How I manage my debt so I am always ready to buy!

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this week's STRUnfiltered, Bill unveils the secrets behind his successful management of debt, ensuring he's always geared up to invest in new short-term rentals. Discover the strategic approach Bill takes when it comes to securing loans and how he forges strong relationships with local commercial banks. You'll learn why viewing the loan process as an interview with the bank and its programs is a game-changer! Ever wondered how credit cards can be utilized to their fullest potential? Bill has the answers! He shares invaluable insights into using credit cards for miles and mastering the art of maximizing the point system. But that's not all! Bill reveals a clever tactic he employs—his wife takes ownership of the so-called "bad assets," artfully keeping them off his credit score and debt-to-income reports. Learn how this separation from business assets can open doors to better loan and credit card opportunities. Stay tuned for a power-packed episode filled with financial wisdom and savvy strategies, so you too can navigate the world of short-term rentals with confidence and success! [00:00] Introduction [00:38] Loans [02:30] Local Commercial Banks [05:25] Paying Down Debt [06:30] Credit Cards [09:01] Paying Credit Cards Off [10:07] Wife Owns Bad Assets [11:47] Personal Financial Statement [12:05] In Closing Watch this episode on our Youtube Channel Every Tuesday & Friday https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 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

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Ready to build your Short Term Rental wealth? Learn more at: https://buildstrwealth.com/. Short Term Rentals have been a game-changer for the real estate industry. And no one knows this better than Bill Faeth. As a successful Short Term Rental Investor and Host, Bill has seen firsthand how powerful the Short Term Rental model can be. And now, he's sharing his knowledge with the world through his new podcast, STR Unfiltered. On each episode, Bill 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. Whether you're just starting in Short Term Rentals or looking to take your business to new heights, STR Unfiltered is a must-listen. So what are you waiting for? Tune in today and learn from the best in the business!