Cash Flow Positive

What does it take to turn a direct booking website into a real revenue driver?In today’s episode of the Cash Flow Positive Podcast, Kenny Bedwell is joined by Gil Chan, tech founder, short-term rental host, and the creator of CraftedStays—a platform that helps STR hosts easily build customizable direct booking sites without breaking the bank.Drawing on his background in e-commerce, Gil walks through the parallels between retail and hospitality, explains how to structure a site that actually converts, and shares his strategies for guest vetting, trust-building, and long-term nurture campaigns. He breaks down what most hosts get wrong about direct bookings, and what to focus on instead—starting with knowing your ideal guest avatar and optimizing every piece of the guest journey around them.From lead magnets and email flows to the psychology of brand visibility, this episode is packed with insights on how to grow your direct bookings sustainably—without trying to master every marketing channel at once.If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today! Listen now and enjoy!In This Episode You'll Learn:Why e-commerce and STRs are more similar than you thinkWhat your direct booking site must include to build trust and convert visitorsHow to structure your site around your “guest avatar”What most STR owners misunderstand about branding and professionalismHow to handle guest vetting on direct booking platformsWhy starting small (with the right tools) beats outsourcing everythingGil’s favorite ways to collect and nurture guest emails automaticallyWhat a good year-one direct booking rate looks like—and how to scale itAnd much more...Guest Bio:       Gil Chan is a short-term rental host, tech entrepreneur, and founder of CraftedStays—a platform that makes it easy for hosts to build fully integrated, conversion-focused direct booking websites. With a background as a product director in e-commerce, Gil saw the gap between STR operators and the tech tools they needed to take control of their businesses. After building the first version of CraftedStays for his own properties, he left his six-figure job in tech to grow the company full-time. Today, Gil helps hosts across the U.S. build their brands, attract the right guests, and increase revenue—one click at a time.Resources:Connect with Kenny on LinkedInFollow Kenny on InstagramConnect with Gil on LinkedInCraftedStays.co The Ultimate Guide to Direct BookingsBooked Solid Podcast

Should you take direct bookings—and what does it take to make them work?In today’s episode of the Cash Flow Positive podcast, Kenny Bedwell unpacks the real considerations behind building a direct booking strategy. While many hosts focus on software and site setup, Kenny zeroes in on the biggest challenge: attracting the right traffic. He explains how to create repeat business, leverage your property’s location, and build trust with potential guests—without relying on OTAs.You’ll learn how to think in terms of guest journeys, content marketing, and simple tactics like email and signage to grow your brand over time. Whether you’re just starting to consider direct bookings or trying to make an existing strategy more effective, this episode offers clear, actionable guidance on how to do it right.If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today! Listen now and enjoy!In This Episode You'll Learn:The top three concerns people have with direct booking sitesHow to identify and market to your “warm” and “cold” traffic segmentsWhy repeat business is more powerful (and cheaper) than new trafficSimple ways to promote your brand inside your propertyHow to use email and social to stay top-of-mind year-roundWhy promoting your market, not your property, builds trustHow lead magnets and content marketing drive real resultsAnd much more...Resources:Connect with Kenny on LinkedInFollow Kenny on Instagram

Are you pricing your short-term rental based on facts—or just following what everyone else is doing?In today’s episode of the Cash Flow Positive podcast, Kenny Bedwell sits down with Jake Cohen, founder of Step By Step BNB and a seasoned revenue manager overseeing 300+ listings. Together, they unpack the real strategies behind sustainable revenue, debunking myths and simplifying key concepts like RevPAR, booking windows, and market dynamics.Jake breaks down the difference between pricing for high and low seasons, why most hosts underestimate the power of good photography, and what it really means to “be booked first” when it matters most. He also explains how to calculate and interpret RevPAR, set minimum night stays with intention, and use tools like PriceLabs to monitor real-time market behavior.If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today! Listen now and enjoy!In This Episode You'll Learn:Why RevPAR is Jake’s #1 metric for STR healthHow to adjust your pricing based on seasonality and demandWhy minimum night stays should change based on booking windowsWhat most hosts get wrong about high vs. low season pricingHow to calculate your property’s RevPAR (and why it matters)Why listing optimization is just as important as price strategyHow to simplify your pricing—and book more with less effortAnd much more...Resources:Connect with Kenny on LinkedInFollow Kenny on InstagramStep By Step BNB Price Your STR Facebook Group

What if the real problem with your revenue isn’t your price—it’s your mindset?In today’s episode of the Cash Flow Positive podcast, Kenny Bedwell breaks down exactly why so many hosts struggle with pricing—and how to turn things around with consistent, proactive revenue management. From hiring a revenue manager to leveraging tools like PriceLabs, Kenny shares what works, what doesn’t, and why “just dropping your price” is the fastest way to lose control of your numbers.You’ll hear why minimum night stays are a hidden lever, how to adjust to low-season buyer behavior, and why your average daily rate (ADR) and occupancy must be evaluated together. Kenny also talks about the “potato chip pricing strategy,” a simple analogy that can help you figure out where your property stands in the market—and how to price accordingly, without emotion or ego.Whether you're overwhelmed by dynamic pricing or trying to recover from poor performance, this episode will give you the clarity and tools to make smarter pricing decisions going forward.If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today! Listen now and enjoy!In This Episode You'll Learn:Why hiring a revenue manager might be the smartest investmentHow to stop reacting and start planning when bookings slow downWhy “dropping prices” isn’t a strategy—it’s a symptomHow to use minimum night stays to drive more bookingsThe difference between revenue, ADR, and occupancy—and why it mattersHow seasonality affects guest behavior and price sensitivityThe mindset shift that separates consistent earners from frustrated hostsAnd much more...Resources:Connect with Kenny on LinkedInFollow Kenny on Instagram

What do you do when you buy a short-term rental, and it just doesn’t perform?In today’s episode of the Cash Flow Positive Podcast, Kenny Bedwell welcomes Erik Courson, an STR investor, tech enthusiast, and data-driven host, to share the honest story of how he bought a property at the peak of the market—and what he did when it started bleeding cash. In this open, numbers-first conversation, Erik walks us through the decisions that led to the purchase, the surprises he encountered, and the strategies that helped him go from a projected $30K loss to breakeven performance.From redesigning a forgettable cabin in Blue Ridge, Georgia, to implementing revenue management tools and facing hard truths about sunk costs and missed expectations, Erik lays out what really works when you're trying to fix a less-than-ideal deal. He also reflects on the emotional toll of managing underperformance, the benefits of holding vs. selling, and why STR investors should embrace humility and adaptation.If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today! Listen now and enjoy!In This Episode You'll Learn:How Erik turned a projected $30K loss into breakeven performanceWhat to do before deciding to sell an underperforming propertyWhy “locking in your losses” is often the most expensive mistakeHow niche positioning and small design changes can drive bookingsWhy emotion and market timing can lead smart investors astrayHow to use technology and AI to spot blind spots and hidden issuesWhat Erik learned from investing in two very different STR marketsWhy community, critique, and clarity matter more than quick winsAnd much more...Resources:Connect with Kenny on LinkedInFollow Kenny on Instagram

What do you do when a property isn’t performing—and how do you know if it’s time to cut your losses or hold tight and turn it around?In today’s episode of the Cash Flow Positive Podcast, Kenny Bedwell offers a grounded, practical perspective on one of the toughest situations a real estate investor can face: owning a short-term rental that just isn’t working. Drawing from real-world examples and lessons learned from clients across the U.S., Kenny walks through the key questions to ask before rushing to sell, and the most common (and fixable) issues holding properties back.You’ll learn why immediate selling is often premature, how to calculate the true value of tax savings and appreciation, and what steps to take to improve revenue without over-investing. Whether you're breaking even, losing a little, or just frustrated with underperformance, this episode is packed with insight to help you analyze, adjust, and move forward with confidence.If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today! Listen now and enjoy!In This Episode You'll Learn:Why not all underperforming properties are “bad” investmentsHow to avoid locking in unnecessary losses by selling too soonWhat to analyze before deciding to exit a propertyWhy tax savings, equity paydown, and appreciation still matterThe top 3 levers to increase STR revenue—and how to check themHow to remove personal bias and get honest feedback on your propertyWhen it does make sense to sell—and how to do it strategicallyWhat seasoned investors know about failure and learning from mistakesAnd much more...Resources:Connect with Kenny on LinkedInFollow Kenny on Instagram

What happens when you take a massive design risk on a short-term rental—and it turns into your most profitable investment ever?In today’s episode of the Cash Flow Positive podcast, Kenny Bedwell welcomes Ashley Guy, a short-term rental investor, mom of six, agent, coach, and creative powerhouse behind one of the most unique Airbnbs in the U.S. Ashley shares the full story behind her now-famous “kink cabin” in Gatlinburg, Tennessee—a bold, adult-themed STR that grosses six figures annually and books out months in advance.Ashley reveals the challenges of designing a fully immersive, highly targeted guest experience—from sourcing custom furniture to marketing without relying on traditional channels. She also breaks down why most investors play it too safe, how to stand out in saturated markets like Gulf Shores, and what it really takes to create properties that command premium rates and loyal repeat guests.If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today! Listen now and enjoy!In This Episode You'll Learn:Why the “kink cabin” idea was a strategic investment, not a gimmickHow Ashley made over $80K net on a $333K cabin in just one yearThe power of immersive design and what most hosts missHow to turn judgment and taboo into brand loyalty and bookingsWhy niche STRs outperform copy-paste properties in saturated marketsThe role of guest avatars and how to truly design for themHow Ashley scales her creativity across multiple markets and property typesWhy “commit and figure it out” is a mindset every STR investor needsAnd much more...Resources:Connect with Kenny on LinkedInFollow Kenny on Instagramthefemmeinvestor.com Contact Ashley at ashley@thefemmeinvestor.com 

What makes a short-term rental not just good, but unforgettable—and why do the most unique properties often deliver the biggest returns?In today’s episode of the Cash Flow Positive Podcast, Kenny Bedwell explores how creating wildly unique properties can lead to massive success in the short-term rental market. Instead of copying cookie-cutter designs, Kenny explains why the most profitable hosts think differently: they go all in on targeting a specific guest avatar and design unforgettable experiences that guests will remember—and rebook.Drawing inspiration from the world’s most unique Airbnbs, Kenny shares the strategies behind selecting the right market, crafting experiences guests actually want, and making smart, strategic design choices. He also highlights the risks of generic, templated properties and why deep research, creativity, and bold execution separate the best rentals from the rest.If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today! Listen now and enjoy!In This Episode You'll Learn:Why wildly unique short-term rentals often achieve the best returnsHow to identify and design for your specific guest avatarWhy "selling an experience" matters more than adding more amenitiesHow strategic, memorable features boost bookings and brand recognitionThe dangers of copy-paste designs—and how to avoid blending into the crowdWhy standing out is critical in saturated rental marketsHow going “all in” with your property creates an undeniable competitive edgeWhy half-hearted design efforts cost more than they saveAnd much more...Resources:Connect with Kenny on LinkedInFollow Kenny on InstagramThe Pumpkin Plan: A Simple Strategy to Grow a Remarkable Business in Any Field

Are you navigating real estate deals without fully understanding the risks—or worse, putting yourself in legal jeopardy?In today’s episode of the Cash Flow Positive Podcast, Kenny Bedwell welcomes Parker Borofsky, an experienced investor and short-term rental lending expert, to unpack some of the hottest—and riskiest—topics in real estate today. From the realities of seller credits and subject-to deals to the right (and wrong) ways to use LLCs for property ownership, Parker shares real-world advice, practical examples, and key lending insights that every investor needs to hear.If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today! Listen now and enjoy!In This Episode You'll Learn:Why improperly handling seller credits can put you at risk of mortgage fraudWhat most people misunderstand about subject-to deals—and why they’re riskyThe truth about transferring properties into LLCs (and when it’s allowed)Why changing title ownership doesn’t automatically trigger alarms with lendersHow DSCR loans and non-QM loans actually work—and their hidden challengesWhy working with knowledgeable lenders can protect you from costly mistakesHow failing to strategize your debt-to-income ratio could limit your growthWhy talking to the right lender early can open up more opportunities than you thinkAnd much more...Resources:Connect with Kenny on LinkedInFollow Kenny on InstagramWealth Builders Mortgage Group

Are you making investment moves that could unknowingly cross the line into mortgage fraud?In today’s episode of the Cash Flow Positive Podcast, Kenny Bedwell breaks down some of the hottest (and riskiest) real estate strategies being pushed today—from seller credits to subject-to deals to buying properties under LLCs. Kenny reveals what’s truly legal, what’s risky, and what could get investors into serious trouble if not handled properly.Packed with practical examples, actionable advice, and a no-nonsense breakdown of gray areas in real estate, this episode will help you stay compliant, protect your investments, and build a smarter portfolio.If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today! Listen now and enjoy!In This Episode You'll Learn:Why improperly handling seller credits could land you in legal troubleWhat actually constitutes mortgage fraud—and how to avoid itThe difference between seller concessions and seller creditsWhy working with the wrong agent can expose you to major riskHow "subject-to" deals work—and why they’re riskier than they appearWhy buying properties in LLCs doesn’t always offer the protection you thinkThe smarter way to move a property into an LLC without hurting your financingHow to set up a safe, compliant strategy when investing in gray areasAnd much more...Resources:Connect with Kenny on LinkedInFollow Kenny on Instagram