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  • This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In this episode of STRonomics hosts Bill Faeth and Kenny Bedwell dive deep into the challenges and strategies of balancing the demanding world of short-term rentals with personal health, family commitments, and spiritual life. They explore the importance of being[...]
  • This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In this episode of STRonomics, hosts Bill Faeth and Kenny Bedwell dive into the complexities of the short-term rental market, offering insights on how to stay ahead despite challenges like increased regulation, market saturation, and rising interest rates. They discuss[...]
  • This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In this episode of STRonomics, industry insiders Bill Faeth and Kenny Bedwell dive deep into the strategies for identifying and investing in short-term rental properties capable of generating significant cash flow. They introduce listeners to the '550 to 50 property[...]
  • This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In this episode of STRonomics, hosts Bill Faeth and Kenny Bedwell explore effective investment strategies for short-term rental hosts amidst the challenges of increased regulation, market saturation, and rising interest rates. The discussion covers the importance of dynamic pricing, understanding[...]
  • This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. This episode kicks off with a light-hearted anecdote about karaoke, quickly moving into the heart of discussing real estate in the short-term rental (STR) market. The hosts, Bill and Kenny, delve into the complexities of knowing when to sell properties,[...]
  • This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In this episode of STRonomics, hosts are joined by Bill Faeth and Kenny Bedwell to explore the importance of niche marketing in the short-term rental (STR) industry. They discuss the success of a Blue Ridge property owner who significantly increased[...]
  • This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In this episode of STRonomics, hosts Bill Faeth and Kenny Bedwell dive into the topic of how certain property amenities, like coffee bars, murals, bikes, and air conditioning, impact rental properties' Average Daily Rate (ADR) and occupancy rates. Kenny shares[...]
  • This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. Bill Faeth from Build STR Wealth and Kenny Bedwell from STR Insights discuss the prevalent mistakes in the short term rental industry, specifically overspending on design and poor time management. They also discuss problems from underestimating launching and operational costs,[...]
  • This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In this episode of STRonomics, Bill Faeth and Kenny Bedwell discuss the role of real estate agents in the short-term rental property market. They argue that while agents can provide valuable services such as drawing up contracts and giving insights[...]
  • This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In this episode, industry experts Bill Faeth and Kenny Bedwell discuss strategies to stay ahead in the short-term rental market amid increasing regulations, market saturation, and rising interest rates. They share insights on investment trends, marketing tools and platform 'Market[...]
  • This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In this episode of STRonomics, Bill Faeth and Kenny Bedwell discuss the impact of increasing regulation, market saturation, and rising interest rates on short-term rentals investment. They shed light on the importance of staying ahead of the curve and being[...]
  • This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In this episode of STRonomics, industry experts Bill Faeth and Kenny Bedwell discuss how to stay ahead of the curve in short-term rental investments amidst increasing regulation, market saturation, and rising interest rates. They caution against banking on future predictions[...]
  • This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. Link to PDF: https://www.strinsights.com/top-investable-short-term-rental-markets-2024-report In this episode of STRonomics, Kenny and Bill share details about the new 'Investable Markets PDF'. The report is a comprehensive analysis of the best markets for investment in the vacation rental industry. They discuss the[...]
  • This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In this episode of STRonomics, hosts Bill Faeth and Kenny Bedwell discuss the outlook for short term rental investors in 2024. They reckon that the future market performance largely hinges on factors like interest rates, the economy, and election outcomes.[...]
  • This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STRonomics, hosts discuss the business strategy called 'The Pumpkin Plan' and its application in the Short-Term Rental (STR) business. The hosts analyze the strategy that starts from selecting the right seeds (properties) to nurturing and growing the business with meticulous care[...]
  • This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode, Bill Faeth and Kenny Bedwell discuss the considerations and strategies when investing in real estate and markets. They explore the importance of understanding the markets, finding value in data and doing thorough research. They caution against solely relying on real estate agents[...]
  • This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this discussion, the hosts dive into key aspects of revenue management in short-term rentals. They emphasize that improvement in conversion rates is the key to maximizing revenue, needing prioritization over high ranking or as many bookings as possible. To maximize conversions, hosts must focus[...]
  • This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STR Unfiltered, hosts Bill Faith and Kenny Bedwell, founder of STR Insights, discuss the importance of understanding one's 'why' in the realm of property investment and the role of coaching in their respective careers. They share their personal experiences and motivations,[...]
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  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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&ltsid=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
  • 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[...]
  • 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[...]
  • 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&ltsid=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
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. Bill and Kenny strategize about Mid Term Rentals Vs Short Term Rentals and why mixing the two on a singular listing can be bad news. Kenny shares the story of how an unusual month-long rental moved his property from the first page to the fourth[...]
  • This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. Bill and Kenny discuss how to increase revenue on your properties while also saving money with every single facet of your business! They talk everything from asking guests for feedback to prebuying your propane. You won’t want to miss this episode! [00:03] Introducing STRonomics [01:40][...]
  • This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. On STRonomics this week, Bill and Kenny go over the common bottlenecks that they see which keep new investors stagnant. They talk about researching the property, how everything looks post-acquisition, and how you have to constantly learn new marketing techniques from industry experts. [0:00] Intro[...]
  • This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. On STRonomics this week, Kenny and Bill go through the 7 things you can do today to Maximize your STR revenue! Bookings will not come easily after the summer boom, fly past your competition now! [0:05] Bill and Kenny’s Intro [0:50] How to Maximize Revenue[...]
  • On this STRonomics, Kenny is solo while Bill travels and he discusses how to spot emerging markets and lets you in on the ones he’s personally keeping an eye on! [0:05] Introduction [0:30] Spotting Emerging Markets [2:20] Defining an Emerging Market [4:30] The Covid Bump [7:00] Active Listing Surges [8:32] Foot Traffic as an Indicator[...]
  • On this STRonomics, Bill & Kenny take a closer look at the real value of reviews and how detrimental they are to boosting your ratings and getting your STR booked more frequently. Here are their key takeaways: [0:01] Introduction [0:33] Kenny’s Research [1:52] The Number of Reviews [3:45] Calculating Your Nights [5:30] Greatest Tips to Get[...]
  • Bill and Kenny break down their most successful pricing strategies and how paying attention to things like occupancy, the 3-2-1 strategy, and your competition will bring in more summer bookings. [0:05] Chat GPT [1:10] 3-2-1 Strategy [10:10] Optimation Tools [11:23] Pricing for occupancy [13:10] Pricing fluxation example [14:10] Sunk Profit [15:00] Checking your competition [17:20][...]
  • Kenny and I deep dive into the biggest mistakes and pitfalls when analyzing property and the very best advice on researching your perfect property and ideal market! [1:25] How people analyze a property [5:00] Hotel data & comparable properties [8:20] Kenny's data breakdown [15:26] StrInsights benefits [18:00] Seeing the property first [21:35] Avery Carl’s Enemy[...]
  • Welcome to another episode of STRonomics, where Kenny Bedwell joins forces with Bill Faeth to bring you the latest insights from the ever-evolving world of short-term rentals. Join the conversation as they dive into the perks of being a Superhost on Airbnb and uncover the benefits it brings. Discover the nuances between direct bookings and[...]
  • Welcome back to Stronomics with Kenny Bedwell and Bill Faeth, your go-to source for the latest and greatest in short-term rental investing! In this episode, they kick off the discussion by revealing the best places in the country to invest in. Gain insights on how saturation can impact growth in different markets and why blindly[...]
  • In this week’s episode of STRonomics, solo host Bill Faeth steps up to the mic as his co-host Kenny Bedwell takes the week off to celebrate exciting news. Bill discusses how to find a profitable market using gross ROI filtering and learn how to analyze occupancy and pricing to avoid common pitfalls. Gain insights into[...]
  • Welcome to this episode of STRonomics, where Bill Faeth and Kenny Bedwell reveal the 7 essential steps to succeed in short-term rental investing. Learn how to identify your goals and align them with your property, select the perfect market, and chose the right real estate agent. Discover the importance of banking and funding, asset and[...]
  • In this episode of STRonomics, Kenny Bedwell and Bill Faeth dive deep into the top three metrics that property owners should track. Discover how to differentiate yourself from competitors, reduce your booking lead time, optimize your pricing strategy, and monitor your financials for success. You won’t want to miss this valuable conversation! Watch this podcast[...]
  • 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[...]
  • On today's episode Bill and Kenny sit to discuss how to analyze your current property. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Our podcast Is doing a survey to get to know our listeners more! Use this link to fill out[...]
  • On today's episode Bill and Kenny sit to discuss why they hate Logan, OH for investing. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Our podcast Is doing a survey to get to know our listeners more! Use this link to fill[...]
  • On today's episode Bill and Kenny sit to with their Mastermind in Florida and answer some questions about the industry. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Our podcast Is doing a survey to get to know our listeners more! Use[...]
  • On today's episode Bill and Kenny sit to with their Mastermind in Florida and answer some questions about the industry. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Our podcast Is doing a survey to get to know our listeners more! Use[...]
  • On today's episode Bill and Kenny sit to discuss what the best amenities are for your property in 2023. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Report: https://www.strinsights.com/top-markets-report-2023 Our podcast Is doing a survey to get to know our listeners more![...]
  • On today's episode Bill and Kenny sit to discuss what to do if you don't have any bookings yet for this year. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Report: https://www.strinsights.com/top-markets-report-2023 Our podcast Is doing a survey to get to know[...]
  • On today's episode Bill and Kenny sit to discuss the top mistakes STR Investors made in 2022. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Report: https://www.strinsights.com/top-markets-report-2023 Our podcast Is doing a survey to get to know our listeners more! Use this[...]
  • On today's episode Bill and Kenny sit to discuss where they think you should be looking to invest in 2023. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Our podcast Is doing a survey to get to know our listeners more! Use[...]
  • On today's episode Bill and Kenny sit to discuss property identification strategies for 2023. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Report: https://www.strinsights.com/top-markets-report-2023 Our podcast Is doing a survey to get to know our listeners more! Use this link to fill[...]
  • On today's episode Bill and Kenny sit to discuss where they think you should be looking to invest in 2023. You don't want to miss it! Contact Tyler Coon and his team to get your next Short-Term Rental property under contract! Report: https://www.strinsights.com/top-markets-report-2023 Our podcast Is doing a survey to get to know our listeners[...]
  • On today's episode Bill and Kenny sit to discuss how they think you should be budgeting for 2023 given the current economic climate. 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[...]
  • On today's episode Bill and Kenny sit dive deep into the data to see what amenities can help your property generate more revenue. 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[...]
  • On today's episode Bill and Kenny sit down to discuss whether or not they're investing right now in today's market. 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[...]
  • On today's episode Bill and Kenny sit down to discuss the importance of location. 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[...]
  • On today's episode Bill and Kenny sit down to discuss why you need data to analyze properties before buying them. 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[...]
  • On today's episode Bill and Kenny sit down to discuss why they believe you should be evaluating your properties performance. 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[...]
  • On today's episode Bill and Kenny sit down to discuss why they believe Multi-Plexes are a safer investment in todays economy. 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[...]
  • On today's episode Bill and Kenny sit down to discuss the importance of knowing you exit strategy in this business. 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[...]
  • On today's episode Bill and Kenny sit down to discuss the difference between investing into Mid-Term Markets vs Vacation STR 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[...]
  • On today's episode Bill and Kenny sit down to discuss unique properties that will survive an economic downturn. 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[...]
  • On today's episode Bill and Kenny sit down to discuss the most important data points you should be looking at when it comes to investing. 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[...]
  • On today's episode Bill and Kenny sit down to discuss the most important data points you should be looking at when it comes to investing. 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[...]
  • On today's episode Bill and Kenny sit down to discuss how to leverage high 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[...]
  • On today's episode Bill and Kenny sit down to discuss how to leverage high 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[...]
  • On today's episode Bill and Kenny sit down to discuss three things you should do when evaluating properties that don't have good comps. 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[...]
  • On today's episode Bill and Kenny sit down to discuss if having your STR be pet friendly makes sense or not. 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[...]
  • On today's episode Bill and Kenny sit down to discuss what the best markets to buy into right now are. 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • 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[...]
  • Welcome to STRonomics! Today Bill and Kenny sit down to tackle the question that's on everyone's mind, is the STR gold rush over? 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[...]

Boosting ADR vs. Maximizing Occupancy

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries.

In this episode of STRonomics, hosts Bill Faeth and Kenny Bedwell dive into the topic of how certain property amenities, like coffee bars, murals, bikes, and air conditioning, impact rental properties’ Average Daily Rate (ADR) and occupancy rates. Kenny shares insights from his experience and observations from different markets, emphasizing that while certain amenities may not directly boost ADR, they can significantly enhance occupancy rates and attract specific guest avatars, thereby indirectly increasing revenue. They also discuss the importance of understanding the return on investment for each amenity added and targeting amenities towards the property’s guest avatar to ensure they enhance the guest experience effectively. Furthermore, the episode explores the concept of guest lifetime value and how unexpected, minor amenities can lead to repeat bookings. The discussions also cover various amenity ideas, from lighting and food-related amenities to unique additions like heated pools, emphasizing creative marketing and the guest perception of these features.

00:01 Welcome to STRonomics: A Unique Introduction

00:49 The Power of Amenities in Property Management

01:28 The Impact of Air Conditioning on ADR and Occupancy

08:01 Exploring the Benefits of Outdoor Lighting

13:13 Food Amenities: Enhancing Guest Experience

15:33 Maximizing ROI: When to Stop Adding Amenities

21:25 Targeting Amenities to Your Guest Avatar

25:50 Closing Thoughts and Call to Action

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&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1

Build STR Wealth: https://buildstrwealth.com/

Instagram: @BillFaeth73

Tik Tok: @bfaeth

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