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] I...
Jun 15, 2023•16 min•Ep. 49
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 wi...
Jun 08, 2023•25 min•Ep. 48
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 [...
Jun 01, 2023•22 min•Ep. 47
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 Wedd...
May 25, 2023•26 min•Ep. 46
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, Tex...
May 18, 2023•26 min•Ep. 45
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...
May 11, 2023•22 min•Ep. 44
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.youtu...
May 04, 2023•18 min•Ep. 41
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/UCnheh3vx0h...
Apr 27, 2023•26 min•Ep. 40
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 lev...
Apr 20, 2023•21 min•Ep. 39
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 epis...
Apr 13, 2023•25 min•Ep. 38
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 i...
Apr 06, 2023•26 min•Ep. 37
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 e...
Mar 30, 2023•26 min•Ep. 36
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 B...
Mar 23, 2023•22 min•Ep. 35
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...
Mar 16, 2023•26 min•Ep. 34
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 Ti...
Mar 09, 2023•25 min•Ep. 33
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 T...
Mar 02, 2023•40 min•Ep. 32
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 UNFI...
Feb 23, 2023•30 min•Ep. 31
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 UNFI...
Feb 16, 2023•29 min•Ep. 30
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 ...
Feb 09, 2023•31 min•Ep. 29
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 Fac...
Feb 02, 2023•37 min•Ep. 28
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 Buil...
Jan 26, 2023•30 min•Ep. 27
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 Instag...
Jan 19, 2023•30 min•Ep. 27
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 Buil...
Jan 12, 2023•35 min•Ep. 26
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 Facebo...
Jan 05, 2023•38 min•Ep. 25
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://stri...
Dec 29, 2022•39 min•Ep. 24
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://strinsi...
Dec 22, 2022•44 min•Ep. 23
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/ Inst...
Dec 15, 2022•48 min•Ep. 22
On today's episode Bill and Kenny sit down to discuss the importance of location. 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 abo...
Dec 08, 2022•27 min•Ep. 21
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/ Instag...
Dec 01, 2022•29 min•Ep. 20
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....
Nov 24, 2022•37 min•Ep. 19
