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Don’t Bank on the Future

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 like cost segregation bills or interest rates, stressing the importance of making informed, data-driven decisions based on the present situation. The duo also stress the need to be unique and differentiate one’s property to succeed in increasingly competitive markets. The discussion also features tips on timely implementation of investment plans and avoiding common pitfalls in the acquisition process.

00:00 Introduction to Short Term Rentals

00:28 Market My STR: The Ultimate Marketing Platform for Short Term Rental Hosts

01:26 Welcome Back to STRonomics

01:52 Discussion on the Cost Segregation Bill

02:42 Why You Shouldn’t Bank on the Future

04:15 The Importance of Timing in Property Investment

07:58 The Dangers of Speculation in Property Investment

11:49 The Impact of Amusement Parks on Property Investment

19:25 Conclusion: Focus on Making Your Property Unique

20:52 Outro: Thank You for Listening to STRonomics

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 Linktreehttps://linktr.ee/bfaeth?utm_source=linktree_profile_share&ltsid=660cbc9b-4a7e-4ed9-a654-900180b83af1

Build STR Wealthhttps://buildstrwealth.com/

Instagram: @BillFaeth73

Tik Tok: @bfaeth

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