This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries.
In this episode of STRonomics, industry experts Bill Faeth and Kenny Bedwell discuss how to stay ahead of the curve in short-term rental investments amidst increasing regulation, market saturation, and rising interest rates. They caution against banking on future predictions like cost segregation bills or interest rates, stressing the importance of making informed, data-driven decisions based on the present situation. The duo also stress the need to be unique and differentiate one's property to succeed in increasingly competitive markets. The discussion also features tips on timely implementation of investment plans and avoiding common pitfalls in the acquisition process.
00:00 Introduction to Short Term Rentals
00:28 Market My STR: The Ultimate Marketing Platform for Short Term Rental Hosts
01:26 Welcome Back to STRonomics
01:52 Discussion on the Cost Segregation Bill
02:42 Why You Shouldn't Bank on the Future
04:15 The Importance of Timing in Property Investment
07:58 The Dangers of Speculation in Property Investment
11:49 The Impact of Amusement Parks on Property Investment
19:25 Conclusion: Focus on Making Your Property Unique
20:52 Outro: Thank You for Listening to STRonomics
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
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Why Before The Why
Finding Big Deals
How To Attract Off Season Guests
Is It Better To Buy Smaller or Larger Properties
Underwriting Properties In Today's Volatile Climate
Pre-Purchase Checklist
Walk Before You Run Into A New Market
Top cost segregation markets in 2023
How much should you spend on design
Why You Should Buy in New York City Right Now
How to find the best STR Realtor & When to fire them
Don't Bank on Future Interest Rates Today!
Don't Even Ask For The Seller's Rent Roll
Building vs Buying STR's
How was your summer?
What makes a super property?
Your Time Value Proposition
Stop Robbing Your Future w/ a HELOC
Increase Revenue Through VA’s & Automation
4 Keys of Finding Profitable STR
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