Location. Location. Location.

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In this episode of STRonomics, the hosts discuss the importance of location in the success of short-term rental (STR) properties. Their guest, Kenny Bedwell, shares his firsthand experiences with his STR property in Watkins Glen, New York, and how he sets his property apart via unique amenities, such as a newly installed movie theater room. They emphasize the importance of investing in top-performing properties and continually upgrading them to remain competitive and drive high returns. Furthermore, they delve into the strategy behind choosing properties close to key attractions and highlight common pitfalls investors should avoid concerning property location. 00:01 Introduction 00:26 Tour of Kenny's Home Theater 01:56 Discussing ROI and Unique Features 02:48 The Importance of Location in Property Investment 03:10 Case Studies: The Impact of Location on Property Value 03:37 The Pitfalls of Ignoring Location 07:16 The Role of Location in Market Saturation 09:22 The Importance of Unique Property Features 11:02 Investing in Property Upgrades 19:58 Conclusion and Sign Off 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

Om Podcasten

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 are many benefits to investing in this type of property. Whether you’re a first-time investor or looking for your next investment, we have insights that will help guide the way forward!