STRonomics – Details, episodes & analysis

Bill and Kenny discuss investment strategies for 2025, starting with a critical evaluation of Asheville, North Carolina. The experts suggest that the market is becoming overly competitive, requiring significant investment to stay ahead. They stress the importance of niche markets and unique amenities to stand out. Kenny shares a unique investment idea involving swingers' retreats and discusses the performance of such niches in various locations. They explore the balance between budget and necessary amenities, citing the need for substantial investments in property improvements. Bill and Kenny highlight early market entry as crucial for long-term success and suggest avoiding markets saturated with high competition and extensive amenities. They recommend focusing on emerging markets with potential for unique property features. Three markets are identified as promising for 2025: Keystone, South Dakota; Berkeley Springs, West Virginia; and Bar Harbor, Maine. Each market has specific advantages and budget considerations. They conclude by emphasizing the need to stay informed and adapt strategies to evolving market conditions. The episode wraps up with a teaser on an upcoming annual report and encourages listeners to subscribe for more insights. https://www.marketmystr.com/ 00:00 Introduction to STRonomics 00:28 Market My STR: The Ultimate Marketing Platform 01:26 Where to Invest in 2025: Expert Insights 03:02 The Importance of Niches in Short Term Rentals 05:06 Investing Strategies and Market Analysis 10:41 Top Markets to Watch in 2025 19:04 Conclusion and Final Thoughts We handle the day-to-day tasks of your short-term rental, giving you the freedom to grow your business and focus on the things that matter most. In the dynamic landscape of short-term rentals, success lies in the details. At STR Super VAs, we bring expertise to every facet of your business, ensuring those details are meticulously managed. Click here to learn more about how you can integrate VAs into your business! https://www.strvas.com/ Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA STR Data Hosts Facebook Page Instagram: Kenny_Bedwell You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

Kenny shares his personal experience with regulatory changes in Buffalo, New York, which went from no regulation to a complete shutdown of non-owner-occupied short-term rentals. Bill and Kenny discuss the importance of having a seat at the table for advocacy prior to regulatory changes, drawing parallels to the rise of Uber. They emphasize the need for organized resistance early on to influence city council decisions. Regulation is identified as a major threat to the industry, impacting investment strategies. Bill shares his approach of investing in markets with established regulations or those where tourism is a significant income source. They caution against investing in politically volatile areas and stress researching political climates when choosing markets. The hosts also highlight the rise of tourism in tertiary communities around urban centers as an opportunity. They conclude by urging listeners to prepare for long-term changes in the industry and consider advocacy seriously. https://www.marketmystr.com/ 00:00 Introduction to STRonomics 00:28 Market My STR: The Ultimate Marketing Platform 01:26 The Reality of Short-Term Rental Regulations 02:08 Kenny's Buffalo Experience 03:37 The Importance of Advocacy 05:26 Lessons from Uber's Strategy 08:32 Investing Strategies Amidst Regulation 15:58 Final Thoughts and Farewell We handle the day-to-day tasks of your short-term rental, giving you the freedom to grow your business and focus on the things that matter most. In the dynamic landscape of short-term rentals, success lies in the details. At STR Super VAs, we bring expertise to every facet of your business, ensuring those details are meticulously managed. Click here to learn more about how you can integrate VAs into your business! https://www.strvas.com/ Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA STR Data Hosts Facebook Page Instagram: Kenny_Bedwell You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

Bill Faeth and Kenny Bedwell challenge the belief that making $500,000 in gross revenue from a single short-term rental is impossible. They discuss key strategies, such as selecting the right market, creating unique guest experiences, and ensuring high-quality amenities, that can help investors maximize their returns. Real-life examples from various properties, including those in Wisconsin, Vermont, and the Outer Banks, illustrate how innovative approaches and market knowledge can drive success in this competitive industry. Additionally, the hosts emphasize the importance of thinking about exit strategies and potential appreciation when investing in high-value properties. 00:00 Introduction: The Challenges Facing Short-Term Rentals 00:26 Welcome to STRonomics 00:28 Market My STR: The Ultimate Marketing Platform 01:35 Can You Make $500,000 on One Short-Term Rental? 02:46 Real-Life Success Stories and Strategies 05:45 The Importance of Market Selection 18:52 Creating Unique Guest Experiences 21:38 Conclusion: Key Takeaways and Final Thoughts We handle the day-to-day tasks of your short-term rental, giving you the freedom to grow your business and focus on the things that matter most. In the dynamic landscape of short-term rentals, success lies in the details. At STR Super VAs, we bring expertise to every facet of your business, ensuring those details are meticulously managed. Click here to learn more about how you can integrate VAs into your business! https://www.strvas.com/ Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA STR Data Hosts Facebook Page Instagram: Kenny_Bedwell You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss their six month outlook on the STR Industry. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to discuss the importance of valuing amenities when buying a new property. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down with the one and only Tyler Coon to discuss the Top vacation rental markets to invest into today that nobody is talking about. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny discuss the 3 massive mistakes investors make when analyzing properties. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny sit down to talk about why they are no longer investing into popular vacation rental markets. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny reveal how they're still able to find excellent cash on cash deals regardless of rising interest rates. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode Bill and Kenny break down the 3 biggest STR investment strategies that no one is talking about. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! You can find Bill online at: https://www.facebook.com/groups/284886002732508 - The Free Build STR Wealth Facebook Group Build STR Wealth BK Hot Picks STR UNFILTERED Instagram: @BillFaeth73 Tik Tok: @bfaeth You can find Kenny online at: https://strinsights.com/ Instagram: @strinsights Learn more about your ad choices. Visit megaphone.fm/adchoices