Bill sits down with Pace Morby to debunk myths about the profitability and viability of Airbnb. Bill, known for his highly successful short-term rental strategies and large events, shares his expertise on how to transform average properties into 'super properties.' The discussion explores the importance of marketability, meticulous property searches, and maintaining high standards for quality and cleanliness. Bill emphasizes the value of hands-on management, providing personalized guest experiences, and continuous engagement in the market. He contrasts his methodical approach with the common, lazy practices that lead to subpar performance in short-term rentals. The conversation touches upon Bill's personal journey, his successful business ventures, and his strategic investments in locations set to boom, such as Whitefish, Montana. Additionally, Bill shares insights on innovative methods like using CRM software for direct bookings and nurturing guest relationships. The episode highlights the principle of 'two extra steps,' a concept Bill is writing a book on, which signifies doing what others are unwilling to do. This approach has not only set him apart in the real estate industry but also in life, emphasizing continuous growth and adaptation. The episode concludes with the announcement of Bill’s upcoming real estate event in Nashville and his new book release, promising valuable takeaways for anyone looking to excel in the short-term rental market.https://www.marketmystr.com/00:00 Introduction00:04 Airbnb: Debunking the Myths00:16 Bill Faeth's Background and Event Highlights00:35 Montana and Personal Life01:13 Airbnb Strategies and Success Stories03:34 The Importance of Sales and Marketing04:22 Two Extra Steps Philosophy10:57 Challenges in the Airbnb Industry13:45 Consistency and Quality in Short-Term Rentals27:38 Personal Stories and Early Ventures32:45 Flipping Success and Market Trends33:58 Fast Money, Medium Money, Slow Money34:45 Personality Types and Investment Goals38:26 The Importance of Patience in Real Estate38:50 Questioning the Value of College42:21 The Power of Consistency and Persistence43:52 Evaluating and Repositioning Properties46:29 The Impact of Community and Networking52:50 The Value of Super Properties01:00:06 Upcoming Real Estate Event➡️ 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 Bill Faeth 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.Subscribe/Follow so you never miss an episode!#BFUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices

Bill sits down with Billy Jinks, a successful entrepreneur from Phoenix, Arizona. Billy shares his journey in the ground transportation business, owning Jet Limousine, one of the largest companies in Arizona, and describes his early fascination with limos and cars. They discuss the growth of Billy's company from 30-50 vehicles in 2020 to a fleet of about 100 vehicles, including various types of buses and luxury cars, generating approximately $19 million annually. Billy also owns Salt River Tubing, a business acquired two years ago, now seeing significant improvements and increased efficiency. He describes the operational changes made to enhance customer experience, such as new systems for faster check-in and using larger buses. Despite the challenges of insurance, parts availability, and fuel prices, Billy appreciates the success and enjoyment he derives from his work. They also talk about his volunteer work with the sheriff's office and his love for exotic cars, which he occasionally flips for business and personal use. The discussion wraps up with reflections on the importance of balancing work with personal life and hobbies. Bill encourages Billy to take time off and explore new interests outside of work, emphasizing the need for self-care as an entrepreneur. This episode is a blend of business insights, personal anecdotes, and motivational advice for entrepreneurs looking to innovate and grow.stayfi.com/billDiscount code: BILLhttps://www.marketmystr.com/00:00 Introduction to Bill Faeth Unfiltered00:14 Revolutionary Product: Stay Fi01:10 Exclusive Offer for Stay Fi01:47 Interview with Billy Jinks: Entrepreneurial Journey03:53 Scaling the Business: Challenges and Strategies06:26 Innovations in Salt River Tubing09:44 Managing Logistics and Operations11:38 Diversifying with Exotic Cars12:38 Dreaming of the S65: The Ultimate Car Experience12:58 Challenges in Sourcing Exotic Cars13:44 Exploring the Turo Business Model15:31 Volunteering with the Sheriff's Office16:26 Struggles of an Entrepreneur18:19 Balancing Work and Personal Life23:12 Unexpected Opportunities from the Limo Business25:25 Conclusion and Final Thoughts➡️ 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 Bill Faeth 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.Subscribe/Follow so you never miss an episode!#BFUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices

Bill narrates a whimsical, rhyming tale styled after 'Twas the Night Before Christmas,' where the anticipation for summer bookings replaces the holiday excitement. He humorously describes the preparation for Airbnb bookings and includes a call-to-action for viewers to join a Facebook group live session on Christmas morning. Bill encourages the audience to set their dynamic pricing, notify their guests, and gear up for the summer booking season.Join Our Facebook Group: https://www.facebook.com/groups/284886002732508 stayfi.com/billDiscount code: BILL➡️ Connect with us:• 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 Bill Faeth 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.Subscribe/Follow so you never miss an episode!#BFUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices

Bill welcomes Matt Porcaro, creator of the 203K Way. Matt transitioned from corporate America to full-time real estate investing, starting with a 3.5% FHA loan and turning $9,500 into $130,000 in equity. He dives into the details of the 203K Way, an FHA loan program that allows for purchasing and renovating properties with minimal down payment. Matt shares his journey from working as an engineer in New York City to discovering this lesser-known, government-backed financing tool, which enabled him to buy a duplex and accumulate significant equity. He emphasizes the importance of owner-occupancy and leveraging low down payment opportunities as a beginner. Despite facing challenges, including long commutes and dissatisfaction with his corporate job, Matt persisted and found success in real estate. The discussion also touches on refinancing strategies, the role of mortgage insurance, and the benefits of house hacking. Matt reveals his current portfolio, flipping houses for active income and holding properties for long-term gains. He provides insights into current market trends, the impact of political uncertainty, and the emergence of accessory dwelling units (ADUs) as a solution to the housing shortage. The episode concludes with a focus on the future of real estate investing and the importance of flexibility and resilience in one's strategy. The host encourages listeners to follow Matt's journey through his coaching program and Instagram, emphasizing the value of the 203K loan as a critical tool for real estate investors.stayfi.com/billDiscount code: BILLhttps://www.marketmystr.com/➡️ 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 Bill Faeth 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.Subscribe/Follow so you never miss an episode!#BFUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices

Bill sits down with John Hildebrand, an expert in short-term rentals and an advocate with extensive experience in managing and co-hosting properties. They dive into pressing regulation issues in Scottsdale, discussing capacity constraints and advocacy efforts, including the formation of the Arizona for Responsible Tourism organization. John shares his journey, including his history in photography and his passion for building and renovating homes. They talk about the challenges of finding the right partners and properties in a saturated market and the importance of innovative revenue management. Both emphasize the value of personal connection, honesty, and the importance of a supportive community in the short-term rental industry. John outlines his future goals of expanding his property portfolio and potentially buying land in mountain regions like Flagstaff. They also discuss the significance of adopting advanced technology and VAs in managing properties efficiently. Bill and John conclude by encouraging new hosts to find their tribe, embrace honest communication, and never hesitate to seek help from the community.stayfi.com/billDiscount code: BILLhttps://www.marketmystr.com/00:00 Introduction to Bill Faeth Unfiltered00:14 Revolutionary Product: StayFi01:47 Special Guest: John Hildebrand02:13 Scottsdale Regulations and Advocacy03:48 The Importance of Statewide Advocacy04:56 John's Journey into Advocacy06:15 Building Arizona for Responsible Tourism07:26 Challenges and Successes in Advocacy11:42 Transition to Hilled Homes11:51 John's Business and Property Management16:58 Optimizing Property Performance18:56 Tech Stack and Time Management21:00 Planning the Ski Season21:14 Backcountry Adventures and Mastermind Meetings22:18 Importance of Systems and VAs22:44 Balancing Business and Personal Life23:36 Airbnb Ambassador Journey25:03 Coaching and Mentorship26:19 Real Estate and Personal Background27:09 Super Skills and Weaknesses28:32 Biggest Risks in the Industry29:29 Future Plans and Investments31:57 Revenue Management and Competition35:05 Communication and Accountability37:27 Finding Your Tribe and Networking38:36 Overcoming Inferiority Complex41:32 Conclusion and Final Thoughts➡️ 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 Bill Faeth 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.Subscribe/Follow so you never miss an episode!#BFUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices

Ryan Bakke, a tax strategist specializing in small and medium businesses as well as short-term rentals, shares invaluable insights on year-end tax strategies. He emphasizes the critical role of proper bookkeeping and having a CPA to navigate tax planning effectively. Ryan discusses innovative tips like paying children for business tasks to build their Roth IRAs, and the strategic benefits of cost segregation studies for maximizing deductions. He provides actionable advice on prepaying taxes and utilizing retirement accounts to enhance savings before the fiscal year closes.

Bill welcomes Sam Rubin, the founder of the top luxury concierge service, DONE Concierge Service, based in Park City. Sam shares his journey from the restaurant business and email marketing in Huntsville, Alabama, to managing a high-end ground transportation company and luxury concierge service. Sam discusses the importance of exceptional guest services, such as personalized grocery deliveries and transportation, and how they can elevate short-term rental experiences. He emphasizes the value of building relationships over transactions and offers practical tips for property managers to implement similar services. The episode also highlights how these premium services can transform guest impressions and lead to increased bookings and revenue.stayfi.com/billDiscount code: BILLhttps://www.marketmystr.com/00:00 Introduction to Bill Faeth Unfiltered00:14 Revolutionizing Bookings with StayFi01:10 Exclusive Offer: 50% Off StayFi01:50 Special Guest: Sam Rubin02:41 Sam Rubin's Journey to Park City08:03 From Uber Driver to Luxury Transportation11:03 Navigating COVID with Tony Hsieh15:29 Expanding Services with Abode18:16 Launching DONE Concierge Services19:39 Catering and Family Meals for Large Groups20:15 The Importance of Connections in Service Delivery21:30 Enhancing Guest Experience with Personalized Services22:11 Innovative Grocery Delivery Solutions27:13 The Impact of First and Last Impressions29:29 Starting Concierge Services: Tips and Advice31:21 Monetizing Additional Services37:07 Conclusion and Final Thoughts➡️ 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.Subscribe/Follow so you never miss an episode!#STRUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices

https://www.marketmystr.com/https://go.buildstrwealth.com/movetheneedleBill explores the power of email marketing to increase direct bookings for short-term rental properties. He shares practical strategies including leveraging tools like StayFi for email capture and Market My STR for comprehensive marketing automation. Bill emphasizes the importance of building a 200-day email funnel to foster repeat bookings and discusses how integrating personalized content and multiple communication channels can enhance guest loyalty. He also offers insights into using research tools like ChatGPT and Jasper.ai for creating effective marketing content. The episode provides actionable steps to turn short-term rental businesses into profit-generating and future-proofed ventures.stayfi.com/billDiscount code: BILL00:00 Introduction to Email Marketing for Short-Term Rentals00:17 The Power of Repeat Bookings00:54 Email Marketing: The Key to Direct Bookings01:20 Tools for Effective Email Marketing01:58 Building a 200-Day Email Funnel03:16 Using AI for Research and Copywriting05:58 Content Strategy for the 200-Day Funnel13:28 Personalization and Automation16:03 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.Subscribe/Follow so you never miss an episode!#STRUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices

https://go.buildstrwealth.com/movetheneedleMarketMySTR: https://www.marketmystr.com/Co-hosting Business Masterclass: https://buildstrwealth.com/cohost5/50/250 Plan: buildstrwealth.com/550250masterclassIn this episode you'll learn how to break into the Airbnb business without owning a property by becoming a co-host. Bill explains the process, addressing common questions about co-hosting, required skills, and how to make money. He contrasts co-hosting with the riskier Airbnb arbitrage model and provides insights on how to manage and profit from co-hosting ethically. By the end, viewers will have actionable steps to start their short-term rental journey, including marketing strategies and scaling tips to make significant income without upfront investment.stayfi.com/billDiscount code: BILL00:00 Introduction to Starting Airbnb with No Money00:11 Why Co-Hosting is the Best Option01:00 The Pitfalls of Arbitrage02:16 Understanding Airbnb Co-Hosting03:13 Transparency in Co-Hosting05:19 Financial Setup and Scaling08:22 Maximizing Earnings and Scaling Up13:05 Targeting High-End Markets14:24 Building a Brand and Acquiring Clients19:52 Conclusion and Masterclass Invitation➡️ 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.Subscribe/Follow so you never miss an episode!#STRUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices

https://go.buildstrwealth.com/movetheneedleBill welcomes Brianna Chavis, a resilient co-host in the short-term rental (STR) industry. Brianna shares her remarkable journey overcoming significant adversities, including losing her home to a fire and enduring hurricane damages. The discussion highlights her transition from real estate investing to co-hosting to recover financially, underscoring the importance of resilience, safety measures, and proper insurance coverage. Brianna's experiences offer valuable lessons in reviewing insurance policies, ensuring adequate coverage, and the financial implications of policy changes. The episode also emphasizes the strength in community and gratitude towards mentorship. Listeners are encouraged to subscribe for more insightful content.stayfi.com/billDiscount code: BILL00:00 Introduction and Event Promotion00:53 Meet Brianna Chavis: A Story of Resilience01:44 The Day Everything Changed04:44 Insurance Woes and Lessons Learned10:18 Navigating Post-Disaster Challenges11:15 Building a Co-Hosting Business11:42 Financial Struggles and Survival12:32 Fire Safety and Property Management14:36 Success Stories and Case Studies16:29 Overcoming Natural Disasters17:20 Lessons Learned and Future Plans19:29 Final Thoughts and Gratitude➡️ 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.Subscribe/Follow so you never miss an episode!#STRUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices