STRonomics

Bigger or Smaller...

Jun 20, 2024

Real estate investment expert Bill Faeth and short-term rental specialist Kenny Bedwell discuss investing in short-term rentals, comparing large vs. small properties, emphasizing customized strategies over trends, and the importance of market analysis. They explore untapped markets, competition, and ways to balance appreciation and cash flow for success in the industry.

15:21

Episode guests

Kenny Bedwell

Bill Faeth

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Episode notes

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Quick takeaways

Finding the right balance between ROI and time commitment is crucial in short-term rental investment.

Market analysis and niche targeting are essential for optimal investment decisions in big vs. small properties.

Deep dives

Investment Strategy: Finding the Right Balance

When considering investing in short-term rentals, the discussion revolves around the choice between bigger or smaller properties. The key insight highlighted emphasizes the importance of finding the right balance between return on investment (ROI) and time commitment. It stresses the significance of aligning investment choices with individual risk tolerance, financial goals, and the desired outcomes. Rather than a one-size-fits-all approach, the recommendation is to start based on comfort level, focus on quality over quantity, and adapt investment strategies as per evolving market dynamics.

Intro

2min

Property Investment: Size Doesn't Matter

7min

Investment Opportunities and Market Competition

3min

Investing Strategically in Real Estate Markets

2min

Analyzing Real Estate Market Trends for Short-Term Rentals

3min

Bill Faeth and Kenny Bedwell delve into the complexities of investing in short-term rentals amidst increasing regulation, market saturation, and rising interest rates. They discuss the merits and drawbacks of investing in large versus small properties and emphasize the importance of finding the right balance based on individual goals and risk tolerances. The episode touches on the significance of market analysis, the potential of untapped markets, appreciation, and cash flow. Additionally, they advocate for customized investment strategies rather than following industry trends.

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

00:00 Introduction to STRonomics

00:28 Market My STR: The Ultimate Marketing Platform

01:26 Diving into Property Investment Strategies

02:13 Big vs. Small Properties: What to Consider

04:58 The Importance of Market and Property Analysis

10:04 Finding Niche Markets and Avoiding the Herd Mentality

14:59 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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