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.
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ANECDOTE

First Investment

  • Bill and Brea Faeth initially sought to invest in Seaside, Florida, but it proved too expensive.
  • They then found a more affordable option in Gulf Shores, Alabama, marking the start of their investment journey.
ADVICE

Property Criteria

  • When choosing a property, establish clear criteria aligned with your desires.
  • Brea's criteria were to see, hear, and smell the ocean from the property.
ANECDOTE

Self-Management

  • Bill and Brea bought their first property, Bella Vista, and initially used a property management company.
  • Dissatisfied, they took over management, doubled the revenue, and learned valuable lessons.
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