This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries.
In this episode of STRonomics, the hosts discuss the importance of location in the success of short-term rental (STR) properties. Their guest, Kenny Bedwell, shares his firsthand experiences with his STR property in Watkins Glen, New York, and how he sets his property apart via unique amenities, such as a newly installed movie theater room. They emphasize the importance of investing in top-performing properties and continually upgrading them to remain competitive and drive high returns. Furthermore, they delve into the strategy behind choosing properties close to key attractions and highlight common pitfalls investors should avoid concerning property location.
00:01 Introduction
00:26 Tour of Kenny's Home Theater
01:56 Discussing ROI and Unique Features
02:48 The Importance of Location in Property Investment
03:10 Case Studies: The Impact of Location on Property Value
03:37 The Pitfalls of Ignoring Location
07:16 The Role of Location in Market Saturation
09:22 The Importance of Unique Property Features
11:02 Investing in Property Upgrades
19:58 Conclusion and Sign Off
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Instagram: Kenny_Bedwell
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Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1
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