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PODCAST

STRonomics

Bill Faeth & Kenny Bedwell

Increasing regulation, market saturation, and rising interest rates... Still think short term rentals make sense? You"re not alone. Join industry experts Bill Faeth, successful STR host and investor, and Kenny Bedwell, founder of STR Insights and data junky, as they discuss how you can invest in this lucrative industry while still staying ahead of the curve, identifying trends before they happen - or blowing them outright with their own insights! The short term rental industry is booming and there

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All Episodes

31:44

Pre-Purchase Checklist

STRonomics ·

2023/11/02

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. Real estate investing checklist. 0:00 Identify your market and buyer persona to craft an effective offer. Define goals before purchasing a property, says Kenny Bedwell. Investment goals and strategies. 5:46 Kenny emphasizes the importance of understanding personal preferences when investing in STRS, including proximity, seasonality, and lifestyle assets. Kenny also highlights the logical side of

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24:31

Walk Before You Run Into A New Market

STRonomics ·

2023/10/26

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. Kenny and Bill discuss the importance of taking measured steps when investing in short-term rentals (STRs). They share their recent experiences with a new market and offer valuable insights for aspiring STR investors. Here are the key takeaways: Market Research Is Crucial: Before diving into any new market or neighborhood, conduct thorough research. Evaluate the market's potential for short-term rentals, its

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25:16

Top cost segregation markets in 2023

STRonomics ·

2023/10/19

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. 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

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26:49

How much should you spend on design

STRonomics ·

2023/10/12

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. 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

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23:20

Why You Should Buy in New York City Right Now

STRonomics ·

2023/10/05

In this episode of "STRonomics," hosts Bill Faeth and Kenny Bedwell discuss the opportunities and challenges of investing in urban short-term rentals, particularly in cities like New York and other urban markets. They highlight the key takeaways and insights from their discussion, including the impact of changing regulations, the importance of community sentiment, and the need for advocacy in urban markets. Key Takeaways: Urban Market Attraction: Urban markets offer higher return on investment

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26:28

How to find the best STR Realtor & When to fire them

STRonomics ·

2023/09/28

Bill Faith and Kenny Bedwell, hosts of STRonomics podcast, discuss the importance of choosing the right short-term rental (STR) realtor and when to consider ending that relationship. They highlight the significance of finding an STR realtor who understands the market and the specifics of STR investments. Segment 1: Why Choosing the Right STR Realtor Matters Bill and Kenny emphasize that using a regular realtor for STR investments might not be the best approach. They mention two reputable STR

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19:10

Don't Bank on Future Interest Rates Today!

STRonomics ·

2023/09/21

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

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18:49

Don't Even Ask For The Seller's Rent Roll

STRonomics ·

2023/09/14

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. Welcome to another episode of STRonomics! In this episode, hosts Bill and Kenny discuss why relying solely on rent rolls when purchasing an investment property is a mistake. They point out that it's common for properties to be marketed based on a specific rent roll history, but the real potential often lies in property improvements. However, location is absolutely crucial, and they

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22:33

Building vs Buying STR's

STRonomics ·

2023/09/07

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. Join Bill and Kenny as they dive into the exciting topic of building new properties versus buying short-term rentals. In this engaging conversation, they explore the dynamics of property development, discussing whether building a property is a feasible option, especially in today's challenging lending environment. They emphasize the importance of crunching the numbers and seeking

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21:43

How was your summer?

STRonomics ·

2023/08/31

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. Join us on this episode of STRonomics as Kenny and Bill delve into their summer experiences and the evolving market landscape. Kenny kicks off by highlighting his new properties and the contrasting demand shift this summer. While the Average Daily Rate (ADR) may have dipped, the remarkable 95% occupancy rate this season, up from last year's 87%, has caught his attention. The

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23:16

What makes a super property?

STRonomics ·

2023/08/24

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. Diving into the latest episode of STRonomics: Join hosts Bill and Kenny as they unveil their cutting-edge techniques for transforming regular properties into extraordinary Super Properties. Discover the true essence of luxury beyond market trends. Learn how to craft meticulous master plans that breathe new life into properties, from subtle additions like plush pillows per bed to

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30:23

Your Time Value Proposition

STRonomics ·

2023/08/17

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In this week's episode of STRonomics, Bill and Kenny delve into their strategies for securing more fall bookings while effectively managing their time through the use of Virtual Assistants (VAs). They discuss their ongoing and upcoming endeavors, highlighting the role of VAs in their operations. Emphasizing their experience with VAs, Bill, and Kenny reveal a crucial insight they've

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30:05

Stop Robbing Your Future w/ a HELOC

STRonomics ·

2023/08/10

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In the latest episode of STRonomics, Bill and Kenny engage in a candid discussion about their perspectives on Home Equity Line of Credits (HELOCs) and their potential to significantly impact one's investing prowess. They delve into the common practice among investors of utilizing a HELOC by leveraging their primary residence, underlining that while this might seem appealing, it

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26:35

Increase Revenue Through VA’s & Automation

STRonomics ·

2023/08/03

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In the latest episode of STRonomics, Bill and Kenny delve into the world of virtual assistants (VAs) and reveal how these valuable assets can handle your tasks and enable you to make CEO-level decisions. During the discussion, they emphasize the importance of evaluating your day-to-day schedule to identify tasks that can be efficiently delegated to skilled workers. They share their

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28:13

4 Keys of Finding Profitable STR

STRonomics ·

2023/07/27

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In the latest installment of STRonomics, Kenny takes the reins as Bill is away, and delves into the four crucial keys for achieving success with short-term rentals. First and foremost, Kenny emphasizes the paramount importance of the property's location. It's not merely about the city; proximity to popular attractions can be a game-changer, significantly influencing the rental's

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28:24

#AirbnbBust: Is it real?

STRonomics ·

2023/07/20

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In the latest episode of STRonomics, Bill and Kenny address the trending topic #AirbnbBust and analyze whether there's any cause for concern. They focus on middle properties, not quite Super Properties, which are experiencing similar challenges to mid-tier businesses in America. They reveal compelling statistics on three-bedroom, two-bath properties and how a single adjustment can significantly boost bookings. New

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31:04

How to Forecast Future Revenue

STRonomics ·

2023/07/13

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In the latest episode of STRonomics, Bill and Kenny dive into their approach to forecasting future revenue in a dynamic market. They explore various strategies for analyzing their properties, such as evaluating market saturation levels and closely monitoring consumer spending as an indicator of future revenue potential. Moreover, they emphasize the paramount significance of marketability. Without a well-defined

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22:48

When Should I Sell?

STRonomics ·

2023/07/06

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform .On this week's episode of STRonomics, Bill and Kenny delve into the important topic of when and how to decide whether to sell your property. They discuss the significance of forecasting your property's cash flow over the next seven months as a determining factor in the selling decision. How understanding your life plan becomes crucial in guiding you toward the appropriate choice. Additionally, they highlight the

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20:03

I'm Losing $3K A Month. What do I do?

STRonomics ·

2023/06/29

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. On STRonomics this week Kenny & Bill talk about the value of high-quality photos and staging and how it directly correlates to increases in revenue. They discuss the importance of marketing your amenities correctly and the data behind poorly taken photos. If you are losing money this summer, this episode is for you! [00:03] Introducing STRonomics [00:45] Losing 3K a Month [02:08] Can You Optimize Your

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22:19

I'm Losing $3K A Month. What do I do? Part 2

STRonomics ·

2023/06/22

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. On STRonomics this week, Kenny and Bill dive into additional strategies for cost-cutting with your short-term rental property. They talk about techniques such as maintaining competitive pricing while reducing rates, introducing fresh amenities, emphasizing compelling narratives through your photos, leveraging the power of customer reviews to secure bookings, and implementing savvy cost-trimming measures to

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