This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries.
In this episode of STRonomics, industry experts Bill Faeth and Kenny Bedwell discuss how to stay ahead of the curve in short-term rental investments amidst increasing regulation, market saturation, and rising interest rates. They caution against banking on future predictions like cost segregation bills or interest rates, stressing the importance of making informed, data-driven decisions based on the present situation. The duo also stress the need to be unique and differentiate one's property to succeed in increasingly competitive markets. The discussion also features tips on timely implementation of investment plans and avoiding common pitfalls in the acquisition process.
00:00 Introduction to Short Term Rentals
00:28 Market My STR: The Ultimate Marketing Platform for Short Term Rental Hosts
01:26 Welcome Back to STRonomics
01:52 Discussion on the Cost Segregation Bill
02:42 Why You Shouldn't Bank on the Future
04:15 The Importance of Timing in Property Investment
07:58 The Dangers of Speculation in Property Investment
11:49 The Impact of Amusement Parks on Property Investment
19:25 Conclusion: Focus on Making Your Property Unique
20:52 Outro: Thank You for Listening to STRonomics
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Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA
Instagram: Kenny_Bedwell
You can find more of Bill online at:
Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1
Build STR Wealth: https://buildstrwealth.com/
Instagram: @BillFaeth73
Tik Tok: @bfaeth
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