Bill Faeth Unfiltered
Airbnb Investing As a Couple
Jan 14, 2025
Brea Faeth, wife of Bill Faeth and a passionate real estate investor, shares insights on aligning personal and investment goals while discussing their journey in short-term rentals. They reveal the ups and downs of their first investments, including their decision to shift focus from 30A to Gulf Shores. Brea emphasizes her three sensory 'must-haves' for properties. The couple also recounts spontaneous decisions and property management experiences, underlining the emotional side of selling and the value of ongoing education in real estate.
27:28
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Quick takeaways
- Aligning personal relationships with investment strategies is crucial for success, as seen in the couple's journey to shared financial goals.
- Taking control of property management significantly improved their investment outcomes, highlighting the importance of education and proactive involvement in real estate.
Deep dives
Finding Alignment in Investments
The importance of alignment in both investing strategies and personal relationships is emphasized, particularly within the context of a couple’s journey. Early in their relationship, both partners lacked a shared understanding of their financial goals, which led to misaligned decisions. A pivotal moment occurred during a conversation about short-term rentals while on vacation in 30A, highlighting personal desires for a beach property. This realization prompted a search in Gulf Shores, where they focused on a property that met specific criteria of being able to see, hear, and smell the ocean, thus beginning their path toward a more aligned investment strategy.
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