Bill Faeth Unfiltered

Super Grader: https://go.buildstrwealth.com/superpropertygraderProforma: https://buildstrwealth.com/proformaBill breaks down invaluable insights and tips on short-term rental property investments to avoid common pitfalls and optimize your returns. Drawing from real-world examples and personal experiences, the episode covers crucial strategies such as avoiding market-wide investments, focusing on specific properties, analyzing sub-markets by bedroom count, understanding entry costs, utilizing creative financing, and leveraging tax benefits. It also highlights the importance of cash flow, appreciation, debt pay-down, and tax incentives while making investment decisions. Lastly, the host shares practical tools like the 'super grader' method for evaluating potential property investments effectively.00:00 Introduction to Rental Property Investing00:08 Common Mistakes in Real Estate Investing01:11 Importance of Bedroom Count in Property Investment02:32 Barrier to Entry Costs04:19 Creative Financing Strategies05:57 Investing in Condos07:26 Four Pillars of Real Estate Investment10:16 Return on Equity Audit14:12 Super Grader and Performance Metrics15:50 Conclusion and Final Tips➡️ 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

Tony Stancato, a successful entrepreneur in property management known for his savvy use of LinkedIn, discusses his leap into full-time short-term rentals after a transformative 90-day posting challenge. He shares insights on utilizing cloud-based management software to streamline operations and the strategic acquisition of a multi-unit boutique motel in Northern Michigan. Tony emphasizes advanced revenue management techniques, like one-night minimum stays, and the importance of adaptability in navigating construction challenges, ultimately showcasing the evolving landscape of property management.

https://strwealthconference.com/Bill is joined by Micheal Burt, a legendary high school basketball coach turned business coach, at the Greatness Factory in Nashville, Tennessee. Burt shares his journey from starting as a basketball coach at 15 to becoming the 'Super Coach,' a title given to him by Grant Cardone. He discusses his coaching philosophy, which includes integrating psychological principles from Stephen Covey's works into his coaching methods. Burt emphasizes the importance of intensity, persistence, and the 'prey drive'—a term he uses to describe the drive to succeed. He also shares his early life experiences, being raised by a single mother and learning valuable lessons from coaches who became his mentors. Both Burt and Faith reflect on their own paths and the concept of finding one's purpose early in life. They also discuss the importance of having a coach and the value of long-term mentorship and exposure to high achievers. Burt talks about the challenges he faced in the business world, like being kicked out of his initial Greatness Factory venue, which taught him the importance of owning assets. He also describes how to convert one's skills and potential into real success through proper vehicles and environments. Faith highlights the significance of immersive experiences at smaller, intimate events for true transformation. The episode concludes with Burt sharing how to engage with his coaching programs and upcoming speaking events, emphasizing the long-term benefits of continuous learning and mentorship.https://www.coachburt.com/www.instagram.com/michealburt/00:00 Welcome to Bill Faith Unfiltered00:02 Introducing the Greatness Factory00:38 Meet Super Coach Micheal Burt01:38 Micheal Burt's Coaching Journey04:12 The Making of a Championship Coach08:40 Transitioning to Business Coaching13:43 Unlocking Potential with Prey Drive15:21 Building the Greatness Factory20:49 Entrepreneurial Spirit and Boldness23:52 The Power of Manifestation24:24 Creating a Culture of Trust and Purpose24:45 The Importance of Environment and Surroundings25:10 Building Deep Relationships30:55 The Language of Winning33:01 The Success Cycle vs. The Sewer Cycle34:30 The Value of Proximity and Immersive Experiences35:39 The Journey to Mastery39:02 The Importance of Seizing Opportunities48:00 Final Thoughts and Contact Information➡️ 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

In this engaging discussion, Justin Ford, an expert in short-term rental safety and creator of a leading safety course, dives into the often-overlooked topic of property safety. He reveals alarming statistics about inadequate safety measures in rentals and shares insights from a major safety inspection that exposed numerous dangers. The conversation covers common mistakes hosts make, from misplaced fire extinguishers to grilling hazards. With a touch of humor, Ford highlights the concept of 'vacation brain,' emphasizing the need for proactive safety precautions in every rental.

Tyler Coon, known as the 'King of Seller Credits' from Savvy Realty, joins to unravel the power of seller credits in real estate. He shares Bill's impressive wins, including a $150,000 credit on a $3 million property. The duo clarifies the confusion between seller credits and traditional concessions, emphasizing effective negotiation tactics. Tyler explains the critical role of knowledgeable agents and the importance of addendums in transactions. They discuss how these credits can significantly boost cash returns and property value, making them an indispensable tool for savvy investors.

Bill shares insights from his recent ski vacation and the Savvy Summit, where he explored potential investments in ski resorts. He considers purchasing a substantial property and discusses the challenges and costs associated with such ventures. Transitioning to real estate, he highlights key factors in short-term rental investments, such as cash flow and tax benefits. Bill emphasizes understanding credit and the importance of continuous market analysis, all while enriching his expertise through proactive strategies and community engagement.

Discover five pivotal lessons for entrepreneurial success that could have changed a decade of decision-making. Learn how mastering financial management is crucial from the start. Understand the importance of ensuring a genuine market need and how to stand out in a crowded space. Explore hiring strategies that prioritize team compatibility over traditional skills. Plus, uncover the necessity of quick decision-making, especially during crises, and the importance of continually refining your unique value proposition to address customer needs.

In a captivating discussion, Jeff Hampton, an attorney specializing in real estate investing and asset protection, shares insights from his book, 'The Investor's Blueprint to Asset Protection Made Simple.' He emphasizes the layered approach to asset protection, combining LLCs, holding companies, and insurance, tailored for different states. Jeff debunks myths surrounding asset protection, stressing its necessity for all investors. He also sheds light on the Corporate Transparency Act and the importance of comprehensive insurance coverage. This episode is a treasure trove for anyone looking to safeguard their wealth.

In this engaging discussion, the host reveals the five real estate markets to steer clear of in 2025, including costly locations like California and Myrtle Beach. He emphasizes the importance of market elimination to avoid analysis paralysis. Listeners learn about promising tertiary markets like Gulf Shores and the Outer Banks for better cash flow opportunities. The introduction of a Super Property Grader tool aids in property analysis by focusing on cash flow and appreciation. Practical insights for strategic investments and risk management keep investors informed and prepared.

Brea Faeth, wife of Bill Faeth and a passionate real estate investor, shares insights on aligning personal and investment goals while discussing their journey in short-term rentals. They reveal the ups and downs of their first investments, including their decision to shift focus from 30A to Gulf Shores. Brea emphasizes her three sensory 'must-haves' for properties. The couple also recounts spontaneous decisions and property management experiences, underlining the emotional side of selling and the value of ongoing education in real estate.