STRonomics By cover art

STRonomics

By: Bill Faeth & Kenny Bedwell
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  • Summary

  • 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!
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Episodes
  • Can you generate $500K on an Airbnb?

    Can you generate $500K on an Airbnb?
    Jul 4 2024
    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
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    22 mins
  • Should You Prepare For A Recession?

    Should You Prepare For A Recession?
    Jun 27 2024
    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
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    22 mins
  • Bigger or Smaller...

    Bigger or Smaller...
    Jun 20 2024
    Bill Faeth and Kenny Bedwell delve into the complexities of investing in short-term rentals amidst increasing regulation, market saturation, and rising interest rates. They discuss the merits and drawbacks of investing in large versus small properties and emphasize the importance of finding the right balance based on individual goals and risk tolerances. The episode touches on the significance of market analysis, the potential of untapped markets, appreciation, and cash flow. Additionally, they advocate for customized investment strategies rather than following industry trends. This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. 00:00 Introduction to STRonomics 00:28 Market My STR: The Ultimate Marketing Platform 01:26 Diving into Property Investment Strategies 02:13 Big vs. Small Properties: What to Consider 04:58 The Importance of Market and Property Analysis 10:04 Finding Niche Markets and Avoiding the Herd Mentality 14:59 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
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    15 mins
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