Bill Faeth Unfiltered

Latest Episodes:

Getting the best mortgage rates w/ Brenna Carles Jan 19, 2024

Show notes

StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi!

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.

In this episode of STRUnfiltered, host Bill Faith invites special guest Brenna Carles, the founder of the Mortgage Shop, to discuss the best strategies to get great mortgage deals for short-term rental investing. Brenna shares valuable insights about considering mortgage rates, planning long-term investment goals, understanding the impact of debt-to-income ratios, and the importance of accurate tax filing for rental income. She also shares her career journey, from being a backup singer to a mortgage loan originator, and stresses the need for investors to commit and put in consistent effort to succeed in their investment journey.

02:00 Introduction and Welcome

02:22 Guest Introduction: Brenna Carl

02:44 Brenna's Journey: From Singer to Mortgage Loan Originator

04:30 The Birth of The Mortgage Shop

05:05 The Importance of Good Communication in Mortgage Lending

05:37 How to Get the Best Mortgage Rates

05:55 Understanding Different Loan Options

08:11 The Importance of Credit Score and Income Reporting

13:07 The Impact of Timing on Mortgage Applications

20:34 Choosing Between Different Mortgage Products

20:56 Planning for Long-Term Investment Goals

28:32 The Importance of Perseverance in Property Investment

31:23 Conclusion and Farewell

Watch this episode on our YouTube Channel Every Tuesday & Friday

https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA

The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508

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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Creative Wealth Building w/ Christian Allen & Rod Zabriskie Jan 16, 2024

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StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi!

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.

MoneyInsightsGroup.com

In this episode of STRUnfiltered, Bill Faeth hosts a detailed conversation with Christian Allen and Rod Zabriskie from Money Insights Group. The trio delve into the concept of 'alternative investing' and the transformative potential of nested returns. They discuss the power and value of capitalizing on multiple income streams, including optimizing investments for cash flow and tax benefits. A significant part of the conversation centers around using specialized life insurance policies as strategy tools, emphasizing the importance of cash-value-focused policies over death-benefit-based policies. They also explore various investment possibilities, such as ATM funds and short-term rentals. The discussion concludes with a mention of 'Invest with Benefits' virtual summit in 2023 and a call-to-action for listeners to sign up.

02:00 Introduction and Welcoming Guests

02:23 Discussing Mutual Connections and Networking

04:51 Introducing the Guests: Christian and Rod

05:19 Christian's Journey into Financial Services

09:27 Rod's Path to Alternative Investing

11:11 Exploring the Concept of Alternative Investing

14:49 The Role of Life Insurance in Investment Strategy

18:02 Practical Application of Investment Strategy

19:56 Understanding the Concept of Investment Optimization

21:22 The Importance of Life Insurance in Investment

22:05 The Mindset Shift Required for Investment Optimization

22:41 Leveraging Investments for Optimal Returns

24:31 The Principle of Investment Optimization Explained

25:22 The Challenges and Cons of Investment Optimization

26:43 Investment Opportunities and the Role of Accredited Investors

28:01 The Flexibility and Potential of Investment Optimization

29:23 The ATM Fund: A Unique Investment Opportunity

32:38 The Power of Pairing Investments for Greater Returns

36:30 Final Thoughts and Call to Action

Watch this episode on our YouTube Channel Every Tuesday & Friday

https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA

The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508

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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Are You Ready To Buy? Jan 12, 2024

Show notes

StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi!

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.

In this episode of STRUnfiltered, host Bill discusses the topic - 'Are you ready to buy property?' He first encourages listeners to identify the reasons behind their decision to invest and also to decide whether it's a lifestyle asset or a financially driven decision. He then talks about the importance of understanding one's 'bankability' and examines the various factors that affect it such as debt-to-income ratio and credit score. He also gives strategies on how to improve bankability and reminds his listeners to plan for multiple deals ahead. Bill ends by inviting his listeners to the upcoming STR Wealth Conference.

02:01 Introduction and Welcome

02:22 Understanding Your Motivation to Buy

02:51 Financially Driven Decisions vs Lifestyle Assets

04:05 Are You Bankable? Understanding Loan Options

04:22 Understanding Your Debt to Income Ratio

05:49 Managing Your Credit Score and Debt

06:48 Strategies to Improve Your Bankability

08:53 Planning Your Financial Investing Strategy

09:36 Setting Your Investment Goals

11:19 Conclusion and Invitation to STR Wealth Conference

Watch this episode on our Youtube Channel Every Tuesday & Friday

https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA

The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508

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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Shaping the Future of Short Term Rental Investments w/ Sean Moore Jan 09, 2024

Show notes

StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi!

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.

In this episode of STRUnfiltered, Bill is joined by Shawn Moore, owner of “Vodyssey” and one of the great minds in the world of Short-Term Rentals. The two go into detail about Shawn’s upbringing, how he was drawn into the world of Real Estate, and (of course) about that signature cowboy hat. Bill and Shawn share a similar style and approach to investing, but a large portion of the conversation is centered around their one major difference: whether or not to self-manage or to hire Property Managers. Both Bill and Shawn understand that marketing and presentation are absolutely key to success in the world of STRs, and despite their differing approaches, both share some very particular needs and requirements in order to maximize the revenue from each individual property. From there, the two discuss Projections for the market in 2024, and their plans to meet up for a fantastic joint seminar in the coming months.

02:00 Introduction and Guest Arrival

02:23 The Unconventional Podcast Format

02:39 The Cowboy Hat Mystery

03:46 Sean's Cowboy Lifestyle

05:17 The Country Club Cowboy

07:03 The Joy of Outdoor Activities

10:54 Sean's Journey into Short Term Rentals

16:19 The Role of Property Management in Sean's Business

19:13 Maximizing Assets in Vacation Rentals

19:19 The Importance of Consistency in Vacation Rentals

19:55 Finding the Best Property Managers and Co-Hosts

20:07 The Challenges of Vetting Co-Hosts and Property Managers

20:24 Strategies for Success in the Vacation Rental Market

20:51 The Importance of Reviews and Communication in Property Management

22:18 The Process of Interviewing Property Managers

24:44 The Role of Marketing in Property Management

26:55 The Challenges of Large-Scale Property Management

31:35 The Impact of Market Changes on Property Investment

32:42 Strategies for Buying Properties in the Current Market

35:32 The Future of Property Management

Watch this episode on our Youtube Channel Every Tuesday & Friday

https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA

The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508

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

Don't Miss This Big Opportunity Jan 05, 2024

Show notes

StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi!

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.

In this episode of STRUnfiltered, Bill discusses the upcoming opportunities in the real estate market as the Fed announces likely rate increases in 2024, urging listeners not to fear changes in interest rates but to focus on cash flow, cash on cash return and the internal rate of return. He believes that the possible rate decrease could shift the market into a seller's market as more buyers enter. For this, Bill encourages preparation, including being bankable and maintaining a strong credit score. He advises listeners to use any equity in their properties to reinvest and potentially increase their income. He also highlights the importance of being selective with properties, suggesting that properties without certain attributes might not return high yields. At the end, he introduces his inner circle program that helps members understand real estate investment better.

00:01 Introduction and Welcome

02:06 Understanding the Opportunity in Rising Interest Rates

03:08 Predictions for Federal Rate Increases in 2024

04:08 Preparing for the Impact of Decreasing Interest Rates

05:45 Importance of Being Bankable and Protecting Your Credit

07:44 How to Prepare for Buying Opportunities in 2024

07:59 Understanding the Importance of Debt to Income Ratio

08:36 Maintaining Good Credit Score and Its Impact

09:59 Predictions for the Real Estate Market in 2024

12:22 Understanding the Concept of Super Properties

13:18 Making Sound Investments and Building Equity

14:07 Closing Remarks and Contact Information

Watch this episode on our Youtube Channel Every Tuesday & Friday

https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA

The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508

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

2024 Airbnb Predictions Jan 02, 2024

Show notes

StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi!

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.

In this episode of STRUnfiltered, Bill anticipates a strong year for real estate in 2024, influenced heavily by the Federal Reserve's potential interest rate decreases. He advises listeners about strategic positioning for success, emphasizing the importance of being proactive, making strategic investments, and not being afraid to access capital. He mentions his '550 to 50' plan, which involves generating a net income of $250,000 from five properties. He also shares insights on how average properties might struggle, whereas 'super properties', built with extreme intention and catered to a specific buyer demographic will thrive. The discussion concludes with tips on reassessing investments and keeping an eye open for new opportunities, and a mention on the speaker's mastermind program 'Inner Circle'.

00:00 Introduction and Predictions for 2024

00:21 The Role of the Federal Reserve and Interest Rates

00:52 The Importance of Positioning and Accessing Capital

01:45 The Potential of Property Investments

02:25 The Impact of Federal Rate Decreases

03:00 The Rise of Boutique Hotels and Super Properties

03:46 The Importance of Portfolio Repositioning

04:10 The Pumpkin Plan and Building a Portfolio

04:26 The Danger of Average Properties and the Need for Unique Features

05:06 The Strategy for Super Properties

05:33 The Inner Circle and the Importance of Design

06:00 The Danger of Staying in the Middle

06:54 The Strategy for Accessing Equity and Making Improvements

07:40 The Importance of Proper Thinking and Seeking Opportunities

08:08 Conclusion: The Red Car Theory and Looking for Opportunities

Watch this episode on our Youtube Channel Every Tuesday & Friday

https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA

The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508

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

Are You Ready For Summer Booking Season? Dec 29, 2023

Show notes

StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi!

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.

In this episode of STRUnfiltered, host Bill Faeth, explores revenue maximization for short-term rental property owners. Bill emphasizes the need for tactical preparation ahead of the summer booking season, shares his expertise in high-demand property management, and sheds light on ideal revenue management strategies. He also gives actionable tips to property owners on upgrading property profiles to increase booking chances and price margins, with a specific focus on the summer seasons. In addition, Bill delivers a stern warning for those looking to buy properties, alerting them of an imminent Federal Reserve rate cut which could increase competition and property prices. Lastly, the host calls for feedback and reviews on various podcast platforms and offers his assistance through email and social media channels.

00:01 Introduction and Holiday Recap

00:35 Importance of Summer Booking Season

01:47 Revenue Management and Listing Optimization

03:24 Understanding Booking Lead Time

04:09 Maximizing Rates and Annual Revenue

08:20 Importance of Property Maintenance and Upgrades

13:09 Customer Retention and Direct Booking

15:16 Real Estate Market Predictions for 2024

16:17 Conclusion and Contact Information

Watch this episode on our Youtube Channel Every Tuesday & Friday

https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA

The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508

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

The Investment That Yields The Highest ROI Dec 26, 2023

Show notes

StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi!

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.

In this episode of STR Unfiltered, host Bill Faeth discusses the significance of investing in high-quality photography for short-term rentals. He argues that investing in top-tier photos is the best way to maximize return on investment (ROI) for rental owners. He shares his personal story of investing an average of $2500 per property on photography, which has considerably boosted his bookings and income. Bill emphasizes the need for 3D renderings for properties with multiple floors and highlights the impact of quality photos on time spent on a site, conversion rates and rankings. The discussion encompasses home staging for photography, branding the property through design and color scheme, and why owners should be physically present during photo shoots. Bill also highlights that video content will be important in the future too. Lastly, he encourages listeners not to skimp on photos as they play a crucial role in marketing and conversion for short-term rentals.

00:00 Introduction and Importance of Photos in Short Term Rentals

00:34 Investing in High-Quality Photos for Your Property

02:43 The Impact of Quality Photos on Booking Rates

03:22 The Correlation Between Photo Quality and Conversion Rates

04:01 Preparation and Staging for Property Photoshoot

05:31 The Role of the Property Owner in the Photoshoot

06:25 The Importance of Capturing Property Features and Views

08:07 The Advantage of Having Perfect Photos

09:36 The Role of Video in Property Marketing

10:12 Conclusion: The ROI of Investing in Photos

Watch this episode on our Youtube Channel Every Tuesday & Friday

https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA

The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508

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

Sam Dundas founder of GetBesty.AI Dec 22, 2023

Show notes

StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi!

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.

On the STR Unfiltered podcast, host Bill Faeth discusses artificial intelligence in property management with special guest Sam Dundas, the co-founder of GetBestie.ai. They discuss how Dundas ventured into the AI industry and developed GetBestie.ai as a revolutionary tool for property managers and hosts. Dundas explains how their AI platform can help businesses grow their portfolio, optimize listings, streamline messaging guests, and assign tasks. The platform will soon be adding a tool called 'CoPilot,' which will execute tasks through the PMS, saving up time and resources, and providing efficiency. Dundas reveals the platform will be launched on 15th December and will offer free trials for users on HostAway, Guesty, or HostFully.

00:00 Introduction and Guest Introduction

00:13 Discussion on Artificial Intelligence and GetBesty

01:04 Sam Dundas's Journey and Startup Experience

07:50 Introduction to GetBesty's AI Copilot

08:52 Benefits and Features of GetBesty's AI Copilot

16:14 Pricing and Availability of GetBesty's AI Copilot

18:54 Closing Remarks and Future Plans

Watch this episode on our Youtube Channel Every Tuesday & Friday

https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA

The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508

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