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Bill shares his strategy for reducing dependence on Online Travel Agencies (OTAs) and boosting direct bookings. He discusses his '550 250 Plan,' which aims to generate $250,000 in income over five years with five properties, each netting over $50,000. Bill details his latest $3 million property purchase in Montana, funded through strategic sales and creative financing. He breaks down essential components of sound investing: cash flow, appreciation, tax benefits, and debt paydown, and provides actionable insights into acquiring and managing profitable short-term rental properties.
Discount code: BILL
www.buildstrwealth.com/550250masterclass
https://buildstrwealth.com/innercircle
00:00 Introduction to STR Unfiltered
00:17 The Power of StayFi for Email List Building
01:18 Exclusive StayFi Discount Offer
01:54 Buying a $3 Million Property for Free
03:23 The 550 250 Plan Explained
03:50 Case Study: Banner Elk Property
05:27 Finding and Evaluating Deals
06:44 Case Study: Gulf Shores Property
08:09 Case Study: Coram Condo
11:25 Executing the 550 250 Plan
13:06 Four Core Components of Sound Investing
21:30 Conclusion and Next Steps
➡️ Connect with us:
• Join Our Facebook Group: https://www.facebook.com/groups/284886002732508
• Check Out Our website: https://buildstrwealth.com/
• Bill’s Instagram: https://www.instagram.com/billfaeth73
• Brea’s Instagram: https://www.instagram.com/breafaeth/
• TikTok: https://www.tiktok.com/@bfaeth
On STR Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.
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