discussion highlights the inefficacy of DIY revenue management for both newbies and seasoned hosts, stressing the need for expertise to maximize earnings. Key points include the benefits of outsourcing revenue management, how to select qualified professionals, and the significance of remaining competitive in the evolving market. Additionally, the episode touches on the psychological barriers hosts face when considering the cost of hiring a revenue manager and offers practical advice on overcoming these hurdles for better financial returns. https://go.buildstrwealth.com/tour 00:00 Introduction to STRonomics 01:26 Welcome to STRonomics 01:33 The Importance of Revenue Management 03:42 Hiring a Revenue Manager: Why and How 05:39 Challenges and Solutions in Revenue Management 16:56 Finding the Right Revenue Manager 22:40 Conclusion and Final Thoughts We handle the day-to-day tasks of your short-term rental, giving you the freedom to grow your business and focus on the things that matter most. In the dynamic landscape of short-term rentals, success lies in the details. At STR Super VAs, we bring expertise to every facet of your business, ensuring those details are meticulously managed. Click here to learn more about how you can integrate VAs into your business! https://www.strvas.com/ Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA STR Data Hosts Facebook Page Instagram: Kenny_Bedwell You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

    23분

  4. 8월 22일

    Should I Buy Now Or Wait?

    Bill and Kenny dive into the challenges faced by short-term rental investors amidst increasing regulations, market saturation, and rising interest rates. They discuss strategic investments and the timing of buying properties, emphasizing the importance of constant market vigilance and prudent financial planning. The episode also explores the implications of market trends and the benefits of using Market My STR's platform for streamlined marketing efforts. Listeners are encouraged to make informed purchasing decisions and stay adaptable in a competitive and fluctuating market. https://go.buildstrwealth.com/tour 00:00 Introduction to STRonomics 00:28 Market My STR: The Ultimate Marketing Platform 01:26 Should You Buy or Wait? 01:45 Personal Investment Stories and Strategies 02:52 Current Market Trends and Predictions 12:24 The Importance of Constantly Looking for Deals 13:25 Challenges in Vacation Rental Markets 19:26 Design and Investment Tips for Super Properties 21:08 Conclusion and Upcoming Events We handle the day-to-day tasks of your short-term rental, giving you the freedom to grow your business and focus on the things that matter most. In the dynamic landscape of short-term rentals, success lies in the details. At STR Super VAs, we bring expertise to every facet of your business, ensuring those details are meticulously managed. Click here to learn more about how you can integrate VAs into your business! https://www.strvas.com/ Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA STR Data Hosts Facebook Page Instagram: Kenny_Bedwell You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

    22분

  5. 8월 15일

    Top 3 Strategies To Prepare For The Shoulder Season

    Bill and Kenny dive into the nuances of preparing for the shoulder season in the short-term rental market. They highlight the importance of understanding booking lead times, optimizing pricing well in advance, and adapting strategies based on market demands. Bill and Kenny discuss their personal approaches to transitioning from peak summer seasons and how to prepare properties for fall and winter. They also emphasize the significance of price sensitivity, elasticity, and the role of amenities in booking success. The episode aims to provide hosts with actionable insights to stay ahead and maximize their rental revenue year-round. https://go.buildstrwealth.com/tour 00:26 Welcome Back to STRonomics 00:43 Preparing for the Shoulder Season 03:36 Optimizing Pricing Strategies 07:22 Importance of Seasonal Amenities 13:05 Working with Revenue Managers 17:02 Conclusion and Final Thoughts We handle the day-to-day tasks of your short-term rental, giving you the freedom to grow your business and focus on the things that matter most. In the dynamic landscape of short-term rentals, success lies in the details. At STR Super VAs, we bring expertise to every facet of your business, ensuring those details are meticulously managed. Click here to learn more about how you can integrate VAs into your business! https://www.strvas.com/ Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA STR Data Hosts Facebook Page Instagram: Kenny_Bedwell You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

    18분

  6. 8월 8일

    Why You Should attend the STR Scale Summit

    Bill and Kenny discuss the impact of increasing regulation, market saturation, and rising interest rates on short-term rental investments. They introduce the upcoming STR Scale Summit, a free virtual conference on August 16th and 17th, featuring over a dozen industry experts on topics like marketing, taxes, design, revenue management, and more. The episode emphasizes the importance of attending this summit for valuable insights and actionable strategies to stay ahead in the competitive short-term rental market. https://strscalesummit.com/ https://go.buildstrwealth.com/tour 00:26 Welcome Back to STRonomics 00:43 Introducing the STR Scale Summit 02:32 Meet the Speakers and Topics 10:04 Why Attend the STR Scale Summit? 14:24 Preparing for the Shoulder Season 15:12 Conclusion and Final Thoughts We handle the day-to-day tasks of your short-term rental, giving you the freedom to grow your business and focus on the things that matter most. In the dynamic landscape of short-term rentals, success lies in the details. At STR Super VAs, we bring expertise to every facet of your business, ensuring those details are meticulously managed. Click here to learn more about how you can integrate VAs into your business! https://www.strvas.com/ Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA STR Data Hosts Facebook Page Instagram: Kenny_Bedwell You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

    16분

  7. 7월 4일

    Can you generate $500K on an Airbnb?

    Bill Faeth and Kenny Bedwell challenge the belief that making $500,000 in gross revenue from a single short-term rental is impossible. They discuss key strategies, such as selecting the right market, creating unique guest experiences, and ensuring high-quality amenities, that can help investors maximize their returns. Real-life examples from various properties, including those in Wisconsin, Vermont, and the Outer Banks, illustrate how innovative approaches and market knowledge can drive success in this competitive industry. Additionally, the hosts emphasize the importance of thinking about exit strategies and potential appreciation when investing in high-value properties. 00:00 Introduction: The Challenges Facing Short-Term Rentals 00:26 Welcome to STRonomics 00:28 Market My STR: The Ultimate Marketing Platform 01:35 Can You Make $500,000 on One Short-Term Rental? 02:46 Real-Life Success Stories and Strategies 05:45 The Importance of Market Selection 18:52 Creating Unique Guest Experiences 21:38 Conclusion: Key Takeaways and Final Thoughts We handle the day-to-day tasks of your short-term rental, giving you the freedom to grow your business and focus on the things that matter most. In the dynamic landscape of short-term rentals, success lies in the details. At STR Super VAs, we bring expertise to every facet of your business, ensuring those details are meticulously managed. Click here to learn more about how you can integrate VAs into your business! https://www.strvas.com/ Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA STR Data Hosts Facebook Page Instagram: Kenny_Bedwell You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

    22분

  8. 6월 27일

    Should You Prepare For A Recession?

    Bill Faeth and Kenny Bedwell delve into the current economic landscape affecting short term rentals, including increasing regulations, market saturation, and rising interest rates. They highlight key strategies for staying ahead of the market and discuss crucial topics such as interest rates, the phasing out of accelerated depreciation, and potential changes to capital gains taxes. The conversation also explores the impact of political influences on the economy, consumer confidence, and investment decisions. The episode underscores the importance of market and property selection to optimize profitability and mitigate risks in an evolving market. 00:00 Introduction: The Challenges Facing Short-Term Rentals 01:26 Meet the Hosts: Bill Faith and Kenny Bedwell 01:52 Current Economic Landscape and Interest Rates 06:31 Impact of Political Climate on Real Estate 08:14 Consumer Confidence and Market Predictions 19:09 The Future of Short-Term Rentals 21:22 Conclusion and Final Thoughts We handle the day-to-day tasks of your short-term rental, giving you the freedom to grow your business and focus on the things that matter most. In the dynamic landscape of short-term rentals, success lies in the details. At STR Super VAs, we bring expertise to every facet of your business, ensuring those details are meticulously managed. Click here to learn more about how you can integrate VAs into your business! https://www.strvas.com/ Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA STR Data Hosts Facebook Page Instagram: Kenny_Bedwell You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

    22분
모두 보기(104개)

4.9
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52개의 평가

소개

Increasing regulation, market saturation, and rising interest rates... Still think short term rentals make sense? You're not alone. Join industry experts Bill Faeth, successful STR host and investor, and Kenny Bedwell, founder of STR Insights and data junky, as they discuss how you can invest in this lucrative industry while still staying ahead of the curve, identifying trends before they happen - or blowing them outright with their own insights! The short term rental industry is booming and there are many benefits to investing in this type of property. Whether you’re a first-time investor or looking for your next investment, we have insights that will help guide the way forward!

정보

  • 채널
    Hospitality.FM
  • 제작진
    Bill Faeth & Kenny Bedwell
  • 방송 연도
    2022년 - 2024년
  • 에피소드
    104
  • 저작권
    © Build STR Wealth & Hospitality.FM
  • 웹사이트 보기
    STRonomics

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