This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In the latest episode of STRonomics, Bill and Kenny delve into the world of virtual assistants (VAs) and reveal how these valuable assets can handle your tasks and enable you to make CEO-level decisions. During the discussion, they emphasize the importance of evaluating your day-to-day schedule to identify tasks that can be efficiently delegated to skilled workers. They share their insights on vetting VAs and stress the significance of assigning specific tasks to each VA. Understanding that not every VA can handle all the required tasks, they advise hiring professionals in different fields to ensure you have experts assisting in your business growth. Furthermore, Bill and Kenny elaborate on their preferred platforms for finding VAs and discuss the benefits of having dedicated VAs for specific tasks versus having others who can assist in multiple areas. Additionally, they address concerns about VAs working for other individuals and whether that should be a point of worry. Excitingly, they announce a virtually free training course scheduled for Wednesday, Aug 23, 2023, at 3 PM EST. In this session, they will share comprehensive guidance on locating VAs, vetting them effectively, and training them for specific tasks. Attendees will have the opportunity to ask questions and gain expert opinions from both Bill and Kenny, making this training a must-attend event for anyone seeking to optimize their business with virtual assistants. Mark your calendars and don't miss out on this invaluable opportunity! Click this link to sign up for the training> https://tinyurl.com/nhhb2k3u [00:03] Introducing STRonomics {01:10] Virtual Assistants [02:55] Marketing Agency [05:30] What Do You Do Daily/Weekly [07:00] Vetting a VA [12:10] Secret Sauce [16:26] Finding Good VAs [18:50] VA Reporting [19:48] One VA [21:15] Recap [22:00] Working for Other People [24:47] Training Course for VAs [25:30] Wrapping Up 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&ltsid=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

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In the latest installment of STRonomics, Kenny takes the reins as Bill is away, and delves into the four crucial keys for achieving success with short-term rentals. First and foremost, Kenny emphasizes the paramount importance of the property's location. It's not merely about the city; proximity to popular attractions can be a game-changer, significantly influencing the rental's desirability. Next, he highlights the significance of impeccable interior and exterior design. While interior modifications can be transformative, neglecting the curb appeal of the exterior can adversely affect the rental's chances of success. Furthermore, Kenny stresses the value of crafting an exceptional interior design that aligns with the preferences of the target clientele. Meeting their expectations and desires can lead to increased bookings and satisfied guests. He also underscores the value of adding amenities to the property when necessary, enhancing its overall appeal. Lastly, the episode concludes with Kenny advocating thorough market research before diving into the business. Analyzing competitors and understanding the required investments in design, location, and exterior upgrades are vital steps towards becoming the best in the area. Tune in to this episode of STRonomics to discover the secrets to prosperous short-term rentals. [00:03] Introducing STRonomics {01:33] Markets Down [03:17] First Key: Location [05:45] The Smokies [07:45] Mountain Market Story [09:50] Second Key: Interior & Exterior Quality [12:15] Third Key: Design & Decor [13:40] ROI on Decor [16:27] Fourth Key: Value Adds [17:13] Kentucky Property [17:43] Swimming Pool [21:56] Strategy [23:34] Studying A Market [26:10] Wrapping Up 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&ltsid=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

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In the latest episode of STRonomics, Bill and Kenny address the trending topic #AirbnbBust and analyze whether there's any cause for concern. They focus on middle properties, not quite Super Properties, which are experiencing similar challenges to mid-tier businesses in America. They reveal compelling statistics on three-bedroom, two-bath properties and how a single adjustment can significantly boost bookings. New investors receive invaluable advice on understanding guest travel habits for a successful venture. This jam-packed episode is a must-watch for anyone interested in the short-term rental market, with insightful analysis and actionable insights from Bill and Kenny. Don't miss out! Tune in now! [00:03] Introducing STRonomics {00:38] Fear Mongering [02:25] Is It Dead? Or Corrected? [03:24] Cryptocurrency [04:43] The Middle Squeeze [06:00] Smooth Revenue Appreciation [09:15] Treat Like A Business [10:35] Airbnb Bust? [12:20] The Three Twos [16:40] How Is A Market Saturated? [22:25] New Investors [25:10] Audit of Financials [27:40] In Closing 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&ltsid=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

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In the latest episode of STRonomics, Bill and Kenny dive into their approach to forecasting future revenue in a dynamic market. They explore various strategies for analyzing their properties, such as evaluating market saturation levels and closely monitoring consumer spending as an indicator of future revenue potential. Moreover, they emphasize the paramount significance of marketability. Without a well-defined marketing plan, an ordinary property may struggle when Fall 2023 arrives. Don't succumb to negative scenarios; instead, seize the opportunity to enhance your short-term rental business by absorbing the valuable insights presented by Bill and Kenny in this succinct episode of STRonomics! [00:03] Introducing STRonomics [00:26] Why We Forcast Future Revenues [1:20] Models [3:45] How Do I Do It? [5:20] Where Do I Find This? [8:10] Market Saturation Level [10:43] Occupancy [12:00] 2024 Forecasting [20:50] No Crystal Ball [22:45] Marketability of Property [25:50] Taking All Variables In [27:37] In Closing 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&ltsid=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

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform .On this week's episode of STRonomics, Bill and Kenny delve into the important topic of when and how to decide whether to sell your property. They discuss the significance of forecasting your property's cash flow over the next seven months as a determining factor in the selling decision. How understanding your life plan becomes crucial in guiding you toward the appropriate choice. Additionally, they highlight the impact of knowing what to do after a sale, as it can greatly influence your rate of future success. You can’t afford to miss this episode! [00:03] Introducing STRonomics [01:33] Pivoting [2:00] Auditing Your Property [2:56] Beach Mountain Home [4:40] My Life-Long Plan [9:30] Personal Financial Decision [13:05] What to Do After You Sell? [15:54] Forecasting Cash Flow [21:40] In Closing 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&ltsid=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

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. On STRonomics this week Kenny & Bill talk about the value of high-quality photos and staging and how it directly correlates to increases in revenue. They discuss the importance of marketing your amenities correctly and the data behind poorly taken photos. If you are losing money this summer, this episode is for you! [00:03] Introducing STRonomics [00:45] Losing 3K a Month [02:08] Can You Optimize Your Listing? [03:11] Saturated Market [03:45] Financial Analysis of Property [04:50] Quality of Your Images [07:16] Calculating the Value of Amenities [10:49] Photo Impact on Revenue [14:35] Visualizing Marketing for Your Property [15:00] Getting the BEST Photographer [16:15] Educate Your Photographer [19:13] How Do I Stand Out? [20:32] Closing Remarks 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&ltsid=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

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. On STRonomics this week, Kenny and Bill dive into additional strategies for cost-cutting with your short-term rental property. They talk about techniques such as maintaining competitive pricing while reducing rates, introducing fresh amenities, emphasizing compelling narratives through your photos, leveraging the power of customer reviews to secure bookings, and implementing savvy cost-trimming measures to maximize yearly savings. You won’t want to miss this episode! [00:03] Introducing STRonomics [01:03] Bookings Down [03:00] Lowering Your Pricing [06:25] Hot Tub Numbers [08:45] Telling a Story With Photos [12:25] Focusing on Reviews [17:23] Auditing Your Expenses [19:44] Summary of the Last Two Episodes [21:25] In Closing 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&ltsid=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

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. Bill and Kenny strategize about Mid Term Rentals Vs Short Term Rentals and why mixing the two on a singular listing can be bad news. Kenny shares the story of how an unusual month-long rental moved his property from the first page to the fourth page of Airbnb. Bill expands on the importance of keeping a close eye on your annualized revenue rather than your month-to-month. You can’t miss this episode! [00:03] Introducing STRonomics [01:05] Off-Season Rentals [01:50] Story by Kenny [02:47] Consequence of MTR [05:00] Snowbirds At The Beach [06:30] Dropping Rates [07:45] How Kenny Got It Back [09:55] Looking At Your Annualized Revenue [12:25] What Will Alter Your Rankings [13:00] Using MTR As A Strategy [15:04] In Closing Learn the strategies and secrets you need in this one-day virtual event to increase bookings without having to simply drop your prices! Click Here for more info > Maximizing Revenue Event Sign up before it's too late! 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&ltsid=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

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. Bill and Kenny discuss how to increase revenue on your properties while also saving money with every single facet of your business! They talk everything from asking guests for feedback to prebuying your propane. You won’t want to miss this episode! [00:03] Introducing STRonomics [01:40] Low Cost Revenue Drivers [02:25] Updating Your Photos [03:30] Insurance Coverage [07:35] Pre Buying Propane [09:00] Saving with Changed Services [10:15] Reordering Your Listing Images [13:00] Getting Guests Off Platform [14:22] Showing The Value in Photos [15:15] Kenny’s Direct Booking Search [17:10] Asking Guests for Feedback [19:20] MarketMySTR.com [20:25] Getting Reviews on Google/Facebook [22:12] StayFi For Capturing Emails [23:00] Paying to Be Ranked {24:14] Closing Remarks Learn the strategies and secrets you need in this one-day virtual event to increase bookings without having to simply drop your prices! Click Here for more info > Maximizing Revenue Event Sign up before it's too late! 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&ltsid=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

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. On STRonomics this week, Bill and Kenny go over the common bottlenecks that they see which keep new investors stagnant. They talk about researching the property, how everything looks post-acquisition, and how you have to constantly learn new marketing techniques from industry experts. [0:00] Intro [0:22] Evaluating Properties [5:10] The Barrier of Entry [8:53] Post Acquisition [13:56] Adjusting to The Market [16:30] STR Data Host Event [21:50] Closing Remarks Learn the strategies and secrets you need in this one-day virtual event to increase bookings without having to simply drop your prices! Click Here for more info > Maximizing Revenue Event Sign up before it's too late! Early bird pricing ends in 2 Days! 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&ltsid=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

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. On STRonomics this week, Kenny and Bill go through the 7 things you can do today to Maximize your STR revenue! Bookings will not come easily after the summer boom, fly past your competition now! [0:05] Bill and Kenny’s Intro [0:50] How to Maximize Revenue Today! [1:28] Strategic Ammenties Investments [5:06] EV Chargers [6:00] Marketing Ammenties Outside In [6:58] What Impacts Branding [8:00] Accommodating Weddings [9:34] Niche Design [10:50] Off-Platform Marketing [11:23] Highest and Best Use Design [13:50] $25,000 Photos [17:00] MarketMySTR [19:56] Rankings, Ratings, and Reviews [22:25] STR Data Host [23:43] Closing Remarks Learn the strategies and secrets you need in this one-day virtual event to increase bookings without having to simply drop your prices! Click Here for more info > Maximizing Revenue Event Join our Free Build STR Wealth Facebook Group and watch Wednesday, May 31st at 3PM CST for a Free one-hour walkthrough on how to use the Best All-in-One STR Marketing Platform. Click to Join > Build STR Wealth FB Group 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&ltsid=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

On this STRonomics, Kenny is solo while Bill travels and he discusses how to spot emerging markets and lets you in on the ones he’s personally keeping an eye on! [0:05] Introduction [0:30] Spotting Emerging Markets [2:20] Defining an Emerging Market [4:30] The Covid Bump [7:00] Active Listing Surges [8:32] Foot Traffic as an Indicator [9:56] Short Term Rental Regulations [11:37] My STR Revenue [12:35] Example #1 [15:15] National Parks [17:05] College Towns [20:23] Ski Resorts [23:40] Frisco, Texas [24:50] Closing Remarks STR Data Hosts Facebook Page Instagram: Kenny_Bedwell Watch this podcast each Thursday on our Youtube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1 The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 Build STR Wealth: https://buildstrwealth.com/ BK Hot Picks: https://bkhotpicks.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

On this STRonomics, Bill & Kenny take a closer look at the real value of reviews and how detrimental they are to boosting your ratings and getting your STR booked more frequently. Here are their key takeaways: [0:01] Introduction [0:33] Kenny’s Research [1:52] The Number of Reviews [3:45] Calculating Your Nights [5:30] Greatest Tips to Get More Reviews [12:25] Be on Top of the Search [13:52] Ghost Reviews [16:42] What has More Impact on Revenu? [22:07] Closing Wrap Up Watch this podcast each Thursday on our Youtube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1 The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 Build STR Wealth: https://buildstrwealth.com/ BK Hot Picks: https://bkhotpicks.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

Bill and Kenny break down their most successful pricing strategies and how paying attention to things like occupancy, the 3-2-1 strategy, and your competition will bring in more summer bookings. [0:05] Chat GPT [1:10] 3-2-1 Strategy [10:10] Optimation Tools [11:23] Pricing for occupancy [13:10] Pricing fluxation example [14:10] Sunk Profit [15:00] Checking your competition [17:20] Lead time example [18:00] Closing wrap up Watch this podcast each Thursday on our Youtube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA Exclusive Pricelabs Offer Here! Use code BILL25 & get 25% off for the first 3 months (offer valid for new users only) You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1 The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 Build STR Wealth: https://buildstrwealth.com/ BK Hot Picks: https://bkhotpicks.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

Kenny and I deep dive into the biggest mistakes and pitfalls when analyzing property and the very best advice on researching your perfect property and ideal market! [1:25] How people analyze a property [5:00] Hotel data & comparable properties [8:20] Kenny's data breakdown [15:26] StrInsights benefits [18:00] Seeing the property first [21:35] Avery Carl’s Enemy Method [23:10] Knowing a market Watch this podcast each Thursday on our Youtube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA Exclusive Pricelabs Offer Here! Use code BILL25 & get 25% off for the first 3 months (offer valid for new users only) Take the next step towards growing your vacation rental business by enrolling in the STR Host Academy! With our comprehensive training, you’ll get the tools you need to increase your profits, attract new guests, and dominate your competition with marketing. Don’t wait any longer to start seeing results. Enroll in the STR Host Academy today!  https://www.strhostacademy.com/hostacademy You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1 The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 Build STR Wealth: https://buildstrwealth.com/ BK Hot Picks: https://bkhotpicks.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to another episode of STRonomics, where Kenny Bedwell joins forces with Bill Faeth to bring you the latest insights from the ever-evolving world of short-term rentals. Join the conversation as they dive into the perks of being a Superhost on Airbnb and uncover the benefits it brings. Discover the nuances between direct bookings and Airbnb/Vrbo bookings, and learn how to strategically market your STR by analyzing your property and understanding your demographics. Plus, find out how to leverage your Superhost status to drive more traffic to your business. Don't miss out on this must-listen episode! Tune in now and stay ahead in the STR game. Watch this podcast each Thursday on our Youtube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA Exclusive Pricelabs Offer Here! Use code BILL25 & get 25% off for the first 3 months (offer valid for new users only) Take the next step towards growing your vacation rental business by enrolling in the STR Host Academy! With our comprehensive training, you’ll get the tools you need to increase your profits, attract new guests, and dominate your competition with marketing. Don’t wait any longer to start seeing results. Enroll in the STR Host Academy today! https://www.strhostacademy.com/hostacademy You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1 The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 Build STR Wealth: https://buildstrwealth.com/ BK Hot Picks: https://bkhotpicks.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Stronomics with Kenny Bedwell and Bill Faeth, your go-to source for the latest and greatest in short-term rental investing! In this episode, they kick off the discussion by revealing the best places in the country to invest in. Gain insights on how saturation can impact growth in different markets and why blindly following influencers can be risky without thorough data analysis. Learn how to future-proof your property in an ever-changing market. Don't miss out on this week's episode packed with valuable tips and strategies for successful short-term rental investing. Tune in now! Watch this podcast each Thursday on our Youtube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA Exclusive Pricelabs Offer Here! Use code BILL25 & get 25% off for the first 3 months (offer valid for new users only) Take the next step towards growing your vacation rental business by enrolling in the STR Host Academy! With our comprehensive training, you’ll get the tools you need to increase your profits, attract new guests, and dominate your competition with marketing. Don’t wait any longer to start seeing results. Enroll in the STR Host Academy today! https://www.strhostacademy.com/hostacademy You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1 The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 Build STR Wealth: https://buildstrwealth.com/ BK Hot Picks: https://bkhotpicks.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week’s episode of STRonomics, solo host Bill Faeth steps up to the mic as his co-host Kenny Bedwell takes the week off to celebrate exciting news. Bill discusses how to find a profitable market using gross ROI filtering and learn how to analyze occupancy and pricing to avoid common pitfalls. Gain insights into understanding expenses and managing cash flow to ensure consistent month-over-month success. Plus, find out why ranking on page one is crucial to achieving maximum bookings. Tune in now! Build your momentum with our 8-week Accelerator Program. It’s designed to be attended from home and includes all the amazing STR insights revealed during the STR Wealth Conference this past week and the collective decades of business experience of the STR Super Team: https://strsuperteam.com/ Watch this podcast each Thursday on our Youtube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA Exclusive Pricelabs Offer Here! Use code BILL25 & get 25% off for the first 3 months (offer valid for new users only) Take the next step towards growing your vacation rental business by enrolling in the STR Host Academy! With our comprehensive training, you’ll get the tools you need to increase your profits, attract new guests, and dominate your competition with marketing. Don’t wait any longer to start seeing results. Enroll in the STR Host Academy today! https://www.strhostacademy.com/hostacademy You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1 The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 Build STR Wealth: https://buildstrwealth.com/ BK Hot Picks: https://bkhotpicks.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to this episode of STRonomics, where Bill Faeth and Kenny Bedwell reveal the 7 essential steps to succeed in short-term rental investing. Learn how to identify your goals and align them with your property, select the perfect market, and chose the right real estate agent. Discover the importance of banking and funding, asset and liability protection, and designing a property that stands out. Plus, we’ll share insider tips on setting up your property efficiently and gaining a competitive edge through marketing. Don’t miss this crucial episode, it's a game-changer for your STR business! Build your momentum with our 8-week Accelerator Program. It’s designed to be attended from home and includes all the amazing STR insights revealed during the STR Wealth Conference this past week and the collective decades of business experience of the STR Super Team: https://strsuperteam.com/ Watch this podcast each Thursday on our Youtube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA Exclusive Pricelabs Offer Here! Use code BILL25 & get 25% off for the first 3 months (offer valid for new users only) Take the next step towards growing your vacation rental business by enrolling in the STR Host Academy! With our comprehensive training, you’ll get the tools you need to increase your profits, attract new guests, and dominate your competition with marketing. Don’t wait any longer to start seeing results. Enroll in the STR Host Academy today! https://www.strhostacademy.com/hostacademy Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1 The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 Build STR Wealth: https://buildstrwealth.com/ BK Hot Picks: https://bkhotpicks.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of STRonomics, Kenny Bedwell and Bill Faeth dive deep into the top three metrics that property owners should track. Discover how to differentiate yourself from competitors, reduce your booking lead time, optimize your pricing strategy, and monitor your financials for success. You won’t want to miss this valuable conversation! Watch this podcast each Thursday on our Youtube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA Exclusive Pricelabs Offer Here! Use code BILL25 & get 25% off for the first 3 months (offer valid for new users only) Take the next step towards growing your vacation rental business by enrolling in the STR Host Academy! With our comprehensive training, you’ll get the tools you need to increase your profits, attract new guests, and dominate your competition with marketing. Don’t wait any longer to start seeing results. Enroll in the STR Host Academy today! https://www.strhostacademy.com/hostacademy Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1 The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 Build STR Wealth: https://buildstrwealth.com/ BK Hot Picks: https://bkhotpicks.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to this episode of STRonomics, where Kenny Bedwell and I dive into the key factors to consider before buying or not buying property. From calculating the total cost of a short term rental to mitigating risks in a volatile economy, we cover everything you need to know before making a purchase. Plus, we’ll discuss the importance of budgeting for ongoing expenses and having a long-term investment plan in place. Don’t miss out on this valuable advice from our experts! Watch this podcast each Thursday on our Youtube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA Exclusive Pricelabs Offer Here! Use code BILL25 & get 25% off for the first 3 months (offer valid for new users only) Take the next step towards growing your vacation rental business by enrolling in the STR Host Academy! With our comprehensive training, you’ll get the tools you need to increase your profits, attract new guests, and dominate your competition with marketing. Don’t wait any longer to start seeing results. Enroll in the STR Host Academy today! https://www.strhostacademy.com/hostacademy Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1 The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 Build STR Wealth: https://buildstrwealth.com/ BK Hot Picks: https://bkhotpicks.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit to discuss how to analyze your current property. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Our podcast Is doing a survey to get to know our listeners more! Use this link to fill out the survey! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit to discuss why they hate Logan, OH for investing. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Our podcast Is doing a survey to get to know our listeners more! Use this link to fill out the survey! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit to with their Mastermind in Florida and answer some questions about the industry. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Our podcast Is doing a survey to get to know our listeners more! Use this link to fill out the survey! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit to with their Mastermind in Florida and answer some questions about the industry. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Our podcast Is doing a survey to get to know our listeners more! Use this link to fill out the survey! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit to discuss what the best amenities are for your property in 2023. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Report: https://www.strinsights.com/top-markets-report-2023 Our podcast Is doing a survey to get to know our listeners more! Use this link to fill out the survey! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit to discuss what to do if you don't have any bookings yet for this year. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Report: https://www.strinsights.com/top-markets-report-2023 Our podcast Is doing a survey to get to know our listeners more! Use this link to fill out the survey! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit to discuss the top mistakes STR Investors made in 2022. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Report: https://www.strinsights.com/top-markets-report-2023 Our podcast Is doing a survey to get to know our listeners more! Use this link to fill out the survey! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit to discuss where they think you should be looking to invest in 2023. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Our podcast Is doing a survey to get to know our listeners more! Use this link to fill out the survey! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit to discuss property identification strategies for 2023. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Report: https://www.strinsights.com/top-markets-report-2023 Our podcast Is doing a survey to get to know our listeners more! Use this link to fill out the survey! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit to discuss where they think you should be looking to invest in 2023. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Report: https://www.strinsights.com/top-markets-report-2023 Our podcast Is doing a survey to get to know our listeners more! Use this link to fill out the survey! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit to discuss how they think you should be budgeting for 2023 given the current economic climate. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit dive deep into the data to see what amenities can help your property generate more revenue. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss whether or not they're investing right now in today's market. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss why you need data to analyze properties before buying them. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss why they believe you should be evaluating your properties performance. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss why they believe Multi-Plexes are a safer investment in todays economy. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss the importance of knowing you exit strategy in this business. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss the difference between investing into Mid-Term Markets vs Vacation STR Markets. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss unique properties that will survive an economic downturn. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss the most important data points you should be looking at when it comes to investing. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss the most important data points you should be looking at when it comes to investing. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss how to leverage high interest rates. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss three things you should do when evaluating properties that don't have good comps. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss if having your STR be pet friendly makes sense or not. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss what the best markets to buy into right now are. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss their six month outlook on the STR Industry. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss the importance of valuing amenities when buying a new property. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices