Bill Faeth Unfiltered

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.In this exciting new episode of STRUnfiltered, join Bill as he reveals his top secrets to make your photos pop and transform them into SUPER PHOTOS.Bill dives into the importance of staging your property correctly and shares invaluable tips on finding a photographer who specializes in short-term rental photography.Discover how Bill is approaching his Whitefish, Montana property with his innovative milkshake bar and learn what elements he focuses on to reinvent your listing.Lastly, having a vision of the story you want to tell about your property is of great value. It gives the photographer the ability to create a listing that is memorable and helps you bring in new guests!Get ready to level up your rental game with Bill's expert advice! Tune in now to STRUnfiltered![00:00] Introduction[00:30] Staging[02:15] Whitefish, MT[04:50] What You’re Doing Wrong[06:00] The Smokies[08:30] Marketing Amenities[10:00] Helping Your Photographer[11:45] Wrap UpWatch this episode on our Youtube Channel Every Tuesday & Fridayhttps://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kAThe Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508You can find more of Bill online at:Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1Build STR Wealth: https://buildstrwealth.com/Instagram: @BillFaeth73Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.In this week's STRUnfiltered, Bill unveils the secrets behind his successful management of debt, ensuring he's always geared up to invest in new short-term rentals.Discover the strategic approach Bill takes when it comes to securing loans and how he forges strong relationships with local commercial banks. You'll learn why viewing the loan process as an interview with the bank and its programs is a game-changer!Ever wondered how credit cards can be utilized to their fullest potential? Bill has the answers! He shares invaluable insights into using credit cards for miles and mastering the art of maximizing the point system.But that's not all! Bill reveals a clever tactic he employs—his wife takes ownership of the so-called "bad assets," artfully keeping them off his credit score and debt-to-income reports. Learn how this separation from business assets can open doors to better loan and credit card opportunities.Stay tuned for a power-packed episode filled with financial wisdom and savvy strategies, so you too can navigate the world of short-term rentals with confidence and success![00:00] Introduction[00:38] Loans[02:30] Local Commercial Banks[05:25] Paying Down Debt[06:30] Credit Cards[09:01] Paying Credit Cards Off[10:07] Wife Owns Bad Assets[11:47] Personal Financial Statement[12:05] In ClosingWatch this episode on our Youtube Channel Every Tuesday & Fridayhttps://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kAThe Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508You can find more of Bill online at:Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1Build STR Wealth: https://buildstrwealth.com/Instagram: @BillFaeth73Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.In the latest episode of STRUnfiltered, Bill shares insights into managing his six active businesses while maintaining a thriving personal life. Bill emphasizes the importance of creating a life plan that harmonizes with his family's aspirations and adopting a family-first mindset. He discusses his approach to setting daily and annual goals in his planner, highlighting the subsequent actions he takes to progress towards accomplishing them. Lastly, Bill talks about the significance of maintaining a broader perspective to ensure the achievement of his long-term life goals. If you're juggling a hectic family and work life, this episode is a must-listen![00:00] My Busy Life[01:45] Creating A Life Plan[01:55] Family First[02:36] Goal Setting[03:48] Key Motivations[05:40] Action Steps[08:10] Start/Complete Time[09:50] My Calendar[11:35] Big Life Goals[12:45] In ClosingWatch this episode on our Youtube Channel Every Tuesday & Fridayhttps://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kAThe Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508You can find more of Bill online at:Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1Build STR Wealth: https://buildstrwealth.com/Instagram: @BillFaeth73Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.In this episode of STRUnfiltered, Bill shares his methods for auditing and repositioning his short-term rental portfolio to turn it into a Super Portfolio.He examines his Equity spreadsheet, highlighting properties that don't generate enough cashflow to justify keeping them. Bill emphasizes the importance of considering the time required to make properties profitable, using his whitefish property as an example. Lastly, he emphasizes the significance of aligning repositioning decisions with his life plan and goals, rather than solely focusing on unit numbers.[00:00] Building A Super Portfolio[02:57] Return on Equity Spreadsheet[07:36] Can I Reinvest and Make More?[11:40] Whitefish Property[13:17] Repositioning on What I Want[16:00] My Life Plan[17:50] In ClosingWatch this episode on our Youtube Channel Every Tuesday & Fridayhttps://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kAThe Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508You can find more of Bill online at:Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1Build STR Wealth: https://buildstrwealth.com/Instagram: @BillFaeth73Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.In this episode of STRUnfiltered, Bill discusses his strategies for transforming properties into highly profitable assets and building a Super Portfolio from those properties.He emphasizes the importance of taking an aggressive approach when evaluating properties and dedicating ample time to researching various markets.Bill acknowledges that no property can be considered completely turnkey, and highlights the significance of investing in the right amenities to captivate potential guests and “Stop the Scroll”Lastly, he emphasizes the need to distinguish current challenges from past mistakes, encouraging listeners to overcome limiting beliefs and aim for ambitious goals.[00:00] Introducing STRUnfiltered[00:45] Being an Aggressive Investor[02:40] The Three Pack[04:00] Investing Into The Property[07:36] Operations[09:30] Problems for Past Errors[13:20] In ClosingWatch this episode on our Youtube Channel Every Tuesday & Fridayhttps://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kAThe Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508You can find more of Bill online at:Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1Build STR Wealth: https://buildstrwealth.com/Instagram: @BillFaeth73Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.On this week's episode of STRUnfiltered, Bill welcomes a special guest and friend, Jose Cornejo. Jose, the founder-owner and operator of Cornejo Rentals, is not only a Member of BSTRW Mastermind and a Cohost but has also achieved real estate financial freedom by leaving his marketing job. They discuss the power of small details in transforming a regular property into an exceptional one. Jose shares his journey and how important relationships are in the market you STR in. If you're looking to leave your day job, Jose serves as a perfect mentor and role model for achieving such a feat.[00:00] Introducing Jose Cornejo[01:20] Jose Cornjeo in the OBX[02:52] Two Crockpots[04:04] Cornejo Property[07:20] Jose’s Journey[10:30] Building a Good Relationship[13:10] Planning Desired Outcome[15:33] The Crew of Three[18:45] Stopping the 9-5[21:14] The Importance of Marketing[27:12] New Cohosting Client[30:00] Closing RemarksWhere to Find Jose:Instagram: https://www.instagram.com/jlcnyc7/Facebook: https://www.facebook.com/joselcornejo77Website: https://www.cornejorentals.com/Watch this episode on our Youtube Channel Every Tuesday & Fridayhttps://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kAThe Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508You can find more of Bill online at:Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1Build STR Wealth: https://buildstrwealth.com/Instagram: @BillFaeth73Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.On this week's episode of STRUnfiltered, Bill discusses the non-existence of turnkey properties if you are aiming to become a super property. He shares insights on distinguishing and elevating his properties above competitors in the area. Additionally, he highlights three crucial pillars to enhance your new STR: Marketability, Cost, and ADR. This episode is a must-listen for new investors![00:00] Introduction[01:00] How I Build Super Properties[02:22] Montana House[04:45] Choosing The Right Amenities[07:35] Good, Better, And Best[08:15] Assessing the Property[09:47] Functionality[11:43] In ClosingWatch this episode on our Youtube Channel Every Tuesday & Fridayhttps://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kAThe Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508You can find more of Bill online at:Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1Build STR Wealth: https://buildstrwealth.com/Instagram: @BillFaeth73Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.On this week's episode of STRUnfiltered, Bill shares seven absolutely free marketing tips that you can implement right away to enhance your listings and ensure repeat guests. He emphasizes the significance of reviews, utilizing Facebook groups in specific cities, and highlights the impact of effective branding on your property, which can give you a significant edge over 70% of your competitors.[00:00] Introduction[00:46] Buy Sell Trade Groups[03:32] Ask Your Friends[04:45] Free Stays[06:30] Reviews[07:45] Email Marketing[09:26] Branding Your Property[10:55] Utility Branded Merch[11:30] In ConclusionWatch this episode on our Youtube Channel Every Tuesday & Fridayhttps://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kAThe Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508You can find more of Bill online at:Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1Build STR Wealth: https://buildstrwealth.com/Instagram: @BillFaeth73Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.This week on STRUnfiltered, Bill talks about the significance of always looking for new properties and how your mindsets can keep you stagnant. You have to define your own outcome, what that looks like, and plan the next directable action. Don’t let potential problems or high interest rates stop you from pursuing freedom from your W-2.[00:00] Introduction[00:35] Mindset[02:50] Underwriting[03:50] Looking for Properties[05:25] What if Theres a Problem?[07:20] Interest Rates too High[08:30] Worried About the Economy[09:28] Define Your Outcome[10:35] DM Me on Instagram[11:30] In ConclusionWatch this episode on our Youtube Channel Every Tuesday & Fridayhttps://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kAThe Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508You can find more of Bill online at:Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1Build STR Wealth: https://buildstrwealth.com/Instagram: @BillFaeth73Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.In STRUnfiltered this week, Bill talks about the biggest hurdle you can face when managing remotely and what he personally does to ease that fear. He lists the technology he uses to stay ahead of the curve and why you need to form good relationships with your cleaners and handymen in your area.[00:00] Introduction[00:36] Mindset[01:30] Calling for Help[02:45] Trusting Your Staff[03:08] Remote Technology[03:45] Getting A Team Together[06:20] Having Tech in Place[07:40] Referrals Through Facebook Groups[08:30] Getting Over Mental Hurdles[09:45] Closing RemarksWatch this episode on our Youtube Channel Every Tuesday & Fridayhttps://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kAThe Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508You can find more of Bill online at:Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1Build STR Wealth: https://buildstrwealth.com/Instagram: @BillFaeth73Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices