⏺️ Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/550250masterclass In the world of real estate investing, 1031 exchanges are a popular way to delay paying capital gains tax and maximize profits. But there’s a reason many call it the death tax… Once you opt for a 1031 exchange, the money invested can be locked away for a very long time. That’s why today, I’m sharing 3 things you need to keep in mind before you carry out a 1031! If you want to protect your money and make re...
Apr 25, 2024•7 min•Ep. 143
⏺️ Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/550250masterclass If you know me, you know that I am addicted to creating businesses. But I wasn’t always as business-savvy as I am today. In fact, I struggled a lot with my approach to business and my mentality as a whole... That is until I stumbled upon Profit First, a remarkable book that offers a roadmap for entrepreneurs to make the money they’ve always dreamed of. This book single-handedly fixed my attitude towards mo...
Apr 16, 2024•20 min•Ep. 142
My wife Brea and I love the life we've built together. But it hasn't always been easy. In fact, at times, it has been very, very hard. The last few months have been the most stressful period of our lives. We've had to manage our properties from afar, deal with renovations, run a business, and manage family life. But being the power couple we are, we did it and came out stronger than ever. That’s why today, we want to discuss the struggles of building a short-term rental business as a married cou...
Apr 09, 2024•21 min•Ep. 141
The average retirement age in the US is 64. I managed to speed up this process by 16 years and achieve financial freedom at 48. How? By being smart with my short-term rental investments. I set actionable financial goals for myself and learned everything there is to know about tax benefits, loan structuring, cash flow optimization, appreciating markets, and retirement planning. This has enabled my wife and me to live the life we want, with work becoming a choice, not a necessity. Today, I will sh...
Apr 02, 2024•13 min•Ep. 140
Are you annoyed by Airbnb's high fees, rigid rules, and oversaturated market? I feel you. These third-party booking platforms can really eat into our profits and strain our relationships with guests. But relying on a single platform for all bookings isn’t a smart move anyway! That’s why I've brought Arthur Colker, the mastermind behind StayFi, onto the show today. Arthur will share the best and easiest way to capture guests’ email addresses, helping you boost direct bookings, foster repeat busin...
Mar 26, 2024•15 min•Ep. 139
How are we going to turn this old lake house into a short-term moneymaking rental? Easy! We'll renovate it, modernize it, make the most of its many rooms, maximize occupancy, provide the outdoor amenities every lake house needs, build a game room that will leave everyone speechless, optimize our listing, and step up our marketing game. In no time, this outdated lake house will become a mega super property generating STR wealth like it’s nothing. Don’t believe us? Then tag along for the ride, and...
Mar 19, 2024•20 min•Season 1Ep. 138
Do you know what makes the biggest difference in short-term rentals? Small amenities. The little things that you can buy for less than $100, but will give your guests a feeling of luxury, abundance, and homeliness. These are the things that will get you five-star reviews and keep guests coming back time and time again! In this episode, my wife Brea and I share insider tips for dramatically improving your short-term rental properties with little to no effort and money. Tune in and discover how to...
Mar 12, 2024•18 min•Ep. 137
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! Ready to go from a Good to Great STR Investor? Download the same exact Proforma both Jon “The Bank Whisperer” Hodge and I both use to Underwrite our personal investments and for Rivan Capital group. Free Training included with this free download. Download Here - https://buildstrwealth.com/proforma This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode, Bill sits down with Arthur...
Mar 08, 2024•18 min•Ep. 126
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! Ready to go from a Good to Great STR Investor? Download the same exact Proforma both Jon “The Bank Whisperer” Hodge and I both use to Underwrite our personal investments and for Rivan Capital group. Free Training included with this free download. Download Here - https://buildstrwealth.com/proforma This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode, Bill Faeth discusses the i...
Mar 05, 2024•16 min•Ep. 135
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! Ready to go from a Good to Great STR Investor? Download the same exact Proforma both Jon “The Bank Whisperer” Hodge and I both use to Underwrite our personal investments and for Rivan Capital group. Free Training included with this free download. Download Here - https://buildstrwealth.com/proforma This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode, Bill Faeth, an experienced...
Mar 01, 2024•35 min•Ep. 134
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STR Unfiltered, host Bill Faeth discusses the concept of sharing knowledge openly within the industry. He emphasizes that there are no real secrets left, advocating for a culture of generosity. Bill discusses the importance of understanding the dynamics of the market, including fluctuations and saturation. He highlights t...
Feb 27, 2024•19 min•Ep. 133
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this edition of STRUnfiltered, Bill Faeth sits down with Jason Hartman, CEO of a real estate investment company, on the STR Unfiltered podcast. They discuss different types of rental markets including short term, midterm and long term, with a specific focus on long term rentals. Hartman shares his insights on the market trends, how inter...
Feb 25, 2024•27 min•Ep. 132
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this edition of STRUnfiltered, host Bill Faeth discusses the process and strategy behind property repositioning. Bill shares his personal experiences with repositioning properties and outlines how it can aid in achieving financial freedom. He emphasizes the importance of understanding the reasoning behind repositioning decisions and cons...
Feb 20, 2024•15 min•Ep. 131
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode, the hosts of STR Unfiltered, Bill Faeth and Chris Wharton, reflect on their recently held conference while discussing the lessons learnt, pain points, and possible improvements for future events. The key discussions revolve around the new initiatives by StayFi, the detailed recap of the conference and its vendors, and the u...
Feb 16, 2024•28 min•Ep. 130
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of the STR Unfiltered podcast, Bill Faeth discusses the importance of patience and diligent research when approaching real estate investing. He touches upon the current market, interest rates, and aligns against the rush to buy properties. By explaining the different aspects involved while making a deal, he emphasizes how bu...
Feb 13, 2024•16 min•Ep. 129
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. This episode of STR unfiltered focuses on the importance of utilizing email marketing as an effective tool for property rental businesses to generate more revenue. It discusses how cost-effective email marketing can be in comparison with other advertising channels such as Google, Facebook, and LinkedIn ads. The speaker emphasizes the necess...
Feb 09, 2024•12 min•Ep. 128
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In the episode, host Bill Faeth shares vital insights about increasing direct bookings by up to 55% and executing a 200-day direct booking funnel. He emphasizes the importance of building an email list using a platform like StayFi for guest Wi-Fi access. He discusses StayFi's new HomePage feature that assists in integrating local attraction...
Feb 06, 2024•14 min•Ep. 127
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. The podcast episode features Bill Faeth, the host of STR Unfiltered, talking to Parker Borofsky. They discuss the importance of new and innovative marketing tools such as HomePage by StayFi. Faye emphasizes the value of StayFi in boosting direct bookings and enhancing guest experiences. Brodsky, a mortgage professional and real estate inves...
Feb 02, 2024•23 min•Ep. 126
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STR Unfiltered, host Bill Faeth discusses the '5/50/250 Plan', a strategy he used to generate a million dollars in net income annually through short term rentals. Bill emphasizes the importance of quality over quantity, predicting revenue to get a higher return on investment, meaning there is no need to own multiple prope...
Jan 31, 2024•17 min•Ep. 125
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STR Unfiltered, host Bill Faeth, founder of numerous start-ups including 'Build Short Term Rental Wealth', delves into what he believes is the most crucial skill in real estate investment: underwriting. Bill reveals that although often overlooked or simplified by other investors, accurate and comprehensive underwriting is...
Jan 26, 2024•12 min•Ep. 124
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STRUnfiltered, host Bill Faeth interviews co-host Natalie Palmer about her experiences in co-hosting vacation rentals and how it has affected her life. Natalie, who manages ten properties in California’s Big Bear ski resort, shares valuable advice on operating a successful rental business, the advantages of having multipl...
Jan 23, 2024•35 min•Ep. 123
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STRUnfiltered, host Bill Faith invites special guest Brenna Carles, the founder of the Mortgage Shop, to discuss the best strategies to get great mortgage deals for short-term rental investing. Brenna shares valuable insights about considering mortgage rates, planning long-term investment goals, understanding the impact o...
Jan 19, 2024•31 min•Ep. 122
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. MoneyInsightsGroup.com In this episode of STRUnfiltered, Bill Faeth hosts a detailed conversation with Christian Allen and Rod Zabriskie from Money Insights Group. The trio delve into the concept of 'alternative investing' and the transformative potential of nested returns. They discuss the power and value of capitalizing on multiple income...
Jan 16, 2024•38 min•Ep. 121
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STRUnfiltered, host Bill discusses the topic - 'Are you ready to buy property?' He first encourages listeners to identify the reasons behind their decision to invest and also to decide whether it's a lifestyle asset or a financially driven decision. He then talks about the importance of understanding one's 'bankability' a...
Jan 12, 2024•13 min•Ep. 120
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STRUnfiltered, Bill is joined by Shawn Moore, owner of “Vodyssey” and one of the great minds in the world of Short-Term Rentals. The two go into detail about Shawn’s upbringing, how he was drawn into the world of Real Estate, and (of course) about that signature cowboy hat. Bill and Shawn share a similar style and approac...
Jan 09, 2024•38 min•Ep. 119
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STRUnfiltered, Bill discusses the upcoming opportunities in the real estate market as the Fed announces likely rate increases in 2024, urging listeners not to fear changes in interest rates but to focus on cash flow, cash on cash return and the internal rate of return. He believes that the possible rate decrease could shi...
Jan 05, 2024•15 min•Ep. 118
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STRUnfiltered, Bill anticipates a strong year for real estate in 2024, influenced heavily by the Federal Reserve's potential interest rate decreases. He advises listeners about strategic positioning for success, emphasizing the importance of being proactive, making strategic investments, and not being afraid to access cap...
Jan 02, 2024•12 min•Ep. 117
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STRUnfiltered, host Bill Faeth, explores revenue maximization for short-term rental property owners. Bill emphasizes the need for tactical preparation ahead of the summer booking season, shares his expertise in high-demand property management, and sheds light on ideal revenue management strategies. He also gives actionabl...
Dec 29, 2023•19 min•Ep. 116
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STR Unfiltered, host Bill Faeth discusses the significance of investing in high-quality photography for short-term rentals. He argues that investing in top-tier photos is the best way to maximize return on investment (ROI) for rental owners. He shares his personal story of investing an average of $2500 per property on pho...
Dec 26, 2023•13 min•Ep. 116
StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. On the STR Unfiltered podcast, host Bill Faeth discusses artificial intelligence in property management with special guest Sam Dundas, the co-founder of GetBestie.ai. They discuss how Dundas ventured into the AI industry and developed GetBestie.ai as a revolutionary tool for property managers and hosts. Dundas explains how their AI platform...
Dec 22, 2023•23 min•Ep. 114