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  • Bill and Kenny discuss investment strategies for 2025, starting with a critical evaluation of Asheville, North Carolina. The experts suggest that the market is becoming overly competitive, requiring significant investment to stay ahead. They stress the importance of niche markets and unique amenities to stand out. Kenny shares a unique investment idea involving swingers' retreats[...]
  • Kenny shares his personal experience with regulatory changes in Buffalo, New York, which went from no regulation to a complete shutdown of non-owner-occupied short-term rentals. Bill and Kenny discuss the importance of having a seat at the table for advocacy prior to regulatory changes, drawing parallels to the rise of Uber. They emphasize the need[...]
  • Bill and Kenny highlights the importance of buying properties based on their intrinsic value rather than inflated revenue figures. Kenny Bedwell criticizes realtors who sell properties based on gross income rather than actual value and cautions against over-reliance on revenue projections. They stress that banks do not view single-family homes as commercial assets and will[...]
  • Bill and Kenny emphasize the importance of having a game plan when purchasing properties and qualifying them for material participation. They discuss the need to focus on value additions and timely refreshes to maintain property appeal. The conversation includes tax strategies, particularly around cost segregation and the potential benefits of expensing renovations in the year[...]
  • Bill and Kenny delve into the complexities of investing in short-term rentals amidst increasing regulations, market saturation, and rising interest rates. They discuss the critical aspects of underwriting, focusing on debt service, expenses, and revenue estimation. They emphasize the importance of realistic assumptions, strategic planning, and emotional detachment when evaluating investment properties. Whether you are[...]
  • Bill and Kenny explore how to navigate current challenges in the short-term rental market, including increasing regulations, market saturation, and rising interest rates. They focus on how to strategically invest in amenities like pickleball courts, saunas, and geo-domes to enhance guest experience and improve booking rates. The discussion includes the importance of understanding your target[...]
  • Bill and Kenny tackle the challenges facing short-term rentals, including increasing regulations, market saturation, and rising interest rates. They emphasize the importance of hiring a professional revenue manager to navigate these challenges and provide insights into dynamic pricing strategies. The discussion highlights the inefficacy of DIY revenue management for both newbies and seasoned hosts, stressing[...]
  • Bill and Kenny dive into the challenges faced by short-term rental investors amidst increasing regulations, market saturation, and rising interest rates. They discuss strategic investments and the timing of buying properties, emphasizing the importance of constant market vigilance and prudent financial planning. The episode also explores the implications of market trends and the benefits of[...]
  • Bill and Kenny dive into the nuances of preparing for the shoulder season in the short-term rental market. They highlight the importance of understanding booking lead times, optimizing pricing well in advance, and adapting strategies based on market demands. Bill and Kenny discuss their personal approaches to transitioning from peak summer seasons and how to[...]
  • Bill and Kenny discuss the impact of increasing regulation, market saturation, and rising interest rates on short-term rental investments. They introduce the upcoming STR Scale Summit, a free virtual conference on August 16th and 17th, featuring over a dozen industry experts on topics like marketing, taxes, design, revenue management, and more. The episode emphasizes the[...]
  • Bill Faeth and Kenny Bedwell challenge the belief that making $500,000 in gross revenue from a single short-term rental is impossible. They discuss key strategies, such as selecting the right market, creating unique guest experiences, and ensuring high-quality amenities, that can help investors maximize their returns. Real-life examples from various properties, including those in Wisconsin,[...]
  • Bill Faeth and Kenny Bedwell delve into the current economic landscape affecting short term rentals, including increasing regulations, market saturation, and rising interest rates. They highlight key strategies for staying ahead of the market and discuss crucial topics such as interest rates, the phasing out of accelerated depreciation, and potential changes to capital gains taxes.[...]
  • Bill Faeth and Kenny Bedwell delve into the complexities of investing in short-term rentals amidst increasing regulation, market saturation, and rising interest rates. They discuss the merits and drawbacks of investing in large versus small properties and emphasize the importance of finding the right balance based on individual goals and risk tolerances. The episode touches[...]
  • Bill Faeth and Kenny Bedwell delve into strategies for staying profitable amidst challenges such as decreasing average daily rates (ADRs), increasing competition, and market saturation. They emphasize the importance of adjusting pricing strategies, enhancing property features, and leveraging marketing tools to boost occupancy rates and overall revenue. The conversation also covers the significance of investment[...]
  • Bill Faeth and Kenny Bedwell tackle the mindset necessary for success in the short-term rental (STR) market, strongly opposing the idea of having a backup plan like midterm or long-term rentals (MTR or LTR). They share insights from their vast experiences, emphasizing going all-in on STRs, even in the face of increasing regulation, market saturation,[...]
  • Bill Faeth and Kenny Bedwell dive into the evolving landscape of short-term rentals (STRs), discussing the impact of increasing regulations, market saturation, and rising interest rates on investing strategies. They explore the importance of staying ahead by identifying trends and leveraging insights to optimize investments. The episode features a broader discussion on investment strategies, highlighting[...]
  • 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 delve into the complexities of investing in short term rentals given the current challenges of increasing regulation, market saturation, and rising interest rates. They provide insights on staying ahead[...]
  • 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[...]

Rankings and Revenue Management

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 on competitive pricing, listing optimization, and offering the right amenities. Adjusting the pricing strategy according to the peaks and troughs of market demand is a must. They warn against the ‘set it and forget it’ approach to STR management, recommending an active approach to revenue and ranking strategies. They also stress the importance of lead time and compering factors such as listings, pricing, and amenities.

00:00 Introduction and Welcome

00:42 Discussion on Revenue Management Rankings

01:37 Understanding the Correlation between Ranking and Revenue

03:21 The Importance of Conversion Rate

03:34 Factors Affecting Conversion Rate

05:13 The Impact of Property Quality and Amenities on Conversion

05:54 Key Terms and Takeaways for New Hosts

06:47 The Role of Pricing, Amenities, and Listing Quality in Conversion

18:29 The Importance of Market Analysis Before Listing

20:02 Understanding Conversion Rates and Revenue Ceilings

22:17 The Need for Constant Evaluation and Improvement

25:34 The Importance of Market Reports in Revenue Management

26:12 Closing Remarks and Ugly Sweater Contest Announcement

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