STRonomics

How to find properties that cash flow $50K+

May 2, 2024

Industry insiders Bill Faeth and Kenny Bedwell share strategies for identifying short-term rental properties that can yield over $50k in cash flow. They discuss the '550 to 50 property stacking plan' for netting $250k a year in 5 years, emphasize market dynamics, property selection, and data analysis. The episode covers market saturation, regulatory impacts, financing, and property optimization tips for building a successful short-term rental business.

23:46

Episode guests

Kenny Bedwell

Bill Faeth

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Episode notes

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Quick takeaways

Utilize the '550 to 50 property stacking plan' to build $250,000/year net income by acquiring 5 properties.

Leveraging data analysis and market evaluation helps in identifying high cash flow properties for investment.

Deep dives

Investing in Short-Term Rentals with the 550-250 Property Stacking Plan

The podcast episode discusses the concept of the 550-250 property stacking plan, focusing on generating $250,000 a year in income over five years by acquiring five properties with an average annual cash flow of $50,000 each.

Introduction

2min

Maximizing Cash Flow Through Strategic Property Acquisition

7min

Importance of Data Analysis and Evaluation in Property Investment

5min

Understanding Market Segmentation and Sub Markets Within Regions for Informed Investments

2min

Maximizing Cash Flow Through Strategic Real Estate Investments

7min

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries.

In this episode of STRonomics, industry insiders Bill Faeth and Kenny Bedwell dive deep into the strategies for identifying and investing in short-term rental properties capable of generating significant cash flow. They introduce listeners to the '550 to 50 property stacking plan,' a method designed to build $250,000 a year in net income within five years by acquiring five properties. The discussion covers the importance of understanding market dynamics, selecting the right properties, optimizing operations, and utilizing data from various sources to make informed decisions. The episode also touches on overcoming common pitfalls like market saturation and the impact of regulations on profitability. Moreover, practical advice on financing, market analysis, and property optimization is shared to help potential investors establish a lucrative short-term rental business while navigating the complexities of the current market landscape.

00:00 Navigating the Short-Term Rental Market: Insights and Strategies

00:28 Maximizing Your STR Marketing with Market My STR

01:59 Deep Dive into the 550 to 50 Property Stacking Plan

04:19 Finding High Cashflow Properties: Strategies and Budgeting

09:22 Data Analysis: Navigating Disparities and Identifying Opportunities

16:57 Market Selection and Property Analysis: The Key to STR Success

20:48 Advanced Investment Strategies for Short-Term Rentals

23:10 Closing Thoughts and Resources for STR Hosts

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

STR Data Hosts Facebook Page

Instagram: Kenny_Bedwell

You can find more of Bill online at:

Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1

Build STR Wealth: https://buildstrwealth.com/

Instagram: @BillFaeth73

Tik Tok: @bfaeth

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