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
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Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA
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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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