Bill Faeth Unfiltered

⏺️ Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/550250masterclass It’s no secret. Amenities can make or break the success of your short-term rental. But not all amenities are equal. Some will make you money, some will do nothing worth mentioning, and some will only cost you your time and money. So, before you go and spend your hard-earned money on terrible amenities, watch this research-backed guide on the best and worst amenities for your Airbnb!This video will save you a lot of headaches and money, so make sure to check it out. Let’s jump right in!Key Takeaways:  00:00:00 Intro 00:00:45 Take a close look at your property 00:03:07 Amenities that allow you to charge more  00:07:33 Miniature golf courses, fire pits, and hot tubs 00:11:44 Let’s talk finances  00:15:14 How to make smarter amenity choices 00:15:59 Outro  Additional resources: ➡️ Ready to start building STR wealth? • Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/innercircle• Sign Up for Our STR Host Academy: https://www.strhostacademy.com/hostacademy• Gain Full Access to the Superhost Library: https://buildstrwealth.com/thelibrary• Reserve a Spot in Our Super Life Plan Training: https://www.billfaeth.com/lifeplantraining➡️ Learn more about starting an STR business:• Take the Airbnb Profit Maximizer Course: https://buildstrwealth.com/profitmax299• Sign Up for Our Co-hosting Business Masterclass: https://buildstrwealth.com/cohost• 3-Day Training Program for New Airbnb Hosts: https://buildstrwealth.com/3daytraining • Facebook Ads Training for Hosts: https://buildstrwealth.com/facebookads• Virtual Marketing Mastery Boot Camp: https://buildstrwealth.com/marketingmastery➡️ Grab some FREE resources:• [FREE Download] Get Your 10-POINT Direct Booking Optimization Checklist: https://buildstrwealth.com/directbooking • [FREE Download] Unlock Your Potential with Our EXPERT Proforma: https://buildstrwealth.com/proforma• [FREE Donwload] Grab Our ULTIMATE Guide for STR hosts: https://buildstrwealth.com/ultimateguide• [FREE Donwload] Discover the 7 GOLDEN RULES for Airbnb Hosts:https://buildstrwealth.com/7goldenrules• [FREE Donwload] Unlock Your Dream Life Plan: https://www.billfaeth.com/lifeplan➡️ 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

⏺️ Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/550250masterclass In the world of real estate investing, 1031 exchanges are a popular way to delay paying capital gains tax and maximize profits.But there’s a reason many call it the death tax… Once you opt for a 1031 exchange, the money invested can be locked away for a very long time. That’s why today, I’m sharing 3 things you need to keep in mind before you carry out a 1031!If you want to protect your money and make responsible financial decisions, this episode is for you. Tune in! Key Takeaways:  00:00:00 Intro  00:00:34 Are you ready to kiss that cash goodbye forever? 00:01:19 What is your financial stability behind that cash?  00:02:44 There are always options out there  00:04:20 Potential pitfalls of mismanaged 1031 strategies  00:05:40 My final piece of advice Additional resources: ➡️ Ready to start building STR wealth? • Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/innercircle• Sign Up for Our STR Host Academy: https://www.strhostacademy.com/hostacademy• Gain Full Access to the Superhost Library: https://buildstrwealth.com/thelibrary• Reserve a Spot in Our Super Life Plan Training: https://www.billfaeth.com/lifeplantraining➡️ Learn more about starting an STR business:• Take the Airbnb Profit Maximizer Course: https://buildstrwealth.com/profitmax299• Sign Up for Our Co-hosting Business Masterclass: https://buildstrwealth.com/cohost• 3-Day Training Program for New Airbnb Hosts: https://buildstrwealth.com/3daytraining • Facebook Ads Training for Hosts: https://buildstrwealth.com/facebookads• Virtual Marketing Mastery Boot Camp: https://buildstrwealth.com/marketingmastery➡️ Grab some FREE resources:• [FREE Download] Get Your 10-POINT Direct Booking Optimization Checklist: https://buildstrwealth.com/directbooking • [FREE Download] Unlock Your Potential with Our EXPERT Proforma: https://buildstrwealth.com/proforma• [FREE Donwload] Grab Our ULTIMATE Guide for STR hosts: https://buildstrwealth.com/ultimateguide• [FREE Donwload] Discover the 7 GOLDEN RULES for Airbnb Hosts:https://buildstrwealth.com/7goldenrules• [FREE Donwload] Unlock Your Dream Life Plan: https://www.billfaeth.com/lifeplan➡️ 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

⏺️ Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/550250masterclassIf you know me, you know that I am addicted to creating businesses. But I wasn’t always as business-savvy as I am today. In fact, I struggled a lot with my approach to business and my mentality as a whole... That is until I stumbled upon Profit First, a remarkable book that offers a roadmap for entrepreneurs to make the money they’ve always dreamed of. This book single-handedly fixed my attitude towards money and changed the trajectory of my life. Needless to say, I'm beyond thrilled to interview Mike Michalowicz, the brilliant mind behind this game-changing book, on the show today. Mike's insights have enabled countless individuals, including myself, to reach their full potential in the business world.With this interview, we aim to enable you to do the same. Mike and I talk about the most common business struggles aspiring entrepreneurs face and his new book, All In. Tune in! Key Takeaways: 00:00:00 Intro  00:01:55 Every human has so much to offer 00:03:39 The 5 common areas of struggle in businesses 00:05:53 How to actually scale a business 00:09:25 Caring for your employees 00:16:12 Mike’s new book: All In  00:17:59 Outro Additional resources:➡️ Get in touch with Mike Michalowicz: • Website: https://mikemichalowicz.com/➡️ Ready to start building STR wealth?• Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/innercircle• Sign Up for Our STR Host Academy: https://www.strhostacademy.com/hostacademy• Gain Full Access to the Superhost Library: https://buildstrwealth.com/thelibrary• Reserve a Spot in Our Super Life Plan Training: https://www.billfaeth.com/lifeplantraining➡️ Learn more about starting an STR business:• Take the Airbnb Profit Maximizer Course: https://buildstrwealth.com/profitmax299• Sign Up for Our Co-hosting Business Masterclass: https://buildstrwealth.com/cohost• 3-Day Training Program for New Airbnb Hosts: https://buildstrwealth.com/3daytraining• Facebook Ads Training for Hosts: https://buildstrwealth.com/facebookads• Virtual Marketing Mastery Boot Camp: https://buildstrwealth.com/marketingmastery➡️ Grab some FREE resources:• [FREE Download] Get Your 10-POINT Direct Booking Optimization Checklist: https://buildstrwealth.com/directbooking• [FREE Download] Unlock Your Potential with Our EXPERT Proforma: https://buildstrwealth.com/proforma• [FREE Donwload] Grab Our ULTIMATE Guide for STR hosts: https://buildstrwealth.com/ultimateguide• [FREE Donwload] Discover the 7 GOLDEN RULES for Airbnb Hosts:https://buildstrwealth.com/7goldenrules• [FREE Donwload] Unlock Your Dream Life Plan: https://www.billfaeth.com/lifeplan➡️ 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/@bfaethOn 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 so you never miss an episode!#STRUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices

My wife Brea and I love the life we've built together. But it hasn't always been easy. In fact, at times, it has been very, very hard. The last few months have been the most stressful period of our lives. We've had to manage our properties from afar, deal with renovations, run a business, and manage family life. But being the power couple we are, we did it and came out stronger than ever. That’s why today, we want to discuss the struggles of building a short-term rental business as a married couple. We’ll share the tips and strategies that have helped us prosper not only as a business but also as a family, from renovation strategies and hiring practices to listening to our children and meeting their needs. We’ll cover everything! If you’re about to start an STR business with your life partner, this is for you. Tune in!Key Takeaways:  00:00:00 Intro 00:00:34 Managing major renovations as a couple 00:04:15 Dealing with our family life in between 00:05:27 Renovation strategies and managing remote work 00:09:20 Prioritizing family over work 00:12:37 Aligning our roles as a couple 00:16:15 Our first couples retreat after 2022 00:19:14 Outro ⏺️ Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/innercircleAdditional resources: ➡️ Ready to start building STR wealth? • Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/innercircle• Sign Up for Our STR Host Academy: https://www.strhostacademy.com/hostacademy• Gain Full Access to the Superhost Library: https://buildstrwealth.com/thelibrary• Reserve a Spot in Our Super Life Plan Training: https://www.billfaeth.com/lifeplantraining➡️ Learn more about starting an STR business:• Take the Airbnb Profit Maximizer Course: https://buildstrwealth.com/profitmax299• Sign Up for Our Co-hosting Business Masterclass: https://buildstrwealth.com/cohost• 3-Day Training Program for New Airbnb Hosts: https://buildstrwealth.com/3daytraining • Facebook Ads Training for Hosts: https://buildstrwealth.com/facebookads• Virtual Marketing Mastery Boot Camp: https://buildstrwealth.com/marketingmastery➡️ Grab some FREE resources:• [FREE Download] Get Your 10-POINT Direct Booking Optimization Checklist: https://buildstrwealth.com/directbooking • [FREE Download] Unlock Your Potential with Our EXPERT Proforma: https://buildstrwealth.com/proforma• [FREE Donwload] Grab Our ULTIMATE Guide for STR hosts: https://buildstrwealth.com/ultimateguide• [FREE Donwload] Discover the 7 GOLDEN RULES for Airbnb Hosts:https://buildstrwealth.com/7goldenrules• [FREE Donwload] Unlock Your Dream Life Plan: https://www.billfaeth.com/lifeplan➡️ 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.Follow so you never miss an episode! Learn more about your ad choices. Visit megaphone.fm/adchoices

The average retirement age in the US is 64. I managed to speed up this process by 16 years and achieve financial freedom at 48. How? By being smart with my short-term rental investments. I set actionable financial goals for myself and learned everything there is to know about tax benefits, loan structuring, cash flow optimization, appreciating markets, and retirement planning. This has enabled my wife and me to live the life we want, with work becoming a choice, not a necessity.Today, I will share exactly how I did it so you can replicate my success and retire early in your 40s. Are you ready? Let’s dive right in! Key Takeaways:  00:00:00 Intro  00:00:35 Understanding all of the tax benefits  00:04:07 Prioritizing cash flow and setting financial goals 00:06:11 How to structure your loans  00:10:25 Quick summary and outro ⏺️ Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/innercircleAdditional resources: ➡️ Ready to start building STR wealth? • Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/innercircle• Sign Up for Our STR Host Academy: https://www.strhostacademy.com/hostacademy• Gain Full Access to the Superhost Library: https://buildstrwealth.com/thelibrary• Reserve a Spot in Our Super Life Plan Training: https://www.billfaeth.com/lifeplantraining➡️ Learn more about starting an STR business:• Take the Airbnb Profit Maximizer Course: https://buildstrwealth.com/profitmax299• Sign Up for Our Co-hosting Business Masterclass: https://buildstrwealth.com/cohost• 3-Day Training Program for New Airbnb Hosts: https://buildstrwealth.com/3daytraining • Facebook Ads Training for Hosts: https://buildstrwealth.com/facebookads• Virtual Marketing Mastery Boot Camp: https://buildstrwealth.com/marketingmastery➡️ Grab some FREE resources:• [FREE Download] Get Your 10-POINT Direct Booking Optimization Checklist: https://buildstrwealth.com/directbooking • [FREE Download] Unlock Your Potential with Our EXPERT Proforma: https://buildstrwealth.com/proforma• [FREE Donwload] Grab Our ULTIMATE Guide for STR hosts: https://buildstrwealth.com/ultimateguide• [FREE Donwload] Discover the 7 GOLDEN RULES for Airbnb Hosts:https://buildstrwealth.com/7goldenrules• [FREE Donwload] Unlock Your Dream Life Plan: https://www.billfaeth.com/lifeplan➡️ 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.Follow so you never miss an episode! Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you annoyed by Airbnb's high fees, rigid rules, and oversaturated market?I feel you. These third-party booking platforms can really eat into our profits and strain our relationships with guests. But relying on a single platform for all bookings isn’t a smart move anyway! That’s why I've brought Arthur Colker, the mastermind behind StayFi, onto the show today.Arthur will share the best and easiest way to capture guests’ email addresses, helping you boost direct bookings, foster repeat business, and upsell your other services to guests, maximizing your profits.His tips and tools have helped me get 38% of direct bookings, and they can help you too, so be sure to tune in! Key Takeaways:  00:00:00 Intro  00:00:59 What is StayFi, and why should you utilize it? 00:03:22 The inspiration behind StayFi 00:06:57 Upselling opportunities  00:10:47 The importance of a good email list 00:12:56 Outro ⏺️ Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/innercircleAdditional resources: ➡️ Check out StayFi: https://stayfi.com/ ➡️ Ready to start building STR wealth? • Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/innercircle• Sign Up for Our STR Host Academy: https://www.strhostacademy.com/hostacademy• Gain Full Access to the Superhost Library: https://buildstrwealth.com/thelibrary• Reserve a Spot in Our Super Life Plan Training: https://www.billfaeth.com/lifeplantraining➡️ Learn more about starting an STR business:• Take the Airbnb Profit Maximizer Course: https://buildstrwealth.com/profitmax299• Sign Up for Our Co-hosting Business Masterclass: https://buildstrwealth.com/cohost• 3-Day Training Program for New Airbnb Hosts: https://buildstrwealth.com/3daytraining • Facebook Ads Training for Hosts: https://buildstrwealth.com/facebookads• Virtual Marketing Mastery Boot Camp: https://buildstrwealth.com/marketingmastery➡️ Grab some FREE resources:• [FREE Download] Get Your 10-POINT Direct Booking Optimization Checklist: https://buildstrwealth.com/directbooking • [FREE Download] Unlock Your Potential with Our EXPERT Proforma: https://buildstrwealth.com/proforma• [FREE Donwload] Grab Our ULTIMATE Guide for STR hosts: https://buildstrwealth.com/ultimateguide• [FREE Donwload] Discover the 7 GOLDEN RULES for Airbnb Hosts:https://buildstrwealth.com/7goldenrules• [FREE Donwload] Unlock Your Dream Life Plan: https://www.billfaeth.com/lifeplan➡️ 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.Follow so you never miss an episode! Learn more about your ad choices. Visit megaphone.fm/adchoices

How are we going to turn this old lake house into a short-term moneymaking rental? Easy! We'll renovate it, modernize it, make the most of its many rooms, maximize occupancy, provide the outdoor amenities every lake house needs, build a game room that will leave everyone speechless, optimize our listing, and step up our marketing game. In no time, this outdated lake house will become a mega super property generating STR wealth like it’s nothing. Don’t believe us?Then tag along for the ride, and we’ll show you!Key Takeaways:  00:00:00 Intro  00:00:37 How we’re going to modernize the house 00:04:18 Utilizing the rooms  00:08:22 Maximizing occupancy  00:11:41 Utilizing the large basement space  00:13:52 Outdoor amenities are a must for a lakehouse 00:16:23 Game room? Game room!  00:17:42 First thing we’ll do when we get there 00:19:24 Outro ⏺️ Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/innercircleAdditional resources: ➡️ Ready to start building STR wealth? • Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/innercircle• Sign Up for Our STR Host Academy: https://www.strhostacademy.com/hostacademy• Gain Full Access to the Superhost Library: https://buildstrwealth.com/thelibrary• Reserve a Spot in Our Super Life Plan Training: https://www.billfaeth.com/lifeplantraining➡️ Learn more about starting an STR business:• Take the Airbnb Profit Maximizer Course: https://buildstrwealth.com/profitmax299• Sign Up for Our Co-hosting Business Masterclass: https://buildstrwealth.com/cohost• 3-Day Training Program for New Airbnb Hosts: https://buildstrwealth.com/3daytraining • Facebook Ads Training for Hosts: https://buildstrwealth.com/facebookads• Virtual Marketing Mastery Boot Camp: https://buildstrwealth.com/marketingmastery➡️ Grab some FREE resources:• [FREE Download] Get Your 10-POINT Direct Booking Optimization Checklist: https://buildstrwealth.com/directbooking • [FREE Download] Unlock Your Potential with Our EXPERT Proforma: https://buildstrwealth.com/proforma• [FREE Donwload] Grab Our ULTIMATE Guide for STR hosts: https://buildstrwealth.com/ultimateguide• [FREE Donwload] Discover the 7 GOLDEN RULES for Airbnb Hosts:https://buildstrwealth.com/7goldenrules• [FREE Donwload] Unlock Your Dream Life Plan: https://www.billfaeth.com/lifeplan➡️ 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.Follow so you never miss an episode! Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn how small amenities can make a big impact on short-term rentals, from essential kitchen supplies to luxurious bathroom features. Discover insider tips for creating a memorable guest experience, including unique touches like coffee bars and spa-like setups. Explore the importance of offering water-related activities and thoughtful amenities like fire pits and good lighting for safety and ambiance.

StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi!Ready to go from a Good to Great STR Investor? Download the same exact Proforma both Jon “The Bank Whisperer” Hodge and I both use to Underwrite our personal investments and for Rivan Capital group. Free Training included with this free download.Download Here - https://buildstrwealth.com/proformaThis episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.In this episode, Bill sits down with Arthur Kolker, founder of StayFi, a company providing solutions for short-term rental hosts to grow their business by building an email list and maximizing guest data. They discuss the importance of guest data, value of Staphy, and other integrations like the homepage, Hostco, and Viator that can generate additional revenue. Arthur also shares insights from his marketing background, the story of StayFi's inception, and how it caters to all sizes of property managers. The usefulness of Staphy for remarketing to guests and the possibilities it holds for future growth are addressed.00:00 Introduction and Guest Introduction00:12 The Importance of Marketing Tools in Short Term Rentals00:43 Meet Arthur Kolker: The Founder of StayFi01:11 Understanding StayFi and Its Benefits01:47 The Power of Email List Building03:21 The Birth of StayFi: Arthur's Journey05:35 StayFi's Growth and Impact07:18 StayFi's New Platform: Homepage11:38 The Value of Email Lists Beyond Email Marketing13:39 StayFi's Presence in Upcoming Conferences15:37 Closing Remarks and AppreciationWatch 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

In this podcast, Bill discusses the importance of knowing the target customers in the short-term rental business. He focuses on 'Wealthy Wendy' as the target persona, emphasizing amenities like comfortable blankets, paper plates, and a personalized coffee bar. The podcast also covers strategies for tailoring property experiences to ideal guests and enhancing guest satisfaction through well-equipped environments.