When you should or shouldn’t purchase

Welcome to this episode of STRonomics, where Kenny Bedwell and I dive into the key factors to consider before buying or not buying property. From calculating the total cost of a short term rental to mitigating risks in a volatile economy, we cover everything you need to know before making a purchase. Plus, we’ll discuss the importance of budgeting for ongoing expenses and having a long-term investment plan in place. Don’t miss out on this valuable advice from our experts! Watch this podcast each Thursday on our Youtube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA Exclusive Pricelabs Offer Here! Use code BILL25 & get 25% off for the first 3 months (offer valid for new users only) Take the next step towards growing your vacation rental business by enrolling in the STR Host Academy! With our comprehensive training, you’ll get the tools you need to increase your profits, attract new guests, and dominate your competition with marketing. Don’t wait any longer to start seeing results. Enroll in the STR Host Academy today! https://www.strhostacademy.com/hostacademy Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! 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 The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508 Build STR Wealth: https://buildstrwealth.com/ BK Hot Picks: https://bkhotpicks.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!