Bill Faeth & Kenny Bedwell

STRonomics

Business EN ↓ 108 episodes

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...

Be sure to visit the podcast's website and support the creator: buildstrwealth.com

Author

Bill Faeth & Kenny Bedwell

Category

Business

Podcast website

buildstrwealth.com

Latest episode

Dec 5, 2024

Where to listen?

Podcasts in the app Replaio Radio Coming soon

Podcasts are coming to the app soon. Install now and be the first to see a whole new take on podcasts

Get it on Google Play Install for free Android almost 10M downloads · 4.8 rating iOS soon

Episodes

What makes a super property? 24.08.2023

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. Diving into the latest episode of STRonomics: Join hosts Bill and Kenny as they unveil their cutting-edge techniques for transforming regular properties into extraordinary Super Properties.  Discover the true essence of luxury beyond market trends. Learn how to craft meticulous ma...

Your Time Value Proposition 17.08.2023

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In this week's episode of STRonomics, Bill and Kenny delve into their strategies for securing more fall bookings while effectively managing their time through the use of Virtual Assistants (VAs). They discuss their ongoing and upcoming endeavors, highlighting the role of VAs in th...

Stop Robbing Your Future w/ a HELOC 10.08.2023

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 engage in a candid discussion about their perspectives on Home Equity Line of Credits (HELOCs) and their potential to significantly impact one's investing prowess. They delve into the common practice among investors of utilizing...

Increase Revenue Through VA’s & Automation 03.08.2023

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-t...

4 Keys of Finding Profitable STR 27.07.2023

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...

#AirbnbBust: Is it real? 20.07.2023

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...

How to Forecast Future Revenue 13.07.2023

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 po...

When Should I Sell? 06.07.2023

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 li...

I'm Losing $3K A Month. What do I do? 29.06.2023

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...

I'm Losing $3K A Month. What do I do? Part 2 22.06.2023

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 th...

How Mixing MTR & STR Can Hurt Your Revenue 15.06.2023

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 ey...

How to increase revenue with little to no cost 08.06.2023

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...

STR Bottlenecks to Avoid 01.06.2023

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] Evaluat...

Maximizing Revenue For Your STR 25.05.2023

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 C...

How To Spot An Emerging STR Market 18.05.2023

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...

The REAL Value of Reviews 11.05.2023

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...

Advanced Pricing Strategies 04.05.2023

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 exampl...

Don't make this BIG mistake when analyzing properties 27.04.2023

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 Watc...

Is being a superhost worth it? 20.04.2023

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 marke...

Investing Trends 13.04.2023

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. Le...

Key Data For Investing & Operating 06.04.2023

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-mo...

7 Steps to Successful STR Investing 30.03.2023

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...

Top 3 Monthly Metrics to Track 23.03.2023

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:...

When you should or shouldn’t purchase 16.03.2023

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 invest...

Analyzing your current properties 09.03.2023

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 Bui...

Listen to the STRonomics podcast in Replaio

Radio and podcasts in one app - free, with no sign-up. Install today and do not miss the launch

Get it on Google Play

Replaio is not a podcast publisher; show names, artwork and audio belong to their authors and are distributed through public RSS feeds.